Massachusetts
Workers Exit California Labor Force, Unemployment Remains Near Record Lows
California’s unemployment rate remains at a record low of 4.2% in the latest U.S. Bureau of Labor Statistics jobs report.… Read more
East Coast Investors Complete First KC Deal
Richmond, VA-based Lingerfelt CommonWealth Partners, in a joint venture with Boston-based CrossHarbor Capital Partners LLC, acquired 2345 Grand Boulevard, located… Read more
NKF Completes 55K SF of Leases at Sun Life’s Wellesley, MA Asset
Sun Life Financial signed three new leases totaling more than 55,000 square feet with Morgan Stanley, Wellesley Bank and Global… Read more
Venture Capitalists Flock to Healthcare Startups
Venture capitals continue to find the healthcare sector appealing. During the first half of 2018, healthcare startups received $10.6 billion… Read more
$324M Construction Financing, JV Equity for Watertown’s Arsenal Yards Redevelopment
A JV between Boston-based Boylston Properties, The Wilder Companies and Jonathan Bush secured $324 million in construction financing and joint… Read more
Plymouth Refis Debt on Industrial Buy from Goldman Sachs
Plymouth Industrial REIT has closed on a refinancing of debt on its Chicago-area industrial portfolio. The Boston-based REIT acquired 15… Read more
Hooah! Austin Welcomes Army Futures Command Center
Less than a month after announcing that Austin was one of top five cities under consideration for a new Futures… Read more
What’s Driving Uptick in Reverse Commutes?
The trend of living within urban centers is increasing, though it is creating an unexpected situation. According to JLL’s newest… Read more
Primrose Schools Enters Period of Expansion
The preschool years are a formative time in the lives of children, and private early education provider Primrose Schools is… Read more
Davis Divests Boston Campus to Jumbo for $108M
The Xchange at Bedford, a 479,000-square-foot creative R&D and life science campus near Boston, has traded hands for $107.75 million.… Read more
Could Driverless Cars Cause More Congestion in Urban Cores?
The world of transportation is constantly evolving. The newest transformation being autonomous vehicles. So, how are traffic conditions and transit… Read more
Urban Spaces Pre-Leases 50K SF to CarGurus at Cambridge MXU
CarGurus, Inc., leased the entire office component of Urban Spaces’ 121 First in East Cambridge/Kendall Square in Cambridge, MA. The… Read more
Chiofaro Co. Plans Waterfront Blueway Along with 600-Foot Tower
Even as it moves forward on planning for a 600-foot-tall building at the edge of Boston Harbor, the Chiofaro Co.… Read more
Novanta Extends 147K-SF Corporate HQ Lease in Boston
Novanta, Inc. signed a 147,371-square-foot lease extension at 125 Middlesex Turnpike in Bedford, MA. The supplier of laser products, precision-motion… Read more
Wayfair Taking 395K-SF at Oxford’s Boston Complex
Toronto-based Oxford Properties received a lease commitment from online furniture retailer Wayfair Inc. for 395,000 square feet at 500 Boylston… Read more
KKR’s KREF Lends $379M Against Boston, Philly Office Assets
New York-based KKR Real Estate Finance Trust Inc. (KREF) closed two floating-rate senior loan transactions totaling $378.7 million. The deals… Read more
Related Beal Expands Life Sciences Portfolio, Reacquires Boston Asset for $276M
Boston-based Related Beal acquired 451 D St., a 477,000-square-foot office and laboratory building in Boston’s Seaport District for $276 million.… Read more
Austin in the Running for Military Futures Command Site
Austin is one of five finalist cities under consideration by the U.S. Army for its new military Futures Command site.… Read more
Online Retailer Spreetail Leases 21K SF for New Office
Spreetail, an online retailer that sells home and garden products, has leased 21,000 square feet in downtown Austin. The Omaha-based… Read more