Massachusetts
CA Passes $15 Minimum Wage, NY Not Far Behind
By: Daniella Soloway California Governor Jerry Brown will sign a bill on Monday to raise the state’s minimum wage to… Read more
Caruso Reveals Refined Vision for Palisades Village
Los Angeles-based Caruso Affiliated unveiled its updated vision for Palisades Village, a 116,000-square-foot redevelopment in Pacific Palisades. The retail developer… Read more
Boston’s Eastdil Team Shifts to Cushman & Wakefield
Three members of Eastdil Secured’s Boston office – the capital markets team – have left to join Cushman & Wakefield.… Read more
$28M Low-Income Fund Closed
Michel Associates, Ltd., based in Boston, MA has closed on its $28 million, Countryside Corporate Tax Credits Fund XXIII, a… Read more
Mass. Banks Sign $31M Merger Agreement
Independent Bank Corp. (parent of Rockland Trust Co. in Rockland, MA) and New England Bankcorp Inc. (which owns and operates… Read more
Rick Latini Promoted to Chief Engineer with Howard Stein Hudson
Howard Stein Hudson (HSH), headquartered in Boston, has promoted civil engineer veteran Rick Latini to the position of chief engineer.… Read more
Cresa Names Underhill to Lead Tenant Rep Firm
After being appointed as an advisor to Cresa’s Board of Directors in September 2015, James Underhill returns to his tenant representation roots… Read more
Central Park Tower Sells for $84M
Central Park Tower, a 297,672-square-foot office building in Broomfield, CO, sold for $83.5 million to GEM Realty Capital, based in… Read more
Ratkovich Reveals $100M San Pedro Public Market Plan
Los Angeles-based The Ratkovich Company (whose COO and EVP, Clare DeBriere, is speaking at Connect Retail West on March 16th)… Read more
Best Buy Closes 30 Stores in 2015, More in ‘16
In a continued effort to cut costs, Richfield, MN-headquartered Best Buy shuttered 30 stores in 2015, including one in Broomfield, CO,… Read more
Boston Hotel Sells to Blackstone for $75M
Blackstone Group LP has purchased the 178-room Club Quarters Hotel in Boston for $74.4 million, which equates to $423,707 per key.… Read more
Salesforce Tower Leases Another 100K SF
Boston Properties and Hines have confirmed leases totaling more than 106,000 square feet across five floors at Salesforce Tower. The… Read more
GE Strategically Relocates Global HQ To Boston
General Electric Co. is moving its global headquarters to Boston, from Fairfield, CT and New York City, where the company says… Read more
$1B Related Cos. Fund Spurs Major Investor Interest
The Related Cos. intended to raise $850 million for a new operator-sponsored opportunity fund, but even better, the fund reportedly collected $1… Read more
Converse HQ Anticipated to Close for $150M
German investment firm Union Investment Real Estate GmbH is reportedly ready to close on the 214,000-sf Converse Headquarters at 160… Read more
San Diego Tech Office Market Grows
San Diego’s tech office market is taking off right now, and it is in such a growth spurt that it’s… Read more
Top 10 Most Expensive Office Streets
In looking at the office market by location, industry, and competition, JLL has ranked the top 10 most expensive streets… Read more
Kearny Real Estate In Major San Diego Office Buy
Kearny Real Estate just purchased Mission Center Office Park, in that area of San Diego, for $29.2 million. The seller… Read more