Massachusetts
McWhinney Pays $95M for Denver Hotel
Colorado-based developer McWhinney paid $95 million for the Thompson Denver hotel. The hotel building, at 1616 Market Street is an… Read more
Mass Housing Provides $30M Financing for Brockton TOD
MassHousing has closed on $29.7 million in affordable housing financing to nonprofit NeighborWorks Housing Solutions (NHS) for the construction of 94… Read more
Northland Seeks Approval to Eliminate Offices from Newton Mixed-Use Project
Northland Investment Corp. is asking the Newton, MA City Council for permission to approve changes to a planned 23-acre mixed-use… Read more
ULI Boston Holds First Program in Center for Leadership
The Urban Land Institute (ULI) of Boston/New England announced the first cohort of 18 mid-career professionals for the newly launched Center for… Read more
Rockpoint Adds 607K-SF Distribution Facility in Uxbridge
Boston-based real estate private equity firm Rockpoint acquired Uxbridge Distribution Center, a 607,000-square-foot industrial distribution facility located on a 70-acre… Read more
Massachusetts GDP Growth Lags U.S. in Q4 2024
Massachusetts real gross state product (GDP) increased at an annual rate of 1.1% in the fourth quarter of 2024, according… Read more
Hasbro Nears Decision on Boston Headquarters Move
Toy maker Hasbro Inc., which has been considering a headquarters relocation from Pawtucket, RI to Boston since last September, is… Read more
BJ’s Wholesale Club in Bangor Trades to National REIT
Marcus & Millichap closed the sale of BJ’s Wholesale Club, a 91,828-square-foot retail property located at 110 Longview Dr. in… Read more
Remedy Medical Venture Enters Sale-Leaseback for Springfield MOB
CBRE facilitated the sale of the New England Orthopedic Surgeons’ facility, a 61,321-square-foot medical outpatient building (MOB) located at 300… Read more
Owner-Occupant Acquires North Andover Industrial
Marcus & Millichap closed the sale of a 30,855-square-foot flex/industrial building located at 45 Beechwood Dr. in North Andover, MA… Read more
Eversource, BXP Partner on Greater Cambridge Energy Program
Eversource and BXP broke ground on the Greater Cambridge Energy Program (GCEP). The first-of-its-kind transmission initiative is intended to address… Read more
Calare Properties Elevates Todd Barclay to Co-CIO
Calare Properties has promoted four team members while expanding its executive team with the appointment of Todd Barclay as co-CIO. Barclay will continue… Read more
Construction Tops Out on Takeda Global R&D Center in Kendall Square
Suffolk has topped off construction at BioMed Realty’s 585 Kendall a mixed-use lab/office building and performing arts center in the… Read more
Retail, Office See Large Increases in CMBS Delinquencies
Four commercial property sectors saw monthly fluctuations in their CMBS delinquency rates of 40 basis points or more in December… Read more
Boston Zoning Commission Okays Net Zero Mandate for New Buildings
The Boston Zoning Commission approved the Wu administration’s “net zero” requirement for new buildings after turning it down last year,… Read more
Industrial with Expansion Options Trades in Western New Hampshire
Marcus & Millichap arranged the sale of a 36,500-square-foot industrial warehouse located at 1042-1050 W Swanzey Rd. in Swanzey, NH… Read more
IQHQ Signs Biotech Firm to Early Lease Renewal in Andover
Life science REIT IQHQ said Tuesday it had entered into an early lease renewal and long-term extension with Generate:Biomedicines at… Read more
Nauset Wraps Passive House Project in Somerville’s Union Square
Nauset Construction recently completed the Phase II building of the Union 346 Apartments, located at 3 Hawkins St. in Somerville, MA,… Read more