Massachusetts
MassDevelopment, M&T Bank Issue $25M Bond, Expanding Housing for People with Disabilities
MassDevelopment, a Massachusetts economic development agency, has issued a $25 million tax-exempt bond on behalf of CIL Realty of Massachusetts,… Read more
Boston Downtown Businesses Vote to Continue BID
Property owners unanimously voted to continue the Downtown Boston Business Improvement District (BID) for another five years, reported by Boston Business… Read more
Cain, Security Benefit to Buy $1.2B PacWest NY Portfolio
Cain International, in partnership with Security Benefit Life Insurance Company, has agreed to acquire a portfolio of real estate construction… Read more
Grove Property Group Sells Two MF Buildings for $10M
Grove Property Group has sold two multifamily buildings in Boston’s Beacon Hill and North End neighborhoods. The properties at 35… Read more
Cambridge Doubles Down on ‘Net Zero’ Mandate
The Cambridge City Council has taken a step closer to implementing a law that would require large commercial property owners… Read more
Tom Sullivan Joins JLL’s Boston Capital Markets Team
JLL Capital Markets has appointed Tom Sullivan as a senior managing director in its Boston office. By joining the Capital… Read more
Report: Increasing Office Sublet Space Could Add Challenges to Upcoming Maturities
The office sector continues to take a beating, as indicated by higher vacancies and flight to quality. Then there is… Read more
CBRE: Boston/Cambridge Remains Top Market for Life Sciences Research Talent
Boston and Cambridge remain the top markets for life sciences research talent in the United States, according to a recent… Read more
Redding Self-Storage Facility Lands $22M in Construction Financing
EagleBridge Capital, a Boston-based mortgage banking firm, has secured construction financing of $22 million for a new self-storage facility in… Read more
New Medical Building with Lab Services Coming to Medway
Lobisser Companies has secured financing from Rockland Trust to develop a new medical building in Medway. The building will be… Read more
Hines Breaks Ground on Chelsea Industrial Site
Hines has completed the demolition phase to commence construction on Chelsea Point, a strategic industrial development site in Chelsea, Massachusetts.… Read more
Marcus Partners Fully Leases West Bridgewater Warehouse
Marcus Partners said Monday that 4Wall Entertainment, a full-service lighting, video and rigging company servicing all facets of the entertainment… Read more
Rise Plans 123-Acre Braintree Film, TV Studio
Boston-based real estate firm Rise has struck a deal for a 123-acre site in Braintree where it plans to build… Read more
Western Boston Lifestyle Center Secures $190M in Financing
Legacy Place has secured a $190 million first mortgage refinancing for a 675,000-square-foot retail center in Dedham, Massachusetts. Wells Fargo… Read more
TruAmerica Multifamily’s Robert Hart Honored for Philanthropy
The Jewish Federation of Greater Los Angeles honored the life and philanthropic legacy of Robert Hart, founder, CEO and president… Read more
WS to Redevelop Cape Cod Shopping Plaza with Whole Foods as Anchor Tenant
Chestnut Hill-based WS Development is set to commence construction on the redevelopment of Capetown Plaza in Hyannis, Massachusetts, first reported… Read more
Skanska Lands $311M Contract to Build Simmons U. Residence, Campus Center
Skanska has landed a contract worth $311 million to construct Simmons University’s new Living and Learning Center in Boston, Massachusetts.… Read more
Modern-Day Supper Club, Grace by Nia, Comes to Seaport
Grace by Nia, a modern-day supper club, has opened up in the Seaport District. Launched by Nia Grace, owner of… Read more
East Boston Mixed-Use Portfolio Change Hands for the First Time in Over 100 Years
A portfolio of four mixed-use buildings in East Boston has been sold for $4.275 million. Both buyers and sellers are… Read more