Commercial & Industrial
AIG Insurance has paid $175 million to buy five office and retail buildings on Summer and Chauncy streets in Boston’s Downtown Crossing from Synergy Investments and DivcoWest.
Oxford Properties Group has acquired the 125 Lincoln St. garage in Boston’s Leather District, a 2.7-acre property viewed as a potential transit-oriented development site two blocks from South Station, for $39.5 million.
Faced with a report that the MBTA’s pension fund will need about $1 billion over the next 18 years to remain solvent and fulfill its obligations, the T’s Fiscal and Management Control Board on Monday was presented with three options.
CorePower Yoga has leased 3,420 square feet in the Viridian luxury residential building in Boston’s Fenway neighborhood, joining Blaze Pizza and honeygrow as retail tenants in the complex at 1282 Boylston St.
BankGloucester, Cresa Boston and Savings Bank of Walpole are among the organizations announcing changes to personnel in this week’s roundup.
You know the saying that doing the same thing over and over again and expecting different results is the definition of insanity? Well, our state government’s long string of spectacular failures trying over and over again to cash in on potentially valuable Boston development sites also serves as a pretty good definition of sheer stupidity.
CBRE/New England’s capital markets group is marketing the 65-acre Reebok corporate headquarters in Canton.
Chin up, Dorchester. Two deals to redevelop the Boston Globe property may have fallen through, but investors are still bullish about what the future holds in the land of the triple-deckers. Transit-oriented multifamily projects such as the Hub25 apartments at Columbia Point are luring renters down the Red Line ith discounts from downtown rents, prompting more developers to search for similar sites.
Alterra LLC has acquired 777 North Shore Road in Revere, a 31,950 SF office/warehouse building located on Route 1A.
In exchange for Logan’s environmentally friendly upgrades, CLF agreed to drop its opposition to the parking plan, which is pending regulatory action by the Department of Environmental Protection.
Contrarian Capital Management has entered a $90 million joint venture recapitalization with KS Partners for the 1-million-square-foot Andover Landing at Brickstone office complex.
The Baker administration awarded $2 million to 47 cities and towns across the commonwealth yesterday, impacting 74 municipalities to drive local technological transformation and improvement projects through the Community Compact Information Technology (IT) Grant Program.
The state’s total unemployment rate increased to 3.9 percent in April from the March rate of 3.6 percent, the Executive Office of Labor and Workforce Development announced Thursday.
After huddling in closed-budget caucuses on Wednesday, state senators will spend Thursday drafting and filing amendments to the $40.3 billion budget bill (S 3) that’s scheduled for floor debate starting on Tuesday, May 23.
Under the first warm sunny day in weeks, Quincy city officials and LBC Boston executives took sledge hammers to the 1500 Hancock St. block to officially begin its demolition and construction of a new, modern, commercial and residential property for the city’s downtown.
In its first acquisition in Boston’s Newmarket neighborhood, Boston-based Winhall Cos. has acquired a recently renovated brick-and-beam office building at 114-125 Gerard St.
Another high-profile Dorchester commercial property has hit the market as a potential development site.
In two months, Boston will host the National Women’s Political Caucus Biennial Convention.
The developer of an 1,160-unit multifamily project at the former GE Riverworks property in Lynn has agreed to pay for construction of a new public commuter rail station on the Newburyport/Rockport line.
Peabody Essex Museum has acquired a 112,400-square-foot industrial building at 306 Newburyport Turnpike in Rowley.
- A Part-Timer Turned Producer
- Berkshire Hills To Move Corporate HQ To Boston, Acquire Commerce Bank
- Five-Building ‘Hive’ Portfolio Sold To AIG For $175M
- In Its Second Merger This Year, Abington Bank Will Merge With Avon Co-op
- No Surprise In Lack Of Bids On Kneeland Street