Alexandria Lands 166K SF Lease in Waltham
Alexandria Real Estate Equities’ Waltham life science campus inked a 165,940-square-foot lease with a Danish health care company.
The Village Bank Opens New Waltham Branch
The Village Bank, headquartered in Newton, has opened its ninth branch in Waltham after years of serving the residents and businesses there from branches outside of town.
Greystar Proposes Second Local Lab Project
A 1960s office park near Route 128 would be replaced by a life science project under plans under review by Waltham officials.
Chase Applies to Open Sixth MA Branch This Year
JPMorgan Chase is continuing to march forward on its branch expansion plans in Massachusetts.
The Other Barrier to Development
Some residents’ opposition to multifamily housing frequently dominates headlines, but developers say understaffed and fragmented town hall bureaucracies are just as big a problem in Boston suburbs.
Hobbs Brook Gets New CEO
Suburban developer Hobbs Brook Real Estate has named a new CEO to replace former chief executive Sam Schafer.
Three Biotechs Ink Leases at Waltham Office-Lab Conversion
Three life science companies have signed leases totaling 166,000 square feet at a Waltham office-to-lab conversion project currently under construction.
Hot Property: 41 Seyon St.
Cambridge-based Generation Bio will build out a cGMP facility in Waltham after leasing over 100,000 square feet from the developers that acquired the property in December 2020.
Suburbs Retain Desirability Amid Workplace Disruption
Greater Boston’s suburbs have always been popular because they offer companies and their employees an ideal mix of conveniences such as a short commute, free parking and green space that will never be available in most urban locations.
Hot Property: Abcam Offices and Labs
The Boston office of tenant representation brokerage Cresa was selected by global life sciences company Abcam to manage its relocation from Cambridge’s Kendall Square to Waltham.
Hot Property: Boston Dynamics Headquarters
Design collaborative Bergmayer and construction manager JC&A have completed the corporate headquarters and lab facilities for robotics firm Boston Dynamics in Waltham.
Hot Property: 115 Fourth Ave.
A software company that works with tour operators is moving to 115 Fourth Ave. in Needham, a newly-updated office building owned by The Davis Cos. and Marcus Partners in Waltham.
Hot Property: 81 Wyman St.
A recent capital improvement and renovation project at 81 Wyman St. in Waltham has received LEED Platinum certification for core and shell by the U.S. Green Building Council.
Waltham Apartment Complex Trades for $73M
A large Waltham apartment complex has sold for $73.57 million.
Alexandria Slashes Planned 2020 Construction Spend
One of Boston’s biggest life science REITs declared they are pulling back on planned construction spending for the rest of the year.
State Reps Fear Baker Bill Would Help ‘Pack’ Zoning Boards
Comments lawmakers made Monday suggest that some members of that panel are split in their opinions of Gov. Charlie Baker’s proposal to make it easier for towns to OK housing developments.
Lab Developers Build Ahead of the Market
Commercial landlords trying to capture soaring demand from rapidly growing life science startups are increasingly building out lab space on spec in the hopes of catalyzing the next life science cluster outside of East Cambridge.
Hot Property: Cityside Waltham
Three office tenants have signed leases totaling more than 31,000 square feet at Cityside, a 300,000-square-foot office complex in Waltham whose proximity to Moody Street provides amenities that set the property apart from typical suburban buildings.
Office Tenants Receptive to New Construction in Suburbs
Looking ahead to a new decade in 2020, suburban office users will continue to gravitate towards quality modern office space as tenant experience and talent retention remain key drivers of business decisions.
Lab Leasing Drives Development into New Markets
Kendall Square has seen achieved lab rents top $125 per square foot on a triple-net basis, leading tenants, landlords and investors to look to secondary clusters nearby.
