Steve Adams

Steve Adams

Banker & Tradesman Staff

Steve Adams can be reached at sadams@thewarrengroup.com
former Kronos headquarters in Chelmsford

A Test Of Suburbs’ Resiliency

Chelmsford isn’t the only Boston suburb struggling to fill vacancies in aging office buildings, but this Merrimack Valley community of 34,000 has been more responsive than most in positioning commercial properties for quick and flexible redevelopment.

Steve Samuels

Reinventing Landmarks In The Fenway

Steve Samuels has put his stamp on the Fenway neighborhood as developer of apartments, the Verb Hotel, office space and now the neighborhood’s tallest residential tower, the 30-story Pierce Boston, which has pre-sold 60 percent of its condominiums.

One Post Office Square

Hot Property: October 16, 2017

The benefits of this revitalization will extend beyond the brick and mortar for years to come. Our city has shown tremendous leadership in planning for a strong economic future with collaborative initiatives such as Imagine 2030. As building owners and developers, we must challenge ourselves and do our part, in partnership with the city.

Urban Spaces

Hot Property: October 9, 2017

Given the high demand for office space in the Greater Boston real estate market – particularly in East Cambridge – we’re very excited about the building’s prospects.

Hot Property: Lake Williams Corporate Center, October 2

Hot Property: October 2, 2017

It speaks to ownership’s vision and commitment to the asset, and the center’s universal appeal to diverse companies with varying usage needs, from life science and R&D to a more traditional office use. It’s also a testament to the success of Marlborough and the region as an increasing number of companies continue to recognize the value of establishing their operations here.

Elkus Manfredi Architects

Developer Drops Mass Pike Apartment Tower

Plans to build two residential towers above the Massachusetts Turnpike in Back Bay have been scaled back with elimination of a 182-unit apartment tower and reduction in a proposed condo tower from 160 to 108 units.

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No Vertex? No Problem

BioMed Realty Trust faced a daunting assignment filling nearly 350,000 square feet in its three-building Cambridgeport R&D complex once Vertex Corp. decided to move to a build-to-suit headquarters in Boston’s Seaport District.

Thomas J. Andrews

Life Science Is Part Of Alexandria’s DNA

Alexandria Real Estate Equities owns more than 6 million square feet of life science properties in Greater Boston, or approximately one-third of its national portfolio, but it still has room to grow. The Pasadena, California REIT acquired the Metropolitan Pipe & Supply Co. property in Cambridge’s Kendall Square this spring for $80.25 million and is drawing up plans for the life science mecca’s latest major lab complex. Alexandria also is testing the suburban market’s demand for additional life science space, as it converts two floors of office space to labs at 266-275 Second Ave. in Waltham after acquiring the property in July for $70.7 million. Tom Andrews leads the company’s Greater Boston operations including development of the 2.6-million-square-foot Alexandria Center at Kendall Square campus.

1560TrapeloRoad

Hot Property: September 25, 2017

1560 Trapelo offers state‐of‐the‐art interiors for a modern plug and play opportunity for companies seeking an `urban feel with suburban appeal’ workplace solution. The combination of its cutting‐edge and sustainable design combined with first‐class amenity‐rich surroundings and superior location position 1560 Trapelo as a hot property in a key location.

53 State St. Boston

53 State St. Boosts Occupancy By 103K SF

Efforts to fill vacancies in Boston’s 1.1-million-square-foot 53 State St. office tower following law firm Goodwin Procter’s departure continue, with four new tenants signing leases for over 103,000 square feet.