Commercial & Industrial
Ipswich Company Buys Newburyport Property for Cannabis Cultivation
A vacant industrial building in Newburyport has been acquired by an Ipswich company and is in permitting to open a cannabis cultivation facility.
Four Brokers Move to Colliers
Four industrial brokers, including NAI Hunneman’s Cathy Minnerly, have joined Colliers International Boston to expand its southwest team.
BPDA Approves Seven New Development Projects
The Boston Planning & Development Agency (BPDA) has approved seven new development projects in the South End, Allston, Brighton, South Boston, Jamaica Plain and East Boston.
Personnel File
In this week’s Personnel File, banks, credit unions, residential realty offices and architecture firms grow their teams.
Legalized Marijuana: Next Steps for Landlords
While implementation of the commonwealth’s recreational marijuana legalization has been slow, as of July 1, licensed facilities may now sell marijuana. Possession of marijuana remains illegal at the federal level, which creates some concerns for residents and landlords alike.
Eastie Condo Pipeline Grows
Comparable sales prices for new condominiums were hard to find as developer Lendlease began building its Slip 65 complex on a dilapidated East Boston waterfront parcel.
No Slowing Down
When he was in college three decades ago, Dave Dirubbo dreamed of building the small construction company he started with his brother Anthony into a thriving business. But after he was diagnosed with stage IV lymphoma, those dreams were put on hold.
Southie Power Plant Redevelopers Offer Transit Upgrades
Redevelopment of the former Boston Edison power plant in South Boston would get more parking and fewer housing units under an updated plan unveiled by developers this week.
Marketers Pick Wakefield Property for New HQ
A Saugus-based digital marketing agency has signed a large office lease in Wakefield for a new corporate headquarters.
MassDev, Cooperative Bank of Cape Cod Partner to Finance Health Center Expansion
MassDevelopment has partnered with The Cooperative Bank of Cape Cod to provide Outer Cape Health Services Inc. (OCHS), a federally qualified Cape Cod community health center, with loan financing to renovate a Harwich Port building into a state-of-the-art health care facility.
Community Good Works
In this week’s collection of good deeds, commercial real estate offices, banks and credit unions give back to their communities through grants, scholarships and volunteering.
GE Capital Exit Provides Redevelopment Opportunity
The departure of GE Capital from a Connecticut office park will enable National Development to expand its senior living portfolio.
Cambridge Savings Consolidating Office Space in Waltham Move
Cambridge Savings Bank will consolidate a pair of back offices in Cambridge and Arlington at a newly renovated property owned by Hobbs Brook Management in Waltham.
Apartment Community Opens in Beverly
The real estate development group Beverly Crossing has opened its newest apartment community, Link480, at 480 Rantoul St. in Beverly.
Airbnb Offers Lesson in Extra Teacher Income
With the future of a short-term rental regulation and taxation bill now uncertain, Airbnb on Wednesday released new data it said shows how the home-sharing platform can help teachers bring in extra income.
Marriott Brand Opens Industrial-Themed Hotel at Assembly Row
A 158-room hotel operated by Marriott’s Autograph Collection brand is welcoming its first guests this week at Somerville’s Assembly Row.
Law Firm Leases 100K SF in Relocation
Boston-based law firm Burns & Levinson will move down the Greenway to another high-rise office tower, in a move that will provide a more collaborative workspace.
Allston-Brighton Veterans Supportive Housing to be Completed in 2019
A new Allston-Brighton project called the Residences at Brighton Marine will be one of the largest veterans’ developments nationwide, according to a statement made by the architect on the project, The Architectural Team Inc.
New Apartment Community Comes to Quincy
Quarry Hills Residential Holdings LLC will develop an apartment community on Quarry Hills Drive in Quincy.
MassDev Fund of $1.45M Grows Pepperell Place Project
Lexvest Chapel LLC’s original loan has been supplemented by $1.45 million in additional funding from MassDevelopment.
Commercial and Industrial Top
