Commercial Real Estate News
Harbor Towers Get a 50-Year Reprieve from Nature
The nor’easter in late September spared the Harbor Towers condominiums, located steps from the downtown Boston waterfront. Trustees say a recent $20 million investment ensures that the property will withstand coastal storms for decades to come.
NorthBridge Sells Boylston Distribution Center for $90M
Rising fuel costs are putting a premium on well-located warehouse and distribution centers, factoring into the $90 million acquisition of a central Massachusetts property.
Studio G Architects Names Next Leader
Boston architecture and planning firm Studio G has announced founder Gail Sullivan plans to retire.
Watch: DTX Landmark Seeks to Stand Out in Crowded Market
Millennium Partners has a big block of vacant space to fill at 10 Summer St.: over 244,000 square feet on six upper floors in a building now anchored by retail tenant Primark.
State Housing Chief Says More Funding Coming for Development
Massachusetts’ top housing official said more public assistance is coming for developers of multifamily projects, including $200 million of state transportation funding to jumpstart projects.
Healey Seeks Project Labor Agreement for Cape Bridge Project
State officials have issued a request for proposals for a team to design and build a new Sagamore Bridge, and the firm that wins the bid must agree to a project labor agreement.
Cambridge Councilors Seek to Rein in Citywide Upzoning
Cambridge officials took a step towards rolling back the city’s historic 2024 citywide rezoning, which has prompted a backlash from some residents about the scale of recent multifamily development.
Residential Conversions Trigger Updates to Historic Buildings
A Brutalist landmark, a block-sized prewar edifice and a smaller downtown office building are getting new building systems as well as apartments.
Project Labor Agreement Cost Study Prompts Healey Admin. Rebuttal
A conservative-leaning think tank released a report that argues project labor agreements ratchet up construction costs and could possibly carry implications for replacing the Cape Cod bridges.
Personnel File – No. 458
From new VPs to fresh project managers, see who’s been hired, promoted and honored in the Massachusetts real estate and banking industries.
Mismatched Priorities Extend Lab Market Woes
Commercial landlords’ business model and small biotech companies’ needs are at odds, throwing obstacles in the paths of filling empty lab buildings and form the next generation of industry giants, alike.
Growing the Workforce by Growing Others’ Businesses
Joe Rettman and NEI General Contracting are helping subcontractors grow in their bid to relieve the pressure on the Massachusetts’ construction labor market.
Why Did the State’s Top Tax Official Ignore Boston’s Tax Mess?
What’s up with state Commissioner of Revenue Geoffrey Snyder? Why won’t he look into Boston’s admission that it hiked taxes on 150 struggling commercial buildings?
Watertown Lab Market Chips into Vacancies
No one is prepared to say that Greater Boston’s third-largest lab market is in full recovery mode. But Watertown lab vacancies have started falling.
Tenant Right to Purchase Bill Closer than Ever on Beacon Hill
Tenant advocates are heartened while landlord groups are steadfastly opposed to TOPA measures included in the Legislature’s sweeping economic development bills.
Why Real Estate Has to Be Part of Biotech’s Comeback
Lab lease terms are a real hurdle to getting the biotech industry back into growth mode. Here’s why you should rethink yours.
The Housing Crisis is Urgent and Statewide. The Solutions Should be Too
The Legislature has until January to act, but every month of delay means more families priced out and more slow-walking of the homes the state needs.
How to Keep Gateway Cities Growing
Between inflation, the high cost of borrowing and an immigration crackdown, growth in Massachusetts’ Gateway Cities is slowing. Three ideas can turn things around.
2026 Is an Inflection Year for Greater Boston’s Lab Market
Greater Boston’s life science real estate market is beginning to show clearer signs of an inflection point after several years of supply growth, declining rents and subdued tenant demand.
They’ve Got the Power in the Suburban Flex Market
When biotech startups are ready to graduate from incubators, a frequent destination is Cummings Properties’ 11 million square-foot portfolio in Boston’s northern suburbs.
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