Commercial & Industrial
Pittsfield Development District Lands New Market-Rate Housing
Dec 3, 2020 | Reprints | Unlock Link
A new market-rate housing development is moving forward in an area the city of Pittsfield has targeted for future development.
Half of Mass. Residents Fear MBTA Cuts Are Permanent
By State House News Service | Dec 3, 2020 | ReprintsA majority of Massachusetts residents believe that if the MBTA sharply cuts back on services to balance its budget next year those commuting options will not return after the state’s economy fully reopens, according to a new MassINC poll.
Biden, Top Democrats Swing Behind Bipartisan Virus Aid Bill
By The Associated Press | Dec 3, 2020 | ReprintsPresident-elect Joe Biden swung behind a bipartisan COVID-19 relief effort Wednesday and his top Capitol Hill allies cut their demands for a $2 trillion-plus measure by more than half in hopes of breaking a months-long logjam on the issue.
Latest Fed Beige Book Reflects Uneven, Plodding New England Economy
By State House News Service | Dec 3, 2020 | ReprintsThe regional economy continued its plodding recovery during October and into November but persistent uncertainty fogs a cautiously optimistic outlook for the coming months.
Giant, Vacant Hopedale Mill to Be Fully Demolished
Dec 2, 2020 | Reprints | Unlock LinkA giant vacant mill at the center of legal disputes and dreams of future redevelopment for a Central Massachusetts mill town will be leveled to entice future development.
Atlantic Retail, The Dartmouth Co. to Merge
Dec 2, 2020 | Reprints | Unlock LinkNeedham-based Atlantic Retail will merge with retail brokerage and property management firm The Dartmouth Co., the two firms announced today.
No Further Virus Closures or Restrictions Planned, Guv Says
By State House News Service | Dec 2, 2020 | ReprintsWith a second surge of COVID-19 transmission still underway as the holiday season begins, Gov. Charlie Baker brushed away “rumor-mongering” that the state will soon tighten restrictions but flagged clusters in houses of worship as a growing concern.
McConnell Rejects $908B Bipartisan Stimulus Proposal
By The Associated Press | Dec 2, 2020 | ReprintsTop Senate Republican Mitch McConnell said he’s largely sticking with a partisan, scaled-back COVID-19 relief bill that has already failed twice this fall, even as Democratic leaders and a bipartisan group of moderates offered concessions in hopes of passing pandemic aid before Congress adjourns for the year.
REIT-Owned Swampscott Grocery Store Sells for $19M
Dec 2, 2020 | Reprints | Unlock LinkA North Shore single-tenant grocery store property leased to Whole Foods has sold to a local buyer.
NAIOP Executive Director to Leave for Florida Job
Dec 1, 2020 | Reprints | Unlock LinkThe second-in-command at Massachusetts’ commercial real estate trade group is leaving the organization for a new job in Florida.
Pandemic Speeds Main Street Embrace of Online Retail Sales in Mass.
By State House News Service | Dec 1, 2020 | Reprints | Unlock LinkAccording to the Retailers Association of Massachusetts, 26 percent of its members reported selling on the internet last year, double what it was nine months ago.
9-Story Office Tower Planned for Malden Center
By James Sanna | Dec 1, 2020 | Reprints | Unlock LinkAfter buying a collection of parcels in Malden Center for $12 million in January, Boston-based Quaker Lane Capital has filed plans to develop an office building on the site.
Virus Keeps Black Friday Crowds Thin, Boosts Online Sales
By The Associated Press | Nov 30, 2020 | Reprints | Unlock LinkThe raging coronavirus pandemic kept crowds thin at malls and stores across the country on Black Friday, but a surge in online shopping offered a beacon of hope for struggling retailers after months of slumping sales and businesses toppling into bankruptcy.
Shuttered Berkshire Mall Could be Used as Site for Jury Trials
By The Associated Press | Nov 30, 2020 | Reprints | Unlock LinkA shuttered Massachusetts mall is being considered as a site to hold jury trials when they resume early next year, officials say.
Warehouse Planned for Dying Worcester Mall
By James Sanna | Nov 30, 2020 | Reprints | Unlock LinkWorcester’s Greendale Mall won’t wind up as Central Massachusetts’ latest mixed-use destination, after all: Owner Finard Properties is proposing to replace it with a distribution facility, instead.
The 2020 Turkey Awards: You’re Building What?
By Scott Van Voorhis | Banker & Tradesman Columnist | Nov 29, 2020 | Reprints | Unlock LinkWhile 2020 has been downright disastrous in so many ways, it has truly excelled at delivering a bumper crop of big, fast juicy gobblers to skewer, from doomed projects to idiotic proposals.
A Road Map for Life Science Growth
By Bob Coughlin | Special to Banker & Tradesman | Nov 29, 2020 | Reprints | Unlock LinkFor years, Massachusetts has been renowned as the best place in the world for the life sciences. To keep it that way, we must foster the growth of mini-biotech clusters statewide.
Work-From-Home Won’t Doom Office Real Estate
By Francesco De Vito | Special to Banker & Tradesman | Nov 29, 2020 | Reprints | Unlock LinkYou can’t swing by someone’s office on Zoom. On a more basic level, human beings need personal interaction and crave personal connection.
Brokering the Right Fits in a Shifting Retail Market
By Steve Adams | Banker & Tradesman Staff | Nov 29, 2020 | Reprints | Unlock LinkStephen Pleines founded Boston-based Eastern Land Co. in 2018. The Newbury Street brokerage represents such tenants looking for new locations as ATI Physical Therapy and juice bar CocoBeet, along with landlord representation.
Industrial Real Estate Rides Pandemic Boost Into 2021
By Jay Fitzgerald | Nov 29, 2020 | Reprints | Unlock LinkAn already strong industrial real estate market in Greater Boston got even stronger in 2020 as a result of a highly unlikely and generally unwelcome development: A pandemic.
Advertisement
