Commercial & Industrial
Health Care Tech Firm Expands In Burlington
Health care tech firm AllScripts has inked a 44,000-square-foot lease renewal and expansion at Griffith Properties’ One Burlington Woods office building to accommodate its growth in Greater Boston.
Officials Declare Redevelopment Plans For Downtown Brockton
State and local officials recently announced plans for the redevelopment of the 226 Main St. site in downtown Brockton.
North River Co. Acquires Two Chelsea Properties
Burgess Properties Inc. announced the sale of both 180 Everett Ave. and 115 Carter St. in Chelsea to North River Co. LLC, an affiliated entity of Waterfront New York.
Worcester Offers Amazon Half-Billion-Dollar Tax Break
Worcester is prepared to give Amazon a $500 million property tax break if the Seattle e-commerce leader agrees to locate its future second headquarters in New England’s second-largest city.
New York Life Occupies Rockland Offices
New York Life has occupied its newly built-out offices at 1050 Hingham St. in Rockland.
Unions Irked By Baker’s Position In Unsettled Contract Talks
Animosity has begun to brew between Gov. Charlie Baker’s administration and public employee unions negotiating new contracts with the state who believe the governor’s team has been low-balling the workers with salary offers that fail to keep up with rising health care costs and increased demands.
$53M Upgrade Planned For South End Property
A $53 million permanent loan from MassHousing will be used to renovate the 181-unit Villa Victoria’s Viviendas apartments in Boston’s South End.
Lowell Food Producer Receives Financing For Manufacturing Expansion
MassDevelopment has issued a $4.6 million tax-exempt bond for Plenus Group Inc., a family-owned manufacturer of soups, sauces and gourmet frozen foods based in Lowell.
Transpo Officials Learning From Bumpy Rollout Of Inspections Technology
The state’s new vehicle inspection technology landed with a thud when the Registry of Motor Vehicles rolled it out earlier this month, leaving hundreds of service stations unable to participate in the program that regulates vehicle safety and emissions.
State Government Website Revamped With User Accessibility In Mind
The Baker administration announced the launch of the new Mass.gov website, redesigned to better meet the needs of thousands of constituents visiting it on a daily basis.
Upgrades Set To Begin At Fenway Complex
Longtime renters in the Boston’s Fenway neighborhood have felt the squeeze from rising rents and conversion of apartments into off-campus housing.
Boston Fed President Expects 2 Percent Inflation By Next Year
Speaking at a conference in Boston Friday, Eric Rosengren said he also expects current low inflation, the main factor that could hamper projected interest-rate hikes, to get much closer to the Fed’s 2 percent target next year.
Boston East Opens Sales Center
Trinity Financial’s Boston East mixed-income rental complex has opened its temporary marketing center at 80 Border St. and begun preleasing 200 mixed-income units on the East Boston waterfront.
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.
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.
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.
Dire Housing Shortage For Cape Residents
Cape Cod has long been a tourist destination. Even so, there was always a sizable year-round population of regular folks – some newcomers drawn by booming restaurants and hotels, others with roots stretching all the way back to the Pilgrims.
Somerville Adds New Wrinkle To Amazon Pitches
Somerville Mayor Joseph Curtatone’s proposal for “Amazon On The Orange Line” is adding a last-minute wrinkle to Greater Boston’s attempts to lure the online commerce giant’s second headquarters.
Financial District Property Sold For $6.2M
Boston-based LDJ Development LLC has acquired 190 High St. in Boston’s Financial District from longtime owner KFDA for $6.2 million.
Erland Construction Completes The Merc At Moody And Main
Erland Construction has completed a new mixed-use residential development in downtown Waltham.
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