Commercial & Industrial
Real estate investors should pay special attention to downtown areas of Brockton, Fitchburg, Lowell, Lynn and Worcester, where overlapping HD zones and Opportunity Zones are within walking distance of commuter rail stations.
Francisco Torres is working with Fitchburg restore vitality and bring more foot traffic to its downtown, helping potential retail tenants seek lease subsidies and providing developers with advice on converting vacant buildings into housing.
Gateway Cities hold tremendous promise as regional economic anchors. Early successes in Gateway Cities can guide other communities across the commonwealth as they strive to achieve local economic development priorities.
“It’s about a slow but steady transformation. It’s almost like a formula. Keep up with the current businesses you have. Promote the ‘cultural economy.’ Try to attract new businesses.”
Top legislators and activists were over the moon when Gov. Charlie Baker proposed making Massachusetts carbon neutral in 30 years, but they can’t forget that density has to be a key component of how we get there.
After decades as a supporting cast member amid an epic surge of development, Boston’s office market is poised to take center stage over the next couple years, with record-breaking rents and a mini-surge in new tower construction.
Core to Eastern Bank’s mission to the “less-served” is a decades-long commitment to our Gateway Cities, leading the bank to support The Brockton Partnership, a privately funded group that brings together local business leaders to support the city’s revival.
In Gateway Cities, retail vacancy presents a major challenge. Older buildings lack modern infrastructure and rarely conform to current codes. Convincing building owners to make costly upgrades is difficult. Fortunately, Massachusetts has little-known tools that are just right for this job.
Massachusetts investors who retrofit zero-carbon technologies will both help fight climate change and realize short-term returns.
In order to adapt to current teaching methodology and the environmental and societal influences educators and students face, local communities are revisiting how schools are designed and constructed.
As biotechs bring more products to market, Massachusetts hasn’t kept pace in the growth of its advanced manufacturing space to enable them to grow in their backyards. Now a former state hospital property in Worcester is making a bid to put central Massachusetts on the map as an affordable option.
A former Boston real estate official was sentenced to 40 months in prison for tax evasion and taking a bribe from a developer to influence a zoning board of appeals decision.
Members of the building trades, the banking industry and the real estate industry donated their time and money in ways big and small to their communities recently.
The Middle East nightclub property that’s been a focal point of the live music scene in Cambridge’s Central Square since the 1980s is on the market as the owners seek redevelopment opportunities.
Developer DivcoWest has received $433.8 million in construction financing for a pair of new buildings at Cambridge Crossing, including a 479,000-square-foot speculative office, lab and retail building on parcel EF.
The Massachusetts Senate next week plans to take up a far-reaching package of climate bills whose major components include carbon-pricing mechanisms for transportation, homes and commercial buildings.
A Newton Corner office building and home to one of Greater Boston’s top-rated buffalo wing joints has obtained $13 million in refinancing from Eastern Bank.
The kickoff of formal review of a 865,000-square-foot office and residential tower at what developer Chiofaro Co. describes as “Boston’s front door to the world” is rekindling the battle over building heights on Boston Harbor.
An Amherst shopping plaza anchored by a supermarket and a pharmacy has sold for $18.45 million.
A Lexington developer is proposing to build two mid-rise towers on the site of a former television studio on Dorchester’s Morrissey Boulevard.