Commercial & Industrial
Skating Club Sells Brighton Property, Eyes Norwood Site
By Steve Adams | Banker & Tradesman Staff | Mar 18, 2019 | Reprints | Unlock Link
The Skating Club of Boston has completed the sale of its 2-acre Brighton property to a Boston developer as it prepares to relocate to Norwood.
Investment Firm Expanding In Seaport
Mar 18, 2019 | ReprintsAEW Capital Management is expanding at the Seaport East office tower after signing a new 12-year lease.
State Agency Leases Office Space In Worcester
Mar 18, 2019 | ReprintsA state agency has leased 7,686 square feet at Worcester’s Mercantile Center for new offices.
Gilbane & Hunt in Line to Manage WooSox Stadium Build
Mar 18, 2019 | ReprintsThe Worcester Redevelopment Authority is poised to vote tomorrow to approve Gilbane Building Co. and AECOM Hunt as the project managers for the city’s newest professional sports facility.
Commercial Leases Inked for Maynard Office Buildings
Mar 18, 2019 | ReprintsFour Maynard office spaces have been leased to a sporting goods retailer, a medical data firm, a cable television provider and a robotics design firm.
Personnel File
Mar 18, 2019 | ReprintsMembers of the banking and real estate industries were on the move this week. See who got promoted and hired.
NIMBY Strikes Again on Nantucket
By Scott Van Voorhis | Banker & Tradesman Columnist | Mar 17, 2019 | Reprints | Unlock LinkWhile engaging in the most rapacious forms of profit mongering are apparently fine off-island, Nantucket apparently has a very different code for what’s allowable on this playpen for the fabulously rich.
The Great Salisbury Billboard Race
By Gordon M. Orloff | Special to Banker & Tradesman | Mar 17, 2019 | Reprints | Unlock LinkA Massachusetts regulation stating that no two digital billboards may be erected within 1,000 feet of one another set up a race between competing billboard companies that owned abutting land.
Banker & Tradesman’s Editorial Cartoon: That Affordable Housing is Outrageous
By Peter Paul Payack | Banker & Tradesman Cartoonist | Mar 17, 2019 | Reprints | Unlock LinkCareful, dear. Your MAGA is showing.
Hot Property: Discovery Way Drive, Cambridge
By Steve Adams | Banker & Tradesman Staff | Mar 17, 2019 | Reprints | Unlock LinkBoston-based developer Bulfinch is building out the final phase of the 27-acre Cambridge Discovery Park with construction of a speculative, 270,000-square-foot lab building and 383-space parking garage.
The Time to Act on the Housing Crisis is Now
By Tamara Small | Special to Banker & Tradesman | Mar 17, 2019 | Reprints | Unlock LinkThe lack of housing is now approaching crisis level. The number of communities with median prices above $1 million has doubled in the past decade. As a result, the shortage of workforce housing is now a significant threat to our economic growth.
Condo Market Still Has Some Runway
By Steve Adams | Banker & Tradesman Staff | Mar 17, 2019 | Reprints | Unlock LinkThe market remains firmly tilted in sellers’ favor, but is beginning to show signs of a correction while two record-setting ultra-high-end condominium developments scheduled to open this spring in Back Bay and asking prices for Boston condos continue to rise.
‘Slow and Steady’ Not Enough on Diversity
Mar 17, 2019 | Reprints | Unlock LinkA new report from the Eos Foundation offers a damning critique of many organizations that serve as the public face of Massachusetts’ leading industries.
South End Hotel, Hood Park Expansion Get Go-Ahead
By Steve Adams | Banker & Tradesman Staff | Mar 15, 2019 | Reprints | Unlock LinkAfter sitting vacant for decades amid failed redevelopment attempts, the Alexandria Hotel in Boston’s South End is due for a makeover and expansion.
Cannabis Growing Facility Projects Summer Completion
By Steve Adams | Banker & Tradesman Staff | Mar 15, 2019 | Reprints | Unlock LinkConstruction of a cultivation facility generating 7,500 pounds of marijuana flower and 400,000 infused products is on track for a summer opening in southeastern Massachusetts.
North Shore Businesses Look to Form Own ‘Last Mile’ Transit Agency
Mar 15, 2019 | Reprints | Unlock LinkNorth Shore business leaders frustrated at “last mile” gaps between the MBTA’s current routes and job centers are considering forming their own transit agency.
Gaming Commission Releases Agreement With Wynn
By State House News Service | Mar 15, 2019 | Reprints | Unlock LinkAs part of a compromise to have a lawsuit against it dismissed, the Massachusetts Gaming Commission agreed to exclude certain information its investigators gleaned about allegations involving former casino magnate Steve Wynn from its forthcoming investigative report and will return some of the documents it obtained.
Self-Storage Facility Planned for Historic Worcester Factory
Mar 15, 2019 | Reprints | Unlock LinkA historic Worcester shoe factory is set to become a self-storage facility.
Massachusetts’ Business Leaders Still Overwhelmingly White, Male, Report Finds
Mar 14, 2019 | Reprints | Unlock LinkOrganizations representing Massachusetts’ business community, including the banking industry, have come in for criticism from a new report on leadership diversity in the state from the Boston-based Eos Foundation.
Lender Buys Commercial Parcels at Union Point
By Steve Adams | Banker & Tradesman Staff | Mar 14, 2019 | Reprints | Unlock LinkA lender that provided a mortgage for 220 acres of development sites at Union Point took possession from master developer LStar Ventures on Wednesday, submitting the high bid of $18 million at a public auction.
