Commercial & Industrial
BPDA OKs Dot Block Despite Neighborhood Pushback
Apr 16, 2019 | Reprints | Unlock Link
Amid neighborhood concerns about gentrification, the Boston Planning and Development Agency board approved the new version of Samuels & Assoc.’s massive Dot Block project on April 11.
Downtown Hingham Retail Property Sold for $2.4M
Apr 16, 2019 | Reprints | Unlock LinkA Hingham-based investor has paid $2.4 million for a 4,390-square-foot retail building in Hingham Square.
Randolph Contractor Completes 49-Unit Affordable Rental Project
Apr 16, 2019 | Reprints | Unlock LinkNEI General Contracting has completed construction of a multifamily project creating 49 income-restricted apartments in the Egleston Square section of Roxbury.
Focus on Market-Rate Housing Production Misses the Biggest Shortage
By Georgia Katsoulomitis | Special to Banker & Tradesman | Apr 14, 2019 | Reprints | Unlock LinkEfforts like Gov. Charlie Baker’s Housing Choice bill – which would amend state law to make it easier for local zoning boards to approve certain categories of housing – may assist in the creation of more market-rate housing in some communities. But it would not address the dire shortage of affordable housing units among the state’s poorest residents.
With Boston’s Boom, Finding Room to Grow
By Bram Berkowitz | Banker & Tradesman Staff | Apr 14, 2019 | Reprints | Unlock LinkKevin Trainor first got into property management by convincing his condominium’s board of trustees to let him take over management; what started to improve his living conditions turned into the first client of his new company: Bay State Property Management.
Can Apartments Be Both Smart and Secure?
By Steve Adams | Banker & Tradesman Staff | Apr 14, 2019 | Reprints | Unlock LinkNest thermostats, keyless entry locks and electric outlets compatible with Google Home and Alexa platforms have become standard bragging points for developers marketing units in new apartment complexes.
Banker & Tradesman’s Editorial Cartoon: Getting Honest About Smart Homes
By Peter Paul Payack | Banker & Tradesman Cartoonist | Apr 14, 2019 | Reprints | Unlock LinkNow that you know your landlord is spying on you, it’s not so bad, after all!
Student Housing Tower Would Include Performing Arts Center
By Steve Adams | Banker & Tradesman Staff | Apr 12, 2019 | Reprints | Unlock LinkA London developer’s proposed private academic housing tower in the Fenway recognizes the property’s history as the home to a series of gay nightclubs, with plans that include a 120-seat LGBTQ-centric “Boylston Black Box” performing arts center.
Life Science Landlord Invests in Startup Tenants
By Steve Adams | Banker & Tradesman Staff | Apr 12, 2019 | Reprints | Unlock LinkOne of the largest developers of life science space in Cambridge and the U.S., Alexandria Real Estate Equities, is investing directly in its tenants through its Alexandria Seed Capital Platform.
Springfield Medical Portfolio Sells for $30.2M
Apr 12, 2019 | Reprints | Unlock LinkA three-building Springfield medical office portfolio has changed hands for roughly $10 million per building.
WRA OKs Land Acquisition for WooSox Stadium
Apr 12, 2019 | Reprints | Unlock LinkThe Worcester Red Sox’s new home cleared a major hurdle Thursday when the Worcester Redevelopment Authority approved the city’s request to acquire the parcels.
Community Good Works
Apr 12, 2019 | Reprints | Unlock LinkMembers of the banking, insurance and construction industries helped charitable causes in their communities with substantial donations in recent weeks.
Big Investors Like Boston for the Long Haul
By Steve Adams | Banker & Tradesman Staff | Apr 11, 2019 | Reprints | Unlock LinkInstitutional investors rate Boston as the world’s second-most desirable place to increase their real estate holdings, according to a new survey.
Business Groups Form New Coalition to Push Transit Changes
Apr 11, 2019 | Reprints | Unlock LinkTwenty-four chambers of commerce and industry lobby groups from around Massachusetts are joining forces to heed House Speaker Robert DeLeo’s call for a unified voice from the business community on transportation matters.
Springfield Adds Diversity Goals, Labor Standards to Tax Break Requirements
Apr 11, 2019 | Reprints | Unlock LinkDevelopers looking for tax breaks from the city of Springfield will have to meet new requirements.
New Property Owner Signs Citizens Bank, Plans Upgrades In Medford
By Steve Adams | Banker & Tradesman Staff | Apr 10, 2019 | Reprints | Unlock LinkCitizens Bank is downsizing its office space north of Boston with the $31.7 million sale of a Medford property near the Orange Line while seeking tenants for the remaining 31,290 square feet.
While Boston Market Tightens, MetroWest Rents, Home Prices Still Affordable
By State House News Service | Apr 10, 2019 | Reprints | Unlock LinkCommunities west of Boston and near Interstate 495 continue to enjoy commercial rents and home prices well below averages in the metropolitan area despite steady population growth, according to a new report.
Developer Seeks Propane Fix For Condo Project Due to National Grid Lockout
Apr 10, 2019 | Reprints | Unlock LinkThe developer of a 112-unit condo project in Woburn is seeking permission to install temporary and permanent propane tanks while National Grid clears backlogs from its six-month labor dispute.
State Sees Surge in Female Construction Apprentices
Apr 10, 2019 | Reprints | Unlock LinkIn Massachusetts, the share of women in construction union apprenticeships is almost triple the national average of women in construction.
Suffolk University Names Building After Real Estate Figure
Apr 9, 2019 | Reprints | Unlock LinkSuffolk University is naming one of its newest buildings in honor of Leonard Samia, the real estate industry figure behind the school’s largest single alumni gift in its history.
