Commercial & Industrial
Hot Property: Exchange 200
By Steve Adams | Banker & Tradesman Staff | Aug 11, 2019 | Reprints | Unlock Link
A 300,000-square-foot mixed-use redevelopment including office, data, R&D and retail space has kicked off at 200 Exchange St. in Malden, thanks to a $61 million Deutsche Bank loan.
Three Cheers for Hospitals’ Housing Push
Aug 11, 2019 | ReprintsA new, multimillion-dollar initiative from three major city hospitals that sees affordable housing and eviction as public health issues has the potential to radically change Massachusetts’ housing conversation for the better. The commercial housing industry should get involved to make sure it has a seat at the table.
Boston Needs Ways to Live with Heat
By Manikka Bowman | Special to Banker & Tradesman | Aug 11, 2019 | Reprints | Unlock LinkClimate Ready Boston projects that by the year 2070 the temperature may reach 90 degrees Fahrenheit almost every day of the summer in eastern Massachusetts. The buildings and systems that we have created over the past 100 years were not designed to deal with such conditions.
Banker & Tradesman’s Editorial Cartoon: A Well-Tended Investment
By Peter Paul Payack | Banker & Tradesman Cartoonist | Aug 11, 2019 | Reprints | Unlock LinkIs that a money tree growing on the Millennium Tower’s penthouse terrace?
Apartment Construction Can’t Keep Up with Rents
By Steve Adams | Banker & Tradesman Staff | Aug 11, 2019 | ReprintsGreater Boston’s position as one of the priciest rental markets in the U.S. appears secure, even as developers add more than 5,000 new apartments to the local inventory this year.
The Condos Are Coming To Paul Revere Copperworks Site
By Steve Adams | Banker & Tradesman Staff | Aug 9, 2019 | Reprints | Unlock LinkPresales have begun at a 212-unit condominium development at the site of a former Canton copper foundry, where Paul Revere fabricated the original panels for the Massachusetts State House dome.
Baker Transit Study Draws Mixed Reaction from Experts
By State House News Service | Aug 9, 2019 | Reprints | Unlock LinkThe near-omnipresent congestion on Massachusetts roadways has now reached a “tipping point” where access to employment is strained and meeting statewide greenhouse gas emissions targets is growing more challenging, according to a new report from the Department of Transportation.
Downtown Worcester Luxury Building Fills Up
Aug 9, 2019 | Reprints | Unlock LinkLeasing at downtown Worcester’s first luxury apartment complex has stabilized and the large project has filled up.
Boston ZBA Chair Warns Marijuana Blow-Up Could Put Hold on Development
Aug 9, 2019 | Reprints | Unlock LinkA fight between the Boston City Council and Mayor Marty Walsh over appointments to the city’s Zoning Board of Appeals could threaten the city’s humming pace of development.
Community Good Works
Aug 9, 2019 | Reprints | Unlock LinkFrom hosting a construction play day to raising hundreds of thousands of dollars for cancer research, Massachusetts’ banking and real estate industry gave back to the community in a wide range of ways recently.
Wonderland Property Seeks Buyer for Redevelopment
By Steve Adams | Banker & Tradesman Staff | Aug 8, 2019 | Reprints | Unlock LinkRedevelopment of Revere’s former Wonderland greyhound racetrack property could be around the corner with the selection of a brokerage to market the 34-acre site.
Pfizer Spinoff Joins Cambridge Crossing Migration
By Steve Adams | Banker & Tradesman Staff | Aug 8, 2019 | Reprints | Unlock LinkA Pfizer spinoff has leased nearly 60,000 square feet at Cambridge Crossing, which has now leased 1.3 million square feet to office and lab tenants.
Would You Build Over an MBTA Bus Yard? Report Pushes Mixed-Use to Fund Key Investments
By State House News Service | Aug 8, 2019 | Reprints | Unlock LinkIf the MBTA wants to expand or electrify its bus fleet, which carries one in three of its riders and on which many have pinned their hopes for congestion-defeating transit improvements, it needs to come up with around $1 billion or more. Commercial real estate development could provide that cash, a new report suggests.
Alexandria Has Inside Track on Seattle Megablock
By Steve Adams | Banker & Tradesman Staff | Aug 8, 2019 | Reprints | Unlock LinkLife science developer Alexandria Real Estate Equities is on the verge of acquiring a prime site near Amazon’s Seattle headquarters for a tech campus.
MGM Sues Over Federal OK for Third CT Tribal Casino
By The Associated Press | Aug 8, 2019 | Reprints | Unlock LinkMGM Resorts filed a lawsuit Wednesday challenging the federal approval of a deal that would allow Connecticut’s two Indian tribes to open a third casino in the state, just across the state line from its newest facility.
Boston Hospitals Back Eviction Prevention with Multi-Million-Dollar Housing Initiative
By James Sanna | Aug 7, 2019 | Reprints | Unlock LinkThree major Boston hospitals announced a $3 million partnership Wednesday aimed at increasing housing stability among Greater Boston’s renters and urged the commercial housing industry to join their efforts.
Avison Young Names New England Lead
Aug 7, 2019 | Reprints | Unlock LinkAvison Young has appointed a former Cushman & Wakefield executive to head its New England operations.
Turner and Janey Construction Will Partner on Fidelity’s Seaport Project
By Steve Adams | Banker & Tradesman Staff | Aug 7, 2019 | Reprints | Unlock LinkTurner Construction and Boston-based Janey Construction Management will partner on redevelopment of Fidelity’s 750,000-square-foot Seaport World Trade Center.
Wynn Leaders ‘Taking Our Time’ on Developing Everett Properties
By James Sanna | Aug 7, 2019 | Reprints | Unlock LinkWynn Resorts may own over a dozen acres around its massive Encore Boston Harbor casino in Everett, but the company is going to be cautious about how it converts the sprawling apron of auto body shops, parking lots and a popular roast beef eatery into an entertainment district to compliment its core operations.
Deutsche Bank Lends $61M for Malden Spec Redevelopment
By Steve Adams | Banker & Tradesman Staff | Aug 6, 2019 | Reprints | Unlock LinkBerkeley Investments has begun a 300,000-square-foot speculative redevelopment in Malden Center, where it’s marketing space at the former bank data center to office and R&D tenants.
