Commercial & Industrial
Hot Property: Pappas Commerce Center
By Steve Adams | Banker & Tradesman Staff | Feb 10, 2019 | Reprints | Unlock Link
The two-story, 150,000-square-foot Pappas Commerce Center was recently renovated to provide office, flex and lab space with 75,000-square-foot floor plates, 15-foot ceilings and floor-to-ceiling windows with harbor and skyline views.
Laboratory Land Use Expanding Beyond Cambridge
By Matthew Pullen | Banker & Tradesman Staff | Feb 10, 2019 | Reprints | Unlock LinkGreater Boston’s life science hub has outgrown its birthplace in Kendall Square/East Cambridge. Today, the area boasts a 0 percent direct vacancy rate for Class A laboratory space and rental rates approaching $100 per square foot, triple net.
Lender Forecloses on Union Point Development Sites
By Steve Adams | Banker & Tradesman Staff | Feb 8, 2019 | Reprints | Unlock LinkA Boston-based lender foreclosed on 115 acres of developable residential parcels at Union Point in Weymouth, in the latest setback for master developer LStar Communities.
Architect Says Boston City Hall Yet to Fulfill Its Potential
By Steve Adams | Banker & Tradesman Staff | Feb 8, 2019 | ReprintsParty balloons and a jazz ensemble livened up the City Hall lobby for a birthday party marking the half-century mark for one of Boston’s most polarizing architectural statements.
Community Good Works
Feb 8, 2019 | Reprints | Unlock LinkMembers of the banking and real estate industries gave back to their communities in several ways this week.
South Boston Industrial Property Sells for $32.5M
Feb 7, 2019 | Reprints | Unlock LinkA South Boston industrial warehouse and manufacturing building near the Boston Convention and Exhibition Center has sold for $32.5 million.
Greenway Garage Redeveloper Adds More Housing
By Steve Adams | Banker & Tradesman Staff | Feb 7, 2019 | Reprints | Unlock LinkA developer has agreed to reduce the height of a luxury housing development next to Boston’s Faneuil Hall Marketplace in response to neighborhood concerns about shadows on the Rose Fitzgerald Kennedy Greenway.
Mass. Brewery Buys Conn. Farm in Major Expansion
Feb 7, 2019 | Reprints | Unlock LinkCharlton-based Tree House Brewing Co. has purchased a Woodstock, Connecticut farm as part of a major expansion of the brewery’s operations.
Public Asked to Weigh in on Future of Commuter Rail
By State House News Service | Feb 7, 2019 | Reprints | Unlock LinkState transportation officials launched an online survey Wednesday to solicit public feedback as they weigh long-term changes to the Commuter Rail.
EMD Serono Set for $70M Billerica Expansion
By Steve Adams | Banker & Tradesman Staff | Feb 6, 2019 | Reprints | Unlock LinkEMD Serono will expand its Billerica research and development complex with a new $70 million, 145,000-square-foot office and lab complex scheduled to open in 2021.
Beacon Communities Names New CEO
Feb 6, 2019 | Reprints | Unlock LinkOne of Massachusetts’ leading affordable housing developers has named a new CEO.
NEI General Contracting Completes Transit-Oriented Development
Feb 6, 2019 | Reprints | Unlock LinkNEI General Contracting has completed construction of a 67-unit transit-oriented apartment complex in downtown Beverly.
Cambridge Reclaims Top Lab Spot With $438M Deal
By Steve Adams | Banker & Tradesman Staff | Feb 5, 2019 | Reprints | Unlock LinkCambridge has reclaimed the mantle of highest price ever paid for lab space in Greater Boston, with an investor paying $1,880 per square foot for a stake in a 3-year-old Kendall Square development.
Second Hotel Added to Financial District Project
By Steve Adams | Banker & Tradesman Staff | Feb 5, 2019 | Reprints | Unlock LinkA Boston developer that acquired two Financial District buildings and their development rights last year is proposing a switch from high-end housing to a hotel.
Dot Block to Add 96 Microunits Under New Plan
Feb 5, 2019 | Reprints | Unlock LinkDevelopers behind Boston’s big Dot Block development have formally notified the Boston Planning and Development Authority of changes they plan to make to their proposed project, including the addition of almost 100 microhousing units under the city’s “compact unit” pilot program.
MBTA’s Red-Blue Connection Takes Key Step Forward, But Funding Not Yet Found
By State House News Service | Feb 5, 2019 | Reprints | Unlock LinkTransportation Secretary Stephanie Pollack announced Monday the agency’s long-term plan for projects to be completed by 2040 would include a subway extension connecting the lines, not a walking path.
Seven Developers Pitch South Boston Lab Projects
By Steve Adams | Banker & Tradesman Staff | Feb 4, 2019 | Reprints | Unlock LinkSeven developers are in competition to expand a South Boston ship repair facility with office and lab space for the waterfront’s growing life science and robotics cluster.
Boston Construction Jobs Grow by 6.46 Percent
Feb 4, 2019 | Reprints | Unlock LinkAmid numbers that show growth in the construction industry nationwide in January, new data shows that Boston-area construction employment grew by 7,400 jobs from December 2017 to December 2018.
Alewife Lab Building Signs Another Life Science Tenant
By Steve Adams | Banker & Tradesman Staff | Feb 4, 2019 | Reprints | Unlock LinkA speculative lab project at 35 Cambridgepark Drive has leased 52,859 square feet to a Cambridge-based life science firm.
Blue Hill Bank Pavilion Is Now the Rockland Trust Bank Pavilion
By Bram Berkowitz | Banker & Tradesman Staff | Feb 4, 2019 | Reprints | Unlock LinkThe popular outdoor pavilion that has hosted some of Boston’s biggest concerts has a new name, courtesy of its new owner.
