Commercial & Industrial
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.
Greater 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.
A 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.
Party 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.
Members of the banking and real estate industries gave back to their communities in several ways this week.
A South Boston industrial warehouse and manufacturing building near the Boston Convention and Exhibition Center has sold for $32.5 million.
A 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.
Charlton-based Tree House Brewing Co. has purchased a Woodstock, Connecticut farm as part of a major expansion of the brewery’s operations.
State transportation officials launched an online survey Wednesday to solicit public feedback as they weigh long-term changes to the Commuter Rail.
EMD 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.
One of Massachusetts’ leading affordable housing developers has named a new CEO.
NEI General Contracting has completed construction of a 67-unit transit-oriented apartment complex in downtown Beverly.
Cambridge 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.
A 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.
Developers 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.
Transportation 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 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.
Amid 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.
A speculative lab project at 35 Cambridgepark Drive has leased 52,859 square feet to a Cambridge-based life science firm.
The popular outdoor pavilion that has hosted some of Boston’s biggest concerts has a new name, courtesy of its new owner.