Commercial & Industrial
A Common Sense Approach to South Boston
The building of additional roads is not a realistic solution to our current and future transportation challenges in the Boston area.
Battle Brews Over Boston Tow Lot
Michelle Wu wants to make one thing clear: this won’t be a rerun of the Winthrop Square garage redevelopment saga.
The Power of Place
In the last decade, we have witnessed a transformation of the traditional office environment, the stereotypical employee and the nine-to-five work day.
Putnam’s Decision to Remain Downtown Was No Slam Dunk
Before committing to a new headquarters at 100 Federal St. in Boston, Putnam Investments cast a wide net in its real estate search.
AG Negotiates $11M Decrease in Rates for Columbia Gas Customers
Attorney General Maura Healey has negotiated an agreement with Bay State Gas Company, or better known as Columbia Gas of Massachusetts, to reduce the company’s proposed rate increase for its customers by more than $11 million.
Haverhill Apartment Complex Sells for $3.5M
The Highland Maple Apartments in Haverhill have sold for $3,525,000. The 39-unit complex was built in 1850 and consists of two three-story buildings.
UMass Taking Deeper Dive into South Coast ‘Blue Economy’
With newly-awarded federal funds, the University of Massachusetts Dartmouth plans to study the marine science and technology economy on the South Coast with a goal of marketing that area as a “blue economy corridor.”
Community Good Works
In this week’s Community Good Works, banks and credit unions help students in need by donating school supplies, backpacks and meals across the state.
JLL to Market Big South End Development
JLL Boston will recruit tenants for Boston-based developer Abbey Group, which is expected to break ground next year on a 1.6-million-square-foot office and lab complex on Albany Street in South End.
Seaport Rents Have Grown by 1.8 Percent Compared to Last Year
Boston’s Seaport neighborhood rents have grown 1.8 percent year over, according to Rent Café’s analysis of 130 markets and 15 million rents from Yardi Matrix.
New Ice Cream and Coffee Shop Opens in Cambridge
New City Microcreamery, an ice cream and coffee shop in Hudson, will expand to a second location in Central Square, Cambridge.
Georgetown Manufacturing Facility Sold for Over $4.3M
A manufacturing and office facility in Georgetown sold to Salisbury-based Cambridgeport, a division of Cox Engineering.
Rare Newbury Street Listing Nets $10M
A Back Bay retail and office building anchored by Stephanie Saunders Art Gallery has sold for $10 million in its first change of ownership in nearly half a century.
Herald Suburban Move Will Shave Real Estate Costs
Under its new ownership, the Boston Herald has slashed editorial and advertising staff, setting off a fresh round of concern about the effects of Denver-based Digital First Media’s cost-cutting priorities on the Boston media landscape.
Development Fellows Named in Four MA Cities
Redevelopment visions in Chelsea, Fitchburg, Lawrence and Worcester will be advanced with the aid of four point people introduced Tuesday by the state’s economic development agency.
National Development Gains Foothold in South Boston with ‘Gateway’ Parcels
National Development has acquired two of the largest parcels along South Boston’s Dorchester Avenue industrial corridor, an area being primed for redevelopment as office, lab and multifamily towers.
CBRE/New England Acquired by Parent
CBRE Group has acquired the joint venture partner that leads its New England operations, with seven offices employing more than 1,200 people.
Developer Opens Walking Museum in Seaport
Developer Skanska has completed construction of a walking museum between its 101 and 121 Seaport office towers including historical exhibits on the neighborhood’s marine industrial past.
Lynn Armory Sold to City Nonprofit
Gov. Charlie Baker and Lynn Mayor Thomas M. McGee signed a bill authorizing the sale of the Lynn Armory to a city nonprofit. The nonprofit Neighborhood Development Assoc. Inc. plans to renovate the historic building into a military veteran apartment complex.
Personnel File
In this week’s roundup, banks, law firms and construction firms promote and hire new talent.
Commercial and Industrial Top
