Hines Pays $73M for Davis Companies’ Suburban Property
A Wilmington industrial park was acquired by Hines, the Houston-based real estate developer, for nearly $73 million following a speculative expansion project during The Davis Companies’ 4-year ownership period.
Signals, Big Bus Lanes Headline T’s 5-Year Investment Plan
MBTA overseers on Tuesday unanimously approved the latest five-year plan to invest in systemwide improvements, embracing a $9.8 billion roadmap that one watchdog group called a “nuts and bolts” approach.
Hometown Financial Group Buying Colonial Federal Savings Bank
North Shore Bank, part of Hometown Financial Group, will buy Quincy-based Colonial Federal Savings Bank in a $44 million deal.
Boston Planning Chief Has More Questions for Developer
A housing developer won a recent legal victory over a lengthy review of a 204-unit apartment complex in Hyde Park, but the Boston Planning & Development Agency has more questions.
Mass. Home Sales Continue to Flatten Out Despite Rising Inventory
Single-family home sales in Massachusetts continued to flatten out in April even as inventory of unsold homes continues to grow modestly.
Big Lenders Look for Growth in Underbanked Areas
TD Bank’s newest Massachusetts branch is a window into how the lender – and its next-door rival – believes it can add new customers by opening physical locations in historically underbanked areas.
Is This the Best Development Site in Massachusetts?
National Development’s 75 Reed Road property represents a rare opportunity amid growing demand for big development sites serving emerging industries, particularly data centers for applications like AI.
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