Developer Submits 491-Unit Apartment Plan in Worcester
A Holden housing developer submitted initial plans for 491 apartments on a Worcester property that it acquired in 2023.
Porter Square Parcels Eyed for Housing Development
A $10.5 million real estate deal with Lesley University creates an opportunity for a major affordable housing development in Cambridge’s Porter Square.
90-Unit Conversion Proposed in Downtown Crossing
An 11-story office building in Downtown Crossing would be reborn as rental housing under plans submitted by a developer active in Boston’s residential conversion program.
Woburn Plaza Sold to Boston Developer for $11.2M
The Woburn Plaza at 299 Mashawum Road totals nearly 32,000 square feet and includes tenants West Marine, Eastern Bank and Mattress Firm.
Best Practices for Keeping Heads in Beds
Big data, AI, attracting and retaining apartment tenants in a temporarily saturated high-end market – it’s all in a day’s work for Peabody Properties’ vice president of operations, Adam Kenney.
Industrial Developers Hit the Brakes as Vacancies Rise
After a scramble for far-flung sites suitable for massive distribution centers, developers are adopting a defensive strategy as many of the latest generation of projects sit vacant.
Express Lane Acquisitions Fuel Shopping Center Owner’s Growth
As a vice president at RK Centers, Ken Fries orchestrated recent deals including the $26.3 million acquisition of the Stop & Shop-anchored 99 Charles St. in Malden.
Hot Property: Farokhzad Mathematics Center
Milton Academy’s former Cox Library has a new incarnation as the home of a new learning center enhancing STEM instruction.
New MassDevelopment CEO Is Ex-Mintz Attorney
MassDevelopment named former Department of Revenue Commissioner Najeet Bal to succeed Dan Rivera at the helm of the state’s economic development financing agency.
Zoning OK’d for Housing at South Shore Plaza
Braintree Town Councilors approved a new zoning district for the South Shore Plaza property that gives developer ZOM Living the ability to pursue its proposed $140-million apartment complex.
As Labs, Offices Struggle, Massport Open to Renegotiating Ground Leases
Massport is sounding out landlords who ground-lease its properties about modifying terms, reflecting the difficult commercial real estate climate in Boston.
Duxbury Rejects MBTA Communities Zoning
Duxbury voters resoundingly rejected a multifamily rezoning proposal after state officials said it failed to comply with the MBTA Communities law.
Auction Scheduled for Condemned Revere High-Rises
An affiliate of Boston-based The Davis Companies scheduled a foreclosure auction after acquiring the mortgage on three Revere residential high-rises that were condemned in August.
Allston Developer Wants to Begin Housing First
Berkeley Investments’ redevelopment plan for the long-dormant 176 Lincoln St. site in Allston is shifting to reflect the difficult financing conditions that continue to plague commercial projects.
Allston Development Gets $58M Financing After Fast Lease-Up
An Allston co-living project that’s 97 percent leased just 10 months after tenants started moving into its shared living spaces obtained $58 million in permanent financing.
Alperin, Bialecki Remembered for Lasting Impact on Boston Real Estate Industry
Tributes are pouring in for Thomas Alperin and Gregory Bialecki as executives who did much to shape Greater Boston development in recent decades. Both died Thursday.
ZoomInfo Restructures Lease, Relocates in Waltham
ZoomInfo will relocate its Greater Boston offices to another property within Hobbs Brook Real Estate’s suburban portfolio after restructuring its office lease.
Hot Property: NOBLE HQ
Defense contractor NOBLE’s new headquarters in Boston’s Seaport District boosted in-person employee attendance and is designed to improve recruitment and retention.
Somerville Climate-Capture Strategy Hits Bumps
Somerville officials and one of its key commercial landlords wanted to stem the exodus of clean energy startups with a big, new development. But the presidential election and market realities are threatening that vision.
A Century of Arguing Property Rights in the Courts
Eminent domain disputes in Boston, Somerville and Nahant in the headlines all have a common thread: Attorney George McLaughlin III represents the owners fighting government takings.
