Arrowpoint Properties Adds Lawrence Complex in $30M Trade
Arrowpoint Properties expanded its portfolio in the city with Greater Boston’s fastest growing apartment rents, acquiring a 17-year-old rental complex in Lawrence.
Two Resi Towers Proposed Under Boston Skyline Zoning
The first development proposals under Boston’s new Skyline zoning include a pair of apartment towers totaling 918 units in Downtown Crossing.
Luxury Buildings Add Signature Fragrances as Differentiators
From hotels to offices, landlords want their buildings to smell unique and alluring. Some have even spun up merchandise lines to promote their bespoke scents.
Rebutting Anti-Housing Narratives with Data
After playing a key role authoring the 2024 Massachusetts’ Affordable Homes Act, Eric Shupin is returning to an advocacy role as CEO of CHAPA.
Cementing Sales Through Celebrity Connections
Michael Carucci has $160 million worth of residential real estate listings queued up to sell in his new role with Serhant, the New York City luxury brokerage made famous by Netflix that’s expanding in Boston.
Hot Property: Hilton Boston Back Bay
A multi-million-dollar renovation has updated the 401-room Hilton Boston Back Bay hotel’s meeting and event venues and expanded its fitness center to prioritize wellness.
TCB Completes First Phase of BHA Redevelopment
A partnership between the Boston Housing Authority and The Community Builders added 223 housing units and a new community center in Jamaica Plain.
Northeastern Buys Private Dorm Tower for $169M
Northeastern University acquired Boston’s first privately-built student residence hall from a Dallas-based developer for nearly $169 million.
Residential Conversions Proposed in Leather District, South End
A downturn in demand for an English language school’s program in Boston’s Leather District catalyzed a potential conversion into housing. Two developers submitted applications this week to the Boston Planning Department to participate in the program, totaling 68 units.
Boston Dynamics Leases 320K SF in Waltham
After receiving $25 million in incentives from the Healey administration to create 1,250 new jobs, Boston Dynamics signed a 323,000-square-foot lease at BXP’s Reservoir Place property in Waltham.
Harvard and Allston Find Common Ground at New ERC
A legacy of distrust gave way to optimism about the birth of a new life science industry cluster at the ceremonial opening of Harvard University’s Enterprise Research Campus in Allston.
Hudson Group JV Buys ‘Quiet Cornerstone’ of Financial District
The latest partnership between the developers who bought the former Barnes & Noble property in Downtown Crossing is the acquisition of a 151,163-square-foot office building in the Financial District.
SJC Tosses Out Rent Control Question
Statewide rent control won’t be decided at the ballot in November following a Supreme Judicial Court ruling striking down the language submitted by supporters as unconstitutional.
Innovation Park Gets 128K SF Lease in Andover
A Watertown-based biotech company leased 128,000 square feet for its new headquarters at Innovation Park, IQHQ’s 340,000-square-foot campus that offers turnkey biomanufacturing space in Andover.
Berkeley Investments Teams Up with German Investor
Berkeley Investments will capitalize future acquisitions and developments through a joint venture with a deep-pocketed German investor.
Lenders Call the Shots at Recent Lab Developments
Following an ill-timed development boom, nearly half of the recent lab projects in Greater Boston are now controlled by lenders, according to industry research.
Rent Control Debate Trips Up Sales and Development
As lawmakers and real estate industry groups discuss a potential compromise over statewide rent control, the high-stakes political debate already has left its mark on Massachusetts’ apartment sector.
Hot Property: Province Post
Delphi Construction completed the Province Post project, which redeveloped a former VFW Post property into a mixed-income housing community.
Housing Gets OK to Start Power Plant Redevelopment
Redevelopment of the former Boston Edison power plant property in South Boston is expected to begin with residential buildings, in a change reflecting weak demand for commercial space.
Vacant Cambridge Buildings Eyed for Housing Redevelopment
Vacant commercial buildings in Cambridge Highlands have been acquired by a nonprofit housing developer that plans to propose a 100-percent affordable project.
