Davis Cos. Spec Project Lands Full-Building Tenant
The first phase of a speculative industrial development by The Davis Cos. in Wilmington landed a full building lease from a medical device company.
Dorchester Waterfront Development Heads to Auction
A Dorchester waterfront property approved for a $90 million redevelopment that’s embroiled in a legal dispute will be put up for auction.
Bulfinch Triangle Offices Sold for Potential Residential Conversion
The new owner of a Bulfinch Triangle office building is considering options including a residential conversion after acquiring it for a 63 percent discount from its previous sale in 2018.
Burlington Officials Wary of MBTA Communities Resistance
Wary of a backlash at an upcoming town meeting, Burlington officials approved a plan to comply with the MBTA Communities law by rezoning four areas for multifamily development that already include large housing complexes.
BXP Completes Partial Sale of AstraZeneca Research Center
Boston Properties completed its partial sale of a Kendall Square life science project that values the two-building development at over $2,000 per square foot.
A Backlash in Barnstable
Zoning changes designed to revitalize downtown Hyannis got immediate traction from developers proposing multifamily housing. But a leadership change on the Barnstable Town Council is driving fears of a rollback.
Hot Property: 30 Dan Road
A former call center in Canton has been redeveloped as 135,600 square feet of GMP/advanced manufacturing space.
Fenway Team Competes in a Crowded Field
On the front lines in the housing affordability battle, Suneeth John leads the Fenway CDC’s real estate team in identifying promising sites and finding financing sources to acquire and develop them.
Synergy Investments Buys Boston Office Building for Mortgage Debt
A Boston office building that traded for nearly $156 million weeks before the COVID shutdown in 2020 was acquired by Boston-based Synergy Investments in exchange for the assumption of $76.5 million in mortgage debt.
New Brighton Project Demonstrates Housing Production Model
As Boston seeks to stimulate housing production on publicly-owned properties, a newly-completed project in Brighton could become a model for forming partnerships with private developers.
Wu: Still No Kraft Group Outreach on Everett Stadium
The MBTA’s plans for a Silver Line extension running past the proposed New England Revolution stadium site in Everett hasn’t diminished Boston Mayor Michelle Wu’s concerns about the project’s potential burdens.
First Tenants at Lyrik Back Bay Include EV Showroom
Electric vehicle manufacturer Rivian will open a showroom at the Samuels & Assoc. air rights development anchored by the new Lego Group and CarGurus headquarters on the western edge of Back Bay.
FoxRock’s Newest Quincy Development Opens to Residents
The developer of more than 600 apartments in Quincy Center is marketing its newest units in a newly-expanded former Masonic Temple.
Some Suburbs Roll Out YIMBY Welcome Mats
Leaders in Watertown, Needham and elsewhere are looking to go above and beyond the call of the MBTA Communities law even as those in other towns are making headlines with their resistance.
Hot Property: Seaport East at Commonwealth Pier
A winter garden reopened this month at Seaport East following a nearly year-long capital improvement project designed to refresh the 223,000-square-foot office tower’s common area amenities.
BPDA Approves 23-Story NU Dorm, 1.4M SF of Labs
A new Northeastern University dorm tower in Roxbury and lab developments in Charlestown and South End received approval from Boston Planning & Development Agency directors.
BPDA Backs Wu’s Neighborhood Rezoning Push
Boston Planning & Development Agency directors gave cautious support for Mayor Michelle Wu’s rezoning plan designed to encourage mid-rise housing construction near transit stops in 18 neighborhoods.
Avison Young Agrees to Appoint New Board, Restructures Debt
Avison Young completed a debt restructuring deal after defaulting on payments in the second half of 2023 and agreed to appoint a new board of directors.
Alexandria Sells Southie Lab Site to Marketing Agency for a Loss
A site once proposed for lab space was acquired by a Boston-based marketing agency as Alexandria Real Estate Equities scaled back its appetite for development.
Report Spotlights Untapped Opportunity for Western Mass. Real Estate
Emerging industry clusters such as agriculture research and clean energy provide an opportunity to pull western Massachusetts out of the economic doldrums, according to a report that asks state leaders to commit $500 million toward the Pioneer Valley region.
