Nantucket Rejects New Short-Term Rental Limits
In the latest skirmish over the future of vacation rentals on Nantucket, voters rejected four new proposals designed to regulate the market.
Foundation Buys West Newton Cinema for $5.6M
Following its receipt of two major donations, the West Newton Cinema Foundation completed its acquisition of the Garden City’s only independent movie theater for $5.6 million.
Hasbro Scouting Boston for New HQ
Massachusetts is in the running to attract the headquarters of a well-known consumer brand from a neighboring state with the potential relocation of toy and game maker Hasbro from Rhode Island.
City Hall: Zoning Chair Was Holdover Replaced, Not Sacked
The Boston Zoning Commission Chair was removed by Mayor Michelle Wu just a month after the board failed to approve new regulations discouraging the use of fossil fuel building systems in new developments.
New Faneuil Hall Operator Pressed for Changes
Behind the scenes at one of Boson’s most recognizable landmarks, city officials are pressing J. Safra Real Estate to address a range of long-term sore points and complaints from a civil rights group.
Hot Property: 200 State St.
Carr Properties recently completed a building renovation program at this office tower overlooking Quincy Market and the Rose Kennedy Greenway, resulting in leases and renewals that brought it to 94 percent occupancy.
A Development Pipeline Grows North of Boston
Morgan Pierson is taking his 20 years of experience in commercial real estate to the north suburban market in his new role at Lupoli Cos. as senior vice president of real estate and development.
Arsenal Yards Developer Wants More Lab Space
Despite the region’s historic lab vacancy rate, Boylston Properties is planning a new 175,000-square-foot life science building next to its Arsenal Yards property in Watertown.
BPDA Board Approves Southie Apartments, Two Office Conversions
In Chief of Planning Arthur Jemison’s final meeting, the Boston Planning and Development Agency board approved a $110 million apartment complex in South Boston and office-to-residential conversions in the Bulfinch Triangle and South End.
Neponset Wharf Development Bankruptcy Case Dismissed
A federal judge dismissed the bankruptcy case for a $90 million development on the Dorchester waterfront, clearing the way for a foreclosure auction next month.
CIM Group Lists South End Offices Eyed for Conversion
The owner of property highlighted by Gov. Maura Healey as model for office-to-residential conversions in Boston has placed the South End property on the market.
In Sign of Lab Market Woes, Drinks Startup Moves to Ex-Sasaki HQ
A probiotic soda company led by the co-founder of Nantucket Nectars is establishing a new headquarters in the former Sasaki architects building in Watertown.
‘Lite Brite’ Energy Storage Proposed in Brighton
Anticipated future demand for renewable energy storage prompted a proposal for an industrial property’s redevelopment near the Massachusetts Turnpike in Brighton.
Crosspoint Buys Porter Square Galleria for $20.1M
Newton-based Crosspoint Associates acquired the Porter Square Galleria for $20.1 million for its second retail property purchase in Cambridge.
Former Goulston & Storrs Offices Sold for $30M
A vacant Boston office building that was formerly occupied by law firm Goulston & Storrs was acquired for $30 million, a 40 percent discount from its last sale in 2014.
$150M Refinances Redgate’s Bedford Office-to-Lab Conversion
Owners of a successful office-to-life science conversion in Bedford received $150 million in refinancing for the 288,000-square-foot complex from Apollo Global Management.
Headwinds Delay Suffolk Downs Groundbreakings
The first building in the Suffolk Downs redevelopment is nearing completion, but the once-in-a-lifetime opportunity Revere officials saw is taking longer to materialize than first hoped.
Hot Property: New Bedford Fishing Heritage Center
A new art installation will be unveiled Sept. 12 at a New Bedford property that chronicles the history of the city’s fishing industry.
Boston Trails Competitors in AI Real Estate Growth Prospects
Greater Boston lags many large U.S. metros in capturing new tech industry growth, according to a new brokerage analysis.
North Shore Craft Brewery Signs onto Suffolk Downs
The first retail tenant at the Suffolk Downs redevelopment is a North Shore brewery that will occupy ground-floor space in the new Amaya apartment building nearing completion across from the MBTA’s Beachmont station.
