BofA Boston Executive Named Chair of Greater Boston Chamber of Commerce
Bank of America’s Massachusetts President Miceal Chamberlain has been named the new chair of the board of directors for the Greater Boston Chamber of Commerce.
Red Sox Lease 100K SF at Samuels’ Fenway Tower
The Boston Red Sox are expanding their real estate footprint in the Fenway with a major lease at an office building developed by Boston-based Samuels & Associates.
$216K Now Needed to Afford Median Boston Home
A hopeful homebuyer will need to make $216,995 to afford a median-priced home in Greater Boston, according to new data from Redfin.
Retail Development Approved on Route 9 in Shrewsbury
A 25-acre former soda bottling plant in Shrewsbury would be redeveloped as retail pads and an apartment complex under proposals under review by state and local officials.
Beacon Bank Deals With Four Loans in Second Quarter
Boston-based Beacon Bank dealt with four troubled loans as it sought to improve its asset quality last quarter, the bank announced Wednesday.
Synergy JV Buys Downtown Office Tower
Boston-based developer Synergy’s $116 million purchase could be the first in a series of acquisitions with a new financial partner.
Theater District Tower Trades for $234M
With the possibility of rent control in Massachusetts sidelined for the immediate future, a Boston apartment high-rise sold for $234 million to a Miami-based investor.
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.
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.
Boston Home Sellers Stay Firm On Concessions
Boston home sellers are reluctant to make concessions compared to the rest of the nation.
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.
Former GFA FCU CFO Headed to NY Credit Union
Channing Harwood is joining New York-based Sunmark Credit Union as the institution’s new chief financial officer.
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.
Personnel File No. 447
From new VPs to fresh project managers, see who’s been hired, promoted and honored, it’s our weekly Personnel File roundup.
Mass. AG Secures $7M Settlement For Renters
Massachusetts Attorney General Andrea Joy Campbell has reached a $7 million settlement with LivCor over its rent pricing.
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.
Woburn Industrial Property Sold to NYC Investor
A New York City-based real estate investor acquired a Woburn property as part of its strategy of seeking small-bay buildings in supply-constrained markets.
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