Two Biotechs Lease Half of Big Watertown Development
A speculative life science development completed in June landed its first two leases committing to more than half of the 225,000-square-foot building outside Watertown Square.
Leominster Credit Union Changes Name
“We decided to change our name to better represent our mission, vision, and the diverse communities we serve. This change marks our commitment to innovation, growth, and inclusion,” the credit union wrote on its website.
Medford Square Parcels Offered to Housing Developers
City-owned properties near Medford City Hall will be offered to private developers for multifamily housing as officials seek to activate asphalt-covered parcels in the downtown area.
Boston Not a Top Market for Real Estate Investors
While New England was represented in a recent report from Realtor.com regarding the top markets for real estate investors, Boston failed to crack the top 20.
BioMed Buys Kendall Square Accelerator HQ for $361M
The home of a “tough tech” accelerator and venture fund in Cambridge’s Kendall Square was acquired by life science developer BioMed Realty.
While Pending Sales Plateau Nationwide, Boston Sees Uptick
Pending home sales plateaued for the first time since January but in Greater Boston, they increased at one of the highest rates in the country.
Councilor Wants Condo Construction to Come First in Boston ‘Accelerator Fund’
Boston city councilors debated a proposal Tuesday that would give developers of home ownership condominiums priority in receiving city funding designed to break the logjam of stalled developments.
Hotel-Condo Tower Anchors Chestnut Hill Development Proposal
City Realty Group unveiled plans to redevelop a Brookline office park as a 1.2 million-square-foot development including a 20-story hotel-condominium tower, medical offices and senior housing.
Boston Starter Home Prices Tick Upward
While starter homes across the nation are getting more affordable, the same can not be said for those in Greater Boston.
DCU to Merge with Bay Area Credit Union
The new entity will emerge as a $28.7 billion credit union serving nearly two million members with more than 50 branches in eight states.
160-Unit MBTA Communities Development Breaks Ground in Westwood
The project, funded by Dedham Savings and South Shore Bank, is Westwood’s first project to be submitted to the state for certification under a housing production plan designed to comply with the MBTA Communities law.
Criterion Sells JP Apartments for $102.5M
A subsidiary of TIAA has paid $102.5 million for a 250-unit Jamaica Plain apartment complex completed in 2022.
Tufts Partners with Capstone on School’s Biggest Dorm Project
Tufts University and Capstone Development Partners unveiled plans for the school’s largest-ever dormitory project, a 667-bed development across from the MBTA’s Medford/Tufts station.
Boston Proposes ‘Early No’ for Flawed Developments
Development proposals with serious flaws would receive early notification from Boston officials under proposed changes to the Article 80 zoning code.
Affordability and Housing Remain Top of Mind for Mass. Biz Outlook
At the Associated Industries of Massachusetts’ annual outlook event surveying the future of the Massachusetts economy, housing affordability and production were top of mind.
Boston Bucks Trend As Homes Continue to Get Snatched Up
While a recent report from Redfin shows that 48 percent of homes for sale in August were on the market for at least 60 days, the Boston market remains one of the most competitive in the country.
Berkeley’s Malden Center Project Gets Major Cleantech Lease
Berkeley Investments’ revamp of one of Malden Center’s highest-profile commercial properties landed an anchor tenant in a Woburn cleantech company.
Saucony Leases Offices at The Hub on Causeway
Another athletic shoe manufacturer is establishing an office footprint in the North Station area, leasing space at The Hub on Causeway tower.
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.
Citizens Adds MGM Music Hall to Roll of Sponsored Venues
The bank now sponsors six major entertainment venues across Boston, including the House of Blues and the Paradise Rock Club.
This Week’s Newspaper
