Financing Package Pays for Updates to Springfield Housing
A financing package provided by federal, state and local sources will preserve 45 units of affordable housing and renovate a Springfield property.
A Potential Global Distinction for BU’s ‘Jenga Building’
Boston University’s Center for Computing and Data Sciences is one of 250 buildings nominated for building of the year in the higher education and research category at the World Architecture Festival.
Robotics Company’s HQ Breaking Ground in Wilmington
The Metro North corridor’s robotics cluster is expanding with groundbreaking today of a new 200,000-square-foot headquarters.
Commercial Wharf Owner Indicted for Insider Trading on Boston Biotechs
A British billionaire who owns properties on Commercial Wharf in the North End shared insider stock tips about two Boston biotechs with his private pilots and acquaintances, helping them make millions in illegal gains, according to federal prosecutors.
Rhino Capital Buys Andover Campus for $58M
Boston-based Rhino Capital Advisors paid $58 million to acquire an Andover campus leased to defense contractor Mercury Systems and medical equipment supplier Dräger.
VC Funding Rebound Favors Mass. Biotechs
Venture capital investment in Greater Boston’s life science industry rose to its highest level in more than a year, as local companies scored six of the 10 largest deals nationwide during the second quarter.
Alexandria Shifts to Sell Strategy for Non-Core Properties
The nation’s largest life science development firm continues to sell off non-core assets amid a downturn in demand for lab space.
Agawam’s Rosewood Way Gets MassHousing Financing
A Springfield-based nonprofit will develop 62 affordable apartments and a community building in Agawam after obtaining financing from state and federal sources including MassHousing.
Boston Developer Buys Second Property in Wells Park
The new owner of a Newton office building completed a lease raising its occupancy rate to 84 percent even before closing on its $4 million acquisition of the property.
John Hancock Sells Medford Apartments for $103.5M
A California multifamily real estate investor acquired a 222-unit Medford apartment complex for $103.5 million from John Hancock Life Insurance.
Hanover Co. Gets $81M Construction Loan for Stoneham Development
An apartment development site near Interstate 93 in Stoneham was sold to The Hanover Co., which received $81 million in construction financing from U.S. Bank.
Massport to Offer Fast-Tracked Development Parcel in Marine Park
Massport will offer a portion of its marine terminal property in South Boston for development after receiving unsolicited interest in the site.
Roxbury Mosque Redevelopment Includes Affordable Housing
Redevelopment of a Roxbury mosque would create 38 income-restricted apartments and expand the capacity of a local food pantry and education programs.
Allston Developer Seeks to Drops Condos, Deepen Affordability
After unsuccessfully attempting to secure financing...
Industrial Deals Dropped 26 Percent in Q2
Industrial leasing activity dropped 26 percent during the second quarter, confirming softening in the once-overheated Greater Boston market.
BPDA Board Backs Increase in Affordable Housing Requirements
Boston Mayor Michelle Wu’s proposed increase in...
BPDA Approves Big Development Surrounding Fenway Park
A development project including lab buildings that could bring thousands of biotech workers to the Fenway got the green light from Boston Planning & Development Agency directors along with a Back Bay hotel tower and an Allston apartment tower.
Devens Developer in Negotiations With Third Tenant at Pathways Campus
A Westborough company that landed a $1 billion contract in June to supply the electric vehicle market is eyeing the Devens business park for expansion.
Devens Developer Puts Out Call for Taproom Operator
King Street Properties is putting out the call to craft brewers interested in adding a signature amenity to its Pathways campus at Devens.
Boston Office Vacancies Crept Higher in Q2
As Boston prepares to offer incentives for office-to-residential conversions, a new report confirmed still-rising vacancies in the city’s office stock.
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