NU Buys Converted Lab Building at Big Discount
A suburban lab conversion was acquired by Northeastern University for $33 million, just three years after a local developer sold it for $103 million to an institutional investor.
Suffolk in Financial Dispute Over Southie Power Plant Demolition
A subcontractor that performed asbestos removal work during demolition of the former Boston Edison power plant is seeking financial damages from construction giant Suffolk.
One Congress Refinanced for $650M
Boston’s One Congress office tower received $650 million in refinancing from Bank of America and Wells Fargo.
BPDA Approves 155 Apartments in Vacant Offices
Boston planning officials approved a new hybrid industrial development in Newmarket and office-to-residential conversions in the downtown and North End neighborhoods.
Apartments Approved at South Shore Plaza, with Benefits
Braintree OK’d a 325-unit apartment complex following a fight pitting warnings of “overdevelopment” against the need for housing production.
Tesla-Leased Property Trades for $26M in Walpole
A recently repositioned industrial property leased to credit tenants including Tesla, Home Depot and Goodyear traded for $26 million.
Developer Proposes Condos Near Gillette Campus
A South Boston developer submitted plans for a condominium project replacing an office building near the Gillette campus.
Another Big Office Landlord Tests Sales Climate
Blackstone’s office real estate arm is testing the investment sales climate in Boston with plans to sell a Back Bay multitenant building after an 11-year ownership period.
Medford Square is Getting a Grocery Store and 283 Apartments
A Boston real estate firm’s proposal is the top pick to develop municipal parking lots near Medford City Hall with a pair of buildings including 283 apartments and a grocery store.
Battery Manufacturer Drops Devens HQ Plans
A lithium ion battery manufacturer halted plans for a new 101,000 square-foot world headquarters and tech center at the Devens business park.
Bain Capital Arm Plans Multi-Tenant Biomanufacturing Conversion
A new real estate platform by Bain Capital Real Estate that specializes in biomanufacturing projects acquired a Bedford property for $26.35 million as its first investment.
Charter Realty Hires WS Development Exec
A top leasing executive for WS Development is joining Charter Realty, a retail real estate brokerage that represents national chains and landlords across the U.S.
Allston Labworks Adding Bagel Cafe This Summer
A bakery cafe offering a new spin on bagels will open this summer after signing the second lease at King Street Properties’ Allston Labworks development.
Housing Replaces Offices in Northland Project
Northland Investment Corp. received approval to add housing and drop office space from its Newton Upper Falls development project.
Lupoli, Healey Kick Off 2M SF Littleton Project
Groundbreakings of large-scale developments are becoming infrequent in Massachusetts, and one that took place in Littleton illustrated the growing list of hurdles.
Development Sets Tone for Somerville’s ‘Assembly Point’
A multifamily housing project recently approved by Somerville officials could be a harbinger of future development patterns in an emerging section of Assembly Square.
New Owners Take Over Management of One Lincoln
The new owners of Boston’s One Lincoln office tower are seeking to accomplish what prior owner Fortis Property Group could not: attract tenants to fill the void left behind by the departure of State Street Corp. and downsizing by WeWork.
Boston Awards $38M in CPA Grants for Housing
Seven affordable housing projects in Boston will receive Community Preservation Act grants to help them complete their financing packages.
Alexandria Expects Tariff Hit on Construction Costs
Alexandria Real Estate Equities is bracing for a double-digit increase in costs on its current development pipeline related to the Trump administration’s tariff policies and inflation.
Brick-and-Beam Offices Trade for $48M in Fort Point
Local developers acquired a Fort Point office building that’s attracted tech offices and a popular barbecue restaurant in recent years for nearly $48 million.
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