Mayor Vetoes BXP Rezoning, Citing ‘No TOD Benefit’
BXP got the OK to add multifamily housing to two of its office parks, but Mayor Jeannette McCarthy vetoed a third.
Cambridge Ex-Courthouse Tower Sold for Outstanding Debt
Cambridge’s former Edward J. Sullivan Courthouse tower was converted to offices and housing in 2024, but never secured an anchor tenant.
Vacant Lexington Lab Building Hits Market
A 335,000-square-foot lab development that was completed in 2025 is on the market after failing to attract tenants even after the buildout of three speculative suites.
John Kerry-Linked Company Eyes Energy Storage After Mass. Acquisitions
A company founded by billionaire Tom Steyer is set to add solar and battery storage facilities following its acquisition of three suburban Massachusetts industrial properties.
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.
Computershare-Anchored Offices Sold to Lender for $21M
A lender took possession of a Canton office property that went to online auction this spring in a $21.35 million transaction.
Boston Developer Buys Fort Point Offices for $28M
Another brick-and-beam office building in Boston’s Fort Point traded hands with its acquisition by a local real estate investor.
Weymouth Air Base Parcels Sold to Master Developers
The latest master development team paid $65 million to acquire parcels at what could become Massachusetts’ largest real estate project.
Wu Nominates Housing Developer to BPDA Board
A developer of “socially impactful” housing projects would fill a vacancy on the board created by the retirement of longtime member Ted Landsmark.
Kohl’s-Anchored Plaza Sold to Sherborn Investors
A community shopping center anchored by Kohl’s in Springfield was sold to Sherborn-based investors for $10.2 million.
After Upgrades, Woburn Hotel Sold for $39.4M
A hospitality fund paid $39.4 million for a suburban hotel that was upgraded with new event and restaurant space during a decade-long ownership period.
Fenway Apartments Trade for $27M to Plumbrook
A 54-unit portfolio of apartments overlooking the Emerald Necklace in Boston’s Fenway has been acquired by a New York City investor, Plumbrook Capital Partners, for $27 million.
Amazon Robotics Approved for Wilmington Development
The Greater Boston robotics industry cluster is set to expand with approval of an Amazon Robotics R&D center in Wilmington.
Fort Point Landmark Set to Begin Next Chapter
The 8-story brick block at 263 Summer St. long has provided a “Welcome to Fort Point” moment with its rooftop neon sign. Now, it’s going to mark the location of 77 new apartments.
222K SF Development Gets $37M Construction Loan
A $37 million construction loan from Principal Asset Management enabled developers to move forward with a new two-building industrial park in Billerica.
Cape Cod Inn Sues Copper Mill Over Debt
Boston-based developer Copper Mill allegedly defaulted on a loan used to buy a Chatham inn and sold the property to avoid paying back its debt, a lawsuit claims.
Berkeley Garbe Begins First Project in Billerica
The joint venture between Boston-based Berkeley Investments and German real estate investor Garbe is beginning its expansion partnership with a speculative project in Billerica.
Arrowpoint Properties Adds Lawrence Complex in $30M Trade
Arrowpoint Properties expanded its portfolio in the city with Greater Boston’s fastest growing apartment rents, acquiring a 17-year-old rental complex in Lawrence.
Two Resi Towers Proposed Under Boston Skyline Zoning
The first development proposals under Boston’s new Skyline zoning include a pair of apartment towers totaling 918 units in Downtown Crossing.
TCB Completes First Phase of BHA Redevelopment
A partnership between the Boston Housing Authority and The Community Builders added 223 housing units and a new community center in Jamaica Plain.
This Week’s Newspaper
