Commercial Real Estate News
Equipment Supplier Inks HQ Lease at Starwood-Owned Property
A construction equipment supplier established a new headquarters at a Methuen property after signing a multi-year full building lease for nearly 71,000 square feet.
Michaels Gets Financing for 364-Unit Worcester Development
A New Jersey multifamily developer completed a deal that will enable it to begin construction of a 364-unit apartment complex called The Benjamin.
Greater Boston Apartment Rents Set New High
Apartment rents shattered another barrier in Greater Boston, reflecting the steep downturn in construction of new developments since 2022.
Hebrew SeniorLife Seeks to Expand in Roslindale
The owner of a large Roslindale senior health care complex is seeking to expand its capacity with plans for a new building that could receive partial funding from local and federal sources.
Challenging the Myth: How Good Design Unlocks Office Tower Conversions
Our study of Boston’s One Lincoln and a successful conversion of a similar New York City office building show underutilized office towers can, in fact, become viable and vibrant housing.
New Music Combo: Housing in Rock City
Two new Allston-Brighton projects are betting that good design can make good neighbors of musicians and apartments. Here’s why.
Municipalities Must Consider Climate Change in Comprehensive Planning Process
For many towns and cities, issues like rising seas and extreme weather are new issues with a steep learning curve. They need help to integrate these issues with traditional planning concerns.
BU Synthetic Turf Field Project Trips Up Architect
A new SJC ruling says the time limits for when architects’ clients can sue over design defects can be contractually negotiated.
A Top-Heavy Tower Redefines Seaport Architecture
Hemmed in on all sides, 10 World Trade Center is a monument to creative design on a cramped parcel that conflicts with an MBTA tunnel below and airplane landing paths above.
Hot Property: Amara Beverley
Resident move-ins began this month at The Procopio Companies’ latest multifamily project, Amara in downtown Beverly.
Tackling Cape Cod’s Housing Crisis Through Community-Centered Design
Housing alone isn’t sufficient; it must be integrated into the social and civic fabric of a town. That’s where designers can help do more than build housing: they can help build community.
Architect Group’s Next Project: Its Own
Building owners take note: the Boston Society for Architecture is looking for a new home, and Danyson Tavares is leading its search for a high-profile space to serve as a hub of the design world.
One Harbor Shore Condos Complete Fan Pier Development
Two decades after The Fallon Company acquired a cornerstone development site on Boston Harbor, the final building is nearing completion at its 3 million square-foot Fan Pier project.
Community Good Works
Over 100 employees at Suffolk Construction’s Boston headquarters joined their colleagues at the company’s other locations around the country to make around 3,000 Memorial Day cards for military veterans. See who else gave back.
Somernova Development Advances with Key Labor, Benefits Deals
A Somerville neighborhood group will vote on a community benefits agreement tied to approval of a 1.5 million-square-foot tech campus by Rafi Properties.
Mass. Green Cement Startup Lands Contract that Could Unlock ‘Megaton’ Factory
Sublime Systems’ prototype cement factory in Holyoke is still under construction, but already it’s landed a contract that could unlock a huge new “megaton-scale” plant.
Eviction-Sealing Petitions Pour in Under 2024 Law
More than 400 Bay Staters have filed petitions for their eviction records to be sealed since a new law took effect earlier this month, Sen. Lydia Edwards said Wednesday.
Hines Pays $73M for Davis Companies’ Suburban Property
A Wilmington industrial park was acquired by Hines, the Houston-based real estate developer, for nearly $73 million following a speculative expansion project during The Davis Companies’ 4-year ownership period.
Boston Planning Chief Has More Questions for Developer
A housing developer won a recent legal victory over a lengthy review of a 204-unit apartment complex in Hyde Park, but the Boston Planning & Development Agency has more questions.
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.
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