Commercial Real Estate News
Lender Takes Over South End Properties from Lab Mega-Landlord
BioMed Realty wanted to make 321 Harrison Ave. and 1000 Washington St. an extension of Boston’s life science cluster. But demand for lab space has crashed.
After Proposing Hotel, Developer Lists Waterfront Property
Less than six months after proposing a 113-room luxury hotel and restaurant on the Boston waterfront, the new owners of the Atlantic Avenue property are looking to sell.
Senators Show They’re Up for Some of ‘Fun Agenda,’ but Not All of It
A local option for happy hour, capping the resale prices of concert tickets and studying ways to host more soccer tournaments made it into the bill.
Personnel File – No. 451
From new VPs to fresh project managers, see who’s been hired, promoted and honored, it’s our weekly Personnel File roundup.
Canceling Out Zoning Reform
Do Massachusetts’ zoning fixes matter if the building code doesn’t allow most “missing middle” developments to pencil out? Welcome to the next frontier in housing reform.
Why Changes to Mass. Zoning Variance Rules Are Such a Big Deal
More flexible standards and a new requirement to weigh the public benefits of new housing should be a benefit to developers working with difficult sites or towns with outdated zoning.
Hot Property: 125 High St.
New amenities have helped sign nearly 150,000 square feet in lease renewals and expansions at Tishman Speyer’s 125 High St. in Boston’s Financial District.
Solving the Commonwealth’s Housing Crisis Takes Ideas, Big and Small
The state’s 2027 budget included four important changes to how zoning works in Massachusetts – changes that should make permitting housing more straightforward.
Condo Tower Fills a Gap on the Greenway
Long before office-to-residential conversions became a hot topic, Curtis Kemeny was showing developers how to maximize opportunities.
Reasonable Fix to Boston’s Property Tax Problem Passes Senate
A bipartisan measure passed the state Senate last week to finally give seniors in Boston a break on their property taxes, fixing a problem the city’s mayor can’t.
The New Face of Flex Development
The definition of flex/R&D space in Massachusetts has fundamentally changed with the advent of climatetech, energy tech, advanced manufacturing and robotics.
Boston’s Class B Challenge Is a Design Opportunity
Buildings that cannot offer a meaningfully better experience than a well-equipped home office face growing competitive pressure. That shift is changing what tenants value.
YIGBY Zoning Changes Would Unlock Opportunity
Yes In God’s Backyard legislation would give faith groups and developers the tools to jointly create more homes in Massachusetts, with meaningful affordability.
Flex Is the New Hot Commercial Sector
Capable of housing manufacturing, R&D, storage and office all at once, flex space is now fetching the highest industrial rents across the region.
Highways-to-Housing Project Seeks Developers in Fall River
Fall River is turning a waterfront highway into a boulevard, parks and development parcels for 1,400 homes next to its commuter rail station.
Auction Scheduled for City Realty Site in Allston
A parcel from City Realty’s multi-building 344-unit Allston Square development is going up for auction after years of failed efforts to get building started.
Industrial ‘Scarcity’ Drives Calare Acquisition in Hyde Park
Calare Properties’ latest acquisition provided the company with an opportunity to secure a portion of Boston’s dwindling industrial real estate remnant.
Community Good Works
Bristol County Savings Bank, based in Taunton, said it gave $50,000 to the Old Colony History Museum to renovate the museum’s grounds in Taunton. See who else gave back.
Related Beal Begins Upgrades to Salem Towers
Families at Salem’s Loring Towers will get access to expanded recreation space as developer Related Beal begins a $38 million renovation project.
Blackstone Sells Revere Property Near Suffolk Downs for $45M
Blackstone’s Link Logistics arm sold a Revere property near Suffolk Downs to an industrial investor for $45 million.
This Week’s Newspaper
