Commercial Real Estate News
Erland to Lead Renovation of Andover Conservation Center
The Northeast Document Conservation Center has retained Burlington-based Erland Construction to lead the renovation of its new HQ.
Massachusetts Medical Society Selling Suburban HQ
The statewide association for physicians and medical students has placed on the market a suburban office building that includes its headquarters and a large conference center.
Craft Food Halls Reopens in Allston
Craft Food Halls has reopened at the Studio Allston hotel on Soldiers Field Road with a promotional “sip and stay” package for hotel guests.
Nauset Completes DTX Housing Conversion
The second phase of a housing conversion project created 36 apartments next to Boston’s Orpheum Theater.
Lender Buys Fort Point Lab Conversion for $57M
Starwood Property Trust acquired a Fort Point office building that was converted into lab space by the previous owners for $57.2 million.
The BCEC Is Getting a New Name
The Boston Convention and Exhibition Center will be renamed next month as the Thomas Michael Menino Convention and Exhibition Center in honor of Thomas Menino, Boston’s longest serving mayor.
Bulfinch Seeks to Drop Lab Project in Needham
Citing the local lab construction glut, developer Bulfinch is seeking to shelve plans to redevelop a Needham car dealership as a 500,000 square-foot life science complex.
AIA25 Digs Into Emerging Forces in Architecture
The American Institute of Architects’ top annual event placed Boston at the center of the design world last week, giving Massachusetts an opportunity to show off its recent contributions to the built environment.
Marcus Partners Sells Suburban Portfolio for $50M
Boston-based Marcus Partners completed the sale of a pair of suburban logistics properties that it developed in Haverhill and Taunton to an institutional fund.
Shoppers World Set for Third Act
As the owner of one of America’s first shopping mall properties seeks to add multifamily housing, the city of Framingham is once again debating where – and whether – it should add new homes.
Hot Property: Munters North American
Munters North American completed construction of a 430,000-square-foot facility that will house its dehumidification and climate control products.
Distressed Sales Show Boston’s Budget Problem Isn’t Going Away
A new report says, based on recent office sales and “weak” property tax collections, Boston’s property tax crunch could be getting worse.
Wu, Kraft Spar Over Office Valuations
Boston Mayor Michelle Wu and challenger Josh Kraft sparred over the latest report predicting a steep decline in office valuations and the implications for the city’s fiscal health.
101 Station Landing Sold to Burlington Developer
An office building that’s part of the 16-acre Station Landing mixed-use development at Medford’s Wellington Circle was acquired by a Burlington-based developer that’s planning a repositioning project.
Videos: Coming to AIA25? Don’t Miss These Buildings! (Part 3)
You’ve probably been on more than a few building tours via the American Institute of Architects’ big conference in Boston this week. But you probably didn’t get to see any of these.
Needham Bank to Acquire BankProv for $211M
Needham Bank will acquire Amesbury-based BankProv, representing its first foray outside of Massachusetts’ borders.
Dorchester Development Incorporates 250-Year-Old House
A house from Boston’s colonial past could get new life as part of a larger redevelopment proposed for the heart of Fields Corner.
State Chips in to Fund 190 Units in Boston Office Conversions
A new program tied to the 2024 housing law is being tapped to support nearly 200 new rental units in downtown Boston, part of an effort to transform vacant class B offices into housing.
Videos: Coming to AIA25? Don’t Miss These Buildings! (Part 2)
With the big AIA conference in town, we asked nearly two dozen local architects to give their peers from out of town a hand and show off one of their favorite buildings in the Boston area.
Videos: Coming to AIA25? Don’t Miss These Buildings! (Part 1)
With the big AIA conference in town, we asked nearly two dozen local architects to give their peers from out of town a hand and show off one of their favorite buildings in the Boston area.
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