Commercial Real Estate News
Investor Lending Made Easy
For years, small-time investors could gain the same kind of favorable financing available to buyers who planned to live in their homes. Lately, they’re opting for different types of funding.
SJC Upholds Ruling in Jiminy Peak Injury Case
A recent state Supreme Judicial Court case tested how liable general contractors are for workplace injuries suffered by subcontractors’ employees.
Hot Property: Merrimack on Main
A historic Merrimack Valley building is now host to a local college’s creative arts programs following an adaptive reuse project by Lupoli Companies.
Investor Bets on R&D and Manufacturing Property Acquisitions
A joint venture acquired a fully leased R&D portfolio in Andover for $43.5 million as part of a strategy to acquire buildings at discounts to replacement cost.
AI Software Developer Inks 52K SF Cambridge Lease
A second notable tech office lease is boosting occupancy at Alexandria Real Estate Equities’ One Kendall campus in East Cambridge.
BostonPads Launches Private Lending Division With Roc Capital
Local apartment listings site and brokerage Boston Pads has launched a new co-branded private lending division aimed at multifamily investors.
USQ Lab Tower Gets First Lease
A Cambridge biotech founded by Dana-Farber Cancer Institute oncologists and Broad Institute researchers is the first tenant of the 10 Prospect St. lab building in Somerville.
Developer Picked for 65-Unit Project at Devens
MassDevelopment signed a letter of intent with a Newton-based nonprofit to acquire a 6.6-acre site at Devens for a 65-unit housing project.
Poll Finds Top Concerns: High Costs, Housing and Taxes
Calling Massachusetts “desirable, but expensive,” sponsors of a new poll say it confirms that affordability issues are the “fault line” shaping views of the state’s future.
Law Firm Expanding With 58K SF Lease in Financial District
Boston-based Rubin Rudman will expand and relocate to Tishman Speyer’s One Federal St. office tower in Boston’s Financial District next year.
Wells Fargo Forecloses on Boston’s 100 Summer St. Office Tower
A lender scheduled a foreclosure auction for a 1.3 million-square-foot Boston office tower that sold for $806 million just a few weeks before the COVID-19 outbreak.
Workbar Expands at DivcoWest’s Back Bay Property
Coworking provider Workbar is expanding its Back Bay location in spring 2027, after announcing three real estate moves in Greater Boston this year.
Alexandria Seeks More Lab Space, Housing Conversion in Cambridge
Alexandria Real Estate Equities is betting on future demand for lab space in East Cambridge with its plan to add 250,000 square feet to Technology Square.
Healey, Driscoll Endorse ‘Starter Homes’ Ballot Question
The campaign to legalize small-lot single family homes statewide picked up two high-profile backers Tuesday morning: Gov. Maura Healey and Lt. Gov. Kim Driscoll.
DCAMM Offers 72-Acre Campus for Housing Development
The Healey administration’s “State Land for Homes” program is seeking developers for a 72-acre Central Massachusetts site with potential to add up to 386 homes.
Personnel File – No. 457
From new VPs to fresh project managers, see who’s been hired, promoted and honored, it’s our weekly Personnel File roundup.
RJ Kelly Sells 100 Percent Leased Property in Milford
Burlington-based RJ Kelly sold a 100 percent leased retail property in Milford for $10 million after a five-year ownership period.
Wu’s Tax Breaks Not Enough to Restart Housing, Critics Say
The Wu administration’s latest housing initiative underscored frustration in real estate and housing circles that Boston is falling behind in producing housing.
Want More ‘Gentle Density?’ Process Matters as Much as Zoning
You can pass all the zoning reforms you want, but they won’t make a dent in the housing crisis. Local officials still have too many ways to delay or stop projects.
A First Look Before You Lease
Workplace environments can make or break a leasing decision. At JLL, it’s Zoe Benson’s job to help tenants across the Northeast understand their options.
This Week’s Newspaper
