Commercial Real Estate News
Berkeley Investments to Expand Mill 240 in Lawrence
Boston-based Berkeley Investments is seeing growth opportunities in Lawrence, where it has completed a $98.5 million acquisition of a five-building multifamily and industrial portfolio.
Pier 5 Developers Float Housing Proposals
Developers are meeting projections of rising Boston Harbor sea levels and a big construction challenge with two houseboat-like multifamily designs and a third boasting an expansive rooftop park.
Franklin Group Homes Promote Transition to Adult World
Thoughtful design and construction will create a campus-like environment with a community feel which will ease the transition from school to the adult world for Amego’s students living with autism spectrum disorder.
The Rubber Meets the Road with Realities of Resilient Reentry
Last year was a pivotal time for commercial real estate across Massachusetts, and while 2021 is showing promise, there is a long way to go before we get back to pre-pandemic market stability and growth. In addition to the vaccine rollout, there are a few critical components to the successful and resilient reopening of the economy.
At Last, a Way Forward on Climate
We take heart that far-sighted legislators, the real estate industry and Gov. Charlie Baker have found common ground on how the state can decarbonize its economy over the next 30 years while keeping aggressive goals intact.
City Must Pay Property Owner in Underway Eminent Domain Case
In a case of first impression, the Massachusetts Supreme Judicial Court ruled last month in Abuzahra v. City of Cambridge that property owners can accept partial payments from government bodies for eminent domain takings, while simultaneously challenging the lawfulness of the takings.
Outside the Building Envelope, Innovation Abounds
Even after the pandemic ends, most predict that demand for outdoor space, even if it’s only a sliver, will remain a high priority for many urban tenants concerned about their health and general well-being.
How Passive House Construction Reduces Environmental Impact
If houses had personalities, passive homes would be the kind that are calm, quiet and have a reliable temperament. Passive House significantly reduces the carbon footprint while making a comfortable, healthy, and affordable environment.
New Thinking Can Address Boston’s Four Housing Crises
The greatest innovation in housing is not any specific material, system or assembly. It’s the rapidly growing movement to continually define and consistently deliver future housing.
Three Ways Employers Could Help Fight Vaccine Skepticism
Ending the pandemic depends on achieving herd immunity, estimated at 70 percent or even 80 percent to 90 percent of a population. With some 30 percent of Americans telling pollsters they have no interest in getting vaccinated, that’s cutting it a bit close.
How Telepresence Robots are Revolutionizing the Real Estate Industry
Adoption of robotics technologies has accelerated, becoming an increasingly popular way for businesses to solve both physical and digital challenges in the workplace.
Hot Property: Boston Dynamics Headquarters
Design collaborative Bergmayer and construction manager JC&A have completed the corporate headquarters and lab facilities for robotics firm Boston Dynamics in Waltham.
A Building Technology Antidote to Noisy Neighbors
Alan Case is the inventor of the locally-manufactured HushFrame noise insulation system which aims to reduce noise between units in wood-frame buildings, and headaches for property managers and developers.
In Remote World, Residents Still Need Community
Residential events are essential for making a new apartment feel like home. However, during COVID-19, apartment managers have been forced to get creative to offer residents the sense of community they crave while still adhering to COVID-19 guidelines.
East Cambridge Offices Eyed for Lab Conversion
A $491-million loan from Blackstone Mortgage Trust will fund the acquisition and lab conversion of Charles Park One and Two in East Cambridge into life science space, according to a report.
Community Good Works
From help for the blind to rental assistance, lenders across Massachusetts gave back to their communities in recent weeks.
Revere Beach Developer Names Restaurant Operator
The operator of two restaurants at the 500 Ocean Ave. apartments on Revere Beach is expanding his relationship with developer Redgate with plans to open a 220-seat restaurant at its new Ryder complex this summer.
Baker to Sign Sweeping Climate Change Bill
Massachusetts Gov. Charlie Baker said Thursday that he plans to sign a sweeping climate change bill, ending months of shuttling the legislation back and forth between the Democratic-controlled legislature and the Republican governor.
Mariano Pledges Big Investments to Fuel Wind Energy Boom
House Speaker Ronald Mariano outlined plans on Thursday for a $10 million job training program and long-term borrowing effort to fuel an offshore wind energy boom assisted by a Biden administration friendly to clean energy.
Big Biz Groups Shift Tone on Climate Bill
Two business groups that expressed reservations with details of the sweeping climate policy and emissions bill on Gov. Charlie Baker’s desk have shifted their tone
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