Commercial Real Estate News
Developers Buy Boston Landing Lab Site for $67M
Developer Lendlease in partnership with investor Ivanhoé Cambridge has acquired a development parcel at Boston Landing for $67 million with plans to break ground on a 320,000-square-foot life science building in June 2022.
Drizly Expands With Back Bay Sublease Deal
Alcoholic beverage delivery app Drizly is expanding in Back Bay with a 30,665 lease at 501 Boylston St.
Star Market to Anchor Retail Space in New Fenway Development
A 50,000-square-foot Star Market is the first retail tenant to commit to a new development planned at the 401 Park property in Boston’s Fenway.
Alewife Development, Pedestrian Bridge Dealt Setback
Boston-based Cabot, Cabot and Forbes is weighing its options for a large development parcel in Cambridge’s Quad neighborhood following the city council’s rejection of a zoning amendment this week.
Medford Picks Master Plan Team
A women-owned firm from Cambridge will lead Medford’s upcoming citywide master planning process.
Baker Plans to Fully Open Vaccine Eligibility April 19
All Massachusetts residents ages 16 or older will become eligible for a COVID-19 vaccine by April 19, the Baker administration announced Wednesday morning.
IQHQ Proposes Second Lab Project in Fenway
Life science developer IQHQ is proposing its second major project in the Fenway neighborhood with plans for a 250,000-square-foot office-lab building at 109 Brookline Ave.
Sasaki to Design Updates to New Downtown Offices
The new owner of a downtown Boston office building will partner with anchor tenant Sasaki Associates on redesigns of the 1899 structure.
Lynch, ‘Furious,’ Issues Veiled Threat Over MBTA Cuts
The state’s congressional delegation is “furious” about service reductions at the MBTA and plans to have “hard conversations” with transit officials and Gov. Charlie Baker about reversing them.
Cronin Group Pitches Lab Complex in Marine Park
The developer of the St. Regis Residences Boston luxury condo tower is looking for opportunities to tap into the life science boom in South Boston’s marine park with plans for a 234,000-square-foot complex on Drydock Avenue.
Personnel File
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Boston Outdoor Dining Returns March 22
The start of Boston’s outdoor dining program has been moved up from April 1 to March 22 due to the forecast for seasonable weather, Mayor Marty Walsh announced Friday.
New York Architects Open Boston Offices
New York architecture firm Fogarty Finger is establishing a presence in Boston and looking for growth opportunities to build on its current projects, which include a pair of office tower repositionings in the Financial District.
Universities to Bring Back Students, a Boon for Landlords
Northeastern University and Boston University released messages from senior leaders in recent days announcing their intention to return to traditional, in-person classes starting this fall, even though COVID-19 may not be fully eradicated by then.
Furniture Delivery Company Leases Newly-Acquired Property in Taunton
A nationwide provider of white-glove delivery service for high-end appliances has signed a full-building lease at a newly-acquired property in Taunton’s Myles Standish Industrial Park.
Engage in Town Politics to Grow Opportunity in Mass.
Earlier this year, the Housing Choice bill passed with robust support from the Massachusetts Association of Realtors and a broad coalition of partners committed to enabling the creation of new housing across the state. Now, we must collectively turn our attention to realizing the opportunity before us.
Walsh Successor Should Build on His Work
As Boston Mayor Marty Walsh prepares to leave for Washington, D.C. after seven years at the helm of the state capital, he leaves a legacy his would-be successors should emulate when dealing with development.
Walsh Raised Bar on Housing Production
Boston Mayor Marty Walsh’s pro-housing agenda delivered benefits to the city but critics say Walsh missed opportunities to make development more equitable and address the transportation and climate change crises.
Banker & Tradesman’s Editorial Cartoon: Other Uses for Wind Turbines
With new bosses at federal wind energy regulators, Vineyard Wind’s prospects are looking up. But these turbines may have multiple uses.
Hot Property: 613 Main St.
Lowe’s Home Improvement Warehouse and HVAC supplier Homans Assoc. have leased a combined 281,192 square feet at 613 Main St. in Wilmington.
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