Commercial Real Estate News

Another Big Office Landlord Tests Sales Climate
Blackstone’s office real estate arm is testing the investment sales climate in Boston with plans to sell a Back Bay multitenant building after an 11-year ownership period.

Personnel File – No. 405
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.

New GOP Guv Candidate Wants to Repeal MBTA Communities
Brian Shortsleeve, a former Baker administration MBTA executive, venture capitalist and Marine Corps veteran, announced his candidacy for governor a platform to “bring commonsense conservative leadership to Beacon Hill.”

Would You Pay $5M for This Property?
With its windowless peeling brick facade, the former VFW hall tucked behind the subway station in South Boston’s Andrew Square seems like an unlikely locus for a high-stakes legal battle.
Rent Control Won’t Help Mass. Become More Affordable. Expanding Rental Vouchers Will
Building our way out of the housing crisis will take too long to help those suffering now. But rent control will halt the real long-term fix – building more homes – in its tracks.

Here Comes Trump to Further Wreck Boston’s Lab Real Estate Market
The battered life sciences sector is already sitting on enough empty lab space to fill 16 Prudential towers. Now, the Trump administration’s plans to cut billions in research grants will make the sector even worse.

Hot Property: CanalSide Food + Drink
The transformation of CambridgeSide’s new food hall continues with this month’s opening of two new venues.

Medford Square is Getting a Grocery Store and 283 Apartments
A Boston real estate firm’s proposal is the top pick to develop municipal parking lots near Medford City Hall with a pair of buildings including 283 apartments and a grocery store.

Battery Manufacturer Drops Devens HQ Plans
A lithium ion battery manufacturer halted plans for a new 101,000 square-foot world headquarters and tech center at the Devens business park.

Q&A: Republican Gubernatorial Candidate Mike Kennealy
Mike Kennealy is the first major challenger to Democratic Gov. Maura Healey in the 2026 gubernatorial race. On housing, he says he’ll work “in partnership” with towns to build more homes.

Bain Capital Arm Plans Multi-Tenant Biomanufacturing Conversion
A new real estate platform by Bain Capital Real Estate that specializes in biomanufacturing projects acquired a Bedford property for $26.35 million as its first investment.

Spilka Eyes Sales Tax Exemption to Encourage Housing
The idea to exempt multifamily projects’ building materials would first be studied by a commission before any changes get formally proposed.

Beacon Hill Floats Dueling Broker Fee Ban Proposals
Gov. Maura Healey has put political capital behind eliminating apartment broker fees, but state legislators have backed two wildly different ways to make that happen.

Charter Realty Hires WS Development Exec
A top leasing executive for WS Development is joining Charter Realty, a retail real estate brokerage that represents national chains and landlords across the U.S.

Allston Labworks Adding Bagel Cafe This Summer
A bakery cafe offering a new spin on bagels will open this summer after signing the second lease at King Street Properties’ Allston Labworks development.

Housing Replaces Offices in Northland Project
Northland Investment Corp. received approval to add housing and drop office space from its Newton Upper Falls development project.

Lupoli, Healey Kick Off 2M SF Littleton Project
Groundbreakings of large-scale developments are becoming infrequent in Massachusetts, and one that took place in Littleton illustrated the growing list of hurdles.

Outreach Begins as Eviction-Sealing Deal Takes Effect
Thousands of Massachusetts residents gained a new tool in the search for stable housing Monday, as a compromise between tenant advocates and the real estate lobby took effect allowing eligible tenants to have their past eviction records sealed.

Trump Administration Swiftly Undoing HUD’s Transgender Protections
The Trump administration is swiftly remaking housing policy as the U.S. Department of Housing and Urban Development retreats from long-established fair-housing protections for transgender people.

Personnel File – No. 404
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.