Commercial Real Estate News
Hot Property: Belmont Skating Rink
Skanska has completed construction of a new athletic complex and ice rink named after a fixture of the Belmont athletic community.
Hastings Marks a Half-Century in Homebuilding
It’s been over 40 years since Tom Hastings started his homebuilding odyssey with the innovative Leisurewoods 55-and-over development in Rockland. Along the way, he’s turned bunkers into housing and helped transform the Hingham Shipyard.
Greater Boston’s Life Science Market Is Recalibrating for Growth
Vacancy reached a new all-time high of 36.1 percent and asking rents continued to decline. But green shoots give reason for hope.
Through the Fog, Boston’s Lodging Market Should Find Its Bearings
Economic and political headwinds have dampened travel spending and kept hotel operators focused on managing rising costs. Next year could be better.
Bane of Landlords Threatens to Reappear on Ballot
To landlords in Massachusetts, rent control is like Freddy Krueger – a relentless villain that terrorizes victims in an endless series of sequels and remakes.
National Development Proposes 950K SF for Ex-Intel Campus
A 149-acre site identified by MassEcon as one of the state’s highest-potential development opportunities is in play for a 950,000 square-foot industrial project.
181 Apartments Coming to Former Framingham Restaurant Property
A development company founded by a pair of former AvalonBay Communities executives has begun construction in the latest of a series of major apartment projects near Framingham’s MBTA commuter rail station.
Developer Proposes $95M Housing Project Near Harvard Square
Homeowner’s Rehab began its final permitting to transform a pair of former Lesley University properties into affordable housing using Cambridge’s affordable housing upzoning law.
Keurig Dr Pepper HQ Sells for 29 Percent Discount
A 431,233 square-foot corporate campus occupied by Keurig Dr Pepper’s headquarters traded for $84.5 million in an acquisition by Los Angeles-based Montana Avenue Capital Partners.
Wayfair, DraftKings HQs Relocating in Office Shakeup
The headquarters of two Boston-based household names are relocating in an office market shakeup involving leases at towers in Back Bay and the Financial District.
Rent Control Backers Report Huge Signature Haul
The campaign behind a proposed 2026 ballot measure to establish rent control across the state says it has cleared the highest signature-gathering hurdle in the initiative petition process well ahead of deadline.
Boston Apartment Rent Hikes Plateau After New Deliveries
Greater Boston renters are getting some relief from apartment rent hikes following completion of a series of new developments, with vacancies in Allston-Brighton hitting double digits.
68-Unit Enabled by Cambridge Rezoning
Under Cambridge’s recent citywide rezoning to stimulate multifamily development, a developer proposed 68 apartments in a 6-story building in the Wellington-Harrington neighborhood.
Beverly Apartments Trade to Grossman Companies
Boston-based Foxfield sold one of its three residential properties in Beverly, reaping $11.125 million from the sale of 50 Broadway.
Transom Unveils Designs for Medford Square Development
Transom Real Estate Partners is set to reveal details of the largest development in Medford Square in decades, adding hundreds of apartments to create a new “urban campus” near City Hall.
Leominster Keeps Plastics Manufacturer in 213K SF Lease
A Quebec injection molding manufacturer solidified Leominster’s status as “Plastics City” with a renewal of its 213,000 square-foot lease at 175 Pioneer Drive.
As Funding Wanes, Developers Face Downsizing Decisions
Facing reluctant investors and lenders, developers are pursuing changes designed to salvage projects teetering on the brink of financial feasibility.
I’ve Fallen in Love with the South Coast. You Should, Too
Imagine a community that offers coastal beauty, easy accessibility to major metropolitan areas, a relaxed lifestyle and a growing economy.
What Comes Next After MBTA Communities?
We all agree Massachusetts needs more housing. To get there, do we need a shinier, more tempting carrot, a bigger stick or something in between?
Three Overlooked Levers We Can Pull to Build More Housing
Palatable updates to building codes will unlock tens of thousands of new housing units by enabling more housing in the same volumes.
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