Commercial Real Estate News
Watertown Lab Project Gets Tenant, Permanent Financing
A new lab building at Watertown’s Arsenal Yards was refinanced following a Novartis subsidiary’s lease bringing it to full occupancy.
Booking Numbers Reflect Tepid Tourism Climate in Mass.
After a year-over-year decline in bookings six months into 2025, the industry is pointing to a sequence of major events across Massachusetts that could help boost the sector into recovery in 2026.
Avidia Bank Could Lose $17M on Medford Lab Project
A failed Medford lab development provides a stark example of how Massachusetts’ rapidly retreating life sciences market left some developers and lenders high and dry.
Personnel File – No. 416
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Immigration Policy Behind Warning Signs in Boston Apartment Market
Boston landlords are monitoring a leasing downturn tied to the Trump administration’s restrictions on international students.
Maine Leads the Way on Housing Reform in New England
Massachusetts could learn some lessons from Maine’s housing reform approach, particularly from a new law that removes barriers to housing while preserving some local control.
Understanding the Multifamily Capital Stack Challenge
Multifamily broker Travis D’Amato of Walker & Dunlop says these are indeed good times for buyers and sellers of apartment buildings in Greater Boston.
Hot Property: Redgate’s New Headquarters
Redgate’s new headquarters in Boston’s Financial District draws inspiration from the development and advisory firm’s residential projects, including a “living room” for casual coworking and gatherings.
Why Fair Housing Matters So Much to Me
My street shows how the market, and a lack of new housing, accomplished what no upstanding Massachusetts politician would have openly condoned: legalized segregation in the suburbs.
Copper Mill Apartment Towers Approved in Dorchester
Boston officials approved construction of two apartment towers that will transform a commercial section of Morrissey Boulevard and create a new landmark for Southeast Expressway commuters.
96-Room Hotel Proposed in Allston
City Realty Group submitted a proposal for a 96-room hotel catering to business travelers and visiting student families in Allston.
New Developer Seeks to Take Over South End Housing Conversion
A new development team will attempt to complete an office-to-housing conversion in Boston’s South End that was placed on the market by the existing owner.
MBTA Set to Buy Anheuser-Busch Plant for Electric Buses
The MBTA has agreed to acquire a former Anheuser-Busch warehouse near Wellington Circle to house its fleet of electric buses.
Real Estate Developers in Gateway Cities Grapple with Trump’s Tariffs
In Gateway Cities – where housing production is already only half of what it needs to be to meet rising demand – increasing the cost of construction materials threatens an already tenuous housing market.
Worcester’s Mercantile Center Developer Files for Bankruptcy
The developer of Worcester’s Mercantile Center has filed for Chapter 7 bankruptcy, listing nearly $1.7 million in debts from lenders, investors and other sources.
Boston Launches New Ferry to Flynn Marine Park
Commuters on the MBTA’s regional rail system just got an option to add a little more fluidity to their commute. And Seaport landlords just got a new amenity to promote to potential tenants.
Office Growth Expected, Except Among Largest Companies
A growing majority of office tenants plan to expand their real estate footprints in the next three years, according to a nationwide survey of occupier sentiment.
One Mystic Tower Adds 221 Condos in Redesign
A “significant” change in housing demand and economic conditions prompted a Newton developer to reduce the size of a planned $300 million residential tower near Sullivan Square in Charlestown while adding 221 for-sale units.
Water Fees for New Development Percolate on Beacon Hill
Cities and towns could gain a new funding stream to cover water infrastructure costs under legislation that’s quietly gaining traction in the Legislature.
State Offers Five Housing Development Sites at Auction
The Sept. 10 auction is an early test of Gov. Maura Healey’s new program to accelerate disposition of underutilized state land for housing production.
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