Commercial Real Estate News
Design Revealed for 79K SF South Boston Mixed-Use Conversion
A developer with prior experience in South Boston is proposing a new residential project on Old Colony Avenue near Moakley Park.
Pipefitters Union to Unveil New Training Center Saturday
A large Boston building trades union is poised to open a brand-new training center that it hopes will train a new generation of workers and attract more into the trades.
Community Good Works
Members of the financial services industry gave back to their communities this week with their money and their sweat.
Second Co-Living Project Proposed In Boston
Living with roommates is nothing new in Allston, but now a development team is moving forward with a large-scale project specifically designed to accommodate group housing arrangements.
Former Springfield Macy’s Could Become Marijuana Growing Facility
A Springfield business is proposing to convert empty retail space at a Springfield mall to a marijuana growing and selling complex.
DeLeo Pushing Business Leaders to Engage in MBTA Funding Debate
As Beacon Hill looks to tackle some of the transportation issues often blamed for congestion, traffic and unreliable service, House Speaker Robert DeLeo is pushing employers and business groups to “articulate the policies that it can unite behind.”
Marlborough Office Building Sold for $21M
A large office building in Marlborough has sold for $21 million.
Baker Calls Rent Control ‘Exactly the Wrong Direction’
More than two decades after voters banned local rent control, Gov. Charlie Baker signaled Tuesday he would not support a nascent push from several lawmakers to allow cities and towns to implement tenant protections, such as a limit on rent increases.
Nutter Announces New Leadership
There is a new leadership at the Boston law firm Nutter.
Wayfair to Launch Physical Store at Natick Mall
Boston-based online home furnishings retailer Wayfair will open its first full-service physical retail store later this year in the Natick Mall.
Cambridge, Boston Legislators Plan Rent Control Push
A pair of progressive legislators are planning a push on Beacon Hill to legalize local rent control laws.
Manager of 900-Unit Malden Development Settles Discrimination Allegations
The company managing a 919-unit apartment complex settled allegations from the state Attorney General’s Office that it systematically discriminated against minority and low-income tenants and hopeful renters in an effort to turn the complex into a “premier” apartment community.
Boston Revisits Affordable Housing Development Requirements
Boston’s most powerful policy weapon to encourage private development of affordable housing is continuing to pay off, so much that officials are considering whether to change the requirements for the second time in three years.
17th Century Hotel Sold On Nantucket
Cranston, Rhode Island-based alternative asset manager Procaccianti Cos. has acquired a pair of boutique hotels on Nantucket for $4.2 million.
Braintree Developer Buys Southie Apartments
A 2-year-old apartment and retail building across from the MBTA’s Broadway station in South Boston has sold for $25 million to Braintree-based John M. Corcoran & Co.
Developer Proposes $15.1M Brighton Condo With Robotic Garage
Brookline multifamily developer City Realty is adding to the Brighton condominium pipeline, with plans for a 53-unit project including a semi-automated parking system for 50 vehicles.
Nearly 200 Units in Two Projects Proposed Next to Logan Airport
Separate developments proposed by Rock Development and Transom Real Estate would see nearly 200 units rise on two parcels facing Logan Airport in East Boston.
Design Revealed for 210K SF South Boston Lab Project
Alexandria Real Estate Equities and Anchor Line Partners have revealed their plans for a large lab project the two firms are proposing in South Boston.
Developer Set to Begin East Cambridge Residential Project
After attracting CarGurus as office tenant for a 50,000-square-foot speculative office building, Cambridge developer Urban Spaces is moving ahead with a 136-unit apartment complex in rapidly changing East Cambridge.
Personnel File
See who’s on the move in the banking and real estate industries.
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