Commercial & Industrial
Davis Cos. Spec Project Lands Full-Building Tenant
The first phase of a speculative industrial development by The Davis Cos. in Wilmington landed a full building lease from a medical device company.
Boston Gives Out $69M in Housing Funds
The city of Boston’s Neighborhood Housing Trust Fund is contributing $69 million to 14 mostly-affordable developments across the city this year, Mayor Michelle Wu announced Friday.
Healey Wants Towns to Work With State on MBTA Housing
Gov. Maura Healey said she hopes that communities considering defying the state’s multifamily zoning law will instead work with the state.
Dorchester Waterfront Development Heads to Auction
A Dorchester waterfront property approved for a $90 million redevelopment that’s embroiled in a legal dispute will be put up for auction.
Bulfinch Triangle Offices Sold for Potential Residential Conversion
The new owner of a Bulfinch Triangle office building is considering options including a residential conversion after acquiring it for a 63 percent discount from its previous sale in 2018.
Burlington Officials Wary of MBTA Communities Resistance
Wary of a backlash at an upcoming town meeting, Burlington officials approved a plan to comply with the MBTA Communities law by rezoning four areas for multifamily development that already include large housing complexes.
Hyde Park LGBT Senior Housing Gets Funding Despite GOP
A Hyde Park senior housing development that saw its financing package upended by national politics appears to have come out on top, in the end.
BXP Completes Partial Sale of AstraZeneca Research Center
Boston Properties completed its partial sale of a Kendall Square life science project that values the two-building development at over $2,000 per square foot.
A Backlash in Barnstable
Zoning changes designed to revitalize downtown Hyannis got immediate traction from developers proposing multifamily housing. But a leadership change on the Barnstable Town Council is driving fears of a rollback.
Turn on the Taps at Ex-Bases
Money for a sewer and water connection isn’t headline news – unless it means unlocking 6,000 long-anticipated housing units near a commuter rail station.
AG Gets Serious About Enforcing MBTA Communities Law
The attorney general’s lawsuit suggests that she will not wait to find out whether the loss of access to specific state funding programs will eventually persuade Milton to adopt compliant zoning.
Cambridge Should End Exclusionary Zoning in 2024
Beneath a facade of inclusivity and progressivism lies an ugly truth: Cambridge is not open to everyone. But the City Council should not settle for a surface-level fix.
Hot Property: 30 Dan Road
A former call center in Canton has been redeveloped as 135,600 square feet of GMP/advanced manufacturing space.
Stop. You’re Making It Worse
Recent hoopla about soft landings aside, the Federal Reserve’s drive to bring down prices has made immeasurably worse what was already the most expensive item in Americans’ budgets: the cost of housing.
Fenway Team Competes in a Crowded Field
On the front lines in the housing affordability battle, Suneeth John leads the Fenway CDC’s real estate team in identifying promising sites and finding financing sources to acquire and develop them.
Massachusetts Can’t Retreat on Housing Reforms
The push to build more housing in Massachusetts has reached a critical point. Gov. Maura Healey can’t give in to a vocal minority that wants fewer families to call the state home.
Housing Debate Clouded by Vague Language
Perhaps if we got more granular about what we mean when we say “affordable,” we would have more success creating affordable homes and talking with each other rather than – at best – past each other.
Will Decarbonization Shut Off the Affordable Pipeline?
Construction costs are already sky-high in Greater Boston, and there is fear decarbonization regulations can add even more strain on affordable housing developers’ wallets.
Long-Stalled 6K-Unit Development, Transfer Taxes Get Boost from Mariano
House Speaker Ron Mariano on Thursday voiced an openness to considering a local-option real estate transfer tax to boost the affordable housing supply and indicated he would use water and sewer infrastructure to unlock a long-stalled development site.
Synergy Investments Buys Boston Office Building for Mortgage Debt
A Boston office building that traded for nearly $156 million weeks before the COVID shutdown in 2020 was acquired by Boston-based Synergy Investments in exchange for the assumption of $76.5 million in mortgage debt.