Commercial Real Estate News
BPDA Approves 155 Apartments in Vacant Offices
Boston planning officials approved a new hybrid industrial development in Newmarket and office-to-residential conversions in the downtown and North End neighborhoods.
Boston Wins Top Bond Rating as Questions Surround Downtown Property Values
Both Moody’s Analytics and S&P Global said office tower values could fall further, but many homeowners can afford to pick up the slack in city property tax collections.
Apartments Approved at South Shore Plaza, with Benefits
Braintree OK’d a 325-unit apartment complex following a fight pitting warnings of “overdevelopment” against the need for housing production.
Tesla-Leased Property Trades for $26M in Walpole
A recently repositioned industrial property leased to credit tenants including Tesla, Home Depot and Goodyear traded for $26 million.
Boston Developer Buys Somerville Industrial Park
A Boston-based real estate investor acquired a Somerville industrial park located in a neighborhood that’s attracted large-scale development proposals in recent years.
Developer Proposes Condos Near Gillette Campus
A South Boston developer submitted plans for a condominium project replacing an office building near the Gillette campus.
Poll Finds Strong Support for More Housing Development
Voters strongly support land use policy changes that would make multifamily development easier in Massachusetts, according to a statewide survey commissioned by Abundant Housing Massachusetts (AHMA).
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.
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