Commercial Real Estate News
Eastern R.E. Seizes Bay Colony Control
Eastern Real Estate has taken control of the 970,000-square-foot Bay Colony Corporate Center in Waltham, capping months of intrigue at the Class A office property.
Four Companies Lease 28K SF at Brickstone Square in Andover
Colliers Meredith & Grew of Boston has secured four leases totaling 28,438 square feet at Brickstone Square in Andover.
Yoga Studio Stretches Into Boston’s Financial District
Om Warrior, a new yoga studio, has leased 1,500 square feet in Boston’s Financial District.
What in the world is Mortimer Zuckerman thinking?
Mortimer Zuckerman, Boston Properties chairman and New York media mogul, recently reaped $50 million after selling nearly 10 percent of his holdings in our hometown-based real estate giant.
Clothing Retailer Leases 2K SF On Newbury Street
S. Kuhlman, a specialty clothing retailer, has leased 2,130 square feet on Boston’s Newbury Street.
HMFH Architects Commissioned To Improve Design In 8 Local Schools
Cambridge-based HMFH Architects has announced several local school commissions with a combined area of more than 500,000 square feet.
Simon Properties CEO Sees New Round Of REITs
With the debt markets in the doldrums but the equity markets roaring, the national commercial real estate sector may be ready for a new crop of companies going public, according to David Simon head of Simon Property Group Inc, the largest REIT in the country and owner of 15 properties in Massachusetts.
Certificates Of Insurance: Devil Is In The Details
A recycling facility needed repairs made to its heavy equipment. It engaged a contractor to perform the work and to supervise the facility’s employees who would operate the facility’s overhead cranes during installation of new steel plates.
Turnpike Tries Moving Parcel Post-Haste
As the Massachusetts Turnpike Authority limps toward obsolescence, one of its final development decisions – designating a developer for a prime parcel along Boston’s Rose Kennedy Greenway – has become entangled in a political tug-of-war.
Who’s Next To Pitch Fenway For Red Sox?
Goodbye Janet Marie Smith and hello Fenway Park high-rise district?
Menino Strikes Out
I guess Boston Mayor Thomas Menino prefers that his coronation precede his victory. As an appointed mayor, Menino was never really elected. It takes the Vatican to get a mayor out of Boston’s city hall. The mayor’s self coronation, spread all over the front pages of the city’s newspapers on a recent Sunday and fed to you on a silver palate in his silly driving around Boston video is an embarrassment.
Music, Kids Breathe New Life Into Old Eastie Firehouse
The fire bell has been silent since 1981 at the Engine Company 40 Firehouse in East Boston. But, the sound of laughter and music will soon fill the void, when ZUMIX moves into the redeveloped space at the end of the year.
The Teller, Aug. 31
Construction should soon begin on an 84,000-square-foot BJ’s Wholesale Club at 200 Crown Colony Dr. in Quincy after the site of the former printing plant for The Patriot Ledger was recently sold.
L.A. Film Production Location Scouts Settle In Suburban Boston
Skyline Locations, a Los Angeles-based location service for film production, has opened an office in Canton to capitalize on the growing “Hollywood East” movement in and around Boston.
Four Cos. Lease 49K SF In Suburbs
Four companies recently leased 49,000 square feet of commercial property.
Burlington’s 5 Wall St. Project Achieves Rare LEED Gold Distinction
The office development at 5 Wall St. in Burlington has achieved LEED Gold certification from the U.S. Green Building Council, the fifth building in the state to achieve the distinction, and the fourth along the Route 128 corridor, but the first such development in Burlington.
USGBC Ratchets Up LEED Guidelines
New guidelines issued today by the U.S. Green Building Council will “step up (the organization’s) commitment to improved building performance” by implementing a comprehensive data collection effort from all buildings that have achieved LEED certification; implementing an appropriate analysis methodology of that data; and providing feedback to building owners.
Menino Outlines Boston Stimulus Benefits In New Progress Report
Six months after the passage of a more than $700 billion federal stimulus package, the City of Boston has benefited to the tune of 1,666 jobs saved or created and a further $162.2 million for a total economic investment of over $334.8 million citywide in 41 “shovel-ready” projects, according to a new report from Mayor Thomas Menino’s office.
Medical Center Buys 12K SF In North Andover, Leases 8,500 More
Saints Medical Center of Lowell has purchased 11,900 square feet of medical office space at the North Andover Office Park located at 203 Turnpike St., North Andover, and leased an additional 8,500 square feet in the same building.
Office Space Leased in Mansfield
Colliers Meredith & Grew of Boston has secured four leases totaling 6,043 square feet at Reservoir South Office Park in Mansfield.