Commercial Real Estate News
Polaroid HQ Inches Closer To Auction Block
Polaroid’s former headquarters in Waltham is one step closer to the auction block, after the German bank holding a $70 million mortgage on the 119-acre development parcel tentatively scheduled an autumn auction date.
TRO Jung Brannen’s HQ achieves certification
TRO Jung Brannen, a leading international architecture, engineering, interior design and master planning firm, has announced its corporate headquarters at 22 Boston Wharf Road, Boston has achieved LEED Silver certification.
GFI Partners Leases 25,500 SF in New Hampshire Business Park
GFI Partners, a Boston-based landlord and developer, has leased 25,000 square feet in its Bedford, N.H., business park.
Perkin Elmer Opens Second Boston Facility
Perkin Elmer Inc. today announced it has opened a second manufacturing facility.
Water Co. Leases 24K SF In Canton
Vermont Pure Holdings Ltd. has leased 23,966 square feet at 95 Shawmut Road within the Shawmut Business Park in Canton.
Fitting The Pieces Together
When Greg Bialecki’s former boss resigned abruptly this past winter, Bialecki inherited the reigns of a cabinet agency charged with overseeing the state’s housing and economic development agenda – at the bleakest moment in recent memory for business and housing. As he has battled the recession and doled out federal stimulus dollars, Bialecki has also vowed to change the way the massive secretariat talked about the work it does, emphasizing linkages with private partners and other government agencies.
Check & Balance, August 24
Massachusetts’ dog racing tracks get a glimpse of their future.
Massport, FAA Have No Say
Don Chiofaro doesn’t just want to replace Boston’s Harbor Garage with two buildings – he believes he must build tall ones. Otherwise, he has said, the economics behind the $900 million twin Greenway towers he’s proposing, which top off at 780 feet, won’t make sense.
The Massachusetts Port Authority, on the other hand, is telling Chiofaro that it doesn’t want him to go tall. So he can’t go tall. End of story. Or is it?
Landlords ‘Test’ Six-Month Trial Leases On Boston’s Newbury Street
When UrbanMeritage LLC and Taurus Investment Holdings moved to plug a 2,000-square-foot vacancy on Newbury Street recently, they got creative. They didn’t slash asking rents, and they didn’t leap at the first tenant who sniffed around the space.
Mortgage Holder Won Boston Yacht Haven Auction
Paperwork filed late Thursday afternoon shows the previously-undisclosed buyer of the Boston Yacht Haven marina is Northern Bank & Trust, the mortgagee on the coveted but troubled North End property.
MBA Signs Lease To Move To One Washington
The Massachusetts Bankers Association is moving from its Tremont Street location to One Washington near Boston’s City Hall Plaza.
Owner Of Boston’s 441 Stuart St. Out Of Compliance With Nasdaq
Corus Bankshares Inc. said last night it got a notice from the Nasdaq stock market that it’s out of compliance with rules for listing its stock after failing to file a quarterly financial report on time.
Raynham, Stoughton T Mobile Stores Go Linear
The Wireless Store, a partner of T Mobile, has signed two leases with Linear Retail Properties in Raynham and Stoughton.
Local Software Co. Moves HQ To Southborough
Interactive multimedia and software company Accela Communications is moving its headquarters to 12,487 square feet of office space on the second floor of 136 Turnpike Rd. in Southborough.
Solar Co. Leases 9k SF In Needham
Solar One Solutions Inc. has leased 9,304 square feet of office and light manufacturing space at 330 Reservoir St. in Needham.
BioHelix Corp. Signs On For 10K SF At Cummings Center
BioHelix Corporation, a local life science firm that has developed in vitro DNA amplification to conduct tests for staph infections, HIV and other STDs, has signed on to lease 10,000 square feet of research and development space in Beverly’s Cummings Center complex.
Three Elaine Construction Employees Get LEED OK
Newton construction management firm Elaine Construction Co. has three more staff members who are now certified as LEED-Accredited Professionals (LEED AP).
Forget That Skyscraper And Buy A Warehouse
Forget the flashy stuff. If you want to make a little money in some tough times, invest in a warehouse, or better yet, a new apartment building.
Global Industries To Stay Local In Andover
Office furniture maker Global Industries recently renewed its lease of 19,200 square feet at 19 Connector Road in Andover.
State Chooses GEI To Demolish Salem State’s Library
GEI Consultants Inc. has been selected by the state’s Department of Capital Asset Management to demolish Salem State College’s 128,000-square-foot library.