Commercial Real Estate News
Family Dollar Leases Space In Hub’s Roslindale Village
Family Dollar has leased 10,302 square feet of space at 20-24 Corinth St. in Boston’s Roslindale neighborhood.
Life Sciences REIT Enjoys Healthy Q2
BioMed Realty Trust Inc., a life science property owner with a large presence around Boston, has reported a 21.6 percent year-over-year jump in total revenues for the second quarter, to $86.1 million, driven primarily by leasing success and deliveries from the company’s development pipeline.
Day Care Center Sold In Franklin For $670,000
The 6,375-square-foot building leased to Bright Horizons Childcare & Early Development Center at 2 Constitution Blvd. in Franklin has been sold for $670,000.
Menino To Unveil $18M Foreclosure Stabilization Program
Boston Mayor Thomas Menino is set to announce a new $17.6 million foreclosure stabilization program that aims to both keep distressed homeowners in their homes and help new homebuyers purchase foreclosed property across the city.
August Auction Date Set For Troubled Boston Marina
The Boston Yacht Haven marina in Boston’s North End will be sold at auction Aug. 14, after a bankruptcy judge recently approved a deal between the marina’s lender, Northern Bank & Trust, and the marina’s court-appointed trustee.
Woburn Industrial Condo Sells For $1.14M
J. Sallese & Sons, a distribution company that specializes in lockers, restroom partitions, washroom accessories and metal storage equipment, has purchased unit 12 at 5 Crescent Ave. in Woburn for $1.14 million.
LEED Renovations To Phillips Academy Dining Hall Completed
The $21.5 million gut renovation of the Phillips Academy Paresky Dining Commons in Andover has been completed.
Clay Bricks Lauded In Hingham’s BCBS Facility
Margulies Perruzzi Architects recently received the 2009 Brick in Architecture Bronze Award in the commercial category for its design of the Blue Cross Blue Shield of Massachusetts (BCBSMA) office building in Hingham.
State’s Lack Of Smart Growth Goals Potentially ‘A Real Problem’
The lack of any discernible statewide smart growth priorities in Massachusetts could waste money, according to at least one local planner, and municipalities may be better served promoting their own smart growth goals.
Boston’s One Winthrop Square Sells To German Co.
The historic five-story, 114,257-square-foot office and retail building at One Winthrop Square has been sold to an affiliate of German firm GLL Partners, the third financial district building sold to the firm.
Friendship Home Project In Norwell Awarded To Acella
Norwell’s Acella Construction Corp. has been selected to build the new headquarters for Friendship Home, located in Norwell.
Hanover Building Sells For $1.2M
The 20,000-square-foot, single-story building at 149 King St. in Hanover has been sold to BMI Inc. for $1.2 million.
Hub Property Management Firm Leases 3,427 S.F. In Ft. Point
Boston-based property management firm JB Property Solutions has signed a 10-year lease for 3,427 square feet on the second floor at 311 Summer St. in Boston.
William A. Berry Adds Marketing Resource Manager
Danvers construction management firm William A. Berry & Son Inc. recently named Tara Graves as marketing resource manager.
In Lawrence, Buildings Sit Vacant, Workers Sit Idle
Pablo Garcia describes himself as a hard worker and has the broad shoulders and thickly muscled arms to prove it. But like so many people in Lawrence, a timeworn former mill town, he’s been involuntarily idle for months.
Business Bankruptcies Up 240 Percent Since 2006

Entrepreneurship and new small businesses are supposed to lead us out of the recession, just as they have in prior downturns, right?
Hub’s Future Towers Rests On Jobless Numbers
Is the Boston skyline finally all towered out?
Four Leases Signed At Marlborough Office Park
Four leases totaling 87,700 square feet have been signed at Normandy Real Estate Partners’ Marlborough Technology Park in Marlborough.
Hanson Church To Be Rebuilt Using Modular Construction
Sagamore-based modular construction firm Realty Development Assoc. will rebuild Hanon’s United Church of the First Born, which was destroyed in a 2007 fire.
Construction Set To Begin On $115M Kroc Center
The Salvation Army will host a groundbreaking ceremony for the $115 million Kroc Corps Community Center in Boston’s Dorchester neighborhood Monday.