Commercial Real Estate News
WSP Environment & Energy Signs 1,800 S.F. Lease At TradeCenter 128
Environmental consultants WSP Environment & Energy LLC has leased nearly 1,800 square feet at 300 TradeCenter 128 in Woburn.
Veteran Commercial Broker Joins NAI Hunneman
Veteran commercial broker Catherine Minnerly has joined commercial real estate services firm NAI Hunneman as an executive vice president and principal.
88,000 S.F. Leased At Christian Science Plaza
Five leases totaling approximately 88,000 square feet of office space have been signed in the 177 Huntington Ave. building at the Christian Science Plaza, according to The First Church of Christ, Scientist.
Hope On Distant Horizon For Hub-Area Hotels
Times are tough now for the Boston area hotel market, but better times lay ahead, according to PKF Hospitality Research (PKF-HR), the research affiliate of PKF Consulting.
Commodore Builders Goes Back To School With 11 Summer Projects
Newton-based Commodore Builders will spend the summer working on 11 new projects on nine New England school and college campuses.
Menino Plays Tour Guide, Showcases Back Bay & Fenway To Retailers
Boston Mayor Thomas Menino led prospective tenants on a tour of available retail space in the city’s Back Bay and Fenway neighborhoods on a soggy afternoon today, offering tour-takers a variety of exclusive incentives to relocate to the neighborhoods as he tries to grow Boston’s retail base.
Four More At Delta Now LEED Accredited
Four employees at Medford’s Delta Design & Construction have successfully passed the LEED Accreditation exam.
‘Near And Dear’ Nantucket Hotel To Be Auctioned
The Point Breeze Club in Nantucket, formerly known as the Point Breeze Hotel, will be auctioned Aug. 19 by Tranzon Auction Properties of Portland, Maine.
NetVersant Solutions Leases 10,100 S.F. In Charlestown
Technology services provider NetVersant Solutions has leased 10,100 square feet of space at the Schrafft Center in Charlestown.
JLL Ramps Up Northeast Retail Outsourcing Team
Real Estate services firm Jones Lang LaSalle has added three retail experts to its retail outsourcing services (ROS) group in the Northeast.
Lori Cowles Of HMFH Architects Named Ambassador of the Year
Principal Lori Cowles, of Cambridge architectural firm HMFH Architects, has been named Ambassador of the Year by the Chamber of Commerce in Cambridge.
Mum’s The Word When It Comes To Hub Projects
As he cruises toward re-election, Mayor Thomas M. Menino is pursuing an artful strategy of clamping down early on any potential controversy that might attract unwelcome attention.
Taxation Turmoil Takes Toll On Troubled Borrowers
A yawning bid-ask pricing gap isn’t the only force that’s assailing commercial property and debt sales. A potentially costly tax quirk is also keeping troubled properties stuck in the mud, by disincentivizing commercial owners from either working out underwater loans or giving the keys back to the bank – two moves that would lead to market-clearing transactions.
The Teller, July 6
The Massachusetts Department of Housing and Community Development (DHCD) is going through a few changes. No, voices aren’t getting deeper, and there is no acne involved. The department merged in 71 employees from the Department of Transitional Assistance, and will now be responsible for the state’s emergency homeless shelters.
MHIC Presents Annual Community Development Excellence Awards
The Massachusetts Housing Investment Corp. (MHIC) recently presented Excellence in Community Development awards to several individuals and their organizations recognizing “outstanding” community development efforts.
GreenWood International Leases Hub Office Space
GreenWood International Insurance Services Inc. (GWI) has leased 11,002 square feet of office space at 225 Franklin St. in Boston.
Judge Rules Against Marlborough Lender In Bankruptcy Case
Judge Joel B. Rosenthal of the U.S. Bankruptcy Court for the District of Massachusetts in Worcester has concluded a two-year dispute between two Chapter 11 debtors and their lender.
Spectra Medical Expands In Wilmington
Spectra Medical Devices Inc. has extended its lease for nearly 10,500 square feet at 260 Fordham Road in Wilmington, and signed an 8,600-square-foot lease expansion at 340 Fordham Road.
Cutler Hires Bob Stephens To Lead Health Care Market
Cutler Assoc., a Worcester-based design and construction firm, recently named Robert Stephens as director of business development, health care.
Brookline Below-Ground Garage To Be Evaluated
Boston architectural/engineering firm CBI Consulting Inc. will complete a feasibility study of an underground garage in Brookline to evaluate the condition of the structure.