Commercial Real Estate News
Shirley’s Phoenix Park Leases 2,200 SF Of Lab Space
Lex Co., a biotechnology company, has leased 2,200 square feet of lab space at Phoenix Park in Shirley.
UMass-Boston To Buy Bayside Exposition Center
The University of Massachusetts-Boston has signed a preliminary agreement to buy the Bayside Exposition Center to support development of the first new academic facilities on the campus in 35 years.
Hub Officials Break Ground At Former Kasanof Bakery Site
Boston officials are joining Nuestra Comunidad Development Corp., project funders and community members to celebrate the start of construction on a parcel of land along Roxbury’s Blue Hill Avenue.
BioMed Realty Trust Declares 14-Cent Dividend
The board of directors at BioMed Realty Trust Inc., a life science property owner with a large presence around Boston, has declared a fourth quarter dividend of $0.14 per share of common stock.
Energy Efficient Lighting Illuminates Boston’s Skyline
Philips Electronics of Burlington is behind the bright, ever-changing colors lighting up Boston’s skyline. The lights beaming off Boston’s Prudential Tower are LED lighting fixtures from Philips Color Kinetics.
Autodesk East Coast HQ Achieves LEED Platinum Certification
Autodesk Inc., a 2D and 3D design, engineering and entertainment software company, has announced the interior of its architecture, engineering and construction (AEC) solutions division headquarters in Waltham, was recently certified LEED-CI Platinum by the U.S. Green Building Council.
Acella Construction To Renovate Northeastern University Lab
Acella Construction Corp. has been selected to renovate two laboratories at Northeastern University.
AG: Medford Man Stole Millions While VP At Local Construction Co.
A Medford man has been charged with stealing millions of dollars from his former employer, a large construction management company in Greater Boston.
Boston’s Shepley Bulfinch Merges With Arizona Firm
Boston architecture firm Shepley Bulfinch has merged with Merzproject of Phoenix.
National Telecommuting Institute Leases 4,644 SF In Boston
National Telecommuting Institute, an educational/job-matching organization, has leased 4,644 square feet at 69 Canal St. in Boston.
Two Engineering Firms Lease 10K SF In Andover
Two engineering firms have leased a combined 10,390 square feet at New England Business Center in Andover.
Brockton Medical Building Sold For $300K
A 2,400-square-foot medical building at 190 Quincy Ave. in Brockton has sold for $300,000.
Newton REIT Declares 40-Cent Dividend
Government Properties Income Trust, a Newton-based REIT, has announced a regular quarterly common share distribution of $0.40 per common share.
Commercial Tax Hikes Loom Large In 2010
Boston-area developers face a new and seemingly unlikely threat as they struggle to hang onto downtown towers and suburban office projects amid the Great Recession – tax hikes.
Digital Studio Leases 4,656 SF In Boston
The Barbarian Group, a New York-based digital services firm with offices in Boston and San Francisco, has leased 4,656 square feet on the second floor of 129 South St. in Boston, bringing the building to full occupancy.
Hub Hikes Property Tax Rate For Fiscal 2010
For the first time in three years, property tax rates will increase in the city of Boston in fiscal 2010.
Harvard To Pause Construction Of Science Center
Harvard University will halt construction of a new science complex in Boston’s Allston neighborhood after completing the building’s foundation, university president Drew Faust said Thursday, citing the Ivy League school’s “altered financial landscape.”
Three New Tenants Lease Space In Boston’s Back Bay
NAI Hunneman has brokered three office leases, totaling 4,308 square feet, at 376 Boylston St. in Boston.
MassArt Plans 21-Story Residence Hall
Massachusetts College of Art and Design plans to build a 21-story residence hall on Boston’s Huntington Avenue. The $61 million building will add 145,000 square feet of dormitory and facility space to the campus.
Realty Co. Buys Space For S. Boston Office
The Terrier Group, a Boston residential real estate company, has relocated to 366 West Broadway, Unit C-2, in South Boston.





