Hanover Crossing Apartments Sold for $156M
A 300-unit apartment complex developed as part of the mixed-use transformation of the Hanover Mall traded for nearly $156 million.
$150M Refinances Redgate’s Bedford Office-to-Lab Conversion
Owners of a successful office-to-life science conversion in Bedford received $150 million in refinancing for the 288,000-square-foot complex from Apollo Global Management.
Revamped Office Parks Welcome Lab Tenants
The lab and life science market in Greater Boston and across the nation might be cooling off, but there are still some tailwinds benefiting suburban office-to-lab conversions that were set in motion in recent years.
Personnel File – No. 348
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s The Personnel File.
Hot Property: AEW Capital Office Expansion
An award-winning project designed by Ellkus Manfredi Architects updated and expanded AEW Capital Management’s offices at World Trade Center East in Boston.
Personnel File – No. 319
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Five Amazon Last-Mile Warehouses to Close
Amazon officials plan to close down operations at five last-mile delivery stations in the Boston area, but the future of those properties is unclear.
Bedford Office-Lab Conversion Gets $82M Financing
A Bedford office building is in line for a lab conversion after the project received an $82.2 million financing package.
Personnel File – No. 275
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Personnel File – No. 267
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Hot Property: Castle Island Brewing Co.
Boston’s newest brewing and tasting room retains the 18-foot ceilings and exposed concrete of an early 20th-century industrial building that’s part of the Iron Works mixed-use development.
Blackstone Gobbles Up Six Leased Properties for $175M
In its second big-ticket Bay State transaction this month, Blackstone’s Link Logistics paid $175 million for six suburban Massachusetts industrial properties.
National Development Unveils Name for Latest Project: “Iron Works”
A 1.1 million-square-foot development along South Boston’s Dorchester Avenue will be known as Iron Works as a nod to the neighborhood’s industrial past, National Development announced.
Redgate to Convert Bedford Campus for Biotechs
Boston-based Redgate is the latest local developer getting into the life science game with plans for a conversion of a 52-acre office campus in Bedford.
Concord Medical Office Building Trades for $23M
A building that houses important outpatient care functions for Concord’s Emerson Hospital has sold for $23.3 million.
Building a Diverse Pipeline into CRE
Commercial real estate’s lack of diversity is a reflection of its word-of-mouth recruiting networks and the industry’s low profile among college students as a career option. Now, NAIOP-MA says its efforts to attack the problem are starting to pay off.
Investment Firm Expanding In Seaport
AEW Capital Management is expanding at the Seaport East office tower after signing a new 12-year lease.
Community Good Works
This week’s roundup includes the many banks and businesses that have helped their communities through donations and events.
Grocery-Anchored Shopping Center Sold To AEW Capital
AEW Capital Management has acquired the grocery-anchored Lincoln Plaza on Route 3A in Hingham for $41.3 million.
Cushman & Wakefield Lands Leasing Assignment At The District
Cushman & Wakefield has been named the new leasing agent at The District in Burlington, a 1.1 million-square-foot redevelopment of the former New England Executive Park.
