Alexandria Drops Lab Conversion for Fenway Property
One property that Alexandria Real Estate Equities, the nation’s largest life science landlord, won’t be putting on the market: 401 Park Drive in Boston.
Behind BioMed’s Buying Spree
Investors in life science developer BioMed Realty’s parent, a Blackstone Real Estate fund, were in no hurry to cash out and take their profits in 2020 as the pandemic was making the biopharma sector more attractive than ever. So the private equity giant gave them a new, multi-billion-dollar option.
It’s Survival of the Biggest Following the Pandemic
Some of the biggest real estate players in the Boston area and around the country are pounding their chests and proclaiming from the rooftops the prowess of their business models and the size of their cash reserves.
Who Pays to Bail Out Boston?
With potential for massive property damage in Boston neighborhoods in the path of rising seas, the city is studying funding mechanisms to pick up the multi-billion-dollar tab in coming decades.
NAIOP Elects 2020 Leadership
The trade group for Massachusetts’ commercial developers has named a new president and board chair for 2020.
