58 Apartments Replace Plan for New WBZ Studios
A Brookline developer is seeking to build 58 housing units on an Allston parcel once envisioned for a new WBZ-TV headquarters.
Takeda Offers Four Cambridge Buildings for Sublease
Takeda Pharmaceutical Co.’s move to its new Kendall Square tower is opening up big new blocks of availability in the Cambridge lab market.
Samuels Steps in to Sustain Time Out Market
Boston-based Samuels & Associates will operate the Fenway Time Out Market under a licensing agreement, staving off its planned closure this week.
Boston-Area Lab Market Takes Another Step Back
Lab vacancies in Greater Boston hit 34 percent in the fourth quarter despite a pair of big leases in Somerville and Allston.
Time Out Market’s Time Is Up
Boston’s first large-scale food hall is set to end its seven-year run in the Fenway despite kicking off a boom in craft food halls around the region.
Alexandria Sells Watertown Mall to National Development
Newton-based National Development acquired the Watertown Mall for $100 million, closing the chapter on a potential life science redevelopment.
Watertown Lab Project Secures 73K SF Lease
A Cambridge biotech will relocate to Watertown after terminating its lease and committing to occupy nearly 73,000 square feet at 99 Coolidge Ave.
Alexandria Expects Tariff Hit on Construction Costs
Alexandria Real Estate Equities is bracing for a double-digit increase in costs on its current development pipeline related to the Trump administration’s tariff policies and inflation.
Alexandria Says Ex-Employee Stole Trade Secrets
A former Massachusetts employee stole company secrets and strategies on lab properties, major life science developer Alexandria Real Estate Equities claims in a lawsuit.
Energy Company Commits to 100K SF Newton Lease
A Newton office park that was earlier slated for a life science conversion landed a large office tenant that’s expected to bring 600 employees to the campus.
Archrival Buys Alexandria Labs in Kendall Square for $250M
Alexandria Real Estate Equities sold three Kendall Square life science buildings to its archrival BioMed Realty for $250 million in a transaction between the nation’s two largest lab landlords.
Once Planned for Biomanufacturing Campus, Andover Facility Sells for $67M
Alexandria bought the huge facility in early 2022 as part of a $341 million, eight-property deal to take advantage of drugmaking demand that never materialized.
Moderna Buys Norwood Campus for $400M
Lab developer Alexandria Real Estate Partners will sell the Moderna Technology Center in Norwood to the vaccine manufacturer for approximately $400 million as it continues to divest non-core properties in Greater Boston.
Alexandria Set to Sell More Massachusetts Properties
The leading U.S. life science landlord has agreed to sell more properties in Greater Boston for nearly $370 million and recorded an impairment charge of $40.9 million.
Will Lab Slump Translate into Housing Gains?
A vision to turn West Cambridge into a second Kendall Square is coming apart amid record lab vacancies across the region, as the fundamentals of development look set to shift back in favor of multifamily housing.
New Factors Give Occupiers Even Stronger Hand in Lab Market
The life sciences and lab market across the Boston metro area has been in a state of flux for some time, but a new factors have added extra pressure on landlords and owners.
Alexandria Buys WBZ-TV Studios in Allston
The nation’s largest life science developer acquired the WBZ-TV studio property in Allston, where a large redevelopment including offices, labs and housing was approved in 2022 but has yet to begin
Alexandria Sells Southie Lab Site to Marketing Agency for a Loss
A site once proposed for lab space was acquired by a Boston-based marketing agency as Alexandria Real Estate Equities scaled back its appetite for development.
Takeda Inks Lease Extension in Kendall Square
Takeda Pharmaceutical Co. inked a 10-year lease extension at its 222,025-square-foot R&D center in Cambridge’s Kendall Square.
Alexandria Takes Loss in Sale of Andover Property
A Lawrence buyer snapped up an Andover office building put on the market by Alexandria Real Estate Equities after just over two years of ownership.
