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.
Spec Projects Proceed as Tenants Sit on Sidelines
Developers of speculative life science projects in Charlestown and Waltham and Boston’s largest supportive housing community marked midyear construction milestones for projects totaling over 540,000 square feet.
Alexandria Unloads Five-Building Lab Portfolio for $365M
Life science developer Alloy Properties added to its Boston-area portfolio with acquisition of five buildings totaling 425,000 square feet in Cambridge and Waltham.
Anchor Line Leases Bedford Labs to Taiwan Biotech
A Taiwanese life science company with local offices in Burlington is establishing a new research facility at 36 Crosby Drive in Bedford.
‘CambridgeSide 2.0’ Gets Another Biotech Lease
Conversion of the former Sears store into lab space at the Cambridgeside mall picked up momentum with a 50,453-square-foot lease by a biotech that received $116 million in venture financing early this year.
Robotic Valets Take Over Parking Duties
The ever-rising cost of land and construction in Greater Boston is leading many developers to opt for automated parking garages in new condominium, office and mixed-use projects alike.
Anchor Line Sells Allston Development Site for $19.75M
Boston-based Anchor Line Partners has sold a pair of Allston properties which recently received approval for a 152-unit apartment development.
Biotech Leases Spec CambridgeSide Lab Space
A year-old Cambridge biotech company that’s received $315 million in venture financing has leased nearly 150,000 square feet in the Cambridgeside mall’s new office-lab redevelopment.
Developer Gets $277M in Financing for Waltham Lab Project
Developers have broken ground on a 227,000-square-foot speculative lab project in Waltham after receiving $277 million in financing from Dallas-based RBC Real Estate Capital Corp.
Developer Drops Microunits in Second Attempt at Allston Project
Developers seeking to build a $55 million rental complex in Allston have dropped 93 microapartments from the designs in the latest attempt to gain city approval.
Financial District Tower’s New Face Nearly Done
One Post Office Square’s transformation is nearing completion, and, we believe, the building’s now 1.2 million square feet of office space offers a terrific demonstration of the value of rehabbing more recent existing structures.
One Post Office Square to Add Medical Clinic
The owners of the 1.2 million-square-foot One Post Office Square are partnering with a newly-formed provider of “concierge” health care services on a new clinic at office tower, and will pay for memberships for tenants’ employees.
Anchor Line Submits Allston Development Plans
The latest development proposal near the MBTA’s Boston Landing station calls for 120 apartments replacing an industrial building and parking lot.
New Owner of Bedford Office Park Plans Life Science Strategy
The new owner of a 52-acre office park in Bedford will pursue a life science strategy following a $122 million acquisition.
120-Unit Multifamily Project Planned Near Boston Landing
Anchor Line Partners is joining the rush to build more housing in and around the Boston Landing area of Boston’s Allston Neighborhood.
Housing to Replace Car Wash, Tow Lot in Allston-Brighton
Resuming their busy approval process after adjusting meeting and public comment protocols, Boston Planning & Development Agency directors gave the go-ahead to 354 housing units, including 254 at a trio of projects in the active Allston-Brighton submarket.
Waltham Tech Complex Sold for $320M
A health care-focused REIT has made its second big-ticket commercial real estate investment in Greater Boston in four months, paying $320 million for a Waltham property redeveloped as tech and life science space.
Developer Shrinks Southie Life Science Project
As office and lab developments creep closer to older residential neighborhoods in South Boston, a proposed life science is shrinking in height and size to appease opponents.
1.1M SF Development Eyed for Related Seaport Parcel
The new owners of a 6.5-acre property along Boston’s Fort Point Channel plan to build 1.1 million square feet of housing and commercial space on one of the Seaport District’s prime development sites.
A Big Bet on Post Office Square
A rooftop crane and demolition of the rear parking garage are signs of bigger changes to come at One Post Office Square, a 41-story office tower kicking off a $300 million expansion and renovation project.
