Cambridge Ex-Courthouse Tower Sold for Outstanding Debt
Cambridge’s former Edward J. Sullivan Courthouse tower was converted to offices and housing in 2024, but never secured an anchor tenant.
Biotech Lease Fills Waltham Lab Project
A biotech company doubled its footprint at a 143,533 square-foot lab building in Waltham, completing the lease-up at the office-to-lab conversion project.
Lender Takes $72M Charge-Off on Cambridge Courthouse Conversion
Prolific commercial real estate lender Bank OZK told investors Wednesday it’s taking a $72 million loss on the construction loan for the 40 Thorndike St. office tower.
One Harbor Shore Condos Complete Fan Pier Development
Two decades after The Fallon Company acquired a cornerstone development site on Boston Harbor, the final building is nearing completion at its 3 million square-foot Fan Pier project.
IQHQ Strayed from the Herd. Will It Pay Off?
IQHQ burst onto the Boston real estate scene in 2021 with a series of big-ticket plans for new lab developments in unproven locations. But those contrarian bets ran headlong into a big life science slowdown.
Bank OZK to Finance $90M Downtown Boston Condo Block
A lot next to Boston’s Rose Kennedy Greenway that’s sat improbably empty for years is now set to be filled with a 12-story condominium development.
Boynton Yards Lab Building Gets $246M Construction Loan
A 353,000-square-foot lab project will begin in Somerville’s Boynton Yards after receiving $246 million in construction financing.
New Investor Joins Cambridge Courthouse Project
The 475,000-square-foot Sullivan Courthouse redevelopment in East Cambridge will be ready for occupancy in fall 2023 after the addition of a new investor, developers said.
Somerville Lab, Residential Tower Land Financing
The first phase in a planned mixed-use development next to Somerville’s Union Square looks finally set to get out of the ground.
