Lab Developers Stake Out Submarkets

Using data from brokerages Newmark, JLL and Colliers International, plus information from tenant and landlord SEC filings and earnings presentations, Banker & Tradesman has compiled a look at who dominates some of the most active life science submarkets and what’s in the pipeline.

Seaport District Lands Big Life Science Headquarters

Cambridge-based Foundation Medicine has signed the biggest commercial lease in Boston’s Seaport District in eight years, consolidating 1,100 employees at 400 Summer St. and giving new momentum to the neighborhood’s growing life science cluster.

Generational Change at The Fallon Co.

Michael Fallon was appointed president of The Fallon Co., just last month, but the 30-year-old real estate executive is already thinking about the long-term legacy of the Boston-based development company founded by his father Joseph in 1993.

Condo Market Still Has Some Runway

The market remains firmly tilted in sellers’ favor, but is beginning to show signs of a correction while two record-setting ultra-high-end condominium developments scheduled to open this spring in Back Bay and asking prices for Boston condos continue to rise.

Benjamin Targets Next Rental Wave In Seaport

More than 500 prospective residents have expressed interest in the Boston Seaport District’s largest luxury apartment complexes to date, the 22-story luxury tower Benjamin and the 20-story VIA nearing completion on Seaport Boulevard.