Hot Property: 907 Main
Nauset Construction recently completed the transformation of the historic 1870 Whitney, Lucretia and Henry Building into a 67-room boutique luxury hotel located in Cambridge’s Central Square.
Alexandria Files Plans for 370K SF Kendall Lab Building
As the life science sector continues to remain one of the few bright spots in Greater Boston’s commercial real estate market during this recession, Alexandria Real Estate Equities filed plans to add a 370,000-square-foot infill office/lab building in Kendall Square.
Iconic Cambridge Burger Restaurant for Sale
A staple of Harvard Square’s restaurant scene for decades is for sale.
Mass. Biotech Firms Have Raised $2.1B so far in 2020
Underscoring the strength of the life science industry powering developments in Cambridge, Worcester, Boston and beyond, the Massachusetts Biotechnology Council said that the Massachusetts biopharma industry raised $2.1 billion in venture capital investment in the first half of 2020.
Land Deals Reflect Confidence in Boston’s Staying Power
A slew of covered land plays in recent weeks, from Widette Circle to Alewife, are giving investors a ready stream of rent while they assess the impact of COVID-19 on real estate and plan their next moves in growing development clusters.
Renters Reluctant to Pull Up Stakes
Owners of new apartment buildings in the Boston area are facing unprecedented times trying to fill units amid the coronavirus outbreak and economic downturn that’s left many would-be tenants wary of moving into unfamiliar and oftentimes more expensive living quarters.
Cambridge Affordable Housing Modernization Plan Lands $45M Loan
A 198-unit Cambridge Housing Authority property will be modernized after securing financing.
Pioneer Institute: Pandemic Could Hurt Mass. Biotech Firms
While investor activity in Massachusetts’ life sciences sector is generating new demand for tens of thousands of square feet in Cambridge, the state’s broader biopharmaceutical sector could emerge from the coronavirus pandemic weaker than some may assume.
Rivals Look to Unlock Kendall Infill
Two developers that compete for global icons such as Facebook and Google as tenants in Cambridge’s Kendall Square find themselves on the same side of the table for a change, with one poised to gain approval for an additional 800,000 square feet of office-lab space in the tech mecca.
Newton Drops Construction Freeze
New state regulations intended to allow retailers to fulfill online orders while keeping their doors closed to the general public will also allow construction projects to resume in Newton, the city says.
Alexandria Slashes Planned 2020 Construction Spend
One of Boston’s biggest life science REITs declared they are pulling back on planned construction spending for the rest of the year.
DivcoWest Sells Cambridge Office Property for $101.25M
DivcoWest has sold an 86,040-square-foot office building outside Harvard Square for $101.25 million after less than three years of ownership.
Cambridge Joins Boston with Construction Freeze
Cambridge officials Wednesday night issued a moratorium on all construction activity in the city “until further notice” to help slow the spread of COVID-19.
BioMed Unveils Kendall Square Development Plans
BioMed Realty has released its development plans for a long-vacant parcel in one of the nation’s most sought-after commercial real estate markets.
Cambridge Office Market Ranks Among Nation’s Priciest
Often overshadowed by its record-breaking prices for lab properties, Cambridge’s office market ranked among the nation’s priciest in 2019.
Boutique Extended Stay Hotel Pitched for Central Square
A boutique Greater Boston developer plans to reboot a landmark Cambridge building into a 46,300-square foot mixed-use project including an extended stay hotel.
Cambridge Reverses Stance, Will Consider Pot Store Applications
Harvard and MIT’s hometown will consider applications for recreational marijuana businesses after all.
Restoration of Cambridge’s Foundry Preserves Important Stories, Unlocks New Futures
With the renovation of the Foundry Building, the city of Cambridge is seizing a notable opportunity to create a contemporary and forward-thinking building type – a civic space for the arts and for hands-on education.
The Davis Cos. Pitches New Alewife Building
Two months after a six-building, 1 million-square-foot multifamily and lab complex was pitched for Cambridge’s Alewife Quadrangle neighborhood, another developer is joining the effort to revamp the industrial area near Belmont
Boutique Hotel Planned in Kendall Square
A pair of vacant properties on the western edge of Cambridge’s Kendall Square could be transformed into a 68-key hotel.
