CIM Group Lists South End Offices Eyed for Conversion
The owner of property highlighted by Gov. Maura Healey as model for office-to-residential conversions in Boston has placed the South End property on the market.
Owner Seeks More Height for South End Apartment Conversion
At 91 units, the proposed conversion of 95 Berkeley St. in the South End will be the second-biggest to date.
Project Delays Start to Stack Up
The next generation of developments with the potential to reshape the Boston skyline are under threat from a combination of higher construction costs, rising interest rates and questions about the region’s housing market.
BioMed Buys South End Offices and Labs for $314M
BioMed Realty has completed its acquisition of a South End office building and lab development site for $314 million, with the Boston Planning and Development Agency scheduled to vote Thursday on the lab conversion.
BioMed Seeks Lab Switch for South End Development
BioMed Realty’s appetite for life science sites in Boston continues with the pending acquisition of a speculative office building nearing completion in South End.
BioMed Buying Binge Spreading to South End
Life science developer BioMed Realty’s local acquisition spree is spreading to Boston’s South End with the pending acquisition of a speculative office development at 321 Harrison Ave.
CIM Group Buys Andover Industrial Property for $26M
A 127,400-square-foot flex and manufacturing building in Andover has been acquired for $26 million by CIM Group.
20-Story Condo Tower Approved for Motor Mart Garage
The $525-million Motor Mart Garage redevelopment in Back Bay will add 231 condos in a new 310-foot tower and provide financial support for a planned 85-unit affordable housing complex in Chinatown.
Work Begins On South End Spec Office Tower
Developers have begun a speculative 235,000-square-foot office building to tap into demand for class A space in Boston’s South End.
BPDA Approves 559 Housing Units
Multifamily development projects totaling 559 residential units in Mattapan, East Boston, South Boston and the Fenway were approved Thursday by Boston Planning and Development Agency directors.
20-Story Residential Tower Proposed Atop Boston Parking Garage
Newly filed redevelopment plans for the Motor Mart Garage property in Boston call for a 20-story tower containing 306 apartments and condominiums, and a steep decrease in parking capacity.
Developers Bullish on Financial District Office Growth
After taking a backseat to the Seaport in recent years, Boston’s Financial District is finally on the verge of a revival as an office development hotspot. Opportunities to reposition parking garages are driving several of the latest projects. Two developers are looking to add over 1 million square feet of office space in the central business district in anticipation of accelerating leasing demand.
380K SF Multifamily Project Proposed In Fenway
Boston-based developer Cabot, Cabot & Forbes plans a 380,000-square-foot multifamily project on Kilmarnock and Queensberry streets in Boston’s Fenway neighborhood.
Motor Mart Garage Sold For $162.5M
Los Angeles-based CIM Group and LAZ Parking Realty Investors acquired the 1,037-space Motor Mart Garage at 201 Stuart St. in Boston for $162.5 million.
