Hot Property: 15 McGrath Highway

Despite the general softening of the local life science real estate market, a major pension fund has decided to back Somerville’s latest spec lab high-rise.

Can Life Science Subsidize the Cultural Economy?

When Peter Rinning saw his new landlord was looking to reposition his Somerville neighborhood for biotech startups, he didn’t expected to be told, “You’re one of the reasons we’re buying this building. Don’t go anywhere.”

Leggat McCall Makes $60M Acquisition in Boynton Yards

Leggat McCall Properties and DLJ Real Estate Partners are expanding their real estate footprint in Somerville’s Boynton Yards again with the $60 million acquisition of a pair of parcels including Riverside Properties’ 561 Windsor St. which is the home to Taza Chocolate and tech startups.

Leggat McCall Proposes 1.1M SF Somerville Development

Boston-based Leggat McCall Properties and DLJ Real Estate are proposing a 1.1 million-square-foot mixed-use development in Somerville’s Boynton Yards, where the developers already have begun construction of a speculative life science building.

Boynton Yards Lab Project Breaks Ground

DLJ Real Estate Capital Partners, Leggat McCall Properties and Shawmut Design and Construction celebrated the official groundbreaking of the first of an expected wave of life science and office buildings in Somerville’s Boynton Yards, an industrial neighborhood near the city’s Union Square and Cambridge’s Kendall Square.

A Race to Meet the Train in Somerville

Boston-based Leggat McCall Properties and DLJ Real Estate Capital Partners of New York envision a 1 million-square-foot life science cluster tapping into the proximity to Kendall Square and the 2021 arrival of the MBTA’s Green Line Extension.

Hot Property: 101 South St.

A 9-story, 289,000-square-foot class A office and lab building that broke ground in July will become the largest life science development in Somerville.

10 CRE Stories to Watch in 2019

As projects in Somerville, East Boston, Allston-Brighton and South End move forward, developers of large vacant commercial properties in Newton and Woburn are laying out plans for mixed-use projects totaling over 3 million square feet.