Federal Realty Investment Trust has collected just over half of of its rent payments due in April, and the retail and mixed-use developer said it’s set up a $10 million loan fund to help some struggling restaurants when they reopen.
The owner of Somerville’s Assembly Row is rolling out redesigns to encourage curbside pick-up at its nationwide portfolio of 104 properties in preparation for long-term changes in shopping behavior during the COVID-19 pandemic.
The trade group for Massachusetts’ commercial developers has named a new president and board chair for 2020.
Kmart’s pending closure at Somerville’s Assembly Marketplace could open the door for redevelopment of a 6-acre big-box property next to the successful Assembly Row project.
Berkeley Investments has begun a 300,000-square-foot speculative redevelopment in Malden Center, where it’s marketing space at the former bank data center to office and R&D tenants.
Colonies of Italian honeybees are making a home at Somerville’s Assembly Row and Wellesley’s Linden Square as part of developer Federal Realty Investment Trust’s new partnership with a beekeeping service.
Construction of PUMA North America’s new North American headquarters is under way in Somerville.
Somerville’s Assembly Row has landed another high-profile corporate tenant with PUMA North America’s lease of 150,000 square feet, representing 50 percent of the new office building under construction at 455 Grand Union Boulevard.
Federal Realty executives say it’s likely they’ll break ground on more office space and multifamily housing at Somerville’s Assembly Row by next spring.
Imagine if you spent $15 million on a swimming pool and your new neighbors started dropping by every day for a dip.
Federal Realty Investment Trust has sold a 56-unit apartment complex that it developed in 2013 to a Braintree-based John M. Corcoran & Co. for $14.76 million.
Federal Realty Investment Trust has come up with an unusual way to fill unoccupied parking lot space at seven of its shopping centers in Massachusetts.
The passionate response to Assembly Row continues to exceed our expectations. Whether people are coming here to shop, eat or be entertained, whether to live or to work, they tell us how they discover something new each time they visit.
The $285 million second phase of development at Somerville’s 3.4-million-square-foot Assembly Row development will include 20 restaurants and retailers opening by year’s end, developer Federal Realty Investment Trust said.
A topping-off ceremony Thursday marked progress on construction of the 122-unit Alloy condominium tower at Somerville’s Assembly Row.
Federal Realty Investment Trust has paid $25.2 million to acquire 100,000 square feet of retail space in Partners HealthCare’s new 825,000-square-foot office complex at Assembly Row in Somerville.
