Is BERDO a Bellwether of the Boston Office Market?
New brokerage research uses a non-traditional yardstick to track office usage in Boston: power and water consumption disclosures under a city ordinance designed to reduce greenhouse gas emissions.
Costs Weigh on Boston Office Leasing Decisions
Higher construction costs associated with buildouts of new offices are pushing tenants towards lease renewals, rather than relocations, a new brokerage report says.
Seaport West Adding Earl’s Kitchen + Bar in 2027
Earl’s Kitchen + Bar announced plans for its second Boston location as landlord Pembroke revamps its Seaport District portfolio’s restaurant lineup.
Fidelity Investments Offers HQ for Lease
Fidelity Investments has indicated it will vacate its headquarters near Boston’s South Station in entirety after it opens its refurbished Commonwealth Pier offices in the Seaport District.
South Korean Investors Buy Post Office Square Portfolio
Related Beal’s 372,000-square-foot Congress Square property overlooking Boston’s Post Office Square has been recapitalized for $342 million with a pair of South Korean investors, Hana Financial and KTV Asset Management, acquiring a 95-percent ownership share.
Fidelity Kicks off Seaport World Trade Center Updates
One of the early corporate pioneers to settle in Boston’s Seaport District, Fidelity Investments has seen the surrounding neighborhood grow into an 11-million-square-foot office market occupied by a broad range of industries including law firms, tech startups and life science companies.
R.J. Kelly Buys Leased Framingham Office Property
A Framingham office building that’s 100-percent leased to tenants including Fidelity Investments and Liberty Mutual has been acquired by Burlington-based R.J. Kelly Co. for $12.4 million.
Fidelity Buys Back HQ Property for $728.5M
An affiliate of Fidelity Investments has reacquired the 910,000-square-foot office building that’s served as Fidelity’s corporate headquarters since 2012 for $728.5 million.
Turner and Janey Construction Will Partner on Fidelity’s Seaport Project
Turner Construction and Boston-based Janey Construction Management will partner on redevelopment of Fidelity’s 750,000-square-foot Seaport World Trade Center.
Fidelity Set To Revamp ‘Inhospitable’ Seaport Offices
Fidelity Investments will begin revamping its 750,000-square-foot Seaport World Trade Center office complex next year, consolidating office and meeting space and adding new outdoor amenities and retail space.
Dowtown Crossing Building in Appraisal Case Sold for $22M
A mixed-use building in Boston’s Downtown Crossing shopping district at the center of a court case over appraisers’ conflicts of interest has been sold for nearly $22 million.
Fidelity Set to Modernize World Trade Center Offices
Fidelity Investments has unveiled plans to update its 750,000-square-foot Seaport World Trade Center office complex on the South Boston waterfront with new amenities including additional retail and event space.
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.
Seaport Reigns Supreme
What’s in a name? Apparently not much if it happens to be the “Innovation District.” Boston City Hall’s years-long, head-scratching attempt to rename the booming Seaport is officially dead.
Massport Board To Discuss Hotel Name Change
Developers of the $550-million hotel at 440 Summer St. said they’ll market the property as “Omni Boston Hotel at the Seaport” to avoid a trademark infringement claim by a rival property.
Hingham Man Pleads Guilty To Defrauding Investors
A Hingham man pleaded guilty yesterday in U.S. District Court in Boston in connection with defrauding neighbors and other acquaintances by agreeing to invest their money which he then stole for his own use or to pay off earlier investors.
Liberty Bay CU Moving Headquarters To Former Fidelity Office Space
Liberty Bay Credit Union signed a lease for space in a 4-story, 89,466-square-foot office complex in Braintree.
Fidelity Drops Credit Card Partners American Express, Bank Of America
Fidelity Investments said on Monday it is dropping...Fidelity: More Employees Saving, More Employers Auto-Enrolling
More than a million workers increased their 401(k)...
