GE Leases Offices at One Financial Center
GE will relocate its Boston offices across Fort Point Channel to One Financial Center after leasing approximately 30,000 square feet in the office tower near South Station.
Former GE HQ Marketed for Lab Conversion
A Fort Point office building that served as General Electric’s headquarters when it moved to Boston is being marketed for a potential life science conversion.
GE Pitches Cement Made from Recycled Wind Turbine Blades
Addressing the waste generated by a growing clean energy source, GE Renewable Energy on Tuesday announced an agreement with Veolia North America to recycle blades removed from its on-shore wind energy turbines in the United States.
Jack Welch, the GE Chief Who Became a Superstar, Dead at 84
Jack Welch, who transformed General Electric Co. into a highly profitable multinational conglomerate and parlayed his legendary business acumen into a retirement career as a corporate leadership guru, has died. He was 84.
Suffolk Hires Ex-GE Exec Ann Klee as EVP
Boston-based construction giant Suffolk tapped former General Electric Vice President Ann Klee as its new executive vice president Monday.
A Marathon Growth Cycle Rolls On
Ryan Enright has been active in Boston commercial real estate since 1997, and during that time he’s brokered more than 800 transactions in the core downtown neighborhoods. Enright joined JLL Boston’s downtown leasing team nearly five years ago, after 17 years representing Equity Office Properties’ Boston portfolio.
Lawmaker Pitches Plan to Repurpose Money from GE Tax Breaks
On the heels of news that General Electric plans to reimburse $87 million in incentives associated with relocating its headquarters to Boston, a state senator is calling for those funds to be reinvested in Massachusetts vocational schools.
Finding Solutions to Boston’s Carbon Emissions Challenge
Addressing the impacts of climate change will require a serious commitment from all levels of government throughout the world, but the action plans for metropolitan Boston must be homegrown.
GE to Take $6.2B Charge Tied to GE Capital
General Electric is taking a $6.2 billion after-tax charge in the fourth quarter tied to its review and reserve testing of GE Capital’s runoff insurance portfolio. GE Capital will also suspend its dividend to GE for the foreseeable future.
Bloomberg: GE Nears Sale Of Its Industrial Unit To ABB
General Electric Co. is nearing a deal to sell its industrial solutions unit to Swiss engineering company ABB Ltd. in a deal valued at $2.5 billion to $3 billion, Bloomberg reported, citing people with knowledge of the matter.
GE Shifts Strategy, Financial Targets For Digital Business After Missteps
General Electric Co. wants its industrial software business to cut costs and lift profits next year under new CEO John Flannery, and is considering expanded partnerships and the possible sale of some equity in the unit, according to people familiar with the business.
GE CEO’s Departure Ruffles Local Feathers
Many of us have been living in a happy little bubble when it comes to General Electric and its headquarters move to Boston.
GE Gets New CEO Ahead Of Boston Move
John Flannery has been named CEO of General Electric, effective Aug. 1.
Hot Property: May 15, 2017
General Electric has broken ground on its new global headquarters on Necco Way in Boston’s Fort Point.
Innovation Point Groundbreaking Set For May 8
Gov. Charlie Baker and Boston Mayor Marty Walsh will again meet up with GE officials next month to mark another milestone in the company’s relocation.
Accelerating Innovation At Corporate Headquarters
Whatever the size of your real estate portfolio, when planning and designing built spaces, one has an extraordinary opportunity to enable and enhance performance of people and the systems that support the environment.
MassDevelopment, GE Pay $83M For Fort Point Properties
MassDevelopment has acquired two buildings for $57.4 million at 5 and 6 Necco Court, which it will lease to General Electric as part of its new headquarters in Boston’s Fort Point.
Citizens Lends $90M For GE HQ Project
MassDevelopment and General Electric have completed acquisition of 2.5 acres and two historic brick buildings in Boston’s Fort Point for GE’s new world headquarters.
Next Chapter In Life Of Lynn GE Property Emerges
A proposed 1,260-unit housing development at the 65-acre former General Electric Gear Works property in Lynn would include residents-only access to a commuter rail platform two stops from Boston’s North Station.
GE HQ Clears Another Hurdle
General Electric’s $200 million permanent headquarters cleared another permitting hurdle as it received final approval from the Boston Planning and Development Agency Tuesday.
