Amid CRE Slowdown, Opportunities in Play
2024 promises to be a year of reckoning for many Boston-area commercial property owners as rising vacancies and expiring mortgages threaten their once-lucrative business plans.
Gillette Moving Manufacturing, Could Sell Southie Site
Manufacturing at Gillette Co.’s South Boston campus will relocate to Andover within three years, potentially opening up 31 acres of Seaport District real estate for redevelopment.
455K SF Lab Project Proposed at Former Gillette Property
The developer of a lab complex in South Boston is set to pursue a larger project in Fort Point on a former Gillette Co.-owned parking lot.
Life Science Developer Buys Portion of Gillette Campus
With average asking rents for lab space nearing triple digits, life science developers have won bidding wars for recent sites hitting the market in Boston’s Seaport District.
Gillette Seeks Flexibility to Redevelop Campus
As it studies future options for its 34-acre World Shaving Headquarters property in South Boston, Gillette Co. is seeking to remove some state oversight over what could be built next on portions of the prime waterfront real estate.
Related Beal Files Plans for 1.1M SF A Street Project
A possible realignment of the Boston Harborwalk and earthen berm designed to repel Fort Point Channel storm surges are proposed as part of Related Beal’s new 1.1-million-square-foot development in Boston’s Seaport District.
1.1M SF Development Eyed for Related Seaport Parcel
The new owners of a 6.5-acre property along Boston’s Fort Point Channel plan to build 1.1 million square feet of housing and commercial space on one of the Seaport District’s prime development sites.
Bailing Out the Boston Waterfront
Waterfront barriers, living shorelines and elevated roads from East Boston to Dorchester are key elements of Boston’s resiliency strategy to protect billions of dollars in real estate from rising seas.
