Robotics Campus Gets $92M Financing Deal
A Wilmington business campus that’s fully leased to robotics, R&D and distribution tenants received $92 million in financing.
Self-Storage to Labs Swap Sought in Charlestown
Just 13 days after buying a three-parcel industrial site in Charlestown for $74.5 million, developer Related Beal is seeking to demolish the 645-unit CubeSmart Self-Storage facility at 420 Rutherford Ave. to build a 101,000-square-foot R&D building.
COVID-19 Could Permanently Change CRE Models
The spread of the coronavirus could lead to permanent changes in commercial real estate, including increasing reliance on remote working, online shopping and medtech integration, JLL predicts.
Retrofitting Suburbia
Well-situated Route 128 communities such as Burlington, Needham and Waltham have resuscitated moribund office parks with multifamily housing, restaurants and retail, enhancing their appeal to corporate employers tempted by downtown options. Can towns along the Interstate 495 belt duplicate their success?
Taurus Is Bullish On Industrial Real Estate
Peter Merrigan just raised $250 million to spend on real estate over the next 18 months, and he’s looking to buy industrial properties.
