Apartment Investor Makes Fourth Mass. Acquisition
The acquisition of a Hudson apartment complex near Interstate 495 brought a Los Angeles multifamily developer’s Massachusetts portfolio to 647 units.
Suburbs Lead Latest Round of Apartment Rent Increases
Apartment rents in Greater Boston rose the fastest of the 51 largest U.S. metros during the past six months, with rapid acceleration in suburban markets such as Medford, Norwood and Woburn.
JAG Submits Mission Hill Development Plan
A two-story parking garage next to a Mission Hill apartment tower would be redeveloped a mid-rise rental complex by owner Jefferson Apartment Group.
Jefferson Proposes Apartments Next to JVue Tower
A 150-unit apartment building is the latest proposal making Mission Hill a favored location for multifamily development in Boston.
Personnel File – No. 275
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Five Haverhill Redevelopment Proposals Released
Five developers are seeking to develop hundreds of housing units at a city-owned property that’s been viewed as a linchpin of downtown Haverhill’s resurgence.
40B Development Breaks Ground in Woburn
A 168-unit apartment complex approved under the Chapter 40B affordable housing law is set to begin construction in Woburn with developers targeting a completion date in late 2022.
Korean Chicken, Starbucks Coming to New Malden Developments
A Korean fried chicken chain and a Starbucks cafe will become the newest additions to Malden Center’s retail scene.
Five Firms Seek to Lead Downtown Haverhill Redevelopment
Five developers have submitted plans for housing and commercial space on a 4.5-acre Haverhill property that’s viewed as a linchpin of downtown revitalization efforts.
A Harder Line on Housing Production?
A new analysis shows what’s at stake under Massachusetts’ transit-oriented zoning reform, potentially opening up nearly 31,000 acres near MBTA stations in Greater Boston for multifamily development.
Bakery Joins Retail Roster at J. Malden Center
Malden Center’s signature development project has signed a French-Asian bakery franchise as a tenant and announced the opening of another retail anchor, the MaldenCenter Fine Wines Shop.
COVID, Protests Cause Disruption in Commercial Real Estate
As the commonwealth moves through Phase II of reopening, it’s hard to imagine the economy heading back to “normal” anytime soon. Many are even questioning if getting back to “normal” should be the goal.
Norwood Apartment Property Sold for $103.6M
A joint venture has sold a 262-unit apartment complex completed in 2016 for $103.6 million to Cottonwood Communities, a Salt Lake City-based multifamily REIT.
Jefferson Plans Upgrades After $33.5M Hudson Acquisition
Jefferson Apartment Group and Principal Real Estate Investors have acquired Highlands at Hudson, a 158-unit apartment complex in Hudson with plans to renovate units and upgrade its amenity package.
298-Unit Longwood High-Rise Sold
A partnership between Jefferson Apartment Group and LaSalle Investment Management have bought a large apartment high rise in the Longwood Medical Area.
Malden Center Development Inks First Retail Leases
Jefferson Apartment Group’s redevelopment of the former Malden City Hall property into a 320-unit apartment complex has signed its first two retail tenants as construction nears completion this summer.
Apartment Developer Kicks Off $1B Fund With Boston Acquisition
A developer active in Malden Center’s transformation is teaming up with a real estate fund with plans to acquire $1 billion in apartment properties, including its initial investment in a Boston high-rise.
Filling the Gaps in Medford Square
Revitalization strategies for Medford Square sat in binders over the past decade while business districts in Somerville and Malden Center picked up momentum. Now this inner suburb of 58,000 is looking at 2 acres of asphalt as the foundation for a downtown makeover
Malden Tests Office Market Growth
An Assembly Row-style apartment and retail development is rising in Malden Center where an imposing government center complex had blocked the path into downtown.
