Urban Edge Buys Hyde Park Retail Property
A neighborhood retail center in Boston’s Hyde Park has been acquired by Urban Edge Properties for $32.9 million.
Greystar Launches Lab Pipeline in Somerville
The nation’s largest apartment developer chose Somerville for its entry into life science development, kicking off its first project in the emerging Assembly Square lab cluster.
Oliver-Bain Partnership Buys Potential Last-Mile Distribution Center in Lowell
A partnership between Boston-based Oliver Street Capital and Bain Capital Real Estate acquired a vacant single-story building on Lowell’s Industrial Avenue for $10.6 million.
New Wilmington Development Gets $39.1M in Financing
A 214,440-square-foot Wilmington industrial development that broke ground in late winter received $39.1 million in construction financing.
Lincoln Property Adds to Industrial Portfolio with Middleborough Acquisition
A Plymouth County manufacturing company leased back its Middleborough property after Lincoln Property Co. acquired the 30,050-square-foot facility for $4.15 million.
Holliston Manufacturer Gets $31.4M from Sale-Leaseback
A sale-leaseback of its 13.5-acre Holliston property will deliver $31.4 million to a precision manufacturing company.
Berkeley Investments Plans GMP Development in Billerica
Billerica manufacturer Cabot Corp. is maximizing the value of its real estate with the sale of an adjacent parcel for a biomanufacturing plant to be developed by Boston-based Berkeley Investments.
Developer Relocates and Expands with Middleton Lease
The Procopio Cos. is relocating from Lynnfield to Middleton and expanding its headquarters following the lease of new offices at 35 Village Road.
Personnel File – No. 277
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
IT Firm Monetizes Real Estate in Sale-Leaseback
An information technology services company is cashing in on demand for industrial properties in the Boston suburbs with a $21.7 million sale-leaseback of its global headquarters.
Reinvented Offices Await Workers’ Verdicts
As the pandemic appears to recede, companies puzzling over how to revive dormant offices don’t have a proven roadmap to guide their real estate decisions, but several common threads are emerging among Boston-area businesses that have recently relocated or signed leases.
Robotic Valets Take Over Parking Duties
The ever-rising cost of land and construction in Greater Boston is leading many developers to opt for automated parking garages in new condominium, office and mixed-use projects alike.
Tracking How Commercial Buildings Measure Up
JLL’s recent $300 million acquisition of Boston-based proptech company Building Engines, headed by CEO Tim Curran, brings together one of the world’s largest brokerages and a leading provider of building data and operations programs.
Plant-Based Startup Leases Fermentation Plant in Northborough
A Boston-based startup developing improvements to plant-based foods leased a former biomanufacturing facility in Northborough for three new pilot production plants.
Athletic Footwear Company Pioneers Leasing at The Beat
A Boston-based footwear company founded by former Reebok employees is the first tenant to commit to redevelopment of the former Boston Globe headquarters.
Life Science Tenants Fill Up Burlington BioCenter
After failing to secure an office tenant for its Burlington Woods Drive spec development, Gutierrez Cos. decided to test the 110,000-square-foot building’s desirability among life science companies.
Back Bay Office-Retail Project Gets $56M in Financing
Construction of a Back Bay office-retail complex will begin this month after a pair of New England banks provided $56 million in financing.
Personnel File – No. 272
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Waltham Spec Development Gets 297K SF in Life Science Leases
Hobbs Brook Real Estate’s bet on Route 128 life science growth has paid off with two new leases that bring its 507,000-square-foot office-lab development in Waltham up to 90 percent leased before completion this spring.
Malden’s New Look is No Accident
Situated along a river just north of Boston is a city that has long served as a gateway for immigrants, has a proud history of innovation and key mass transit connections. But it’s not Somerville or Cambridge.
