Housing Starts to Fill Up Office Parks
Developers are pursuing plans for nearly 4,000 homes on sites currently occupied by office buildings, and more are in line for empty parcels in the same commercial parks.
L.A. Investor Adds Stoughton Apartments to Mass. Portfolio
A Los Angeles multifamily developer acquired a 179-unit Stoughton apartment complex as part of its focus on expanding its portfolio in supply-constrained Greater Boston.
Hot Property: Duo Chelsea
A 330-unit apartment complex scheduled to open in November includes a roof deck with Boston skyline views and proximity to the MBTA Silver Line’s Eastern Avenue station in Chelsea.
Developer Submits 466-Unit Housing Plan in Beverly
Braintree-based developer John M. Corcoran & Co. is resuming its efforts to develop 466 housing units on a Beverly property after a state Land Court ruled against town officials in an earlier proposal.
94-Unit Development Opens in Union Square
A recently-completed project by a trio of Boston-area developers created 94 apartments on a former plumbing company headquarters on the outskirts of Somerville’s Union Square.
Personnel File – No. 336
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s the latest edition of Banker & Tradesman’s Personnel File.
Personnel File – No. 324
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s the latest edition of Banker & Tradesman’s Personnel File.
Developers, Chelsea Officials Break Ground on Big Public Housing Revamp
City officials, representatives from Cambridge Savings Bank and developers from Marcus Partners, Joseph J. Corcoran Co. and John M. Corcoran & Co. broke ground Wednesday afternoon on a redevelopment of a Chelsea public housing project.
Central Gateway Project Includes Flexible Industrial Space
A joint venture’s second speculative development in central Massachusetts will deliver nearly 268,000 square feet of industrial space in the town of Leicester.
Lunenburg Spec Project Targets Central Mass. E-Commerce Demand
A pair of Boston-area developers have broken ground on a speculative 372,000-square-foot distribution center in Lunenburg, as demand for newly-constructed high bay industrial space spreads into central Massachusetts.
Quincy Transit-Oriented Apartments Sell for $54M
A Quincy apartment complex has traded hands for $54 million, according to public records.
JV Completes Transit-Oriented Apartments in South Weymouth
A newly-completed apartment complex steps from the MBTA’s South Weymouth commuter rail station is 60 percent leased in the first joint venture between a pair of local developers.
Marcus Partners Buys 107-Unit Portfolio
Boston-based Marcus Partners is looking to South Boston and Roslindale for multifamily investment opportunities with its $35.8-million acquisition of a 107-unit portfolio.
Corcoran Sells Norwood Apartment Complex for $270M
A Colorado multifamily investor has paid $270 million for a 914-unit apartment complex in Norwood steps from the MBTA’s Franklin commuter rail line.
Federal Realty Sells Chelsea Complex for $15M
Federal Realty Investment Trust has sold a 56-unit apartment complex that it developed in 2013 to a Braintree-based John M. Corcoran & Co. for $14.76 million.
Transit-Oriented Apartment Complex Gets Financing in Walpole
Construction of a 192-unit apartment complex has begun at 100 Elm St. in Walpole following the completion of a financing package.
Corcoran Acquires 914-Unit Norwood Apartment Complex
Braintree-based John M. Corcoran & Co. has acquired the 914-unit Berkshires at Windsor Gardens apartment complex in Norwood in a joint venture with an institutional partner.
