Lender Takes Over South End Properties from Lab Mega-Landlord
BioMed Realty wanted to make 321 Harrison Ave. and 1000 Washington St. an extension of Boston’s life science cluster. But demand for lab space has crashed.
Hot Property: International Place
A $100 million repositioning project nearing completion includes the Aries Club, a tenant amenity that includes collaboration space, a lounge and bar.
Cambridge Crossing Lab Tower Refinanced for $341M
Cambridge Crossing developer DivcoWest refinanced its newest lab tower at Cambridge Crossing with $341.3 million from KKR.
Wu Defends Tax Policy to Business Group
Mayor Michelle Wu defended Boston’s tax policies and rejected budget cuts as economic development strategy in a speech to business executives today.
KKR Inks 133K SF Lease at International Place
Private equity giant KKR is establishing a major presence in downtown Boston with the signing of a 15-year lease for 132,529 square-foot lease at The Chiofaro Company’s Two International Place.
Hot Property: Cambridge Consultants’ Office
Cambridge Consultants’ new office in Boston’s Seaport District includes a floor plan inspired by the British consultancy’s logo by creating a pair of outer and inner workspaces.
‘Nothing is Off the Table’ for Office Deals in 2023
Office tenants have never had more options to choose from in Boston, and it’s continuing to widen the the chasm between the class A and B space.
South Korean Investors Buy Post Office Square Portfolio
Related Beal’s 372,000-square-foot Congress Square property overlooking Boston’s Post Office Square has been recapitalized for $342 million with a pair of South Korean investors, Hana Financial and KTV Asset Management, acquiring a 95-percent ownership share.
Skanska Sells Seaport Office Tower to KKR
New York-based investor KKR and Synergy Investments of Boston have acquired a Seaport District office building from original developer Skanska.
KKR Buys Seaport High-Rise for $332M
A year-old Seaport District apartment tower touted for its high-tech resident amenities has been acquired by New York-based Kohlberg Kravis Roberts Inc. for $332 million.
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.
