Needham Office Campus Gets $73M Mortgage from Barings
A Needham office campus that sold last year for $132 million received $72.6 million in financing from Barings.
Wrentham Spec Development Gets 71K SF Tenant
A Wrentham high-bay warehouse development secured a 71,350 square-foot lease with a defense contractor.
Marine Park Development Includes Commercial Space, Fire Station
A South Boston property that previously was home to a seafood processing plant in would be redeveloped as industrial space and a new Boston Fire Department station under plans submitted by a development partnership.
Biotech Lease Fills Waltham Lab Project
A biotech company doubled its footprint at a 143,533 square-foot lab building in Waltham, completing the lease-up at the office-to-lab conversion project.
BXP Sells Needham Campus for $132M
BXP sold its 140 Kendrick St. office campus in Needham to a partnership of Lincoln Property Co. and Cross Ocean Partners for $132 million.
Dolan Picked to Head Lincoln Property’s New England Brokerage
Veteran commercial real estate executive John Dolan is headed to Lincoln Property Co. to lead its New England brokerage operations.
Willow Bridge Property Submits 369-Unit Waltham Development Plans
An industrial property near Route 128 would be redeveloped as a 369-unit apartment complex under plans set to be reviewed by Waltham officials this week.
As Labs, Offices Struggle, Massport Open to Renegotiating Ground Leases
Massport is sounding out landlords who ground-lease its properties about modifying terms, reflecting the difficult commercial real estate climate in Boston.
MBTA Seeks to Fix Fatal Flaw in Its Real Estate
The MBTA owns prime locations for real estate development but efforts to build on them have a history of lengthy delays and missed opportunities. Could that be changing?
Boston-Area Lab Leasing Hits Post-Pandemic Low
Lab leasing in Greater Boston declined to the lowest level since the pandemic as life science companies shied away from real estate commitments in a frugal funding climate.
Waltham Spec Labs Get 70K SF Tenant
A speculative lab project in Waltham landed its largest tenant to date in a Framingham-based biopharma company.
Massport Restructures Lincoln Property Co.’s Seaport Lab Deal
Financial terms of a planned office-lab project in the Boston Seaport District were amended by Massport officials amid an increasingly difficult development landscape.
Supply Glut Prompts a Look Beyond Labs
Greater Boston’s 16 million-square-foot lab construction pipeline used to represent an exclamation point for the region’s life science industry. Today, it’s one of the biggest question marks in the local commercial real estate market.
Air Taxi Company Cleared to Land in Maynard
An engineering company that is developing an air taxi powered by hydrogen is opening new offices in downtown Maynard.
Boston Parking Tech Startup Gets Seed Funding
A Boston-based startup that provides automated...
BPDA Rejects Hyde Park Multifamily Project
Lincoln Property Co.’s proposal for a nine-building multifamily development in Boston’s Hyde Park neighborhood is being sent back to the drawing board.
176K SF Spec Warehouse Breaks Ground in Wrentham
Construction is under way for a 176,800-square-foot warehouse near Wrentham Village Premium Outlets, in a partnership between Lincoln Property Co. and private equity firm Stockbridge.
Three Seek to Redevelop Seafood Plant in Seaport
Three development teams emphasize sustainable designs and diverse project teams in submissions to develop a Boston Seaport District property as life science space.
For Boston Officials, Sustainability Begins at Home
A former seafood processing plant in South Boston will become the one of the first demonstration projects for Mayor Michelle Wu’s push to slash fossil fuel use in new developments.
BPDA Approves Harvard ERC, Seaport Lab Tower
The BPDA approved two big developments last night: Harvard University’s 900,000-square-foot research campus in Allston and a major life science project on a Massport parcel in the Seaport District.
