Biogen Reportedly Scouts Volpe Move
Biogen is reportedly in negotiations to lease up to 500,000 square feet as the first tenant at MIT’s redevelopment of the Volpe Center property in Cambridge.
Holyoke Seeks an On-Ramp to Mass. ‘Climate Corridor’
As MIT-trained scientists pursue clean energy breakthroughs at Cambridge and Somerville incubators, Gateway Cities are seeking to capture a share of Massachusetts’ growing decarbonization economy.
Everyone Wants a Piece of Biotech Startups
As life science tenant space requirements become scarcer in the more conservative venture capital climate, Boston area developers are adapting to the new leasing landscape with incubator space aimed at small startups.
Hot Property: Boeing Aerospace & Autonomy Center
At Boeing’s newly-completed Aerospace & Autonomy Center in Kendall Square, researchers from its Aurora Flight Sciences division are developing software used in flight simulators and unpiloted air taxis.
The Hottest Property: MIT’s Building 20
Every week, Banker & Tradesman highlights a piece of commercial real estate that’s the subject of some hot news. For our 150th anniversary, we’re focusing on what is arguably the most important piece of private real estate in Massachusetts history.
Hot Property: BioMed East Coast HQ
BioMed Realty’s new East Coast headquarters will occupy a single-story, 25,000-square-foot buildout in the Site 5 Building of MIT’s campus gateway at Kendall Square, serving the existing team of 50 employees with room for expansion.
Hot Property: One Broadway
A repositioning project inspired by hotel designs injects warmth and vibrancy into the 4,500-square-foot lobby of MIT’s One Broadway office tower in Kendall Square.
Former MIT VP Raises $4.5M for Construction Tech Startup
Former MIT Vice President Israel Ruiz has raised a $4.5 million seed investment from his former employer to launch WoHo, a technology platform intended to streamline the building design and construction process.
Berkshire Ex-EVP Lands at MIT
A former top executive at Berkshire Bank who left in the wake of former CEO Richard Marotta’s sudden departure this summer has landed at MIT’s Sloane School of Management.
MIT Joins BU in Allowing Some Undergrads to Return in Fall
At least a portion of students at the Massachusetts Institute of Technology will return to campus in the fall, the university announced Wednesday, joining Boston University in deciding to return, at least in part, to on-campus learning.
Sublease Market Spikes as Companies Rethink Real Estate
Local commercial real estate researchers are tracking nearly 500,000 square feet of sublease space in Greater Boston that’s hit the market since mid-March as the area faces questions about the future of office space and a sizable construction pipeline.
MIT to Swap Parking Lot for 550-Bed Dorm
With the construction of a newly-announced dorm, MIT says it will complete a two-year-old pledge to reduce pressure on the Cambridge, Somerville and Boston housing markets by boosting its graduate student housing by 50 percent.
Alexandria Joins Harvard-MIT Biomedical Innovation Center Team
One of Boston’s largest life science developers is joining hands with MIT, Harvard and five of the region’s top hospitals in a consortium to build a facility that can spark the next generation of biomedical innovation and manufacturing in Greater Boston.
MIT-Linked Incubator Takes 200K SF in Central Square
An MIT-affiliated tech incubator firm will expand to an underused university-owned building elsewhere in Cambridge’s Central Square as it seeks 200,000 square feet of shared office, fabrication and lab space.
Bulfinch, Partner Buy Piece of MIT Property in $1.1B Deal
Massachusetts Institute of Technology is selling a partial ownership of its 1 Portland St. and 610 and 700 Main St. office and lab buildings to Boston-based Bulfinch Cos. and Harrison Street Capital in a deal valued at $1.1 billion, or $1,626 per square foot.
Pioneering Woman in Boston Construction Industry Dies
Natalie Adelman Taub, one of the first women to helm a Boston construction firm, died on March 23, according to an obituary posted this weekend by Levine Chapels of Brookline.
Worker Killed at MIT Construction Site in Cambridge
A worker at an MIT construction site on Cambridge’s Vassar Street was killed in an “industrial accident” Thursday, Middlesex District Attorney Marian Ryan’s office said in a statement.
Office Landlords Add Smartphones to Amenity Arsenal
For office landlords competing to land the next big lease or hang onto an existing tenant, the latest must-have amenity is one you can slip in your pocket.
MIT to Renovate Met Warehouse for Architecture School
The ground floor will be dedicated to the campus’s largest makerspace open to all of MIT, overseen by Project Manus, and an auditorium, galleries and convening spaces.
When Speculative Projects Seem Like a Sure Bet
Maybe there’s a better term than “speculative” to describe commercial development in Cambridge, where tech and life science tenants are eager to commit to office and lab space before shovels are in the ground.
