Life Science Firm Inks Lease for Up To 50K SF in Burlington
A company that provides consulting and production services for early-stage biotechs has signed a lease for a flex building across Route 128 from the Burlington Mall.
A company that provides consulting and production services for early-stage biotechs has signed a lease for a flex building across Route 128 from the Burlington Mall.
Accordia Partners’ plans for a nearly 6 million square-foot development in Dorchester join a series of high-profile projects bringing large-scale multifamily units, office space and hotel rooms to the Morrissey Boulevard corridor.
Nordblom Co. is hoping to wow potential “new economy” with their reimagining of the former Boston Globe headquarters in Dorchester into a mix of 300,000 square feet of office space and 300,000 square feet of flex/light industrial space.
Office vacancies continued to fall in Boston while developers broke ground on projects that will add 2 million square feet of new workspaces in the second quarter.
Developers have begun a speculative 235,000-square-foot office building to tap into demand for class A space in Boston’s South End.
Design and engineering firm Stantec will relocate its Burlington offices to a nearly 47,000-square-foot second-floor location in the Network Drive office park.
A fully occupied office building in Reading has sold for $32.25 million after attracting four corporate headquarters tenants.
Burlington-based developer Nordblom Co. has filed plans to redevelop the Boston Globe’s former 16-acre property in Dorchester as “The BEAT (Boston Exchange for Accelerated Technology),” reconfiguring the 695,000-square-foot building as a multitenant space for the tech, life science and advanced manufacturing sectors.
Nordblom Cos. has sold two buildings in Marlborough to Minardi Metrowest Properties of Oxford.
Nordblom Co., in partnership with Alcion Ventures, announced this week that they have purchased 135 Morrissey Blvd. – the former Boston Globe headquarters – a 700,000-square-foot building on 16.5 acres in Boston.
Burlington-based developer Nordblom Co. and partner Alcion Ventures of Boston are expected this week to complete their acquisition of the Boston Globe’s 16.6-acre Morrissey Boulevard property which is slated for conversion into a light industrial complex.
Two more Boston parking garages are under new ownership with purchasers paying $284.2 million to acquire sites in the thick of the city’s ever-growing list of development hotspots.
Three financial institutions are among those highlighted in this week’s roundup.
Eliassen Group has signed a seven-year lease for 25,000 square feet at 55 Walkers Brook Drive in Reading and will relocate its headquarters from Wakefield in early 2017.
Following Boston Redevelopment Authority approval late last week, Nordblom Co. and Rubenstein Partners will proceed with development plans for an 8-story, 230,000-square-foot office building in Boston’s South End.
The parent company of Archer Hotels has acquired a development pad on Nordblom Co.’s third Avenue retail boulevard in Burlington for its first New England location.
Burlington-based Nordblom Co. has sold 450 and 500 Donald Lynch Boulevard in Marlborough to Atlantic-Fulcrum Realty LLC, a joint venture between Atlantic Management Corp. of Framingham and Fulcrum Real Estate Partners of Needham.