MedTech Firm Renews 128K SF in Andover

Medtech company Dräger Medical Systems will retain its North American headquarters in Andover after signing a 128,000-square-foot lease renewal with plans for a building improvement program in the next 18 months.

‘Lunch Bucket’ Towns Join the Million-Dollar Home Club

Million-dollar home sales are starting to pop up in some of the unlikeliest places as prices across Massachusetts shatter records. A decades-long slump in new residential construction in the Boston area has created a dire shortage of homes for sale, driving up prices across the board and putting a premium on anything new or recently renovated.

Spec Industrial Pipeline Responds to Market Changes

Industrial development is ramping up to the highest levels seen in the current real estate cycle, driven by a group of large speculative projects designed to satisfy shifting shopping patterns and the Massachusetts building industry’s demand for storage space.

Surplus Money Could Fund Disaster Relief, DeLeo Says

Last year’s state budget surplus could provide funding to help Merrimack Valley residents and businesses struggling to recover from an ongoing natural gas emergency, according to House Speaker Robert DeLeo, who said he’s confident that lawmakers would unite around an aid package, if necessary.