These Real Estate Turkeys Should Be Toast
State and local officials have been kind to us this year, producing a bumper crop of overcooked ideas, from sitting on billions of federal relief dollars to pushing for a return of rent control.
State and local officials have been kind to us this year, producing a bumper crop of overcooked ideas, from sitting on billions of federal relief dollars to pushing for a return of rent control.
North Andover-based The Fermin Group is among the 10 most productive Latino real estate agent teams in the nation, according to the National Association of Hispanic Real Estate Professionals, or NAHREP.
A utility company blamed for a series of natural gas explosions in the Merrimack that left one person dead and damaged dozens of homes has agreed to plead guilty to breaking pipeline safety laws,
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.
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.
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.
Amazon’s under-construction 17-story tower in Boston’s Seaport District won’t be the company’s only new expansion in Massachusetts. The company has reportedly inked a deal for space at a 2 million-square-foot commercial property north of the city.
The utility company involved in last month’s explosions and fires in Massachusetts said it has replaced nearly 36 miles of main pipeline in the area.
The former location of a gymnastics facility has been renovated and expanded into the new home for GracePoint Community Church at 25 Orchard Hill Road, North Andover.
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.
Gov. Charlie Baker on Friday afternoon declared a state of emergency in the wake of a series of gas fires and explosions in the Merrimack Valley, handing over control of the response to Eversource in place of the local utility that Lawrence Mayor Dan Rivera said had been “hiding from the problem.”
MassDevelopment has issued a $29.7 million tax-exempt bond for Merrimack College in North Andover and Andover.