A Northern Heading for Business Growth
Massachusetts’ North Shore, a bubbling biotech, microelectronics and industrial tech hub, presents several desirable characteristics for companies looking for new headquarters and manufacturing expansions.
2020: A Different Year, But One with Silver Linings
We’re very optimistic about the real estate market in 2021 and beyond. Yes, there has been some hesitancy – and some soul-searching – by both buyers and sellers. But signs are hopeful.
Historic Salem Diner Could Find New Rooftop Home
A historic Salem diner threatened by expansion plans at Salem State University could find a new home as a rooftop eatery in the city’s downtown.
Courthouse-to-Condos Transformation Begins in Salem
Two developers are teaming up to bring a $20 million condominium project to downtown Salem, replacing a Brutalist-style courthouse with 61 units of market-rate and affordable housing.
Lynn Asks for More Frequent Commuter Rail Service at Subway Prices
The city delegation has long pushed for better connectivity between Boston and the North Shore, lamenting the congested highways and tunnels many residents endure to get to work.
Peabody Retail and Apartment Portfolio Trades for $17M
Real estate investment firm ViceRoy Capital Management has bought a 149-unit, 11-building mixed use portfolio in downtown Peabody for $17.2 million.
Deutsche Bank Lends $61M for Malden Spec Redevelopment
Berkeley Investments has begun a 300,000-square-foot speculative redevelopment in Malden Center, where it’s marketing space at the former bank data center to office and R&D tenants.
North Shore Bank and Beverly Bank to Merge
Two mutual banks in the North Shore are planning to merge, creating a $1.35 billion-asset institution with 18 full-service branches locations throughout Essex County and southern New Hampshire
Spring Will Be a Seller’s Market – If Sellers Don’t Blow It
The Massachusetts real estate market is poised for another seller’s market across large swaths of the state this spring – as long as sellers keep their expectations in check and don’t ask for overly high prices, market-watchers say.
North Shore Commuter Bus to Shut Down
Some North Shore commuters are scrambling to find a new way to get to work in Boston after a company that has provided commuter bus service for decades announced that it will make its last trip later this month.
Widett Circle Food Vendors Eyeing Move to Revere Necco Site
The wholesale food cooperative based at Boston’s Widett Circle is focusing on Revere’s former Necco factory for a new home, potentially clearing the way for redevelopment of their coveted 19-acre site along the Southeast Expressway.
North Shore Businesses Look to Form Own ‘Last Mile’ Transit Agency
North Shore business leaders frustrated at “last mile” gaps between the MBTA’s current routes and job centers are considering forming their own transit agency.
Ridership Down On the MBTA, Except For the Blue Line
The rising cost of MBTA pensions has board members concerned about the long-term stability of the retirement program for an agency where ridership over the first three months of the budget year dipped nearly 2 percent.
Bringing an Urban Perspective to North Shore Development
Sarah Barnat’s career in real estate development has spanned projects in two of Boston’s fastest-changing neighborhoods, South End and East Boston, as a project manager for Trinity Financial and National Development.
Stoneham Police Arrest Alleged Serial Bank Robber
An alleged serial bank robber who targeted four banks on the North Shore has been arrested.
YMCA Of Ipswich Expands Via MassDevelopment Bond
MassDevelopment has issued a $6.15 million tax-exempt...
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