BXP Outlines $1.9B Disposition Strategy
BXP executives outlined plans to sell 23 properties and concentrate investments in “premier workplace assets” in coastal urban markets.
One Lincoln Raises Stakes with $100M Office Upgrades
When close to 1,000 HarbourVest employees head to the office, they have access to an amenities package worthy of a luxury condominium tower.
High-End Buildings Keep Lead in Q3 Boston Office Leasing
A virtual city located under one roof, the 1 million square-foot Winthrop Center tower in downtown Boston has a food hall, health clubs, billiard room and even a “Club VIP” doggy daycare.
Office Growth Expected, Except Among Largest Companies
A growing majority of office tenants plan to expand their real estate footprints in the next three years, according to a nationwide survey of occupier sentiment.
Elkus Manfredi Picked to Design South Station Offices
The first office tenant to lease space in the new South Station Tower selected Boston-based Elkus Manfredi Architects to design its 41,000 square-foot workspace.
Fidelity Investments Offers HQ for Lease
Fidelity Investments has indicated it will vacate its headquarters near Boston’s South Station in entirety after it opens its refurbished Commonwealth Pier offices in the Seaport District.
Landlords Pursue Law Firms with High Concessions
Law firms in the market for new office space in Boston are in a strong negotiating position to extract heavy tenant concessions from landlords, according to a new brokerage report.
DOGE Cuts Weigh on Newton Office REIT
The Trump administration’s “broad-based and unpredictable” plans to slash the federal government’s office footprint add a new element of uncertainty to the finances of a Newton-based office REIT.
South Station Tower Gets Largest Office Lease
The parent of Waltham-based Hobbs Brook Real Estate is expanding its Massachusetts presence with a new office at Boston’s South Station tower and new research facility scheduled to open in Norwood.
Southline Reportedly in Mix for Hasbro HQ
Hasbro’s search for a new headquarters could bring hundreds of jobs to the Southline complex which has struggled to establish a new life science cluster in Dorchester following the Boston Globe’s departure.
Boston Trails Competitors in AI Real Estate Growth Prospects
Greater Boston lags many large U.S. metros in capturing new tech industry growth, according to a new brokerage analysis.
More Slippage for Boston Office Market in Q4
Leasing activity remained in the doldrums at the end of 2023, contributing to another uptick in Boston office vacancies.
A Rare Low-Rent Deal Materializes in South Boston
A Portland, Maine exchange program organizer is marketing 45,000 square feet of new office space to nonprofits at 69 A St. in South Boston.
Winthrop Center Adds 138K SF Office Lease
Deloitte will relocate from Back Bay to the newly-completed Winthrop Center tower in the Financial District after leasing 138,000 square feet from developer MP Boston.
Hot Property: 117 Kendrick St.
A series of recent leases and tenant expansions at 117 Kendrick St. has brought the 213,000-square-foot office-and-lab building up to 92 percent occupancy.
Future of Rent Acceleration Clauses in Doubt
Commercial leases typically give landlords several rights and remedies when tenants default. But for some landlords these remedies are not enough, so they add rent acceleration as an additional remedy.
Office Designs with a Sense of Purpose
For too long, office design was about a kit of parts – matching desks, file cabinets, chairs – all easily rearranged on a dime. The advent of hybrid work changed all that.
BXP: Pru Observatory Expected to Become Event Draw
The pending reopening of a new observatory at the Prudential Tower is attracting widespread interest as Boston’s newest location for private events with commanding views, Boston Properties executives said.
Suburbs Outperform Downtown Office Demand, BXP Says
Boston Properties executives spotlighted recent leasing activity in the Route 128 office and lab market while acknowledging a current lack of interest in large downtown office expansions.
New PUMA HQ Reflects Changing Workplace Culture
As Boston-area companies sort their way through return-to-office plans, PUMA has a distinct advantage: a newly-minted headquarters in a 14-story office tower that includes perks ranging from a rooftop beer garden to a playing court atop the parking garage.
