Students Complete Real Estate Entrepreneurship Program
More than two dozen students from Greater Boston completed the latest installment of a free internship program designed to provide pathways into the real estate industry.
Vertex Pharmaceuticals’ Fan Pier HQ Refinanced for $1B
Newton-based RMR Group refinanced its Boston Fan Pier property for $1 billion, a year after Vertex Pharmaceuticals renewed its lease for the 1.1 million square-foot office and lab complex.
Fan Pier Residential Tower Gets $215M Construction Loan
The Fallon Co. received a $215 million construction loan for a luxury residential tower at Boston’s Fan Pier, ending a lull in planned high-end housing projects in the urban core.
Vertex HQ Renewal Deals Blow to Lab Projects
Vertex Pharmaceuticals’ headquarters move to the Fan Pier in 2014 put Boston’s Seaport District on the map as a life science industry destination. Vertex’ reported decision to remain at the Fan Pier beyond 2028 deals a blow to a growing list of major lab projects still seeking tenants in the neighborhood.
Fallon Co. Gets OK for Development Next to New NFL Stadium
The developer of Boston’s Fan Pier is set to begin another signature project transforming an urban waterfront.
BPDA Approves 23-Story NU Dorm, 1.4M SF of Labs
A new Northeastern University dorm tower in Roxbury and lab developments in Charlestown and South End received approval from Boston Planning & Development Agency directors.
SVB Banker, Three CRE Figures Named ‘Outstanding Young Leaders’
Three figures in the local commercial real estate scene and one local banker were honored by the Greater Boston Chamber of Commerce.
Charlestown Lab Development Could Share Parking with Other Projects
Fallon Co. has filed updates to its proposed 812,000-square-foot life science research and development building in Charlestown’s Sullivan Square that include a pledge to explore sharing the project’s parking with future developments nearby.
Community Good Works
Brockton-based HarborOne Bank gave $25,000 to the Boys & Girls Club of Providence to renovate and expand the nonprofit’s Wanskuck Clubhouse. See who else gave back.
Taking an Attorney-Client Relationship to the Next Step
As a young attorney, Brian Awe got to work with Boston-based Fallon Co. as it permitted its signature waterfront project at Fan Pier. Now the company’s president, his career is coming full circle as the firm prepares to develop the project’s final parcel.
Wentworth Lab Project Will Be Hands-On Opportunity, Developer Says
Wentworth Institute of Technology’s partnership with private developers would bring a major life science expansion in Mission Hill and opportunities for student internships at a 640,000-square-foot lab complex along Huntington Avenue.
Wentworth Seeks to Expand Higher Ed Lab Boom
Wentworth Institute of Technology is the latest college set to cash in on Boston’s lab boom in a partnership with private developers.
Personnel File No. 285
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Fallon Eyes Charlestown Parcels for 812K SF Lab Development
The Fallon Co. is the latest major developer planning to build office and research space in one of Boston’s fastest-transitioning neighborhoods.
This Month in History: Boston’s ‘Innovation District’ Is Born
Former Mayor Thomas Menino’s ambitious vision to transform the 1,000-acre South Boston waterfront into an “innovation district” came alive Jan. 25, 2011, when Vertex Pharmaceuticals announced plans to relocate to a giant, new headquarters there.
Fallon Co. Partners on Diverse Entrepreneurs Program
A group of Boston-area students are picking up tips on real estate investment and paths to a potential career in the industry through a summer program sponsored by The Fallon Co. and Street2Ivy.
Personnel File
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Top Baker Aide Joins Fallon Co.
A top aide to Gov. Charlie Baker is moving into the private sector to become the chief lobbyist for a major Boston office developer.
Service, Business Travel May Be Key Driver of Hotel Recovery
We’ve all been wondering about the future of work since quarantine began. But among the biggest casualties of coronavirus lockdowns and international travel bans has been business travel.
Seaport Office Tower Sold for $482M
An office tower that attracted one of the first tech industry clusters in Boston’s Seaport District has been sold to an affiliate of Clarion Partners for $482 million.
