Lender Submits $65M Top Bid for Wellesley Lab Conversion
The mortgage holder submitted the high bid for a Wellesley office complex where developers had pivoted to life science but failed to gain traction.
Auction Scheduled for Wellesley Lab Conversion
A Wellesley office building that received $86.7 million in financing for a life science conversion is headed for the auction block.
Pension Funds Losing Big from Slump in Office Values
For years, downtown office buildings were a solid bet for the public employee pension funds. Recent sales in downtown Boston show that’s not the case, anymore.
Berkshire Bank Names Nina Charnley to Board
Berkshire Bank has named former TIAA and Bank of America executive Nina Charnley to its board of directors.
Former GE HQ Marketed for Lab Conversion
A Fort Point office building that served as General Electric’s headquarters when it moved to Boston is being marketed for a potential life science conversion.
Thasunda Brown Duckett Leaving Chase Consumer Banking
Thasunda Brown Duckett, CEO of Chase Consumer Banking, is leaving JPMorgan to become head of TIAA.
Pension Fund Bags Amazon-Leased Industrial Property for $52M
A REIT owned by pension giant TIAA has made a large industrial acquisition in the Interstate 495 corridor.
