BOSTON — The theme of this Wednesday morning’s NAIOP event—Cambridge: Ready, Set, Go!—held at the Renaissance Boston Waterfront Hotel was ostensibly the massive amount of development being undertaken in the Kendall Square neighborhood, underscoring the draw of the district as one of the premier addr
BOSTON—Moving quickly after announcing a plan to divest substantial real estate holdings, Bank of America has reportedly agreed to sell the lending giant’s flagship Hub headquarters at 100 Federal St. to Boston Properties for more than $600 million, therealreporter.com has learned. According to
BOSTON—John R. Parsons Jr. did not spend much time admiring two properties snagged last summer on Boston’s Beacon Hill, but the Parsons Commercial Group namesake found plenty of suitors eagerly jumping for 24 Joy St. and 88 West Cedar St. after opting to cash in on a fast-moving fixer-upper plan.
CAMBRIDGE — Vertex Pharmaceuticals is going to Boston’s Seaport District, and then it appears the company’s ancestral headquarters could be going home. According to industry sources, a local investment group featuring one-time banker Garlan Morse has tied up the CambridgePort
BOSTON — With the recently announced signings of a major retailer (not named Target) and a celebrity chef’s restaurant, Samuels Associates continues to push forward in its quest to transform the Fenway from a Red Sox, Lansdowne, and drinking emporium into a “vibrant urban village,” according to one
BOSTON — A green-centric energy efficiency company that recently opened in the Seaport District has thrived enough there to sign a long-term extension at 21 Drydock Ave., parties involved in the deal announced this week. More recently being promoted as the Innovation District, the 1,000-acre expanse
BOXBOROUGH — Having already secured buildings during the past two years along Route 128, Fairlane Properties is apparently setting its sights even farther a field from the firm’s traditional Boston base, with sources indicating the homegrown investment firm has been named winning bidder for a pair o
BILLERICA — Calare Properties has finalized an impressive roll over plan of sorts after snagging fallow Building Four at 900 Middlesex Turnpike here last spring in a $1.7 million value-add acquisition. Lasermax Roll Systems has committed to occupy all 94,000 sf, wrapping up a 10-year lease that will
EAST BOSTON — A weed-choked, vacant lot flanking Route 1A has been acquired by an accomplished South Coast developer rumored to be keen on building a hotel on the 6.2-acre parcel. Some observers maintain the $3.75 million purchase by First Bristol Corp. was inked with an eye towards a potential casi
CAMBRIDGE — Vertex Pharmaceuticals is going to Boston’s Seaport District, and then it appears the company’s ancestral headquarters could be going home. According to industry sources, a local investment group featuring one-time banker Garlan Morse has tied up the CambridgePort buildings where Vertex
BOSTON —As part of an ongoing campaign to renovate its portfolio of affordable rental apartments and also improve energy efficiency in the properties, Urban Edge Housing Corp. this month is launching an overhaul of 10 buildings totaling 82 units in Jamaica Plain and Roxbury. A host of government ent
BOSTON — KS Partners has inked a trio of leases at 85 Devonshire St. in the Financial District, activity representing nearly 9,000 sf of commitments at the two-building asset that also includes 262 Washington St. The signings include a new tenant for the 92,000-sf complex and pair of renewals, one o
SUDBURY — Nearly 20 years after securing the asset during a national auction of foreclosed real estate, Duffy Properties has divested 29 Hudson Rd. to another local firm, reaping $1.65 million in a sale brokered by Parsons Commercial Group. New owner Vantage Investment Properties has subsequently na