Regions Northeast | Boston
Broadway Partners Refinances Debt on Boston Office Building
Broadway Partners has completed the refinancing of Ten/10 Post Office Square, a 13-floor, 435,000-square-foot office property located in Boston, Mass.
Boston-Area Biotech Firms Seek Cheaper Space in Suburbs
Drug maker Alkermes Inc. last week became the latest in what has become a growing line of biotech firms leaving Cambridge, Mass., in search of less expensive office and laboratory space in the suburbs. The company plans to relocate to a 100,000-square-foot facility in Waltham early next year, a move that Alkermes says will eventually save some $750,000 a year.
Boston Properties Completes $215M Construction Financing for Russia Wharf
Boston Properties Inc. has completed the five-year, $215 million construction financing for its Russia Wharf development located in Boston, Mass.
The News: The Big Question for Boston
Apartment assets in outlying areas of the Boston metropolitan area should see competition from the shadow rental market, but core assets are predicted to outperform, according to a recent Marcus & Millichap Real Estate Investment Services Inc. report. A major question, though, is how job losses will affect the city’s multi-family market.
Brookfield Lands Tenant for Boston Office
Brookfield Properties has signed a tenant to a new lease at 53 State Street in Boston’s Financial District.
Boston OKs Changes to $500M Waterfront Project
The City of Boston has approved key changes to the $500 million Russian Wharf mixed-use redevelopment which will ensure that the waterfront project completes construction.
Henderson Global Acquires Boston M-F Community for $48M
On behalf of its value-add CASA Partners IV fund, Henderson Global Investors, an independent investment manager, has acquired Reading Commons, a 204-unit multi-family complex located 10 miles outside Boston, for $48.5 million. The property marks the fund’s first luxury acquisition in the Northeast.
Will High-Profile Approvals Spark Building in Boston?
When the city of Boston signed off on a pair of high-profile developments last week, officials may have been sending a message about the need to kick-start development.
Slowdown Ties Up Boston Builders
The combination of Boston’s softening leasing market and the restrictive debt market will create high hurdles for office development through most of 2009. “A lot of (projects) may sit in limbo,” said Stephen Brodsky, senior vice president and head of Grubb & Ellis Co.’s Boston regional office.
 

Boston Urban Development Headlines in Full Coverage


Boston's urban development scene is constantly changing, and like much of the Northeast, is a whirlwind of real estate activity. Stay at the forefront of what's happening with Boston's commercial property for sale by reading the one real estate magazine that can cover it all - Commercial Property News.