Regions Northeast | Boston
Cambridge to be Location of New EMD Chemicals Lab
Gibbstown, N.J.-headquartered EMD Chemicals Inc. has revealed that it will open its newest R&D facility in Cambridge, within close proximity to both Harvard University and MIT.
Grant Helps Pave Way for New 25,000-SF Special Olympics State HQ
Special Olympics Massachusetts' plans for the construction of a new headquarters in Marlborough gets a $2.5 million boost, courtesy of a grant awarded by the Yawkey Foundation, the Boston Globe reports.
Chicago-Based Equibase Capital Makes Bridge Loan to Abbott Boston Development
Equibase Capital Group L.L.C., a provider of mezzanine capital to the real estate industry based in Chicago, has announced it has made a bridge loan to Abbott Real Estate Development, a residential development firm located in Boston.
Bridge Loan Paves Way for Conversion of Retail Property to Residential in Boston Area
Boston-based Abbott Real Estate Development has secured a  bridge loan for its planned conversion of a former Wal-Mart store in Weymouth, Mass., into a 150-unit apartment complex.
Tufts Dental School Expansion Officially Begins
Tufts University School of Dental Medicine has planned the launch its vertical expansion project today with a sky-breaking ceremony.
450,000SF Office Pre-Lease in Place at Boston's $500M Russia Wharf Project
Boston Properties, developer of the 815,000-square-foot mixed-use Russia Wharf in Boston, has snagged an anchor tenant for the 552,000-square-foot office segment of the $500 million project. Asset management firm and investment advisor Wellington Management Co. will occupy 450,000 square feet under a 15-year lease agreement.
Boston Agency Approves $300M Mixed-Use Research Facility in Medical Enclave
Plans for the development of the Longwood Center, a 350,000-square-foot mixed-use research center at the Joslin Diabetes Center in Boston, move forward as the Boston Redevelopment Authority gives the green light to the joint venture behind the $300 million endeavor.
Shea Named Partner at Choate, Hall & Stewart
James Shea, Jr. has been named partner at Choate, Hall & Stewart L.L.P., the law firm, according to the Boston Herald.
KBS Takes Rivertech Park in Boston Submarket
KBS REIT has announced the acquisition of Rivertech Park in Billerica, Mass.
BioMed, Prudential JV Gets $245M Construction Loan for Cambridge Project
A joint venture between BioMed Realty Trust Inc. and Prudential Real Estate Investors (PREI) has entered into a $245 million construction loan with Wachovia Bank, National Association and other lenders.
Meredith & Grew Joins Colliers International
Boston-based Meredith & Grew Inc. has joined Colliers International USA.
Boston's BioSquare Biomedical Lab Gets LEED Certification
The green design of 670 Albany Street at BioSquare, designed by KlingStubbins of Cambridge, Mass., has won it LEED certification, Jones Lang LaSalle has reported.
National Grid to Lease LEED Building at Reservoir Woods
Davis Marcus Partners has announced that National Grid has signed a lease for the entire 312,000-square-foot new LEED Gold certified building at Reservoir Woods’ East Campus in Waltham, Mass.
Gosin Barry Newmark Knight Frank Boosts New England Presence with Codman Acquisition
Newmark Knight Frank has bolstered its presence in the Greater Boston market and throughout New England by acquiring The Codman Co., the region’s oldest privately held real estate firm.
13-Building, 134-Unit Boston Portfolio on the Block
NAI Hunneman has announced that it has been retained as the exclusive sales agent for the sale of a 13-building portfolio that includes 130 residential and four retail units in multiple Boston neighborhoods.
75 state Brookfield Buys Balance of Boston Buildings for $477M
Brookfield Asset Management has closed a deal to buy the balance of a property it previously co-owned with an affiliate of RREEF Alternative Investments, a member of Deutsche Bank Group.
Fiduciary Trust Renews Lease at 175 Federal Street in Boston
Fiduciary Trust Co. has renewed its 45,000-square-foot lease for its office at 175 Federal Street in Boston, Mass.
Second Phase of Sale of $377M Shopping Center Portfolio Closes
Jones Lang LaSalle has reported the closing of the second phase of a portfolio of 25 retail properties totaling nearly two million square feet in Greater Boston.
Hebrew SeniorLife Secures $457M in Bonds
Hebrew SeniorLife has announced that it has closed on the sale of $457 million in tax-exempt bonds to fund the development of NewBridge on the Charles, a continuing care retirement community located on the 162-acre Dr. Miriam and Sheldon G. Adelson Campus in Dedham, Mass.
Jack Kerrigan Campanelli Acquires 90-Acre Site in Boston Suburb
Campanelli Cos., a New England-based full-service commercial real estate development company, has acquired a 90-acre site at the TPC-Boston Golf Course in Norton, Mass., that already has permits for a hotel and up to 600,000 square feet of office space.
Boston College Budgets $800M For 10-Year Construction Plan
Boston College in Chestnut Hill, Mass., a suburb of Boston, will spend $800 million on construction projects and renovations over the next 10 years in support of an ambitious $800 million strategic plan that will significantly expand the size of the school’s faculty and programs, officials announced today. Combined construction and program spending is expected to reach $1.6 billion.
joslin Land Purchase Paves Way for $300M Life Science Building in Boston
A joint venture involving Alexandria Real Estate Equities Inc., Charles River Realty Investors and National Development has closed on the acquisition of a coveted 1.1-acre parcel in Boston from the Harvard Medical School-affiliated Joslin Diabetes Center.
Chiofaro to Buy $155M Parcel for Boston Mixed-Use
Developer Donald Chiofaro has agreed to pay $155 million for the site of a likely mixed-use development in Boston. Chiofaro acquired Harbor Garage, located adjacent to the New England Aquarium on the city’s waterfront, according to a report by Thomas Palmer Jr. in today’s Boston Globe.
GE Real Estate Provides $55M Loan for Boston Office Acquisition
GE Real Estate has provided a $55.65 million on-book loan to a joint venture between a fund sponsored by Urdang Capital Management Inc. and Griffith Properties for the purchase of Burlington Woods, a three-building, class A office park located along Route 128 north of Boston, Mass.
Boston Offers Vibrant Yet Challenging Life Sciences Market, Say Experts at CPN Event
Considering the coast-to-coast race to take advantage of the worldwide biotechnology boom, it may come as a surprise to some that the Boston area boasts more life-sciences related jobs than any other similar market in the United States.
 

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.