Colliers International Bostons Week In Review

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Real Estate Articles of Note
April 17 – April 21, 2017

The following represents articles of interest to the Boston real estate community that appeared in various publications during the week. Certain news links may require site registration or subscription to access the complete article.

 


Millennium Tower's First 425 Sales Show Heavy Investor Buy-In
Bisnow — April 20, 2017

An astronomical number of Millennium Tower Boston’s smaller units were sold to outside investors, while the entire building had more million-dollar sales last year than Back Bay and Beacon Hill combined, according to a new report.

 


Former Barnes & Noble site in Boston's Downtown Crossing could be sold in $65M deal
Boston Business Journal — April 20, 2017

A long-vacant storefront in Downtown Crossing that once housed a chain bookstore could finally see redevelopment.

 


Sky High Over Fenway: A Hard Hat Tour Of Pierce Boston
Bisnow — April 20, 2017

Pierce Boston will be the tallest building in Fenway when it opens next year. The 30-story, 378-foot tower lords over the junction of Boylston Street and Brookline Avenue like a modern twist on the Flatiron Building.

 


TIAA's investment management arm snaps up properties on Newbury Street in Boston and in Northborough, Massachusetts
Boston Business Journal — April 20, 2017

A firm related to financial services company TIAA has acquired properties on Boston's fashionable Newbury Street as well as a massive warehouse in central Massachusetts.

 


How real estate professionals create cities for millennials
Boston Business Journal — April 19, 2017

Understanding hyperlocal consumer behavior enables retailers and developers to avoid making mistakes based on broad generalizations.

 


Yotel Boston offers cozy, high-tech service
Boston Herald — April 18, 2017

Yotel is targeting a June 22 debut for its new Seaport District hotel in South Boston, where guests will enter “Mission Control” and use self-service kiosks or the U.K. chain’s “Shaggy” mobile concierge app to check in to their “cabins.”The 11-story hotel, which markets affordable luxury with high-tech touches, will have 326 cabins, the bulk being the small 149-square-foot rooms for which Yotel is known.

 


Taurus Investment Holdings acquires Everett apartment complex from SMC Management for $56M
Boston Business Journal — April 17, 2017

Taurus Investment Holdings LLC, a private global real estate investment firm based in Boston, announced that it had acquired the Wellington Parkside apartment complex in Everett.

 


In downtown Boston, high-rise developers face a changing office market
The Boston Globe - Print Edition — April 15, 2017

One of the biggest catches in Boston’s downtown office market has decided to stay put. The law firm Mintz Levin is renewing its lease at One Financial Center, across from South Station.

 

 

 

Colliers In The News

 


citybizlist : Boston
Citybizlist Boston — April 19, 2017

...Colliers International Group Inc.(NASDAQ:CIGI, TSX:CIG) today released its first-quarter 2017 Office Market ...

 


citybizlist : Boston : Colliers Advises Mancon in 88,000-SF Lease in Stoughton
Boston Citybizlist - Commercial Real Estate — April 18, 2017

... vice president Greg Klemmer and vice president Stephen Woelfel, Jr. of Colliers International, Boston recently announced that they represented Mancon in an 88,000-square-foot lease at 200 Shuman ...

 

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