week-in-review-544x310

Real Estate Articles of Note
August 11 – August 17, 2018

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.

 

Mass. has more 'unicorns' than ever before. Here's why
Boston Business Journal — August 17, 2018
The "unicorn" label probably gets more attention than it deserves in the world of startups. But dissecting a list of the state's private companies valued at more than $1 billion is actually useful if you want a quick way to understand the prevailing trends in the Massachusetts technology industry.

 

Here’s what developers are planning for Southie’s Edison power plant
Boston Business Journal — August 17, 2018
The developers set to transform the decommissioned Edison power plant in South Boston have scaled back their original plans for the 15-acre site, reducing the total number of housing units and the height of several proposed buildings, according to a new filing with the Boston Planning and Development Agency.

 

Inman Square redesign imminent as Cambridge secures necessary state okay
Curbed Boston — August 17, 2018
Plan involves installing plaza to bend traffic on Hampshire Street as it reaches Cambridge Street

 

Report: Merck invested in Moderna at $18B valuation
Boston Business Journal — August 17, 2018
Drug giant Merck & Co. valued biotech unicorn Moderna Therapeutics at $18 billion when it invested in the Cambridge-based company earlier this year, according to data from market research firm PitchBook. Moderna declined to comment on the report, which could not be independently confirmed.

 

PawSox owners prepare to move team to Worcester
BostonGlobe.com — August 17, 2018
The owners of the Pawtucket Red Sox are preparing to move the minor league team to Worcester, ending several years of uncertainty about which city the PawSox would eventually call their home.

 

Massive South End project wins key approval
The Boston Globe - Print Edition — August 16, 2018
The Boston Planning & Development Agency board approved Exchange South End, a four-building, 1.6-million-square-foot complex.

 

Kenmore Square development plans still in flux, but Citgo sign sure to remain
Curbed Boston — August 16, 2018
Some members of the Boston Civic Design Commission do not think developer Related Beal’s current plans preserve the traditional look of Kenmore architecture. Some question whether there was ever much of such a look worth preserving.

 

25 Mass. startups that made Inc.'s list of fastest-growing companies
Boston Business Journal — August 15, 2018
Nearly 150 of the 5,000 fastest-growing private companies in the U.S. hail from Massachusetts, according to Inc. magazine's annual Inc. 5000 list.

 

EXCLUSIVE: Liberty Mutual Shrinking Back Bay Footprint With Wayfair Poised To Swoop In
Bisnow — August 15, 2018
Liberty Mutual plans to consolidate home office operations into buildings it already occupies at 30 St. James and 157/175 Berkeley St. in Back Bay beginning in Q4 and continuing through early 2020. The move involves the company leaving space it currently occupies at 10 St. James Ave. and 75 Arlington St.

 

In the absence of facts about Amazon’s HQ2 search, speculation rules
The Boston Globe - Print Edition — August 15, 2018
Some observers have taken to seizing on the slightest whiff of a clue about where the e-commerce giant might decide to locate its coveted $8 billion complex.

 

Law firm Burns & Levinson moving Boston headquarters
Boston Business Journal — August 14, 2018
Burns & Levinson LLP is moving its Financial District headquarters after nearly three decades.

 

South End’s Revolution Hotel aiming for younger travelers, creative types
Curbed Boston — August 13, 2018
The likeliest draw for such guests might be the Revolution’s planned rates: Rooms are expected to start at about $150 a night, lower than the typical charge for boutiques near downtown.

Colliers In The News

 

 

 

Bloomberg Baystate Business: Massport, the T and Sarepta
Bloomberg — August 15, 2018
24:50 - Aaron Jodka of Colliers joined us to talk about the latest news from the local real estate scene.

 

Beyond The Bio: 16 Questions With Colliers International Boston Co-Chair Kevin Phelan
Bisnow — August 13, 2018
When commercial real state veteran Kevin Phelan arrives at his office in Boston around 5:30 every morning, he contemplates the power of success — though not necessarily his own.

 

 

To subscribe to the Week In Review newsletter mailing list email WeekInReview@colliers.com