week-in-review-544x310

Real Estate Articles of Note
August 18 – August 25, 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.

 


Davis Cos. could capture some of Cambridge's 'tremendous rent growth' with office buy
Boston Business Journal — August 25, 2017

KBS Realty Advisors sold the office at 625 Mount Auburn St. to Boston-based The Davis Cos. KBS had paid $29.6 million in early 2007 to acquire the building.

 


$6M sale of MassDOT sign shop to pave way for 500-unit development in Medford
Boston Business Journal — August 23, 2017

The Medford deal is part of Gov. Charlie Baker’s “Open For Business” initiative, which launched in 2015 with the goal of helping private developers build on publicly owned transportation land.

 


Forever 21's Downtown Crossing store set to reopen this weekend
Boston Business Journal — August 23, 2017

The store has been closed since at least mid-July.

 


IBM, Broad and MGH launch crowdsourced project to map human microbiome
Boston Business Journal — August 23, 2017

A deal between tech giant IBM, Massachusetts General Hospital and the Broad Institute aims to use your computer to map the three million bacterial genes found in the human microbiome.

 


NYC-Based Ashkenazy Purchases South Station Lease in Boston
GlobeSt.com - Boston — August 22, 2017

Ashkenazy also owns and operates Faneuil Hall Marketplace in Boston as well as Union Station in Washington DC.

 


John Hancock Acquires HarborView at the Navy Yard
GlobeSt.com — August 21, 2017

The property which is adjacent to the famed U.S. Constitution warship was constructed in 2007 and developed by Trammel Crow as a condominium development

 


Massachusetts’ economic boom puts pressure on housing costs
The Boston Globe - Print Edition — August 20, 2017

BOSTON (AP) — Massachusetts' booming economy is bringing with it a downside for those looking to rent an apartment or buy a home in the state:

 

 

 

Colliers In The News

 


The Bloomberg Baystate Business Hour: Bonds and SUVs
Bloomberg — August 23, 2017

Bloomberg Boston Bureau Chief Tom Moroney and Radio News Anchor Anne Mostue are joined by top names from local business and finance to medicine and politics, along with Bloomberg reporters covering the latest stories in and around Boston. Today: ... Aaron Jodka, director of research at Colliers International, on how many financial and law firms are changing layouts, reducing space and asking people to work from home.

 


Colliers reps niche co-working startup G-Tek Labs in 30,000 SF Southie lease
Boston Real Estate Times — August 21, 2017

...BOSTON – Colliers International announced that assistant vice presidents Ryan Healy and Mike Shakespeare have leased ...

 


Colliers sells $11.4 million Bay Village condo redevelopment opportunity
Boston Real Estate Times — August 15, 2017

...BOSTON – Colliers International’s Multifamily Investment Sales team announced that it has sold 27-29 Isabella Street in Boston’s ...

 

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