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Real Estate Articles of Note
July 28 – August 3, 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.

 

Verizon East Coast Innovation Center Will Relocate to Boston
Banker & Tradesman — August 01, 2018
Verizon will relocate and expand its East Coast Innovation Center from a Waltham office park to Boston’s North Station in 2021 after leasing 440,000 square feet at The Hub on Causeway office tower, the state’s top economic
development official said today.

 

Boeing will lease 100,000 square feet in new Kendall Square building
The Boston Globe - Print Edition — August 01, 2018
Work will focus on technology for unmanned and autonomous aircraft.

 

Millennium Partners testing public plaza in Boston's Downtown Crossing
Boston Business Journal — August 03, 2018
A long-planned public plaza in downtown Boston is again being tested — and this time, it’s with the backing of a private developer.

 

Developers are trying to make the suburbs cool. Is that possible?
The Boston Globe - Print Edition — August 03, 2018
Employers and developers along America’s Technology Highway are trying compete with Boston and Cambridge for the best companies and talent, by adding urban lifestyle features.

 

Is the housing market starting to cool off?
Curbed Boston — August 02, 2018
Slow sales and plummeting mortgage applications suggest home prices may have hit their peak

 

Blue Line to Longwood? Downtown superstation? MBTA mulls ‘big ideas’
Boston Business Journal — August 01, 2018
State transportation officials have published a draft investment plan for the next 25 years. Among the possibilities under consideration: an extension of the Blue Line to the Longwood Medical Area and a "downtown superstation" connecting three train lines.

 

Workbar to open coworking space in Burlington
Boston Business Journal — August 01, 2018
Workbar will open a 20,500-square-foot office in Burlington this December, marking the ninth Massachusetts location for the Boston-based co-working company.

 

Here's How America Uses Its Land
Bloomberg - US News — July 31, 2018
The 48 contiguous states alone are a 1.9 billion-acre jigsaw puzzle of cities, farms, forests and pastures.

 

Fenway-Kenmore asking prices now averaging more than $1,200 a square foot
Curbed Boston — July 30, 2018
A lot has to do with the newish Pierce Boston condo tower

 

Lyft, Uber increase traffic 180 percent in major cities, says report
Curbed Boston — July 27, 2018
Riders are giving up public transit—not their cars—in favor of ride-hailing trips

Colliers In The News

 

Fast-Tracked Trac 75 Trade To Reap Grossman, Waypoint $42.5M
The Real Reporter — August 02, 2018
The success proved so complete that Trac 75’s joint venture partners decided to flip the asset and by this past autumn had retained Colliers International to drum up prospects, hiring Multifamily Practice Group leader Christopher Sower and his contingent to handle the assignment. “Colliers did an excellent job on getting people to the property, including some very good (groups),” says Jacob Grossman.

 

Tenants swarm rare Boston-area industrial space
Real Estate Finance & Investment — July 31, 2018
Grossman Companies is seeking tenants for 310 McClellan Highway, an industrial property on Route 128 in Boston, and has hired Colliers International.

 

 

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