Real Estate Articles of Note
July 29 – August 4, 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.
Shire eyes former Ariad building in Cambridge expansion
Boston Business Journal — August 03, 2017
The rare disease drugmaker is nearing a deal to sublease a 230,000 square-foot space in the heart of Kendall Square, according to real estate industry sources.
Copley Place Announces New Luxury Brands Coming to Boston’s Back Bay
Boston Real Estate Times — August 03, 2017
Simon, a global leader in premier shopping, dining and entertainment destinations, announced that Copley Place, the luxury destination of choice for great brands in Boston, will be adding several luxury fashion stores new to the market this summer and fall including: Christian Louboutin, Saint Laurent, TOD’s, and APM Monaco.
WPI to Open Innovation and Collaboration Space in Boston’s Seaport District
Worcester Polytechnic Institute — August 03, 2017
Worcester Polytechnic Institute (WPI) announced today that it will join Boston’s Seaport District neighborhood as it expands its economic development efforts across the Commonwealth.
Get ready for Convention Center Expansion 2.0
The Boston Globe — August 02, 2017
The state’s convention hall operator took its first official step Wednesday to revisit the expansion of the Boston Convention & Exhibition Center by issuing a request for proposals to design a master plan for the complex’s 70-acre campus.
NextView Ventures will invest in the 'everyday economy' with newest fund
Boston Business Journal — August 02, 2017
Boston-based seed-stage investment firm NextView Ventures said Wednesday that it closed a $50 million fund that will focus on technologies impacting what it calls the "everyday economy" — from transportation and food to health and apparel.
Lululemon, Warby Parker headed to Boston’s Seaport District
Boston Business Journal — August 01, 2017
The retailers will open at the base of One Seaport Square, a $600 million retail and residential development on Northern Avenue in Boston’s Seaport District.
Buyer named for former Globe site in Dorchester
BostonGlobe.com — August 01, 2017
Boston Globe Media Partners has a deal in place to sell the newspaper’s 16.5-acre former home to a veteran local developer, Nordblom Co.
Staples looks to spin off 1,500 retail stores to longtime rival Office Depot
Boston Business Journal — July 31, 2017
Staples Inc. is considering a spin off its 1,500 retail stores to longtime rival Office Depot. Unnamed sources told the New York Post that the Massachusetts-based retailer is looking to get rid of its brick-and-mortar stores and concentrate solely on selling office supplies to mid-size and big corporate clients online.
Developers team for 300-unit proposal in Eastie
Boston Herald — July 31, 2017
Boston and New York developers are joining forces on plans for approximately 300 apartments near Orient Heights in East Boston.Hub-based Gate Residential Properties LLC and Bulgroup Colorado LLC want to construct the residential development on nearly 3.3 acres at 175 McClellan Highway (Route 1A). The development would include two or more buildings, parking and about 2,000 square feet of ground-floor commercial space.
Baker OKs tweak of shadow laws to allow for Winthrop Square tower
Boston Business Journal — July 28, 2017
The debate over altering state shadow legislation had been argued vehemently and at length in the year since the city tapped real-estate developer Millennium Partners as the firm to transform what’s now a crumbling, unused, city-owned parking garage.
Colliers In The News
Boston Globe names buyer of former Dorchester HQ site
Boston Business Journal — August 02, 2017
...John Henry hired Colliers International to put The Boston Globe's property on Morrissey… more. .If at first you don’t succeed, try ...
Colliers brings a new 5-acre Waltham development opportunity to market
Boston Real Estate Times — August 02, 2017
...BOSTON – Colliers International recently announced that it has brought to market 305 Winter Street, a rare five-acre development ...
R.J. Kelly Co. Buys 500,000-SF Flex/Industrial Portfolio in Cherry Hill Park
CoStar News - Boston — July 31, 2017
...Scott Dragos, Douglas Jacoby, Tony Hayes, Tim Mulhall, and Daniel Hines of Colliers International's investment sales team handled negotiations on behalf of Brookwood Financial Partners, which ...
Colliers International and Wise Construction complete The Engine at 501 Massachusetts Ave. in Central Sq.
nerej.com — July 27, 2017
... Colliers International and Wise Construction complete The Engine at 501 Massachusetts Ave. in Central ...