Colliers International Bostons Week In Review

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Real Estate Articles of Note
November 25 – December 1, 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.

 

Harvard’s Allston plans include at least four new buildings along Western Avenue
Curbed Boston — November 30, 2017
Harvard would build two office-slash-lab buildings totaling about 400,000 square feet each, a hotel and conference center, and an apartment building on 14 acres along Western Avenue in Allston under plans the university spelled out November 29.

 

Millennium Boston's vision for giant Seaport development includes aerial tramway
Boston Business Journal — November 30, 2017
Millennium Partners’ Boston office has rarely shied away from pushing the boundaries when it comes to the city’s real estate development. The firm is now in the midst of perhaps its most boundary-pushing idea yet.

 

Speculation surrounding release of Amazon HQ2 short list swirls
Boston Business Journal — November 30, 2017
It looks like the 200-plus metro areas competing for Amazon’s massive second headquarters will have to wait until early next year to find out whether they made the e-commerce behemoth’s short list.

 

Here’s what’s happening with the Benny’s locations once the stores close
The Boston Globe — November 30, 2017
A Rhode Island real estate firm says it will spend more than $100 million to redevelop 29 locations of the southern New England retail chain Benny’s, which is closing its doors this year.

 

Block party in Seaport
Boston Herald — November 29, 2017
The biggest retail project since the South Bay Plaza opened decades ago was officially unveiled yesterday, but it’s just a small portion of what is to come in the Seaport District, aka the South Boston waterfront, developers and officials said.

 

This company traded a Mass. office park for downtown Providence
The Boston Globe — November 28, 2017
A company that recently moved from Framingham to Providence is celebrating with a ribbon-cutting at its new headquarters Tuesday — another victory for Rhode Island officials working to attract more employers to their state.

 

There’s barely any housing being built in the suburbs
The Boston Globe — November 28, 2017
Stop us if you’ve heard this one before: Greater Boston is adding housing at a rapid clip, but really just in Boston and a handful of close-in cities. Most suburban towns aren’t building much at all.

 

MBTA ponders plan for 602 housing units, shops, offices at Quincy Center Station
The Boston Globe — November 28, 2017
The long-planned redevelopment of Quincy Center got another boost Monday when the Massachusetts Bay Transportation Authority unveiled a plan to build 602 housing units and office and retail space at its downtown station.

 

A pitch for Fenway lot
Boston Herald — November 28, 2017
A 184-room hotel could replace the Shell gas and service station in Boston’s Fenway neighborhood.OTO Development hopes to redevelop the property at 1241 Boylston St., at the corner of Ipswich Street, into a hotel with an independent restaurant, according to a letter of intent to the Boston Planning & Development Agency.

 

Grocery chain ALDI is opening 2 more Massachusetts stores this week
The Boston Globe — November 27, 2017
Global discount supermarket chain ALDI is opening new stores in Brockton and Wareham on Thursday, according to a press release.

 

This local mall will soon be torn down, and the photos are really depressing
The Boston Globe — November 25, 2017
In 2019, the Arsenal Mall will reopen as a brand-new concept known as Arsenal Yards.

 

 

 

Colliers In The News

Colliers secures $57.4 million joint venture equity and construction financing for 286-unit apartment development in Everett, MA
Boston Real Estate Times — November 28, 2017
...BOSTON – Colliers International announced that its Boston Capital Markets Group has arranged joint venture equity and ...

 

The Bloomberg Baystate Business Hour:Admissions, Wayfair+Fenway
Bloomberg — November 22, 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: ... Colliers International’s Aaron Jodka on real estate and Wayfair looking at a big expansion... Listen at 36:44.

 

Needham Tries To Buck Trend Of Businesses Ditching Burbs For Boston
Bisnow Boston — November 28, 2017
Companies are flocking to Boston’s urban core, leading some to question what role the suburbs can have in the region’s building boom. But one town, which lost a high-profile company to the Seaport, is working to evade further relocation headwinds.

 

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