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Real Estate Articles of Note
December 9 – December 15, 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.

 


$550M Omni, set to be Seaport's largest hotel, gets city OK
Boston Business Journal — December 15, 2017

The Boston Planning and Development Agency on Thursday approved the 1,054-room Omni hotel planned for a two-acre site on Summer Street across from the Boston Convention and Exhibition Center.

 


Gene genies: Cambridge is the epicenter of the gene-editing revolution
Boston Business Journal — December 14, 2017

Editas Medicine is a money-losing biotech startup located across from a shopping mall in a former industrial zone in East Cambridge. It has no approved drugs, and has yet to even test one of its experimental drugs in humans. Yet it’s worth $1 billion.

 


Booming Kendall Square will get a long-sought supermarket as MIT projects advance
The Boston Globe — December 14, 2017

In Cambridge’s Kendall Square, you can find some of the brightest minds in the world and some of the biggest companies in technology and life sciences. But much to the frustration of those smart people and the companies they work for, you can’t find groceries to bring home for dinner. That will soon change.

 


Baker announces $10M plan to create 135,000 housing units
Boston Business Journal — December 11, 2017

As part of an ongoing effort to address the region’s housing crisis, Gov. Charlie Baker has set a goal of creating 135,000 housing units across the commonwealth by 2035, and will allocate $10 million toward his administration’s newly created Housing Choice Initiative to meet that goal.

 


Work to begin on $500 million project near Fenway Park
The Boston Globe — December 08, 2017

BOSTON (AP) — Officials say work is finally going to begin on a $500 million construction project near Boston's Fenway Park.

 


JPMorgan Chase nearly doubles office space in Seaport building in Boston
Boston Business Journal — December 07, 2017

The global financial services giant has a large office in Boston's Seaport District.

 


La Colombe is opening its second Boston coffee shop
Boston Business Journal — December 07, 2017

The Philadelphia-based chain of coffee shops will open its newest cafe in Boston on Friday in the Seaport District.

 

 

 

Colliers In The News

 


Concert venue considered for old Hood property in Charlestown
The Boston Globe — December 13, 2017

...No operator has yet been signed, but officials with real estate firm Colliers International, which is planning the project, told neighborhood groups they are close to signing a deal with a ...

 


These 3 Tenants Are Kicking Off A Waltham Build-To-Suit Surge
Bisnow Boston — December 12, 2017

A trio of sizable office tenant needs is sparking a new wave in demand for build-to-suit projects in Waltham following several 2016 headquarters openings.

 


Two Tenants Lease Space at Atlantic Tambone’s Lynnfield Office Building
Boston Real Estate Times — December 11, 2017

...BOSTON – Colliers International announced that 6 Kimball Lane in Lynnfield, MA, has grown its tenant roster with two companies ...

 


MA Hilton Hotel Lands $53M Financing
Commercial Property Executive — December 10, 2017

...Colliers International's Boston-based Capital Markets group has arranged the joint venture equity financing for the ...

 

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