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Real Estate Articles of Note
December 1 – December 7, 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.

 

 

 

Fidelity plans big changes at World Trade Center complex
The Boston Globe — December 07, 2018
Fidelity Investments wants a better waterfront view. The mutual fund giant bet big on the Seaport in the 1980s and 1990s, back when few other companies would. Now, Fidelity is opening its considerably sized wallet again for an ambitious remake of its Seaport World Trade Center complex.

 

Mass. officials have big ideas — and big decisions — for the MBTA commuter rail
The Boston Globe — December 05, 2018
How often should trains run? How much should a ride cost? And who’s going to operate the trains, anyway?

 

53 State tower is sold for $845 million
The Boston Globe - Print Edition — December 06, 2018
Building is home to businesses that include Hill Holliday, Acquia, and The Boston Globe.

 

Samuels to develop Dot Block - Boston Business Journal
Boston Business Journal — December 06, 2018
Gerald Chan, a billionaire who has also reportedly invested nearly half a billion dollars into Cambridge’s Harvard Square, acquired the 5-acre Dorchester site in late 2016.

 

Boston Properties Gets Approval For Kendall Square Tower
Bisnow - Boston — December 06, 2018
Cambridge has approved a Boston Properties plan for an 18-story tower in Kendall Square.

 

Plans unveiled for revamp of South End's historic Hotel Alexandria
The Boston Globe - Print Edition — December 06, 2018
A historic former South End hotel could get a major facelift and makeover to restore some of the long-shuttered building to its former glory after decades of decay, plans recently filed with the city show. Developer Alexandra
Partners LLC envisions the Hotel Alexandra, which has stood on the corner of Washington Street and Massachusetts Avenue …

 

Siemens unveils $300 million facility in Walpole
The Boston Globe - Print Edition — December 05, 2018
Siemens Healthineers has cut the ribbon on a new factory and research and development facility for laboratory diagnostic devices at its East Walpole campus.

 

Women-focused co-working space The Wing to open in Back Bay
Boston Business Journal — December 05, 2018
The new space will consist of two penthouse floors with a seasonal terrace, showers, lockers, conference rooms, phone booths and a lactation room.

 

Renovations Planned at South Shore Office Park
Banker & Tradesman — December 04, 2018
Renovations are planned to a South Shore office building, which its owners hope will reposition it as attractive Class A office space.

 

Revamped South End hostel to reopen as Revolution Hotel
Boston Business Journal — December 04, 2018
The Mount Vernon Co. and Portland, Ore.-based Provenance Hotels are opening The Revolution Hotel at 40 Berkeley St. in Boston’s South End. The 164-room former hostel is branded as a “micro-hotel.""

 

South Bay Announces Three New Tenants - Banker & Tradesman
Banker & Tradesman — December 03, 2018
Three leases totaling more than 16,000 square feet have been signed by new tenants gearing up for 2019 openings at developer Edens’ 750,000-square-foot expansion of the South Bay Center in Boston.

 

 

COLLIERS IN THE NEWS

 

Self-Worth Over Sports: The CRE Secrets Of Boston Power Women
Bisnow - Boston — December 06, 2018
... & Associates COO Leslie Cohen, Nickerson Cos. principal and founder Lisa Nickerson and Colliers International Executive Vice President Kristin Blount. .“Take the opportunity where it might not seem ...

 

Man who worked on demolition crew recalls the razing of Boston’s West End
The Boston Globe - Print Edition — December 05, 2018
...Tom Hynes, co-chairman and chief executive officer of Colliers International’s Boston office, will speak at the museum Thursday and talk about his experiences working as a ...

 

Berkeley Partners completes $14.8 million acquisition of 168,735 s/f building
New England Real Estate Journal — November 30, 2018
... was marketed by Doug Jacoby, Scott Dragos, Daniel Hines, Tim Mulhall and Tony Hayes from Colliers International .. .The area is undergoing long-term urbanization. Growth in housing, R&D, lab, and other ...

 

Massachusetts Unsure How Much New Opportunity Is In Opportunity Zones
Bisnow - Boston — November 29, 2018
... others in the local real estate community welcome another tool in the economic toolkit. Colliers International co-Chairman Kevin Phelan calls them a “godsend for development” in the state.. .At a time ...

 

No Amazon, No Problem
Colliers In Focus — December 03, 2018
It’s been fun to speculate on what Amazon would ultimately do and what it would mean for Boston if we “won” the HQ2 sweepstakes. Boston has a lot to offer Amazon, and despite opting for other locales for the big job push, it’s bringing 2,000 jobs to the Seaport, with the potential to double that in a second building in Seaport Square.

 

 

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