Colliers International Boston's Week In Review

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Real Estate Articles of Note
January 26 – February 1, 2019

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.

 

 

 

PTC Yolks Its Fortunes to Seaport’s ‘Egg’ Building
Banker & Tradesman — February 01, 2019
Skanska took a chance with a nontraditional design for its speculative 121 Seaport office tower, developing an oval-shaped building that stands out from most of the South Boston waterfront’s boxy architecture.

 

Seafood Processor Breaks Ground on $20M Seaport Plant
Banker & Tradesman — February 01, 2019
Developers broke ground on Thursday for the 50,000-square-foot seafood processing plant, a $20 million project on the Massport Marine Terminal.

 

Developer revises plans for Dot Block project
BostonGlobe.com — February 01, 2019
Dorchester development proposal now calls for more housing, smaller units, and less parking.

 

Seaport District Development Attracts Second Life Science Tenant
Banker & Tradesman — January 31, 2019
Pappas Commerce Center in Boston’s Seaport District has attracted a second life science tenant, bringing the recently repositioned flex building up to 50 percent occupancy.

 

Developer Revises Kenmore Square Hotel Proposal With More Height, Improved Streetscape
Bisnow - Boston — January 31, 2019
A Kenmore Square hotel proposal is back with more height and better street-level amenities.

 

Privatizing public transit in the Boston area: Pair of plans shows possibilities, limits
Curbed Boston — January 31, 2019
Does a privately funded bus system out of Newton have enough gas? What about that North Station-Seaport ferry?

 

Point break: Can Boston-area startups live up to their sky-high valuations?
Boston Business Journal — January 31, 2019
In 2018, companies nationwide raised more venture capital dollars than ever before, surpassing the record previously set in 2000 during the peak of the dot-com boom.

 

P&G close to deal for Fort Point land next to GE headquarters
Boston Business Journal — January 29, 2019
Two sources said P&G representatives have recently begun alerting firms that had been shortlisted to buy the property that they had lost out on the deal.

 

Ben Franklin Institute to put its South End campus up for sale
The Boston Globe - Print Edition — January 29, 2019
The technical school says it will use the proceeds to create more modern facilities somewhere else in Boston.

 

A carbon-neutral Boston by 2050 would require congestion pricing, tens of thousands of building retrofits: Report
Curbed Boston — January 29, 2019
The city-commissioned report also says Boston should build up its downtown to cut down on commutes.

 

T fare increases include proposal to hike cost of subway ride 15 cents
Curbed Boston — January 28, 2019
T fare increases include proposal to hike cost of subway ride 15 cents

 

Global retail developer Gazit buys Newbury Street property for $51M
Boston Business Journal — January 28, 2019
Gazit Globe Ltd. is expanding its Boston portfolio with a purchase on Newbury Street.

 

Oxford again expands in Boston with $123M apartment buy
Boston Business Journal — January 25, 2019
Oxford entered Boston’s commercial real estate scene five years ago and has quickly grown to be among the biggest property owners in the city.

 

 

COLLIERS IN THE NEWS

 

Insights from Colliers’ 40th Annual Trends In the Real Estate Market Seminar: Capital Markets
colliersinfocus.com — February 01, 2019
At Colliers International’s 40th Annual Trends In The Real Estate Market Seminar, “Connecting The Dots,” Executive Vice President Jeff Black zeroed in on the key drivers of Boston’s capital markets.

 

Mathew Davis Joins Colliers International Boston’s Urban Brokerage Team
Boston RE Times — January 29, 2019
After substantial growth of its Urban Brokerage team with new recruits, Curtis Cole, Peter Conlin and Chris Cuddy in the first quarter of 2018, Colliers International Boston has continued that momentum with the hiring of experienced advisor, Assistant Vice President Mathew Davis, in December 2018.

 

Insights from Colliers’ 40th Annual Trends In the Real Estate Market Seminar: Emerging Markets
colliersinfocus.com — January 29, 2019
At Colliers International’s 40th Annual Trends In The Real Estate Market Seminar, “Connecting The Dots,” Senior Vice President Lauren Vecchione dug into the emerging markets in and around Boston. Boston and Cambridge have a combined 11.1 million SF of active office and lab tenant requirements today.

 

 

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