Colliers International Boston's Week In Review

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Real Estate Articles of Note
February 16 – February 22, 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.

 

 

Boston Moves Up in Worldwide Tech Hub Ranking
Banker & Tradesman — February 22, 2019
Consulting firm KPMG has moved the Boston metro up three places in its latest worldwide ranking of tech hubs that will lead innovation over the next four years.

 

Liberty Mutual tells over 600 employees to work from home full-time
Boston Business Journal — February 22, 2019
In a cost-cutting step, Liberty Mutual is moving more than 640 customer and claims service employees in Pennsylvania and Indiana out of its offices, telling them to instead work from home on a permanent basis.

 

Wayfair gains $3B in value after massive revenue jump
Boston Business Journal — February 22, 2019
Wayfair Inc. posted its best-ever revenue growth in 2018’s fourth quarter, leading its stock price to jump by more than 30 percent on Friday morning.

 

Voyager Therapeutics stock jumps on 2nd Parkinson's deal
Boston Business Journal — February 22, 2019
Cambridge startup Voyager Theraupetics’ stock shot up nearly 25 percent Friday after it announced a second partnership deal with AbbVie to develop gene therapies for Parkinson’s disease.

 

Eversource nears solar milestone
Boston Business Journal — February 22, 2019
Eversource is on track to deliver 62 megawatts of carbon-free, renewable energy to Massachusetts residents and businesses, having completed 19 new solar power projects across the state.

 

Longtime HP exec joining GE board
Boston Business Journal — February 21, 2019
Longtime Hewlett Packard executive Catherine “Cathie” A. Lesjak will join the board of Boston-based General Electric Co. on March 1, taking the spot left vacant by former GE CEO John Flannery.

 

101 reasons to love Boston
Curbed Boston — February 21, 2019
A celebration of all things Boston

 

Arsenal Yards Developer Swaps Residential for Biotech Building
Banker & Tradesman — February 20, 2019
The developers behind Watertown’s Arsenal Yards project are seeking to swap uses in an 8- or 9- story building that sits at the south end of the site, overlooking the Charles River.

 

Here's how Boston's newest law firms are faring on headcount
Boston Business Journal — February 15, 2019
With Morrison & Foerster LLP’s official move into Boston this month, more than a dozen of the country’s 200 highest-grossing law firms have now opened a Boston office this decade.

 

 

COLLIERS IN THE NEWS

 

Newbury College campus goes on the market - The Boston Globe
The Boston Globe - Print Edition — February 21, 2019
Newbury College’s campus — 7.8 acres in a prime part of Brookline — is for sale, Colliers International said Thursday.

 

Baystate Business: Fidelity, the Fed, Real Estate
Bloomberg — February 21, 2019
Aaron Jodka of Colliers talked about the local real estate scene.

 

Adams House set to be auctioned March 5
The Herald News — February 21, 2019
Colliers International in Boston marketed the building. The auction will be conducted by Southcoast Auctions and Realty, 321 N. Main St.

 

Boston Is Still Banking On GE, Even In Condensed Form
Banker & Tradesman — February 19, 2019
Don’t expect real estate tears to flood Fort Point Channel over GE anytime soon.

 

Colliers International Boston’s Southwest team leases 164,000 s/f in Cabot Business Park
NE Real Estate Journal — February 15, 2019
The increasingly tight 495 South submarket, which lost half-million-s/f occupier, Covidien/Medtronic, just 18 months ago, has already backfilled the majority of that space and brought the market to a slim 12% vacancy rate following 343,000 s/f of recent absorption.

 

 

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