Real Estate Articles of Note
January 4 – January 11, 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.
Big pharma raises bet on biotech as frontier for growth
Boston Business Journal — January 11, 2019
Once biotechs were scrappy insurgents, nipping vainly at the heels of established big pharma. Now the industry’s behemoths are turning to the sector in growing numbers as they seek to replenish their drug pipelines and take a short-cut to high returns.
Ex-Juno execs reportedly seeking up to $1B for new biotech startup
Boston Business Journal — January 11, 2019
Former Juno Therapeutics Inc. executives Hans Bishop and Steve Harr have co-founded a new biotech, Sana Biotechnology Inc., less than a year after leading Juno through a $9 billion acquisition by Celgene Corp.
Biotech stocks are off to the best start of the year since 2012 on heels of J.P. Morgan conference
CNBC — January 11, 2019
After brutal losses to end 2018, the biotech sector is off to the best start of the year since 2012.
Mass. Pike in Allston, Soldiers Field Road are set for a major overhaul
The Boston Globe - Print Edition — January 10, 2019
The $1.1 billion project promises to radically reshape the western face of the city and will certainly disrupt travel for years.
Irish HR tech startup raises $35M to expand in Waltham and beyond
Boston Business Journal — January 10, 2019
Poppulo, an Irish software company with U.S. headquarters in Waltham, has raised roughly $35 million as it tries to grow its customer base among America's largest employers
How a recession could impact the housing market
Curbed — January 10, 2019
The fundamentals of the housing market are strong. But is it recession-proof?
State Street to lay off 15% of senior executives
Boston Business Journal — January 9, 2019
Days after taking over as chief executive of State Street Corp., Ron O’Hanley has moved to lay off 15 percent of the Boston-based company’s senior management ranks.
Airbnb in Massachusetts booming as regulations loom
Curbed Boston — January 9, 2019
Home-sharing site says more than 1.2 million stayed in the state in 2018 via an Airbnb rental
Study: Massachusetts boasts 19 of nation’s safest communities
7 News - Boston — January 9, 2019
There’s plenty of reasons to love living in Massachusetts, but one of the biggest reasons is clear — many communities are among the nation’s safest.
Nashua Group Says Light Rail Could Arrive by 2023
nhpr.org — January 8, 2019
A rail transit group formed by the Nashua Mayor’s office says a public-private partnership could bring passenger rail to the state by 2023. The Nashua Rail
Boston ride-hail fee increase could lead to more money for infrastructure improvements
The Boston Globe - Print Edition — January 8, 2019
The Walsh administration wants state lawmakers to allow towns and cities such as Boston to increase the fees that ride-hail companies such as Uber and Lyft have to pay per ride.
Boston’s more expensive student housing touches off equity debate
Curbed Boston — January 07, 2019
Critics say the swankier digs defeat one of the prime purposes of a college education. Proponents say they save schools money.
COLLIERS IN THE NEWS
How North Station Became Boston’s Next Tech Hub
Banker & Tradesman — January 11, 2019
Developer Boston Properties took what some considered to be a contrarian bet when it partnered with TD Garden owners Delaware North Cos. on a 1.9-million-square-foot development at North Station.
Harvard, MIT Heat Up Boston Area's Bio-Tech Hub
CoStar — January10, 2019
East Cambridge, 'the Smartest Square Mile in the World,' Is the Zip Code to Beat
Promising economic growth, Stoughton to pitch $9 million sewer
The Patriot Ledger — January 08, 2019
Town officials say the industrial development stimulated by the project could raise annual property tax rolls by more than $1 million.
CommonWealth Kitchen’s dilemma underscores problem for Boston’s industrial tenants
The Boston Globe - Print Edition — January 05, 2019
The non-profit is facing a rent increase. Its owner sees only two viable options: acquiring the site and expanding the building to accommodate future growth, or moving to a new place.
Baystate Business: The Fed, Wynn, and Durgin Park (Radio)
Bloomberg — January 04, 2019
48:40 - Aaron Jodka of Colliers talked about the real estate angle of the closing of Durgin Park.