Colliers International Bostons Week In Review

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Real Estate Articles of Note
January 5, 2018 – January 12, 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.

 


Dutch firm Philips to move North American headquarters from Andover to Cambridge
BostonGlobe.com — January 11, 2018
Health care tech giant says about 2,000 employees will work in new building by 2020.

 


Amazon's looking to grow in Boston’s Seaport. Here’s where it could go.
Boston Business Journal — January 09, 2018
Tech giant Amazon.com is now in active negotiations to lease up to 1 million square feet in the Seaport District, a deal that’s separate from its ongoing HQ2 search and that the Business Journal was first to report last November.

 


DraftKings doubling size of Boston HQ with move to Back Bay
Boston Business Journal — January 11, 2018
DraftKings Inc., the firm behind the daily fantasy sports site that has skyrocketed to national prominence since its founding in 2012, has plans to double the size of its Boston headquarters with a move to the city’s Back Bay neighborhood in 2019.

 


Developer alters Charles River housing proposal
Boston Herald — January 10, 2018
A few hundred market-rate apartments would be built along the Charles River in Brighton under a Boston developer’s plans that also include an affordable condominium building across the street.Dinosaur Capital Partners LLC has submitted a letter of intent for a six-story building with 211 market-rate apartments at 1550 Soldiers Field Road and a separate four-story building with 38 income-restricted condos at 21 Soldiers Field Place.

 


Fortis Property Group pitches residential tower atop Boston’s Hard Rock Cafe
Boston Business Journal — January 09, 2018
New York-based Fortis Property Group this fall bought Boston’s Dock Square Garage, a brick parking garage that spans a full city block near Faneuil Hall and is also home to the Hard Rock Cafe.

 


Boston rents still rising, but not as fast
BostonGlobe.com — January 09, 2018
The opening of new apartment buildings in the region has helped to blunt the surge in rents, according to two new reports.

 


Study ranks Mass. as best place to raise a family
The Boston Globe — January 09, 2018
How did the other New England states fare, and who came in last? Get the latest real estate news and expert advice at realestate.boston.com.

 


Sears closing Burlington store, 100 others around the country
Boston Business Journal — January 05, 2018
The total includes Sears and Kmart stores for the struggling retailer.

 


Walmart to close last Sam's Club store in Mass., leaving 167 workers jobless
Boston Business Journal — January 12, 2018
The Sam's Club in Worcester — the last Sam's Club in the Bay State — will close to the public on Jan. 26, according to a company spokeswoman. A state filing on Thursday further confirmed the company will lay off all of its 167 workers at the store by March 16.

 

 

 

 

Colliers In The News

 


Men's Lacrosse Travels To Boston For Annual Career Networking Day
friars.com — January 10, 2018
...Colliers International was the next stop of the day where the team was treated to a presentation from Jeff Black ’06 and ...

 


The New Tax Code Spells Trouble For Healthcare – Except In Massachusetts
Bisnow Boston — January 11, 2018
"Locally, it really shouldn’t have an impact,” Colliers International Director of Research Aaron Jodka said. "We still have the R&D operations taking place, still have the brain power and the drug pipelines are still what they were." “If you look at Massachusetts, that shouldn’t have an impact on us because we have a state policy,” Jodka said. “I don’t see it hurting us."

 

 

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