Real Estate Articles of Note
January 19 – January 25, 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.
Supreme Court ruling raises concerns about pharmaceutical, tech patents
Boston Business Journal — January 25, 2019
A U.S. Supreme Court ruling this week is raising questions for local biotech and technology companies, with some attorneys saying that it could put the validity of five years' worth of patents in jeopardy and upset collaborations and mergers.
Bulfinch building $150M spec lab near Alewife
Boston Business Journal — January 24, 2019
Boston-based The Bulfinch Cos. has started construction on a speculative 270,000-square-foot laboratory and office building.
Boston 2025: The most noticeable ways the region’s landscape will change by then
Curbed Boston — January 24, 2019
Transportation, towers, and more—residents won’t be able to escape the alterations all around them
State Street’s new HQ deal to jumpstart Government Center Garage project
The Boston Globe - Print Edition — January 23, 2019
The financial services giant will move from its tower near South Station to One Congress, a move that will also lead to much of the Government Center garage being torn down.
Growing tech firm Attivio moving HQ from Newton to Boston
Boston Business Journal — January 23, 2019
Tech company Attivio Inc. plans to move its headquarters from Newton to downtown Boston this May.
Group Blasts Baker's Real Estate Transfer Fee Hike
Banker & Tradesman — January 23, 2019
Baker on Friday announced a proposal to raise the excise rate from $2 per $500 of assessed value to $3 per $500 of value, saying it represents “a point-two percent increase.”
Mass. General Hospital plans large addition - The Boston Globe
The Boston Globe - Print Edition — January 22, 2019
The project, which would cost more than $1 billion, includes two connected 12-story towers on Cambridge Street, with hundreds of private patient rooms, a heart center, a cancer center, operating rooms, and other clinical areas.
BPDA Approves Plan To Go Residential At Former Boston Cab HQ
Bisnow - Boston — January 22, 2019
The BPDA has approved a plan to turn the Boston Cab headquarters into a sprawling Fenway residential development.
COLLIERS IN THE NEWS
Colliers Closes $16 Million in Acquisition Financing for 10 Carematrix
Boston RE Times — January 22, 2019
Colliers Boston Capital Markets team announced that it has recently arranged acquisition/rehab financing for a healthcare rehabilitation center located at 10 Carematrix Drive in Dedham, MA.
Colliers Completes $9.62 Million Acquisition Financing for Berkeley Partners
Boston RE Times — January 20, 2019
Colliers International’s Boston-based Capital Markets group recently announced that it has secured $9.62 million of financing to recapitalize Berkeley Partners’ $14.8 million all cash purchase of 25 Commerce Way in North Andover, MA.