Colliers International Bostons Week In Review


Real Estate Articles of Note
December 25, 2017 – January 5, 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.


Here's a look at the new, shorter, $1.3B Winthrop Square tower
Boston Business Journal — January 04, 2018
The planned skyscraper at Boston’s Winthrop Square, long a dream of late Mayor Thomas Menino, is working its way toward reality.


Storm surge highlights challenges faced by Boston's waterfront businesses
Boston Business Journal — January 04, 2018
While many restaurants were open in Boston on Thursday, the severe weather - and accompanying flooding wrought by high tide — prompted several along the waterfront to shutter early.


Developers aim to start work on One Post Office Square’s facade
Boston Herald — January 03, 2018
Developers hope to start work later this year to replace the pre-cast concrete exterior of One Post Office Square with a glass facade as part of a $250 million office tower and garage modernization project.Renovations for the 41-story tower would include a minor expansion, revitalized retail and office amenities including an expanded gym and juice bar, a new pedestrian entrance, and the creation of a new mid-level “porch” and penthouse “Lantern” club, according to a detailed project filing with the Boston Planning & Development Agency.


Betting site gives Boston 7-to-1 shot of landing Amazon's HQ2
Boston Business Journal — January 03, 2018
Boston remains a top contender to land technology giant Inc.’s second headquarters — at least, according to Irish betting website Paddy Power.


Reebok, Adidas could reap $80M from sale of 65-acre corporate campus in Canton
Boston Business Journal — January 03, 2018
Reebok and its parent company Adidas Group put the athletic gear maker’s 65-acre campus on the market last April.


Skanska sells Boston’s new luxury Watermark Seaport tower for $60M
Boston Business Journal — December 29, 2017
U.S. developer Skanska announced the divestment of its 43 percent ownership of Watermark for $60 million, saying the deal translates to one of the highest price per unit for a multi-family project in Boston.


112 units of affordable housing planned for Cambridge
The Boston Globe — December 23, 2017


Developer aims to lure expanding seafood purveyors to South Boston project
Boston Business Journal — December 22, 2017
A Westwood-based developer has proposed a series of buildings that would house what he describes as "two to three expanding" seafood companies in South Boston as part of the Massachusetts Port Authority's effort to develop a 23-acre waterfront tract.




Colliers In The News

Colliers Year-end Market Viewpoint
Colliers International | Boston — January 05, 2018
We are pleased to release our fourth quarter Market Viewpoint, highlighting conditions in the Greater Boston office and lab market.


Global ed tech firm Cengage to move Boston HQ, hire 100
Boston Business Journal — January 04, 2018
...Real-estate brokerage Colliers International represented Cengage in its search for a new headquarters.. .Cengage will join management ...


Colliers International handles 100,000 s/f in leases for Hines
New England Real Estate Journal — January 04, 2018
...Additional members of the Colliers International Boston team, senior vice president Bill Lynch, assistant vice president Jason Rexinis and associate ...


Landlords Woo Startups With Built-In Clubs and Office Beers
Bloomberg Businessweek — January 05, 2018
Boston’s financial district is losing tenants to the fast-growing Seaport area next door. The neighborhood’s vacancy rate rose to 11.9 percent in the fourth quarter, up from 8.7 percent two years earlier, says Aaron Jodka, Colliers’s director of research for Boston.


Aaron Jodka Joins Bloomberg Baystate Business
Bloomberg — December 28, 2017
Aaron Jodka of Colliers stopped by to give us a year-end review of the local real estate scene (40 minute mark).


Revised plans for Winthrop Square tower don’t go to such great heights
Boston Globe — January 03, 2018
A report this week from real estate firm Colliers said more than 250 companies are in the market for a total of 6 million square feet of office space in the city, both records.


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