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Real Estate Articles of Note
July 2 – July 13, 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.

 

Developer Eyes Boston City Hall Annex Property for 61-Story Tower
Banker & Tradesman — July 12, 2018
A South Boston developer has submitted designs for a 61-story office and residential tower above Boston’s City Hall Annex.

 

Tariffs are making it more expensive to build in Boston — and that could push rents even higher
The Boston Globe - Print Edition — July 12, 2018
On a major project, a few percentage points’ difference in the price of goods can amount to millions of dollars, increasing costs for both commercial and public projects like MBTA improvements.

 

Japanese drug maker signs $430m deal to buy Waltham-based Visterra
The Boston Globe — July 11. 2018
The Japanese drug maker Otsuka Pharmaceutical Co. has signed a deal to buy Waltham-based Visterra Inc. for $430 million, the latest move by a foreign pharmaceutical company to establish a presence in the white-hot Massachusetts biotech cluster.

 

Harbor Towers sues to stop 600-foot building at site of Boston Harbor Garage
Curbed Boston — July 11, 2018
Suit contends the ‘gargantuan’ skyscraper needs state legislative approval

 

Development near Fenway Park would add 443 residences to the area
Curbed Boston — July 11, 2018
The project is also due to include around 7,800 square feet of restaurant and/or retail space; 250 parking spots; and covered bike storage for 443 vehicles.

 

MassMutual Boston Seaport office moving forward after design OK
Boston Business Journal — July 11, 2018
... (Nasdaq: VRTX) world headquarters, luxury condominiums at 22 Liberty Dr. and offices forlaw firm Goodwin Procter at 100 Northern Ave.. .The office “provides a fresh perspective on commercial design in ...

 

Where to find public restrooms on the Boston waterfront
The Boston Globe - Print Edition — July 11, 2018
Boston Harbor Now group has created a searchable and mappable database of public facilities along Boston’s coastline.

 

Target to open first Cape Cod store next year
Boston Business Journal — July 10, 2018
Target Corp. plans to open an 80,000-square-foot store at the Cape Cod Mall in Hyannis next year, marking the first Cape Cod location for the Minneapolis-based retail giant.

 

Live where you work? In Waltham, that’s not so easy
The Boston Globe - Print Edition — July 09, 2018
These are boom times in Waltham. But the city’s economic growth is missing one key ingredient: new housing.

 

Mass. business confidence dropped sharply in June, survey shows
Boston Business Journal — July 3, 2018
A survey by the Associated Industries of Massachusetts found a sudden decline in employer confidence last month, a drop-off that the business group said could be attributed in part to concerns about tariffs and a new state law.

 

New England stakes its claim in New Space
The Boston Globe - Print Edition — July 03, 2018
Space exploration is enjoying a new kind of glamour these days, and these local companies are basking in the glow.

 

 

Colliers In The News

 

 

 

Colliers International | 2018 Q2 Market Viewpoint Report Boston Colliers
colliers.com — July 13, 2018
Boston continues to roll up large leasing numbers. The city has topped 1.2 million SF of absorption through midyear, the strongest start to the year in more than a decade. Market conditions remain str

 

Boston Retail Shows No Signs of Slowing
constantcontact.com — July 13, 2018
The wave of new commercial development sparked by job growth continues

 

Three Colliers Offices Meld MF In New Initiative
GlobeSt.com — July 12, 2018
The Atlanta Boston and Chicago offices have joined forces to share information and deal flow on behalf of their clients.

 

WeWork grows again in Boston, this time in the Seaport
Boston Business Journal — July 12, 2018
The New York-based co-working giant will take another step toward becoming one of Boston’s largest users of office space by opening a 10th area location in the city’s Seaport District this winter.

 

EXCLUSIVE: Replimune Group Picks Framingham For 63K SF Manufacturing Center
Bisnow - Boston — July 10, 2018
A Waltham-based biotech company is the latest Massachusetts life science company to expand manufacturing operations within the state.

 

Coworking Fills in the Gaps - Banker & Tradesman
Banker & Tradesman — July 06, 2018
Expansions by WeWork, its fast-growing rival Industrious and local operator WorkBar attest to the co-working industry’s role in extending the commercial real estate cycle in Greater Boston.

 

Wayfair Scouting Biggest-Ever Expansion in Boston
Banker & Tradesman — July 05, 2018
Fresh off its signing of a nearly 400,000-square-foot office lease in Back Bay, online retailer Wayfair is already scouting real estate for its biggest expansion to date.

 

A Scramble to Develop Office Space in Somerville
constantcontact.com — July 1, 2018
Union Square developers racing to build office and lab

 

 

 

 

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