Real Estate Articles of Note
July 16 – July 20, 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 what happens when startups go wrong
BostonGlobe.com — July 20, 2018
Not long ago, Boston companies Jibo and Jana showed a lot of promise, but now their survival is in doubt.
St. Regis luxury condo tower coming to the Seaport District in Boston
Boston Business Journal — July 19, 2018
The 22-story condominium tower is the second-ever St. Regis-branded standalone residential property that’s been publicly announced, following a $100 million luxury senior housing development that broke ground in New York's Westchester County earlier this year.
Rubius nets record $241M IPO as biotech investors show appetite for risk
Boston business Journal — July 18, 2018
The Massachusetts biotech sector's strength on the stock market has reached a new high, with cancer-fighting startup Rubius Therapeutics Inc. netting $241 million from a record-breaking IPO.
Under budget pact, business tax breaks will get more scrutiny
Boston Business Journal — July 18, 2018
Under the state budget agreement reached Wednesday, the Massachusetts Department of Revenue would begin regularly reviewing the state’s corporate tax breaks to help determine whether they are worth the use of taxpayer money.
Add-on apartments seen as way to ease housing crunch
Boston Herald — July 18, 2018
Some Boston-area municipalities are opening up the door to more in-law-style apartments as advocates say loosening regulations could add much-needed housing stock.“It’s a great way to add more housing in a way that requires no public investment in infrastructure,” said Amy Dain, a researcher who conducted a study released yesterday by the Pioneer Institute and Massachusetts Smart Growth Alliance.
Massachusetts state budget won’t include controversial provisions on immigration
The Boston Globe - Print Edition — July 18, 2018
The Democratic-controlled House and Senate are poised to soon pass the spending plan, a compromise between the two chambers.
Moderna's $110M Norwood site built with expansion hopes
Boston Business Journal — July 17, 2018
Biotech unicorn Moderna Therapeutics is already planning for the future, though company officials admit their efforts to steer human cells to create disease-fighting proteins is still in the early clinical stages.
Colliers In The News
Life Science Is On The Move
colliersinfocus.com — July 20, 2018
The Cambridge lab market is about as tight as it has ever been. Vacancies are 2.5% at the end of the second quarter, sublease space is all but gone, and rents have never been higher.
Brain Gain: How Boston's Full Lab Market Could Benefit Other Cities
Bisnow — July 19, 2018
Kendall Square, across the Charles River from Boston, is the hub of the U.S. life science industry, but the latest chapter in the neighborhood's ongoing space issues may finally push companies to relief valve markets beyond New England.
Bloomberg Baystate Business: Dell and Toast
Bloomberg.com — July 19, 2018
13:25 Aaron Jodka, research director of Colliers, talked about trends in local real estate.