week-in-review-544x310

Real Estate Articles of Note
June 12 – June 16, 2017

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.

 


Amazon to acquire Whole Foods Market
Boston Globe — June 16, 2017

Online juggernaut Amazon is buying Whole Foods in a deal valued at about $13.7 billion, a strong move to expand its growing reach into groceries.

 


Even with job growth, Mass. unemployment rate rises past 4 percent
Boston Business Journal — June 15, 2017

Massachusetts’ unemployment rate increased last month even though the state appears once again to have added jobs, thanks to a higher number of residents that are looking for work.

 


Seaport shipwreck inspires 'Harbor Way' museum
The Boston Globe - Print Edition — June 14, 2017

Developer of office tower complex plans outdoor historical exhibit on waterfront’s past.

 


HFF arranges $180M loan for $1.5B Bulfinch Crossing
Boston Business Journal — June 14, 2017

HFF helps finance long-delayed work on the Government Center Garage and One Congress Street

 


With Echelon, Cottonwood aims to bring Back Bay to the Innovation District
Boston Business Journal — June 13, 2017

The design team for the $800 million, 733-unit Echelon Seaport drew inspiration from Back Bay townhouses, the developer said.

 


Verizon is opening a co-working space in Cambridge
Boston Business Journal — June 13, 2017

What to do with old space at Verizon? Turn it into co-working spaces, of course.

 


Widett Circle fish distributors win bidding for marine industrial park site
The Boston Globe - Print Edition — June 13, 2017

Seafood dealers in Widett Circle could soon be packing their bags and headed to the waterfront.

 


Greenway deal could clear the way for Winthrop Square tower
Boston Globe — June 12, 2017

The City of Boston, Baker administration officials, and key Beacon Hill lawmakers have reached a tentative agreement on a deal that would smooth the way for a massive skyscraper to rise over Winthrop Square and could help finance the Rose Fitzgerald Kennedy Greenway over the next decade

 


With Wynn’s casino rising nearby, city has plans for Sullivan Square
Boston Globe — June 12, 2017

It’s one of the busiest intersections in Boston, infamous for its congestion, chaotic traffic patterns, and forbidding expanse of timeworn streets and crumbling concrete.

 


GE’s Immelt Steps Down as CEO; to Retire At Year’s End
GlobeSt.com — June 12, 2017

BOSTON—Replacing Immelt as CEO in August will be John Flannery who is the current president and CEO of GE Healthcare. Flannery takes over as GE chairman

 

 

 

Colliers In The News

 


Seaport’s Center Of Gravity Is Shifting
Colliers International — June 16, 2017

Have you walked through the Seaport lately? It is truly amazing how rapidly the neighborhood is changing. Decades in the making, the transformation in this real estate cycle has been astounding. Residential is booming, retail is quickly coming on the scene, hotels are popping up, and the office market is thriving – particularly new product.

 


Boston's Crash Will Come, But Don't Ask Developers When
Bisnow — June 14, 2017

After years of unprecedented growth, Boston seems overdue for an economic crash — just do not ask developers to pinpoint when that correction is going to be....KIG Real Estate Advisors founder Justin Krebs and Colliers International Executive VP of Boston Capital Markets Group Jeff Black. .The measured growth Boston and ...

 


citybizlist : Boston : Colliers Leases Vacant, 128K-SF Hudson Warehouse to CPI Radant
Citybizlist Boston — June 14, 2017

...Colliers International’s Southwest team announced today that it has leased the fully vacant, 128,000-square-foot industrial property at 4 Bonazzoli Avenue in Hudson to CPI Radant, a division of Communication & Power Industries (CPI), specializing in the design, manufacture and testing of radomes, antennas, and composite structures for aerospace, defense and commercial uses.

 


citybizlist : Boston : Colliers Sells 44-unit Fall River Apartment Community
Citybizlist Boston — June 11, 2017

...Colliers International announced today that it sold Fall River’s 44-unit Bay View Independent Living Apartment Community for $4.75 million to SMG, Inc., a local player in the Fall River market who already owns and operates two other apartment communities.

 

To subscribe to the Week In Review newsletter mailing list email WeekInReview@colliers.com