Colliers International Boston's Week In Review

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Real Estate Articles of Note
June 1 – June 7, 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.

 

Morrissey Boulevard development in Dorchester could spawn several buildings
Curbed Boston — June 07, 2019
Tentative plans near the JFK/UMass T stop call for hundreds of housing units, plus retail, parkland, and parking

 

MassMutual's Seaport Tower Will Also Be New MassChallenge HQ
Bisnow — June 06, 2019
The Springfield-based insurance company broke ground Tuesday on a 17-story, 310K SF Fan Pier office building where it plans to employ 1,000 people. The move is part of a greater $300M Massachusetts expansion for the company, which also plans to add 1,500 jobs at its Springfield headquarters by 2021.

 

Tishman Speyer rolls out its co-working business in LA and Boston
CRETech — June 06, 2019
The commercial landlord, which has 165 million square feet across 400 buildings, said Monday that it has opened locations for its co-working business, Studio, in Boston and Los Angeles this month. And the company has plans to open more in New York, as well as enter markets such as Washington DC, Chicago, Rio De Janeiro and some undisclosed locations in Europe.

 

Massachusetts Employer Confidence Weakens in May, But Still Positive
Banker & Tradesman — June 05, 2019
Massachusetts employers were less confident about economic conditions in May, amid renewed trade tensions and concerns among companies about increased operating costs from paid family leave and other government mandates.

 

Businesses exiting. Talk of mall-ification. Empty stores. Some fear what’s next for Harvard Square
BostonGlobe.com — June 05, 2019
Over the past three years, dozens of businesses have exited Harvard Square, the most recent being John Harvard’s Brewery & Alehouse. Now, the wave of closures has some on edge.

 

Bulfinch Triangle Hotel Sells for $46.7M
Banker & Tradesman — June 05, 2019
A boutique hotel near Boston's North Station has sold for $46.7 million, according to documents filed in the Suffolk Registry of Deeds.

 

Here's where Amazon has the most corporate employees across the U.S.
Boston Business Journal — June 05, 2019
Amazon's combined workforce in tech hubs around the country add up to about the size of the Seattle-based company's planned second headquarters.

 

WS Development taps architect for next Seaport building
Boston Business Journal — June 05, 2019
WS Development has tapped Morris Adjmi Architects, a New York-based architecture and interior design firm, to design its next Seaport Square building.

 

CVS announces further expansion into health care services
BostonGlobe.com — June 04, 2019
CVS Health is pushing deeper into health services with plans to add dietitians, medical equipment, and space for the occasional yoga class to 1,500 stores over the next few years.

 

Boston City Hall Plaza renovations could start in fall 2019
Curbed Boston — June 04, 2019
Initial work would shore up expanse’s foundations, with new additions coming next spring

 

Report Finds State Has One of Strongest Economies In U.S.
Banker & Tradesman — June 03, 2019
Massachusetts had the third best state economy in the study, behind only Washington and Utah.

 

The Davis Companies Celebrates the Groundbreaking of $170 Million, 138 Unit Condo Building in Boston
Boston Real Estate Times — June 03, 2019
The Davis Companies hosted a groundbreaking celebration to launch 100 Shawmut, the South End’s newest collection of thoughtfully designed luxury condominium residences slated to open in Fall 2020.

 

$7M Apartment Redevelopment Planned for Worcester Eyesore
Banker & Tradesman — June 03, 2019
A long-vacant, brick Worcester shoe factory could become 62 apartments under a plan from a Chelsea-based developer.

 

 

COLLIERS IN THE NEWS

 

Corigin Real Estate purchases Village at Cedar Heights for $15 million
nerej.com — June 07, 2019
Colliers International’s Multi-Family Advisory Group represented south suburban owner/developer/construction group, Turner Brothers, in the sale of the Village at Cedar Heights.

 

Reason Beats Rhyme in $84M Financing
The Real Reporter — June 07, 2019
Pg 7: Colliers Financing group structures loan for new 10-story luxury apartment construction in Lynn

 

Real Estate Forum - June 2019 - 49
reforum-digital.com — June 07, 2019
Pg 47: With the addition of David Amsterdam, David Kotansky and Jeff Black, Colliers International has curated a premier US capital markets team.

 

I-95 Construction Roundtable
Colliers International — June 06, 2019
From Beantown to D.C. and every major market in between, office buildings under construction are changing skylines while new and refurbished industrial products are dotting the suburban landscape.

 

Boston's Next Biotech Hub
colliersinfocus.com — June 03, 2019
Greater Boston’s thriving life science industry has spurred a lot of debate about its next biotech hub.

 

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