Colliers International Bostons Week In Review


Real Estate Articles of Note
May 15 – May 19, 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.


The List: Life science/biotech companies lead area VC investments
Boston Business Journal — May 19, 2017

Life sciences and biotechnology companies continued to be Massachusetts’ equity investment magnets in 2016. Of the state’s top three most-active venture capital investors, in terms of their total amount of VC funding in Massachusetts companies in 2016, No. 1-ranked Third Rock Ventures and No. 2-ranked Flagship Pioneering are nearly exclusively focused on the industry. And more than half the active investments from No. 3-ranked Polaris Partners are in biotech or health care companies.


The Imagine Boston 2030 plan is almost done — here are some highlights
Boston Globe — May 18, 2017

Boston’s first citywide plan since the 1960s is just about done. Mayor Martin J. Walsh on Thursday is set to unveil the nearly-final version of the Imagine Boston 2030 plan, a pile of goals and maps and pictures that lays out how his administration – and thousands of Bostonians who weighed in with their ideas – wants the city to grow over the coming years.


Goldman Sachs-backed iboss plans to hire 'thousands' after Boston HQ move
Boston Business Journal — May 18, 2017

Iboss Inc., a cybersecurity firm that was founded in San Diego in 2003, on Wednesday announced it has moved its corporate headquarters to Downtown Boston, where the CEO has ambitions to "hire thousands of people" and help cement Massachusetts as the "number one cybersecurity hub in the world."


Boston University plans expansion, renovation of dental school building
Boston Business Journal — May 18, 2017

The renovation and expansion project would allow BU to capitalize on a “unique opportunity to advance its program in dental medicine and dental services,” the BU Trustees wrote.


65 condos proposed for 3 East Boston sites
Boston Herald — May 17, 2017

Development teams are proposing three residential projects that would add a combined 65 condos on commercial properties in East Boston.K & K Development Inc. of Jamaica Plain has filed plans with the Boston Planning & Development Agency for a 19-unit condo building with 21 ground-floor parking spaces at 10-16 Everett St. An auto repair/service center on the 9,000-square-foot site would be demolished.The four-floor building would have 17 market-rate and two affordable units as a mix of one- and two-bedrooms, the majority with exterior decks.


Here’s the first look at Allston-Brighton’s first commuter rail station in 55 years
Boston Business Journal — May 17, 2017

Boston's Allston-Brighton neighborhood has not had commuter rail access since the 1962 expansion of the Massachusetts Turnpike forced the shuttering of three rail stations. That changed Wednesday with the opening of the Boston Landing Commuter Rail station.


Historic downtown Boston office building sells for $79M
Boston Business Journal — May 17, 2017

A building that, in 1905, was described as "one of the best designed of the modern office structures in Boston" has sold for $79 million.


'More than bricks and mortar': Omni hotel welcomed to the Seaport
Boston Business Journal — May 16, 2017

Robert Rowling, CEO of the holding company that owns Omni Hotels and Resorts, spoke with some chagrin of the anticipated $550 million cost to develop a 1,054-room hotel in Boston’s Seaport District. Boston Mayor Martin J. Walsh assured Rowling the cost would be “well worth it.”


By the numbers: South Boston's 15-acre Edison power plant project
Boston Business Journal — May 16, 2017

Hilco Redevelopment Partners and Redgate Real Estate aim to have the mammoth 2.1 million-square-foot project built out by 2021.


Somerville housing debate echoes across region — May 16, 2017

How much affordable housing should governments require of developers without scaring them off?


Chinese drugmaker Qilu enters Massachusetts with new Brighton office
Boston Business Journal — May 16, 2017

The company acquired the 25,000 square-foot building at 50 Soldiers Field Place last year for around $10 million, a spokesman said.


After $68M raise, real estate tech startup Convene plans Boston expansion
Boston Business Journal — May 15, 2017

The company teamed up with TH Real Estate — the real estate investment management arm of TIAA — and Ivanhoe Cambridge to develop and operate the meeting and event venue.




Colliers In The News


The Bloomberg Baystate Business Hour: Banks and Real Estate
Bloomberg — May 18, 2017



citybizlist : Boston
Citybizlist Boston — May 17, 2017

...Colliers International’s Capital Markets Group announced today that they will bring to market a capital/joint ...


Medical Office Transactions: Healthcare Trust of America, Colliers International - Medical Office News
Medical Office News — May 16, 2017

...Colliers International’s Boston Capital Markets Group recently closed the $60.5 million sale of the Blackstone Valley ...


Beth Israel Deaconess Medical Center Signs Deal at Summit Corporate Center
CoStar News - Boston — May 16, 2017

...James Elock, David Goodhue and John Hines with Colliers International represented the landlord, Eversource. Bill Lynch and Kristin Blount, also of Colliers, ...


citybizlist : Boston : Colliers Brings Unique Morrissey Boulevard Development Opportunity to Market
Boston Citybizlist - Commercial Real Estate — May 13, 2017

...Colliers International’s Capital Markets Group announced today that they will bring to market a capital/joint venture or ...


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