Colliers International Bostons Week In Review

week-in-review-544x310

Real Estate Articles of Note
November 4 – November 10, 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.

 

Suffolk Downs Redevelopment Calls for 11M SF In East Boston
Banker & Tradesman — November 09, 2017
Redevelopment of the 161-acre Suffolk Downs property could include approximately 11 million square feet of residential and commercial development in East Boston, including a fast-tracked 500,000-square-foot office building if Amazon selects the site for its second headquarters.

 

Demolition underway at Boston’s crumbling Winthrop Square garage
Boston Business Journal — November 09, 2017
The Winthrop Square garage has been defunct and dilapidated for years. This month, crews from Suffolk Construction began its demolition.

 

With IDBeach in the Seaport, Jamestown brings summer inside
Boston Business Journal — November 09, 2017
The weather outside is turning colder, but Jamestown Properties is keeping summer going with a new event space called "IDBeach" at Boston's Innovation and Design Building.

 

Panera Bread to acquire Boston-based Au Bon Pain
The Boston Globe — November 08, 2017
Panera Bread announced on Wednesday that it would acquire Boston-based Au Bon Pain, a move that will reunite two bakery-cafes that share the same starter yeast.

 

Virtual gene editing startup to lease Cambridge lab after $40M round
Boston Business Journal — November 08, 2017
The company, Exonics Therapeutics, said the Series A round will allow it to hire scientists to conduct preclinical research into a potential treatment for Duchenne muscular dystrophy.

 

Emerson College pays $24M for site of long-planned condo tower facing Boston Common
Boston Business Journal — November 07, 2017
For the past three years, a team lead by Swiss real estate developer Maurice Dabbah planned a sky-scraping skinny condominium tower on Tremont Street facing the Boston Common. Now Emerson College owns the site.

 

Boston continues to add millionaires. Here’s how it stacks up to other Massachusetts towns.
Boston Business Journal — November 06, 2017
Over a four-year period, the number of Boston residents reporting at least $1 million in income has grown by nearly 50 percent.

 

Boston makes new ranking of best Amazon HQ2 cities (SLIDESHOW)
Boston Business Journal — November 06, 2017
The study by real estate firm REIS bets heavily on tech-focused coastal hubs.

 

It’s official: Bose to join Proteostasis, Roche Diagnostics at Boston Landing
Boston Business Journal — November 06, 2017
The Framingham-based consumer electronics company is the fifth-largest private company in Massachusetts, with 2016 revenue of $3.8 billion and a statewide workforce of 2,392 employees.

 

Medical marijuana growing operation negotiating in Athol
Boston Herald — November 05, 2017
ATHOL, Mass. — A large medical marijuana indoor growing operation is negotiating for space in a largely vacant mill building in Athol, and the people behind it say it could bring hundreds of jobs.Town Manager Shaun Suhoski tells the Telegram & Gazette he's negotiating an agreement for the facility after selectmen took a vote of non-opposition.

 

Nordblom kicks off formal city review of proposed Boston Globe HQ redevelopment
Boston Business Journal — November 03, 2017
Burlington-based Nordblom Co. has formally notified the city of its intent to renovate and reuse the expansive former Boston Globe headquarters at 135 William T. Morrissey Blvd. in Dorchester.

 

Amazon considering big Boston expansion apart from HQ2, sources say
Boston Business Journal — November 03, 2017
Amazon sent shockwaves through the business world this fall with a surprise request for proposals seeking bids for a $5 billion second headquarters. But that hasn't stopped the tech giant from quietly searching for more space in Boston.

 

 

 

Colliers In The News

Just Released: Great Boston Industrial Viewpoint Q3 2017
Colliers International Boston — October, 2017

 

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