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Real Estate Articles of Note
November 3 – November 9, 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.

 

 

City review says 20 percent of housing in Boston is income-restricted
The Boston Globe - Print Edition — November 08, 2018
The study does not address non-restricted units that are being rented at or sold at market-rate prices, which has led in many cases to increased rents, gentrification of neighborhoods, and a citywide affordable housing crisis.

 

New Green Line-Orange Line tunnel will benefit North Station commuters
Curbed Boston — November 08, 2018
No more exiting the lobby of North Station to connect to the Orange Line from the Green Line.

 

Here's what King Street's new life sciences campus in Allston would look like
Boston Business Journal — November 07, 2018
The project comes as biotech tenants are flocking to Greater Boston, and Cambridge’s white-hot Kendall Square neighborhood has near-zero vacancy.

 

See the approved design of Related Beal’s Kenmore Square redevelopment
Boston Business Journal — November 07, 2018
The approval comes at a time when officials are debating whether the Citgo sign atop 660 Beacon St. should be designated a city landmark.

 

Looking for an office? Try the former Hancock Tower
The Boston Globe - Print Edition — November 06, 2018
About one-fourth of the space in Boston’s tallest building is sitting vacant.

 

As top innovation hub expands, can straining local infrastructure keep pace?
Curbed Boston — November 06, 2018
Cambridge’s Kendall Square, a global center for biotech and tech firms, faces housing and transit challenges

 

Seaport building is hot property amid office space crunch
The Boston Globe - Print Edition — November 06, 2018
Boston’s red-hot office market has a bit of a problem. There’s a shortage of space to rent these days

 

Backup storage firm ExaGrid Systems moving headquarters to Marlborough
Boston Business Journal — November 06, 2018
The move will consolidate six separate facilities under one roof and expand the disk-based backup storage company’s footprint by about 16,000 square feet.

 

Report: Amazon will split HQ2 between two cities
Boston Business Journal — November 05, 2018
The Seattle-based technology giant named Boston and Somerville among 21 finalists to host an 8 million-square-foot second headquarters campus, but it's not clear which cities are still in the running now.

 

Cannabis Control Commission Negotiating Lease in Worcester
Banker & Tradesman — November 05, 2018
The Massachusetts Cannabis Control Commission is in lease negotiations for a second-floor office suite at Worcester’s Union Station.

 

Burlington's Veracode to be acquired by private equity firm for $950M
Boston Business Journal — November 05, 2018
Thoma Bravo, a San Francisco-based private equity firm, plans to buy Burlington software maker Veracode from its parent company Broadcom Inc. (Nasdaq: AVGO) for $950 million.

 

Carr Properties expands Boston holdings with $222M acquisition
Boston Business Journal — November 05, 2018
The 304,178-square-foot office at 200 State St. abuts the Rose Fitzgerald Kennedy Greenway in Boston’s Financial District.

 

Cambridge Crossing developer DivcoWest aims for top WiredScore internet connectivity rating
Boston Business Journal — November 02, 2018
The 45-acre Cambridge Crossing campus will be one of just two fully "Wired certified" neighborhoods in the U.S.

 

Newton's first life sciences incubator set to expand
Boston Business Journal — November 02, 2018
Longtime biotech executive Jeff Behrens ventured out of the C-Suite earlier this year, opening the first life sciences-focused incubator in Newton. Now he's expanding the project amid broader demand for shared lab space.

 

 

COLLIERS IN THE NEWS

 

John Hancock’s Seaport HQ Is Boston’s Hottest Office Commodity
Bisnow - Boston — November 06, 2018
John Hancock's Seaport headquarters is garnering plenty of tenant interest on news the company is vacating the nearly 500K SF property.

 

 

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