Colliers International Boston's Week In Review


Real Estate Articles of Note
October 6 – October 12, 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.


In the red-hot race to fill biotech jobs, benefits abound — October 11, 2018
The Massachusetts biotechnology sector is growing so fast that employers are offering increasingly generous — and almost unheard of — benefits to attract and keep workers.


A British firm wants to build privately run student housing in Boston — October 11, 2018
Scape, a firm that operates student buildings in the United Kingdom, Australia, and Ireland, says it will spend $1 billion to develop privately run student housing in Boston.


Boston one of world’s 10 most expensive cities for housing: Report
Curbed Boston — October 11, 2018
Boston is the seventh most expensive city in the world in terms of housing costs, according to a recent Bloomberg analysis.


In Boston, the middle class is shrinking, and it's harder to get ahead than it used to be
The Boston Globe - Print Edition — October 10, 2018
A Boston Foundation report examines a thriving city fractured by race, income, and social mobility disparities.


Fate of Boston's Citgo sign remains up in the air after meeting
Boston Business Journal — October 10, 2018
From its deep symbolism for countless marathon runners to its place in the literature of David Foster Wallace, arguments were made as to why Boston's most famous gasoline-advertisement-turned-Boston-icon ought to be enshrined as a city landmark Tuesday night.


MIT to start work on a ‘new front door’ to the university
The Boston Globe - Print Edition — October 09, 2018
At a HUBweek event, MIT officials outlined an ambitious project they say will transform Kendall Square.


P&G to sell block of Gillette campus next to GE's future headquarters
Boston Business Journal — October 09, 2018
“We saw this as a great opportunity to make the most of a strong real estate market while enhancing the neighborhood.”


GE's CEO change raises questions about a smaller Boston HQ
Boston Business Journal — October 09, 2018
Since Larry Culp took over as GE's CEO, GE has declined to say whether its Boston headquarters plans might change. If Culp’s priorities at his last job are any indication of what’s coming at GE, a 390,000-square-foot headquarters may not be high on his list.


Newton project off Riverside Green Line stop would have eight residential buildings
Curbed Boston — October 08, 2018
Proposal also calls for two office buildings, a 200-room hotel, and plenty of parking


Boston development firms’ diversity to be a factor in sales of city-owned parcels
Curbed Boston — October 08, 2018
Developers who want to buy land that Boston owns will have to disclose how much of their workforce and how many of their investors are minorities and women under plans that the city is expected to roll out in mid-October.


Charlestown Navy Yard warehouse to become museum and visitors center
Curbed Boston — October 08, 2018
Project could presage redevelopment of hundreds of thousands of square feet within the historic expanse



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