Colliers International Bostons Week In Review


Real Estate Articles of Note
September 23 – September 29, 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.


Reebok shows off its 30,000-square-foot gym at future Boston HQ
Boston Business Journal — September 28, 2017
“Reebok has a goal of being the fittest, healthiest workplace in the country, and the incredible facilities at our new location will help us achieve this goal,” said Reebok President Matt O’Toole in a statement.


Outside the Box: Yotel CEO Hubert Viriot on the Seaport, hotel market and Airbnb
Boston Business Journal — September 28, 2017
Hubert Viriot is the CEO of Yotel.


Real estate firm Otis & Ahearn bought by NY company
The Boston Globe - Print Edition — September 27, 2017
It will become part of New York-based Douglas Elliman, one of the country’s largest luxury real estate brokerages.


Developer scales back air-rights project over Mass. Pike
Boston Business Journal — September 27, 2017
Real-estate development firm Weiner Ventures had originally proposed building a condo and apartment tower atop a retail podium at 1000 Boylston St., a vacant lot adjacent to the Hynes Convention Center in Boston’s Back Bay.


Mass. residents — statewide — say they’d pay for better transit
The Boston Globe — September 26, 2017
Frustrated by the condition of public transportation infrastructure around the state, residents from Boston to the Berkshires who were engaged by state senators expressed interest in expanded rail and bus service and a willingness to pay for it, according to a new report.


Harvard’s IT unit taking Cambridge office after Infinity Pharma exits lease
Boston Business Journal — September 26, 2017
Infinity Pharmaceuticals originally expanded its headquarters into 784 Memorial Drive in November 2014, signing a lease through May 2025.


New York firm buys parking garage near Faneuil Hall for $170M
Boston Business Journal — September 22, 2017
Dock Square Garage is among the top three highest-grossing parking facilities in Boston.




Colliers In The News


80-Unit Luxury New Construction Property in Allston for Sale
Boston Real Estate Times — September 28, 2017
...Boston – Colliers International announced that it has brought to market Trac 75, an 80-unit luxury apartment community in ...


The Crazy Plan That Could Be Boston's Amazon HQ2 Silver Bullet
Forbes — September 29, 2017
While Boston is a top contender in the race for Amazon’s HQ2, critics say it is impossible to build 8M SF of offices in the city’s core. But transit upgrades tied to visionary commercial projects surrounding the region’s busiest train station would give downtown Boston more than enough room to house the company.


The Bloomberg Baystate Business Hour: Taxes And A New CEO
Bloomberg — September 27, 2017
Bloomberg Boston Bureau Chief Tom Moroney and Radio News Anchor Anne Mostue are joined by top names from local business and finance to medicine and politics, along with Bloomberg reporters covering the latest stories in and around Boston. Skip to 21:03 to hear Aaron Jodka, Director of Research for Colliers International in Boston, on the latest data on office and lab real estate in the area.


Boston’s Office Market Booms, But Is It At The Suburbs’ Expense?
Bisnow Boston — September 26, 2017
Boston’s elevated status as a key city for international business has office developers and financiers bullish on the foreseeable future, but some question if it comes at the suburbs’ expense.


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