Colliers International Boston's Week In Review


Real Estate Articles of Note
September 1 – September 7, 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.


Mayor Walsh joins Skanska to celebrate the grand opening of Harbor Way
New England Real Estate Journal — September 07, 2018
Mayor Martin Walsh joined construction and development firm Skanska, and members of the Seaport community for a public block party event to celebrate the grand opening of Harbor Way, a 70-foot wide pedestrian promenade with 20,000 s/f of tree-lined open space and retail between Skanska’s 101 Seaport and 121 Seaport office developments.


Employment Situation Summary — September 07, 2018
Total nonfarm payroll employment increased by 201,000 in August, and the unemployment rate was unchanged at 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care, wholesale trade, transportation and warehousing, and mining.


Suburban Developers Not Deterred By Corporate Push To Be In Downtown Boston
Bisnow - Boston — September 06, 2018
Suburban developers highlight why they are doing just fine despite a perceived losing hand with so many companies wanting to be closer to downtown Boston.


Biotech VCs debate AI, globalization during Boston panel
Boston Business Journal — September 06, 2018
The intersection between technology and life science startups is growing, but don't expect investors in the two industries to cozy up anytime soon.


Biotech, Pharma amount to big business in Bay State
Dorchester Reporter — September 06, 2018
More than one-third of all venture capital money invested in biopharmaceutical companies last year went to Massachusetts companies, with the bulk of those dollars headed to companies in Cambridge and nearby, according to a new industry report.


Herald Suburban Move Will Shave Real Estate Costs
Banker & Tradesman — September 05, 2018
The Boston Herald has slashed editorial and advertising staff, setting off a fresh round of concern about the effects of Digital First Media’s cost-cutting.


Rare Newbury Street Listing Nets $10M
Banker & Tradesman — September 05, 2018
A Newbury St. building anchored by Stephanie Saunders Art Gallery has sold for $10 million in its first change of ownership in half a century.


Seaport District prices show no signs of abating heading into September
Curbed Boston — September 05, 2018
The Seaport District continues to outpace the rest of Boston in terms of housing prices.


Ten things you missed in real estate news on your summer vacation
Boston Business Journal — September 04, 2018
Here are 10 things you missed during your summer vacation in Boston-area real estate news:


National Development Gains Foothold in South Boston with ‘Gateway’ Parcels
Banker & Tradesman — September 04, 2018
National Development has acquired two of the largest parcels along South Boston’s Dorchester Avenue industrial corridor, an area primed for redevelopment.



Colliers In The News


Alewife’s Reinvention Has Only Just Begun
Banker & Tradesman — September 2, 2018
Developer Jay Doherty spent approximately three years negotiating in Alewife before closing on an $80 million acquisition of nearly 12 acres in August.


Woelfel, Brodigan and Elcock of Colliers assist Sovos in lease renewal
New England Real Estate Journal — August 31, 2018
Colliers International Boston, exclusive global real estate services advisor to Sovos, a global provider of software that safeguards businesses from the burden and risk of modern tax, negotiated a restructure and 8-year extension on Sovos’ behalf at its existing 200 Ballardvale St.



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