Regions Northeast | Boston
Boston-Area Biotech Firms Seek Cheaper Space in Suburbs
April 27, 2009
Drug maker Alkermes Inc. last week became the latest in what has become a growing line of biotech firms leaving Cambridge, Mass., in search of less expensive office and laboratory space in the suburbs. The company plans to relocate to a 100,000-square-foot facility in Waltham early next year, a move that Alkermes says will eventually save some $750,000 a year.
The News: The Big Question for Boston
Feb. 03, 2009
Apartment assets in outlying areas of the Boston metropolitan area should see competition from the shadow rental market, but core assets are predicted to outperform, according to a recent Marcus & Millichap Real Estate Investment Services Inc. report. A major question, though, is how job losses will affect the city’s multi-family market.
Boston OKs Changes to $500M Waterfront Project
Jan. 15, 2009
The City of Boston has approved key changes to the $500 million Russian Wharf mixed-use redevelopment which will ensure that the waterfront project completes construction.
Henderson Global Acquires Boston M-F Community for $48M
Dec. 10, 2008
On behalf of its value-add CASA Partners IV fund, Henderson Global Investors, an independent investment manager, has acquired Reading Commons, a 204-unit multi-family complex located 10 miles outside Boston, for $48.5 million. The property marks the fund’s first luxury acquisition in the Northeast.
Slowdown Ties Up Boston Builders
Dec. 01, 2008
The combination of Boston’s softening leasing market and the restrictive debt market will create high hurdles for office development through most of 2009. “A lot of (projects) may sit in limbo,” said Stephen Brodsky, senior vice president and head of Grubb & Ellis Co.’s Boston regional office.
Boston Urban Development Headlines in Full Coverage
Boston's urban development scene is constantly changing, and like much of the Northeast, is a whirlwind of real estate activity. Stay at the forefront of what's happening with Boston's commercial property for sale by reading the one real estate magazine that can cover it all - Commercial Property News.
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