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National Engineering Firm Signs 110,000-SF HQ Deal in Waltham
Simpson Gumpertz & Heger (SGH) is moving its headquarters after the national engineering firm signed a pair of leases to relocate its corporate offices to two properties owned by local REIT, Boston Properties. Currently headquartered at 41 Seyon St. in Waltham,...

Move Over Boston Industrial, Multifamily Needs Your Land
Boston is building apartments - a lot of apartments. In fact, more than 17,000 units are underway, making this one of largest supply waves to hit the market since the 1920s. Boston is not blessed with large amounts of cheap, undeveloped land. Therefore, development,...

Amazon Confirms Plans to Lease 430,000 SF on Boston Waterfront, Add 2,000 Jobs
Rendering of Amazon's new tech hub building in Boston's Seaport district. Photo credit: Amazon.com, Inc. "Alexa, lease more space." Amazon.com, Inc. has formally announced plans to add 2,000 engineers and other research and development jobs at its Boston tech hub and...

Record Quarter for Worcester Apartment Deliveries
Aeiral image of the 365-Unit 145 Front apartment complex at 145 Front St. in Worcester, MA. Close to 550 luxury apartments units came online 18Q1 in Greater Worcester, one of the largest quarterly supply waves to hit this Central Massachusetts city in close to a...

Higher Interest Rates Mean More Renters for Apartment Sector
The steady rise of home mortgage rates is a good-news/bad-news situation, according to CoStar research. While any bump in interest rates makes it harder for would-be homeowners to buy, that’s good for the multifamily sector. A report from CoStar posits that for every...

Beacon Capital Nets San Jose High-Rise in $101.5 Million Deal
Beacon Capital Partners has made a splash in Silicon Valley with the purchase of a 16-story high-rise in downtown San Jose for $101.5 million. The Boston-based real estate investment firm paid nearly $481 per square foot to acquire 160 W. Santa Clara St. - the...

Akebia Therapeutics Leases Additional 19,805 SF Within Kendall Square
Akebia Therapeutics, a biopharmaceutical company focused on the development of novel proprietary therapeutics, signed an eight-year lease for an additional 19,805 square feet of office space at the Kendall Square building at 245 First St. in Cambridge, MA. Akebia has...

New 192-Unit Multifamily TOD Coming to Walpole
A new transit-oriented apartment complex is coming to Walpole, MA, after Corcoran Management Co. acquired a 2.5-acre tract next to the MBTA-Walpole Station for the site of the future development. Corcoran, a residential management firm headquartered in nearby...

Calare Properties Secures Financing for Two Properties in Merrimack
Calare Properties secured $17.5 million in financing for two high-bay institutional warehouse properties located at 57-59 Daniel Webster Hwy. in Merrimack, NH. The two industrial buildings total 511,000 square feet and are located in close proximity to Route 3, and...

FoxRock Properties Buys Albion Crossing in Rhode Island
FoxRock Properties, a commercial real estate firm in the Greater Boston area, has acquired the 280,982-square-foot flex facility in Lincoln, RI. Albion Crossing was originally developed as the global headquarters for A.T. Cross Co., but has since been redeveloped into...
Header Photo Credit: James L. Woodward