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King Street to Develop Largest Multitenant Lab Campus Outside of Cambridge
The largest privately-held and locally-based owner of life science real estate in the Greater Boston area has begun construction on a new 144,910-square-foot laboratory and office development in Waltham, MA that upon completion will create the larges…

New 490,000-SF Mixed–Use Development Coming to Boston’s Seaport
Massachusetts-based property developer WS Development will develop a new 490,000-square-foot mixed-use office and retail project in Boston’s Seaport District and has tapped the New York City office of Dutch architectural firm Office for Metropolitan Ar…

KS Partners Enters Into JV Partnership with Contrarian Capital to Recap 1 Million-SF Andover Office Campus
KS Partners has entered into a joint venture partnership with Contrarian Capital Management to recapitalize the one million-square-foot Andover Landing at Brickstone office campus in Andover, MA for $90 million.
Andover Landing totals 1,006,657 squa…

Office Lease Up (May 30) Haverty Furniture Cos. Signs Seven-Year HQ Extension at The Centrum at Glenridge
Haverty Furniture Cos. Signs Seven-Year HQ Extension at The Centrum at Glenridge
Haverty Furniture Cos. (NYSE: HVT) has agreed to a seven-year extension that will keep the furniture retailer’s longtime corporate headquarters at the Centrum at Glenridg…

Office Lease Up (May 22) Exelixis Relocating from Longtime South San Francisco Headquarters
After 25 years in South San Francisco, biopharmaceutical company and cancer drug developer Exelixis (NYSE: EXEL) has signed a 10-year lease with Ascentris to relocate its corporate headquarters to three buildings within The Waterfront in Alameda, CA.
…

CoStar’s People of Note (Week of May 26) Tanger Promotes Two from Senior Management Team
It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: North Carolina, St. Louis, Dallas / Ft. Worth, Washington DC, Orland…

Lyndra to Open Expanded Office/Lab at 65 Grove
Lyndra, Inc., a healthcare company developing ultra-long acting oral drug delivery technologies, signed a lease for 14,450 square feet in the office building at 65 Grove St. in Watertown, MA.
The three-story, 131,424-square-foot medical, R&D and life science-ready building was constructed in 1945 with renovations completed in 2016. It is located in the Waltham/Watertown submarket.
Lyndra will relocate from 134 Coolidge Ave. to its expanded space…

Cushman & Wakefield Taps Maloney to Lead Valuation & Advisory Group’s CBD Office Practice
Cushman & Wakefield has hired Rob Maloney, MAI to head up its office practice in downtown Boston as a member of the firm’s valuation and advisory platform.
Maloney comes to Cushman & Wakefield after 15 years with Joseph J. Blake & Associates where he served as a director within the company’s New England regional office.
Maloney specializes in the valuation of office properties and mixed-use developments located throughout the greater New England…

Beth Israel Deaconess Medical Center Signs Deal at Summit Corporate Center
Beth Israel Deaconess Medical Center, a teaching hospital of Harvard Medical School, signed a 21,000-square-foot lease at NSTAR’s former headquarters building at 247 Station Dr. in Westwood, MA.
Located within the Summit Corporate Center, the prop…

KS Partners Sell Paragon Towers for $20.9 Million
After more than a decade of ownership, Woburn, MA-based KS Partners has sold the Paragon Towers in Newton, MA to the Massachusetts Credit Union for $20.85 million, or approximately $343 per square foot.
KS Partners has owned the 60,826-square-foot p…
Header Photo Credit: James L. Woodward