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Cambridge Savings Bank Consolidating Back-Office Locations to Thermo Electron’s Former HQ in Waltham
Cambridge Savings Bank is consolidating its back-office locations in Cambridge and Arlington to a new 76,000-square-foot operations center at 81 Wyman St. in Waltham. One of the largest community banks in Massachusetts, Cambridge Savings Bank will maintain its...
Office Tower in Boston’s Seaport Sells for $450 Million, Large Office Record for 2018
CommonWealth Partners has paid $450 million for the new office tower on Pier 4 in Boston’s surging Seaport District, a record for this year that shows the accelerating demand for the city's historic waterfront that's drawing major corporations from Amazon to General...
Pair of Australian Investment Firms Make $2 Billion Bet on U.S. Apartments
Lendlease is currently building The Cooper, the first of five residential high-rises slated for the seven-acre Southbank mixed-use development in Chicago. A pair of Australia-based investment firms are each kicking in $500 million of equity with plans to assemble a $2...
Norway’s Oil Fund Acquires Interest in Back Bay Office Property Where WeWork Recently Leased Two Floors
Norges Bank deal values 501 Boylston St. at $583 million. Norges Bank Real Estate Management has acquired a 49.9 percent interest in a mixed-use office and retail property at 501 Boylston St. in Boston. Norges Bank manages Norway's $1 trillion Government Pension Fund...
Office Tower in Boston’s Seaport Sells for $450 Million, Large Office Record for 2018
CommonWealth Partners has paid $450 million for the new office tower on Pier 4 in Boston’s surging Seaport District, a record for this year that shows the accelerating demand for the city's historic waterfront that's drawing major corporations from Amazon to General...
Norway’s Oil Fund Acquires Interest in Back Bay Office Property Where WeWork Recently Leased Two Floors
Norges Bank deal values 501 Boylston St. at $583 million. Norges Bank Real Estate Management has acquired a 49.9 percent interest in a mixed-use office and retail property at 501 Boylston St. in Boston. Norges Bank manages Norway's $1 trillion Government Pension Fund...
Pair of Australian Investment Firms Make $2 Billion Bet on U.S. Apartments
Lendlease is currently building 720 South Wells St., the first of five residential high-rises slated for the seven-acre Southbank parcel of the Riverline mixed-use development in Chicago. A pair of Australia-based investment firms are each kicking in $500 million of...
Pair of Australian Investment Firms Making $2 Billion Bet on U.S. Apartments
Lendlease is currently building 720 South Wells St., the first of five residential high-rises slated for the seven-acre Southbank parcel of the Riverline mixed-use development in Chicago. A pair of Australia-based investment firms are each kicking in $500 million of...
Second Priciest Multifamily Sale in Boston This Year Closes in South End
Equity Residential completed the second priciest multifamily deal in the Boston market this year with its purchase of a luxury high-rise complex in the city's hip South End. Troy Boston, a 378-unit complex located at 55 Traveler Street, traded for approximately $215...
TJX Companies Plans to Add 2,000 More Stores
TJX Companies, which operates the T.J. Maxx brand and others, is adding brick-and-mortar stores.TJX Companies, the off-priced retailer that operates brands including T.J. Maxx and Marshalls, plans to open more than 2,000 stores "long-term," according Chief Executive...
Header Photo Credit: James L. Woodward