Blog
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Avison Young Launches Life Science Practice Group
The market for life science and modern lab space is tightening in San Diego, Boston, San Francisco and other major biotech markets. Image courtesy of Avison Young. Fast-growing Toronto property brokerage Avison Young, flush with a cash infusion from one of Canada's...
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What if a Hurricane Like Florence Hit Boston?
A Florence-level hurricane could put most of downtown Boston underwater, according to data from the U.S. Army Corps of Engineers and CoStar GIS. In the wake of Hurricane Florence, many cities across the East Coast have begun examining their own worst-case storm...
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Charlotte-Based Investor Buys Building in Davis Square in Somerville for $39 Million
Charlotte, North Carolina-based investment firm Asana Partners purchased a building within Davis Square, a 46,276-square-foot mixed-use development in Boston suburb Somerville for $39 million, or about $843 per square foot. Asana Partners acquired the property from...
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Charlotte-Based Investor Buys Building inDavis Square in Somerville for $39 Million
Charlotte, North Carolina-based investment firm Asana Partners purchased a building within Davis Square, a 46,276-square-foot mixed-use development in Boston suburb Somerville for $39 million, or about $843 per square foot. Asana Partners acquired the property from...
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Charlotte-Based Investor Buys Davis Square in Somerville for $39 Million
Charlotte, North Carolina-based investment firm Asana Partners purchased Davis Square, a 46,276-square-foot mixed-use development in Boston suburb Somerville for $39 million, or about $843 per square foot. Asana Partners acquired the property from West Roxbury,...
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With Sales Booming, Small-Town Apartment Brokers Benefit
Brett Kingman is too busy to talk about how busy he is. That's because he's an apartment real estate broker in a smaller city, where investors are flocking these days in search for more upside than major markets like New York. Kingman’s a senior vice president at...
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KS Partners Buys Boston Road Corporate Center in Marlborough
Investment firm KS Partners LLC purchased the six-story Boston Post Road Corporate Center in Boston suburb Marlborough for $16.4 million, or about $85 per square foot. The Woburn, Massachusetts based company acquired the office building, located at 293 Boston Post...
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Takeda Exit Creates High-Profile Vacancy in Chicago’s ‘Pharma World’
Takeda Pharmaceuticals announced plans to relocate its U.S. headquarters from Deerfield, Illinois, to the Boston area.Takeda Pharmaceuticals, which has been trimming its Chicago-area headquarters for a few years, will make the final cut in the coming months as it...
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Former Mack-Cali Chief Rudin Named President of Savills Studley
Mitchell E. Rudin, a veteran New York real estate executive who previously held senior positions at CBRE, Brookfield and Mack-Cali Realty Corp., will join Savills Studley as its next president, succeeding Michael Colacino who is stepping down at the end of 2018....
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While Rent Growth Slips, Boston Properties Keeps Its Rent Gains Strong
Boston Properties seems be doing something right in its namesake market. The landlord’s Boston office portfolio continues to grow its in-service rents at an average of nearly 3 percent year-over-year. While this is down from the nearly 5.5 perecent growth in 2015, it...
Header Photo Credit: James L. Woodward