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Corporate Housing Shop on the Hunt for Apts.
Reside Worldwide, one of the big managers of corporate housing in the U.S., is set to become a big owner of rental properties. Terry Strongin, executive vice president of Reside Realty Group.Photo Credit: Reside Worldwide.The Seattle-based company has hired former...
Corporate Housing Shop on the Hunt for Apartments
Reside Worldwide, one of the big managers of corporate housing in the U.S., is set to become a big owner of rental properties. Terry Strongin, executive vice president of Reside Realty Group.The Seattle-based company has hired former Equity 24, LLC managing member...
First Quarter Performance Shows US Apartment Market Coming Back to Earth
Pictured: Camden North Quarter in Orlando. The 333-unit property sold to Camden Property Trust in February for $80.75 million. Orlando has the highest forecast rent growth in the country, according to CoStar.The high-flying apartment sector, which led all other...
National Engineering Firm Signs 110,000-SF HQ Deal in Waltham
Pictured: Prudential Tower in Boston, where SGH will open a 14,000-square-foot co-headquarters in August.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...
Acorn Holdings’ 93-Unit Park 77 Project Breaks Ground in Cambridge
Boston multifamily investor and developer Acorn Holdings has started construction on a new 93-unit apartment complex near Fresh Pond designed to cater to the underserved segment of young families looking for family-sized rental apartments in Cambridge, MA. Named Park...
The Transit Factor in Amazon’s HQ2 Selection Reflects Transportation’s Growing Economic Development Clout
Pictured: 101 Main St. in Cambridge, MA, a 341,000-square-foot office property occupied by Amazon.In cities across America, weary locals have long complained that strained transportation networks were failing to keep pace with the rush of new development. Then, Amazon...
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...
Allegro Puts Former HQ, 56 Acres On The Market
Allegro MicroSystems has put its former headquarters in Worcester, MA, on the market as the company prepares to relocate its corporate offices to Marlborough, MA, this summer. After 53 years, the power and sensing semiconductor developer disclosed last month it would...
Acorn Holdings Starts Construction on Family-Oriented Apt. Complex in Cambridge
Boston multifamily investor and developer Acorn Holdings has started construction on a new 93-unit apartment complex near Fresh Pond designed to cater to the underserved segment of young families looking for family-sized rental apartments in Cambridge, MA. Named Park...
Header Photo Credit: James L. Woodward