Abg Realty

Google-Groupon deal could start ‘wave’ of acquisitions

Google’s rumored $6 billion acquisition of Chicago online discount service Groupon would send shockwaves through the high-tech and bargain Web site industries, experts say. That price tag is extraordinary for a company founded in 2008, said Michael Greeley, general partner at Flybridge Capital Partners. The top 15 tech companies – including Google, Cisco, Microsoft and […]

Read more

Is Starbucks pondering Peet’s purchase?

Starbucks Corp. isn’t saying whether Peet’s Coffee & Tea is a potential acquisition target, but there’s no doubt the Seattle-based coffee giant is interested in “buying large and small companies” to grow its consumer products business. As Reuters reported, CEO Howard Schultz said exactly that at an investor conference Wednesday in New York. And there’s […]

Read more

Merck acquires diabetes drug firm SmartCells

SmartCells Inc., a Beverly diabetes drug developer, is to be acquired by Merck & Co. Inc. for a total of about $500 million, according to a news release today. The transaction will bring SmartCells’ outstanding stock to Merck, while SmartCell shareholders will be given an upfront cash payment, plus potential development and regulatory milestone payments. […]

Read more

BU to get $15M for computation institute

Boston University trustee Bahaa Hariri has pledged $15 million to build an institute that will focus on research and initiatives that use computation for interdisciplinary applications, according to a report in BU Today. Faculty at the Bahaa Hariri Institute for Computational Science and Engineering will focus on applying computation to four main application-based clusters, including […]

Read more

Sanofi Pasteur Extends 53,401 SF Lease at University Park at MIT in Cambridge, MA

BOSTON – Sanofi Pasteur has entered into a long-term lease extension with Thirty-Eight Sidney Street Limited Partnership, a partnership between Forest City Enterprises and M.I.T., for 53,401 square feet at 38 Sidney Street, located in University Park at MIT in Cambridge, Mass. Sanofi Pasteur will continue to occupy the top two floors of the five-story, 122,000-square-foot […]

Read more

For $18.9M, 65,000-SF Cambridge Asset Sold by Paradigm to West Coast Group

CAMBRIDGE, MA—A prominent 65,000-sf office/retail building has changed hands for $18.9 million. Owned for the past decade by Paradigm Properties, 1030 Massachusetts Ave. is located on the edge of Harvard Square in the city’s tight mid-Cambridge district. Calls to Paradigm principals were not returned by press deadline, while efforts to contact the buyers were also […]

Read more

Compare