By: Nick Pipitone In 2018, an office lease in Washington, D.C. was brokered by JLL. The deal was rather unextraordinary. It was the type of deal that may have garnered a few headlines here and there, ending up in weekly transaction columns, but nothing that would draw any special interest. But, four years later, what […]
By Will Parker America’s suburbs are posting the country’s fastest-rising rents, a sign that the recent migration of families from major cities is starting to look more long-term. Many white-collar workers with remote jobs moved out of city apartments for roomier accommodations during the early months of the pandemic in 2020. Now, high mortgage rates and home […]
Somerville, MA, July 10, 2023 – Stephanie Deering, Vice President of ABG Commercial Realty, proudly announces the successful leasing of a 5,000 square feet commercial space in Somerville to Skylla Technologies Inc. Renowned for their innovation in human-aware robotics solutions, Skylla Technologies Inc brings intelligence and awareness to robots and systems, driving a safer and more […]
Woburn, MA, July 28, 2023 – Stephanie Deering, Vice President of ABG Commercial, Bernard Gibbons, Senior Vice President, and Dave Killen, experienced real estate advisor, are proud to announce the sale of a 1.26-acre prime site in Woburn, Massachusetts. This acquisition, valued at $2.55 million, marks a significant step towards the development of an early education […]
But as venture outlays fall, a recent spurt of layoffs has clouded outlook By Robert Weisman Globe Staff Massachusetts continued to expand its biopharma workforce in research labs and manufacturing plantslast year even as venture capital investment dwindled and fewer biotech companies went public. Overall employment in the sector — a bellwether of the state’s […]
By Grant Welker – Projects Reporter, Boston Business Journal It’s called a museum, and although it may not meet the traditional idea of what makes for a museum, it certainly treats its subject as worthy of the name: The Museum of Ice Cream is coming to the Seaport. The chain has signed a lease for 12,300 square […]
By Hannah Green – Inno Reporter The idea for building a water shuttle on the Charles River came to Drew Rollert as one might expect: After a particularly terrible attempt to get around by car in Greater Boston. Last summer, the Watertown entrepreneur was gifted a few Red Sox tickets. He got some friends together, shared a few […]
By Rowan Walrath In the 2010s, life sciences developments made up less than 5% of all office construction nationwide. In the last two years alone, such projects have compromised more than one-in-four new projects, according to a new report from commercial real estate software company CommercialEdge. The report, released last week, warns of a possible oversupply on […]
By Rowan Walrath – Life Sciences Reporter, Boston Business Journal Developers hit a significant milestone in construction for a new, $915 million lab project in Boston’s Allston neighborhood. On Monday, developer King Street Properties and building contractor Consigli Construction Co. Inc. topped off the project that will become Allston Labworks, a mixed-use site involving life sciences space, […]
By Cassie McGrath – Reporter, Boston Business Journal Healthcare in southeastern Massachusetts has been hampered by unforeseen events this year. In June, Quincy-based physician organization Compass Medical abruptly shut down, leaving many in Southeastern Massachusetts without access to primary care providers. That came on top of a shutdown of parts of Signature Brockton Hospital in February due to an 11-alarm […]
