by Gary Higgins | via Boston Business Journal Rent will increase at 1.75% for the first 10 years and at between 1.75% and 2.50% over the remainder of the lease. Wynn said it will retain its 13-acre developable land portfolio on the east side of Broadway in Everett, where it plans to build an expansion […]
by Grant Welker | via Boston Business Journal Two veteran restaurateurs in the North End, Frank DePasquale and Nick Varano, are joining for a second eatery at Encore Boston Harbor. The Varano Group owns and operates Strega North End, Rina’s and Nico. DePasquale Ventures owns and operates Bricco Ristorante, Mare Oyster Bar, AquaPazza, Quattro, Assaggio, […]
by Ben Unglesbee | via Retail Dive For supply chains, the pandemic has brought unprecedented levels of disruption. The specific confluence of events was beyond anybody’s ability to foresee. But, at least in a general sense, everyone should have expected something like the year that just passed to happen. Risks of severe stress and even failure are […]
via Retail Dive Just a few weeks into 2022, the retail industry has already seen signs for what the year ahead could bring — some good and some bad. President Biden’s vaccine mandate for large employers was struck down by the Supreme Court in mid-January, but that doesn’t mean retailers are done dealing with vaccine regulations. […]
by Catherine Carlock / via The Boston Globe A Waltham lab and office building that started construction in 2019 without any tenants committed has landed leases from two biotech companies. Seqirus, a global influenza vaccine maker with a local research and development arm in Cambridge, and ElevateBio BaseCamp, the Waltham research and development and manufacturing arm […]
by Patricia Kirk / via wealthmanagement.com The pandemic and the concurrent increase in demand for grocery deliveries have pushed up the need for cold storage. Now, this trend is changing the calculations surrounding the development of cold storage projects. Cold storage facilities are expensive to build, costing from $250 to $350 per sq. ft. compared to $100 […]
by Taylor Doven / via The Boston Globe For years, it seemed like the only news about the Green Line extension was that it wasn’t happening — ballooning costs, more and more distant opening dates, delays, and disappointment. But now, more than three decades after the state first promised to extend the Green Line as […]
by Patricia Kirk / via WealthManagement.com The past few years have brought cannabis legalization to multiple states, giving real estate investors a new alternative asset class to put their money into. It looks like this trend is only going to intensify in the months ahead. As we get further into 2022, all U.S. states without current medical […]
via The Wharton School Investors are bracing for a year of rising interest rates as the U.S. Federal Reserve attempts to tame inflation. However, the outcomes would vary across asset classes based on the pace of the Fed’s actions, according to Wharton finance experts. The Federal Reserve has indicated at least three rate increases of 0.25% […]
Nearly two years into the pandemic, a street-level survey finds the hub of science and research remains sparsely populated. by Scott Kirsner – via The Boston Globe What is Kendall Square like during the third wave of the pandemic? I wanted to understand how Cambridge’s celebrated cluster of innovation felt and who was working there. […]
