According to Jones Lang LaSalle, overseas investors put $384 million into the commercial real estate market in Boston during the second quarter. This ranks Boston 9th overall in US cities attracting foreign capital to real estate (WSJ). This is fantastic news for Boston, which is experiencing growth in foreign direct investment in commercial real estate […]
State officials have announced a plan to ask businesses neighboring the Rose Fitzgerald Kennedy Greenway to help pay upkeep costs. Currently, the park is run by the Rose Fitzgerald Kennedy Greenway Conservancy, a government funded non-profit organization. State officials hope to conserve public funding by instituting a tax on surrounding business owners to pay for […]
Today at 400 Technology Square in Cambridge leases totaling 162,000 square feet have been signed. The involved companies were as follows: The Massachusetts Institute of Technology (MIT), The Ragon Institute Harvard University Epizyme Warp Drive Bio Aramco Services Co. Alexandria Real Estate Equities (NYSE: ARE), an owner, operator, and developer of life science office and […]
ABG Realty presents 20,000 square-feet of office space in Cambridge’s Twin City Plaza. This new property offers an open floor plan and available spaces range from 2,200 square-feet to 15,000 square-feet. Some amenities include: Common Break Room Build Out Possibility Plenty of Onsite Parking Perfect for any Start Up or Professional The property’s ideal uses […]
Brace yourselves Boston – the phenomenal Shake Shack is making its way here next year! The chain is set to open its first store at the Chestnut Hill Shopping Center next year. I had the pleasure of enjoying one of Shake Shack’s burgers at their brand new New Haven, Connecticut location this weekend. Although the […]
A $10 million mixed-use property in the center of Harvard Square is for sale. Papyrus, Uno Chicago Grill, and Vitamine Shop currently occupy the property, a 27,796 square foot brick complex originally built in 1910. The mixed-use space is divided between retail (12,150 square feet) and residential (16 apartments totaling 15,646 square feet). Boston Realty […]
A Boston-based mortgage banking firm has arranged a $10 Million financing of College House, a 46,000-square-foot property constructed in the 19th century. The mixed-use building is conveniently located just outside the Red Line’s Harvard Square entrance at 430 Massachusetts Avenue in Cambridge. On the ground floor, the building is currently occupied by CVS, Sovereign Bank, […]
Charley’s Eating and Drinking Saloonon Newbury closed its door’s less than a week ago. Now Frye Boot Co. is looking to open up shop in Charley’s place. Looking to sign as early as Friday, the 8,000 square foot property will undoubtedly be off the market soon. Frye Boots is a 149-year-old company, and has its […]
Love fine Italian food? Good news, the Italian sisters who opened NEBO, or The North End Boston restaurant are set to open another location at Atlantic Wharf by next year. (Above Left, The sister’s new location in Atlantic Wharf, Above Right, The sister’s existing location in Boston’s North End) The Pallotta sisters, Carla and Christine […]
Wellington Place, an apartment complex in Medford, Massachusetts, has sold for 40 million dollars. The complex is 6 acres wide and has a total of 137 units. MIREF Wellington LLC bought Wellington Place. Medford is only four miles outside of Boston; this puts Wellington Place within walking distance of the MBTA. The nearest stop is […]
