The Abbey Group’s challenges in filling 840 Memorial Drive in Cambridge appear to be as stubborn as ever, despite the firm’s recent lease extension with drug developer Bluebird Bio. The BlueBird Bio deal’s terms were not disclosed. However an Abbey Group spokesman with Reagan Communications Group in Boston said new the agreement means Bluebird Bio […]
The Boston office of Holliday Fenoglio Fowler LP, or HFF said that it has arranged a $29.5 million first mortgage financing for two office properties at 12 Farnsworth Street and 22 Boston Wharf Road as well as the Farnsworth Garage in Boston’s Seaport District. HFF said it worked exclusively on behalf of Berkeley Investments Inc., […]
Big Dig mandates are bringing transit to the inner-ring suburbs. Public transit in the Boston area owes a giant debt to the Big Dig, the multibillion-dollar project that essentially buried the Central Artery expressway and in the process created a new roadway network. It’s the new highways, tunnels, and a high-style bridge that catch the […]
Eisai Inc. launched on Thursday a wholly owned research and development subsidiary in Cambridge called H3 Biomedicine Inc. that will focus on personalized cancer medicines based on cancer genetics and chemistry advances. Eisai, the U.S. pharmaceutical subsidiary of Tokyo-based Eisai Co. Ltd., has pledged up to $200 million in research funding, plus more for clinical […]
The Cambridge office of search engine giant Google Inc. has grown to employ more than 300 people, and now it’s making room for more. The company is recruiting local engineers, advertising managers, and administrative staff — all part of a global hiring spree, the biggest in Google’s history, with plans to hire more than 6,000 […]
Heartland Robotics Inc. said it is relocating its corporate headquarters and product development efforts from Cambridge to an area of Boston’s Fort Point Channel neighborhood that falls within what Mayor Thomas M. Menino has dubbed the “Innovation District.” The company, which is developing a new generation of intelligent robots to increase productivity in manufacturing environments, […]
Next week’s planned move of its human resources department into the Somerville Hospital campus will complete a major system-wide reconfiguration project for Cambridge Health Alliance, the alliance said. The alliance runs hospitals in Cambridge and Everett as well as in Somerville. The nearly two-year reconfiguration project came in the wake of state budget cuts that […]
The Massachusetts economy slowed significantly in the fourth quarter of 2010, the first time in a year that the US economy grew faster than the state’s. Gross state product in Massachusetts grew at an estimated annual rate of 1.8 percent in the fourth quarter, according to a report published today by the University of Massachusetts […]
Forget the Revolution. Long live Roma! News outlets in Italy are reporting that a group of investors with Boston ties is negotiating to buy the AS Roma soccer team. Thomas R. Di Benedetto, president of investment management firm Boston International Group and a partner at New England Sports Ventures, is reportedly the lead investor in […]
Today, Hooters of America, Inc. “HOA” announced the completion of a transaction which transfers ownership of the company from the estate of Robert H. Brooks who passed in 2006 into the hands of a consortium of private investors, including Chanticleer Holdings, Inc. (OTC Bulletin Board: CCLR) “Chanticleer”. Simultaneous with this transaction the investor group will […]
