Consolidation of two commercial properties has allowed purchasers of a Minnesota shopping center to fend against a challenge by one of the center’s tenants. The shopping center is Birch Run Station in suburban St. Paul, and the challenge by the tenant—Jo-Ann Stores, Inc.—came not long after the center changed hands. The previous owner of the […]
Dogpatch plans move to Microsoft N.E.R.D. campus January 26, 2011 06:16 AM E-mail| |Comments (0)| Text size – + E-mail this article To: Invalid email address Add a personal message: Your e-mail: Invalid email address Sending your articleYour article has been sent. Globe Staff Dogpatch Labs, a sort of next-generation incubator for high tech start-ups, […]
It should be a case of happy feet for footwear buffs at the Burlington Mall. The mall said it is welcoming roughly 10 new retail tenants, and four of them sell shoes. So whether a consumer wants “on-trend” boat shoes or all-terrain vehicles for the feet, it’s a good bet that mall shoppers will be […]
Myriant Technologies Inc., a Quincy company looking to develop and manufacture bio-based chemicals for use as the chemical building blocks for polymers and plastics, announced the closing of a $60 million strategic equity investment from a petrochemical producer in Thailand. The producer is the PTT Chemical Group. Myriant said it plans to use some of […]
Nova Biomedical, a developer of blood analyzers that support the care of critically ill patients, has purchased a manufacturing facility in Billerica, said a broker involved in the transaction. The broker is Grubb & Ellis Co., which represented Nova Biomedical. A purchase price is not being disclosed. The seller was Independence Drive Limited Partnership. Plans […]
Globe Staff An investor confidence index maintained by a unit of State Street Corp. fell 3.3 points from December’s revised reading of 104.2 to 100.9 in January. The confidence reading for North American institutional investors fell to 99.5, a 3.6 point decline from the December level of 103.1, said State Street Global Markets, the investment […]
Associated Press LOWELL — The University of Massachusetts-Lowell has announced it has bought the former St. Joseph’s Hospital complex for $6.3 million, with plans to invest tens of millions more in renovations. Chancellor Marty Meehan tells The Sun that the purchase will link the university’s North, South, and East campuses and help revitalize the Acre […]
4th Quarter 2010: Boston’s Ravenous Appetite Devours Retail Vacancies With Bostonians eating out more frequently and spending more on luxury items, seasoned restaurateurs have taken the proverbial “bull by the horns” and led the charge, absorbing dozens of retail spaces by both expanded existing spaces and having opened new concepts. Led by Boston’s entrepreneurial restaurateurs, […]
U.S. commercial property prices are recovering and “substantially” off the bottom after more than a year of decline, said Steven Roth, chairman of Vornado Realty Trust. Hotels and multifamily properties are leading the rebound, with South American investors purchasing condominiums in Miami, according to Barry Sternlicht, chairman of Starwood Capital Group LLC in Greenwich, Connecticut. […]
