The Abbey Group said today that it has sold Landmark Center, an office and retail complex near Fenway Park, for $530.5 million. The buyer is a joint venture between JP Morgan Investment Management Inc. and Samuels & Associates, said the Abbey Group, a Boston real estate company. Tenants at Lanmark Center include Blue Cross Blue […]
It just doesn’t mix. Or does it? For as long as I can remember, artists and the art world have been shunned by commercial property owners and commercial brokers alike. It would be easy to say it’s been a bad mix, but the truth is: It’s barely been a mix at all. But things can […]
Somerville — The move next week of Cambridge Health Alliance’s Human Resources Department into CHA’s Somerville Hospital Campus completes a major system-wide reconfiguration project that began nearly two years ago in the wake of state budget cuts that threatened the public healthcare system’s viability. “Two years ago there were concerns and even suggestions that we […]
Somerville — With its large bay to accommodate trash trucks, the transfer station at the edge of Brickbottom seems larger than life, built for giants. Now Somerville is getting ready to outgrow the trash transfer station, sacrificing the nearly $1 million of revenue for better living conditions. Sometime this year, Mayor Joe Curtatone is planning […]
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, […]
