Patricia Simboli is not exactly the kind of person one would peg to run the family development business. Simboli, a life-long overachiever, had bigger hopes and ambitions. For nearly 10 years, Simboli stayed away from ACS Development Corp., the company her father co-founded, working instead for Wall Street giant JP Morgan in New York and […]
By Robert Weisman, Globe Staff Drug giant Pfizer Inc. today said it will add about 350 jobs in the Boston area and look for a new site to house a pair of research operations it will move from southeastern Connecticut. The news came as Pfizer, the world’s largest pharmaceutical company, unveiled a broad restructuring plan […]
February is “chocolate lovers month,” according to Dunkin’ Donuts, and it plans to celebrate the culinary festivities with “a new line of yeast raised chocolate donuts” to augment its offerings of chocolate cake style donuts. In a press release, the Canton-based coffee-and-baked-goods chain said its “renowned culinary team has worked for several years to create […]
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 […]
