By Greg Ryan CBRE Group Inc.’s investment arm has sold a shopping plaza in Cambridge’s Porter Square to two local firms for $20.1 million. Crosspoint Associates and Long Wharf Capital now own Porter Square Galleria, a 55,610-square-foot property anchored by a Target Corp. store. The plaza is 96% leased, with Retro Fitness, Citizens Bank and Anna’s Taqueria among its other […]
By Sam Doran and Sam Drysdale, State House News Service After years of debate, lawmakers finally came to an agreement to expand the number of alcohol licenses in Boston. There are 225 new licenses authorized in a compromise bill filed by House and Senate negotiators Tuesday afternoon, including 195 “restricted” licenses specifically marked for neighborhoods […]
By Hannah Green Last year, Massachusetts’ life sciences industry saw its slowest job growth since 2017 as the industry faced economic headwinds. The Bay State’s biopharma workforce consisted of 116,937 employees in 2023, according to the latest “Industry Snapshot” report put out by the Massachusetts Biotechnology Council, or MassBio, on Tuesday. The trade group found that […]
The Biosecure Act could ban Chinese biotechs and hurt Mass. drug developers. But some see an opportunity for local R&D.By Hannah Green Driven by concerns over national security, the federal government is weighing a crackdown on Chinese biotechnology suppliers that would have far-reaching effects in the life sciences industry. The legislation, known as the Biosecure Act, would prevent biotech […]
By JLL In the past 12 months, Boston has emerged as the top major market in the United States for workers returning to the office. According to foot traffic data from Placer.AI, office attendance in Boston has increased by 10.3% during this period, marking a significant improvement from a year ago when the city lagged in […]
By Jon Chesto When demand for office space cratered during the COVID-19 pandemic, many developersdoubled down on building lab space instead. Lately, it sure seems like they went overboard. With newly builtlife sciences buildings hitting the market at a much faster rate than they can be filled, the availability of lab space in Greater Boston […]
By Eli Chavez A Billerica-based battery manufacturer is one of two Massachusetts companies to be selected for the Amazon Web Services Clean Energy Accelerator 4.0. Out of 800 applicants from 75 countries, PolyJoule was selected as one of the 21 companies to join the Amazon accelerator. The accelerator provides startups with access to its generative AI as well […]
By Eli Chavez A Boston-based company is looking to the past to make batteries of the future. Pure Lithium, a battery manufacturing startup, is reimagining lithium battery manufacturing using a method for lithium metal batteries invented by Nobel Prize winner Stanley Whittingham in 1977. Pure Lithium was founded by Emilie Bodoin in 2021, who said in […]
By Greg Ryan The downtown Boston office market has captured the lion’s share of local attention — and alarm — since Covid-19 upended the five-day, in-office workweek. But now there’s cause for concern across the Charles River for the 12 million square feet of offices in Cambridge. A CBRE report this month found that, for the first time since the […]
By Joanne Drilling June was a watershed moment for post-pandemic office attendance. That’s according to the Office Building Index from location intelligence software company Placer.ai, which found the national average for office attendance was down only 29.4% compared to June 2019. Placer.ai’s data was based on foot traffic analytics from commercial office buildings in major metro […]
