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Conversions of Office Buildings to Apartments, Labs and Hotels Have Captured Attention, But Activity Amounts to Just 2% of Overall Office Market

Conversions of Office Buildings to Apartments, Labs and Hotels Have Captured Attention, But Activity Amounts to Just 2% of Overall Office Market

BOSTON–Conversions of outdated office buildings to other uses such as multifamily complexes, life sciences labs and hotels have garnered widespread attention as the office market adapts to hybrid work. Still, conversion projects in the works represent only a small fraction of the overall market, according to a new report from CBRE. CBRE’s analysis found 218 […]

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Startups Look to Scoop Up Laid-Off Tech Workers

Startups Look to Scoop Up Laid-Off Tech Workers

Flush with investor capital, technology startups plan to scoop up software developers, engineers and marketers flooding the labor market following job cuts at Twitter Inc., Lyft Inc. and other large tech employers. Kathy Zhu said she is lining up candidates for engineering, customer service and other roles at Streamline AI, the two-year-old tech startup she co-founded. They include […]

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Cape Air to buy 75 all-electric planes

Cape Air to buy 75 all-electric planes

ARLINGTON, Wash. (AP) — Eviation Aircraft, an Arlington company that has built a fully electric commuter airplane, got a boost this week when one of the nation’s largest commuter airlines, Cape Air, signed a letter of intent to buy 75 of the Eviation Alice model. The nine-passenger airplane, which produces no carbon emissions, is expected […]

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Breakthrough Properties and CRISPR Therapeutics celebrate completion of The 105

Breakthrough Properties and CRISPR Therapeutics celebrate completion of The 105

Boston, MA Breakthrough Properties (Breakthrough), a leading global developer of life sciences real estate, celebrated the completion and grand opening of The 105 by Breakthrough (The 105) in collaboration with CRISPR Therapeutics. The new facility is fully leased to CRISPR Therapeutics and will serve as its new U.S. research & development headquarters. Located in one of […]

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Demand for Industrial Space Is Slowing Down. But It’s Still a Landlord’s Market.

Demand for Industrial Space Is Slowing Down. But It’s Still a Landlord’s Market.

As U.S., like the rest of the world, continues to grapple with stubborn inflation (at 8.2 percent in September), there are worries that consumer spending is going to falter and impact industrial owners’ ability to raise rents. Industry insiders, however, say such fears are over-stated. At the moment, industrial real estate fundamentals remain strong and […]

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Regency Centers transforms iconic Harvard Square buildings into The Abbot, a vibrant mixed-use project

Regency Centers transforms iconic Harvard Square buildings into The Abbot, a vibrant mixed-use project

Regency Center Corporation’s (Nasdaq: REG) overhaul of a trio of century-old buildings located in Cambridge, Massachusetts into modern mixed-use space—while carefully preserving the historic flair of their surroundings—reflects the versatility and perseverance of a REIT best known for its grocery-anchored shopping centers. The Jacksonville, Florida-based REIT’s restoration of the Abbot Building complex, a collection of three […]

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President Biden wants to build a ‘bioeconomy.’ Here’s what that means for Boston.

President Biden wants to build a ‘bioeconomy.’ Here’s what that means for Boston.

President Joe Biden is infusing billions of dollars into a new, biotech-focused initiative, and it’s likely to have immediate ramifications for New England. Boston has long been a hotbed for pharmaceuticals in addition to upstart biotechs. But the White House is expanding the definition of what a “bioeconomy” could be, looking beyond drugmaking to other applications of […]

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