Why Does it Matter? The Federal Reserve’s latest messaging suggests interest rates are not coming down anytime soon. For commercial real estate, that removes one of the key assumptions many investors have been underwriting around: near-term rate relief. In a recent Bloomberg interview, Federal Reserve Vice Chair for Supervision Michael Barr said rates may need […]
Industrial and logistics leasing activity accelerated to close out 2025, with demand for large-scale distribution facilities helping drive one of the strongest annual leasing performances on record, according to CBRE research.
By Greg Ryan – Senior Reporter, Boston Business Journal For decades, scientists have chased the limitless zero-carbon energy promised by fusion. Now, Devens-based Commonwealth Fusion Systems plans to build the world’s first grid-scale commercial fusion power plant in Virginia. The announcement on Tuesday marks a milestone not just for the MIT spinoff, but the global […]
By Lucia Maffei Google and Massachusetts-Based CFS Advance Commercial Fusion Energy The promise of fusion energy—clean, limitless power—is gaining urgency as AI technologies demand massive computational energy. Commonwealth Fusion Systems (CFS), based in Devens, Massachusetts, announced Monday a deepened partnership with Google, which plans to purchase 200 megawatts of fusion power from the MIT spinoff. Google […]
By Eli Chavez PayByCar Lets Drivers Pay for Gas Using E-ZPass Sometimes being stuck in traffic sparks innovation. For Kevin Condon, founder and CEO of PayByCar, a traffic jam on the Northeast Expressway inspired a service that allows drivers to pay for gas using their E-ZPass. The system works two ways: a device installed on gas […]
Homegrown rival may try to block contract, arguing it had superior bid Andy Peters Massachusetts is moving forward with a major upgrade of its roadside service plazas, but a local fuel-supply company may challenge the state’s plans. Last month, the Massachusetts Department of Transportation (MassDOT) awarded a contract to Dublin-based Applegreen to renovate, rebuild, and […]
By Greg Ryan Boston-based The Davis Cos. has raised $977 million to invest in real estate such as apartments, labs and warehouses, closing the firm’s largest-ever fund amid a challenging time for fundraising in the sector. Institutional investors nationwide have turned away from real estate, instead putting their money into investments that offer close to the […]
By Diti Kohli This is the second in a series of stories about the consequences of Boston’s broken liquor license system. Chompon Boonnak is the kind of restaurateur Boston needs: smart and eager, with a knack for crafting inventive food and a convivial dining room. The menu at his 30-seat Thai restaurant, Mahaniyom, is mouth-watering. […]
By Emily Spatz Construction has commenced on a residential building in Kendall Square that is set to become the tallest building in Cambridge, investors announced last week. The building will rise at 121 Broadway and stand over 450 feet tall, according to architects on the project. Boston Properties (BXP), a real estate investment trust, announced that construction […]
By Ashley Fahey The outlook for the U.S. office market remains bleak, with the national vacancy rate hitting another high in the first quarter of this year and losses continuing to mount on loans backed by towers across the country The vacancy rate reached 19.8% in Q1, a new record by Moody Analytics Inc. standards and a rate that’s 50 […]
