By Randyl Drummer, Ryan Ori, Katie Burke As far as commercial real estate services firms are concerned, dealmaking is back. After years of trying to predict when the industry would improve, the five biggest of those companies — CBRE, JLL, Cushman & Wakefield, Colliers and Newmark — raised their financial outlooks for 2025 after posting […]
By Eli Chavez – Inno Reporter, Boston Business Journal Gov. Maura Healey announced the launch of a new $400 million initiative to grow the research and innovation economy in Massachusetts and create thousands of new jobs as federal research funding is being cut under President Donald Trump. In support of the initiative, Healey is also […]
By Don Seiffert – Managing Editor, Boston Business Journal Keurig Dr Pepper, a coffee and beverage giant based in Burlington, says it will pay $18 billion in cash to acquire JDE Peet’s, the parent company of Peet’s Coffee and several others brands of coffee and tea. KDP (Nasdaq: KDP), the company formed in 2018 from […]
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 – Technology Reporter, Boston Business Journal Commonwealth Fusion Systems, or CFS, an MIT spinoff seeking to commercialize fusion energy, said on Wednesday it closed more than $1.8 billion in funding. The Series B round, possibly one of the largest single rounds of financing raised by a Bay State company this year, was […]
By Grant Welker Boston Office Market Showing Early Signs of Recovery Two key metrics suggest Boston’s office market may be turning a corner. Vacancy rates in the city have declined for the fourth consecutive quarter, and leasing activity has reached its highest level since 2019. According to JLL, the city’s office vacancy currently stands at 21.1%, […]
Paul Bubny $40.1 Million Renovation Underway at Boston’s Eva White Apartments The Castle Square Tenants Organization (CSTO) and WinnDevelopment have launched a $40.1 million modernization project at Eva White Apartments, a 102-unit low-income housing community serving seniors and people with disabilities in Boston’s South End. The property is located adjacent to the 500-unit Castle Square […]
By Isabel Hart – Reporter, Boston Business Journal Hannaford Supermarkets to Close Marlborough Store, 160 Employees Affected Hannaford Supermarkets will lay off 160 employees from its Marlborough store in mid-September, according to a filing with the state. The layoffs are set to take effect on September 13, and all employees at the store will be impacted. Workers […]
Is Massachusetts ready to make the leap to quantum computing hub? By Eli Chavez – Inno Reporter, Boston Business Journal Massachusetts is rapidly emerging as a potential hub for quantum computing, with state investments, academic talent, and startup innovation converging to build a competitive ecosystem. The Boston-based startup QuEra, which uses lasers to manipulate atoms for quantum […]
By MARTHA BELLISLE Washington state has enacted new rent stabilization laws, becoming one of the first states to set firm limits on rent increases to protect tenants. Signed by Gov. Bob Ferguson, House Bill 1217 caps rent hikes at 7% plus inflation or 10% (whichever is lower) and includes single-family homes and manufactured housing, the latter […]
