Center of Innovation Across Industry Sectors Boston is a leading center of innovation in multiple sectors including life sciences, high tech, clean energy, maritime and aerospace. Because of the large entrepreneurial base, and the great concentration of universities, research centers, hospitals and support services, there are many other types of companies developing products ranging from […]
By Gail Kalinoski Pharmaceutical and biotechnology company Moderna has acquired a newly built 140,000-square-foot Boston-area GMP facility from developer Oxford Properties Group for $91 million. The 24-acre parcel, acquired as a vacant site by Oxford in 2021, is located at 149 Hayes Memorial Drive in Marlborough, Mass., a Boston submarket. Oxford built a two-story biomanufacturing facility that was designed to […]
By Carol Ryan Banks are getting stingy with commercial property mortgages. Ideally, alternative lenders could step in and help landlords to refinance their debts, but this part of the lending market isn’t in great shape either. Loans for the property industry are drying up fast. The CBRE Lending Momentum Index, a proxy for U.S. commercial real estate lending, fell 54% […]
By Andy Medici A growing number of Americans have used artificial intelligence tools like ChatGPT at work — but won’t tell their bosses because they are afraid of being replaced by the emerging technology. As business owners across America experiment with the new wave of AI tools in hopes of boosting productivity and cutting costs, workers […]
By Andy Medici – Senior Reporter, The Playbook, The Business Journals Small-business owners are worried about how long they could survive a potential recession, but many believe AI tools like ChatGPT could help them weather an economic downturn. A survey of 700 business owners by B2B Reviews found about 25% of businesses believe they couldn’t last more than […]
By Greg Ryan Consigli Construction Co. last week topped off a nine-story lab building under development from CV Properties and Cannon Hill Capital Partners in Somerville’s Union Square. Boynton Gateway, as the 336,000-square-foot project located at 495 Columbia St. is known, is one of several lab projects at various stages of development in the neighborhood. Union […]
By James McCown CAMBRIDGE — “In the city there must be regularity and fantasy, relationships and oppositions, and casual and unexpected elements to vary the scene,” wrote Marc-Antoine Laugier, an 18th-century Jesuit and arguably the world’s first architecture critic, having penned the seminal Essai Sur l’Architecture in 1753. His advice holds true today. Cities must be […]
David R. Baker (Bloomberg) — Startup Electric Hydrogen Co. plans to open its first factory for making electrolyzers — the machines at the heart of a future green hydrogen economy – in Massachusetts. It’s the latest in a wave of clean-tech manufacturing projects announced across the US. The company, backed by Bill Gates’s Breakthrough Energy […]
By Jack Rogers | April 25, 2023 at 04:10 PM In a sign that one of the strongest life sciences markets in the US is weakening, Alexandria Real Estate Equities is offering for sale a suburban Boston office complex valued at $170 million, a 28% discount, after a softening market changed plans to convert the property to life […]
By Jack Rogers | April 17, 2023 at 07:50 AM The last time we talked to Bert Van Hoof, president and chief operating officer of Willow, Bert told us in December that WillowTwin was linking with Microsoft’s Sustainability Cloud to develop an AI-driven intelligent rules engine designed to integrate building systems and replicate the knowledge of aging operators. […]
