Two historic Greater Boston theaters are on the market for $12 million each,but the beloved venues inside aren’t going anywhere just yet. The sale of the Somerville Theatre and Capitol Theatre buildings highlights the intersection of commercial real estate investment, historic preservation, and the future of longstanding cultural institutions.
Explore ABG Realty’s 2026 Midyear Review, featuring notable transactions from the first half of the year, key trends shaping Greater Boston’s commercial real estate market, and the latest insights across the office, retail, industrial, and multifamily sectors.
A newly redeveloped East Cambridge office tower has transferred to Brookfield for a reported $1, along with nearly $232 million in outstanding construction debt. The sale of 40 Thorndike Street highlights the ongoing challenges and shifting dynamics shaping Greater Boston’s office market.
Somerville is currently evaluating two redevelopment proposals for 90 Washington Street, a four-acre site in the Inner Belt district near the MBTA’s East Somerville Green Line station. According to the Boston Business Journal, the decision is being made under meaningful financial pressure, with the city looking to recoup a roughly $30 million gap tied to its acquisition of the property…
In early April 2026, Bloomberg reported that U.S. service‑sector growth slowed materially even as input prices surged, as reflected in the Institute for Supply Management’s (ISM) Services Prices Paid Index rising to 70.7—its highest level since October 2022.¹ This combination of decelerating activity and elevated costs is particularly relevant for Boston‑area commercial real estate, where […]
If you live in Charlestown (or have driven past the brick buildings near Bunker Hill Street…) you have likely heard about the Bunker Hill Housing Redevelopment. Depending on who is telling the story, it is either the future of public housing in Boston or a project that seems to take forever to get off the ground. In truth, it is both. The redevelopment is the largest public housing transformation ever undertaken in the city, and it has unfolded slowly because of its scale, complexity, and the stakes involved for residents who have lived there for generations.
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 […]
More density, new zoning, and fresh investment in affordable and social housing top his priorities. By Beth TreffeisenSource: Boston.com When newly elected Somerville Mayor Jake Wilson bought his first home in Winter Hill 21 years ago, he was terrified he was making a terrible mistake. He and his wife paid $425,000 for a modest starter […]
By Emily WilkinsSource: MSN Both congressional Democrats and President Donald Trump both want to limit how many homes major corporations can own, but a new proposal from Sen. Elizabeth Warren, D-Mass., makes it clear that’s where the agreement ends. In a bill released hours before Trump’s State of the Union speech, Warren, Sen. Jeff Merkley, D-Ore., and 16 other Senate Democrats propose ending […]
By Isabel HartSource: Boston Business Journal Developer HYM Investment Group is progressing on its development at the former site of Carney Hospital, with plans to build a new healthcare facility as well as housing and retail on the property. HYM and partner My City at Peace are planning to transform the site into a mixed-use, healthcare-anchored […]
