Zynga, a social game provider based in San Francisco, CA, has announced the closure of its Boston office as well as a 5% decrease in its full time work force of 2,900 employees. Reductions are part of a cost-cutting campaign the company has undergone due to recent declines in earnings. The company has also cut […]
Today at 400 Technology Square in Cambridge leases totaling 162,000 square feet have been signed. The involved companies were as follows: The Massachusetts Institute of Technology (MIT), The Ragon Institute Harvard University Epizyme Warp Drive Bio Aramco Services Co. Alexandria Real Estate Equities (NYSE: ARE), an owner, operator, and developer of life science office and […]
On Friday, September 21st construction workers broke ground on a 26 story high-rise apartment building in Boston’s Chinatown. The project was approved in 2008; however, construction was delayed due to a redesign of the original building (Boston Business Journal). (Below: a rendering of the 26 story apartment building) Forest City Enterprises, a large real estate […]
The Atlantic Wharf tower, built in 2011, along the Rose Fitzgerald Kennedy Greenway has no more available space. McKinsey and Co., a global consulting firm bought 35,000 square feet of office space in the tower. Above, Boston’s $550 million Atlantic Wharf Tower This was all of the tower’s remaining space; McKinsey and Co. will be […]
Last Thursday, the Boston Redevelopment Authority approved real estate developer Millennium Partners’ $615 million proposal to redevelop One Franklin Street in Downtown Crossing. The project will include a 625 foot structure, Millennium Tower, as well as a renovated Burnham Building. Plans include “600 condominiums and apartments, up to 218,000 square feet of office space and […]
This week, proposed plans for the redevelopment of the Edward J. Sullivan Courthouse in East Cambridge progressed, with three of an original six companies moving forward into a second round of bidding. The East Cambridge Planning Team, a state agency responsible for redevelopment of the Sullivan Courthouse, identified a proposal submitted by HYM Investment Group […]
