Updates in the world of Commercial Real Estate
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 […]
Brace yourselves Boston – the phenomenal Shake Shack is making its way here next year! The chain is set to open its first store at the Chestnut Hill Shopping Center next year. I had the pleasure of enjoying one of Shake Shack’s burgers at their brand new New Haven, Connecticut location this weekend. Although the […]
Charley’s Eating and Drinking Saloonon Newbury closed its door’s less than a week ago. Now Frye Boot Co. is looking to open up shop in Charley’s place. Looking to sign as early as Friday, the 8,000 square foot property will undoubtedly be off the market soon. Frye Boots is a 149-year-old company, and has its […]
Love fine Italian food? Good news, the Italian sisters who opened NEBO, or The North End Boston restaurant are set to open another location at Atlantic Wharf by next year. (Above Left, The sister’s new location in Atlantic Wharf, Above Right, The sister’s existing location in Boston’s North End) The Pallotta sisters, Carla and Christine […]
Wellington Place, an apartment complex in Medford, Massachusetts, has sold for 40 million dollars. The complex is 6 acres wide and has a total of 137 units. MIREF Wellington LLC bought Wellington Place. Medford is only four miles outside of Boston; this puts Wellington Place within walking distance of the MBTA. The nearest stop is […]
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 […]
Whole Foods Market, a high-end organic food store dubbed, “America’s Healthiest Grocery Store,” is making its way into Massachusetts—and fast. The construction of six new Whole Foods Markets in Massachusetts has not yet been confirmed; however, the grocer is reportedly in negotiations to either lease or purchase, “6 of 10 Johnnie’s Foodmaster sites in Arlington, […]
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 […]
Just after being elected mayor in 2003, Joe Curtatone at a boarded-up building in Assembly Square. By Danielle Dreilinger, Globe Correspondent Confusion, tension, and frustration filled Somerville City Hall Wednesday at a nearly four-hour meeting as the aldermen’s Finance Committee debated whether to authorize a bond that could be the key – or the stopping […]
