tech

Aerospace

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 […]

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Moderna Pays $91M for Boston Life Science Property

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 […]

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The office market is getting gnarly

The delinquency rate on office building-related mortgage bonds spiked in May, per a report from Trepp, Emily writes. The big picture: Investors have been watching for this to happen since last summer — and May’s move may represent a “tipping point,” the data provider said in a note. State of play: The office space market is in a tough spot […]

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A $1 trillion-plus wall of multifamily debt will mature by 2027. Is that a ballooning concern?

By Ashley Fahey Although loans backing office properties are the most scrutinized these days, a wall of debt is also maturing within the multifamily sector in the coming years. And while multifamily continues to be seen as one of the safer asset classes, already, there’ve been recent examples of loan defaults on multifamily portfolios, including four […]

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Companies are talking about ‘recession’ less. Economic data helps explain why.

Josh Schafer – Reporter Wed, May 24, 2023 Wall Street has been waiting for a recession that hasn’t materialized roughly five months into the year. Executives at S&P 500 companies are talking about recessions less on earnings calls for the third straight quarter, per FactSet. S&P Global’s flash US composite PMI showed US economic output reached a 13-month high […]

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Cambridge Crossing arrives after two decades. It was worth the wait.

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 […]

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