By Greg Ryan The potential soccer stadium in Everett may be getting lots of attention, but there’s another real estate-related provision in the state economic development bill that would have a far broader effect on the industry. The legislation, unveiled on Tuesday, extends approvals for building and other permits by two years statewide. The blanket extension would give […]
By Chris Lisinski The Kraft family would clear a key hurdle toward building a new professional soccer stadium in Everett under a nearly $4 billion bill on the move this week whose economic impacts reach across nearly every business sector. Top Democrats on Tuesday evening filed a compromise economic development bill months after their deadline-day talks […]
By Greg Ryan Half a percentage point. After months of finger-pointing and public acrimony, that’s all that’s in the way of a compromise between Boston Mayor Michelle Wu and the business community on a property tax hike. But as close as the two sides are to striking a bargain, there’s still plenty of frustration going around, […]
By Jon Chesto It took longer than expected,but The Davis Companies’ big bet on Watertown Square is paying off with the region’s largest lease deal for newly built lab space so far this year. Davis and its partner Boston Development Group just inked a deal with serial biotech entrepreneur Greg Verdine that would bring two of Verdine’s […]
By Greg Ryan CBRE Group Inc.’s investment arm has sold a shopping plaza in Cambridge’s Porter Square to two local firms for $20.1 million. Crosspoint Associates and Long Wharf Capital now own Porter Square Galleria, a 55,610-square-foot property anchored by a Target Corp. store. The plaza is 96% leased, with Retro Fitness, Citizens Bank and Anna’s Taqueria among its other […]
By Sam Doran and Sam Drysdale, State House News Service After years of debate, lawmakers finally came to an agreement to expand the number of alcohol licenses in Boston. There are 225 new licenses authorized in a compromise bill filed by House and Senate negotiators Tuesday afternoon, including 195 “restricted” licenses specifically marked for neighborhoods […]
By JLL In the past 12 months, Boston has emerged as the top major market in the United States for workers returning to the office. According to foot traffic data from Placer.AI, office attendance in Boston has increased by 10.3% during this period, marking a significant improvement from a year ago when the city lagged in […]
By Jon Chesto When demand for office space cratered during the COVID-19 pandemic, many developersdoubled down on building lab space instead. Lately, it sure seems like they went overboard. With newly builtlife sciences buildings hitting the market at a much faster rate than they can be filled, the availability of lab space in Greater Boston […]
By Greg Ryan A unit of the German software maker SAP is subleasing a floor of office space at 60 State St. in downtown Boston, nearly doubling its footprint at its Watertown location. SAP LeanIX (NYSE: SAP) is taking about 25,000 square feet from LinkSquares at the Boston office tower, with plans to move into the […]
By Lucia Maffei Women are increasingly joining the ranks of angel investors, and now make up almost half of angel investors nationwide, according to a new report. Last year, women angels represented 46.7% of the angel market, marking the third year in a row of increased participation. Women angels accounted for 39.5% of the market in […]
