By Michael Silverman and Jon Chesto The New England Revolution just secured a crucial assist from the state Legislature to help build a soccer stadium in Everett. But it’s just the first of many issues to be resolved before they can reach that ultimate goal. Among the remaining questions: Is it financially feasible for the Kraft Group, […]
By Linda Moss Eataly, the global Italian gourmet market and restaurant chain, is venturing outside cities such as New York and Chicago into the suburbs to rapidly expand in North America. In so doing, it’s showing how suburban malls are attracting traditionally urban tenants. The company opened its first location in New Jersey at the upscale Mall […]
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 Lauren Ohnesorge Red Hat is buying Neural Magic, an artificial intelligence firm based in the Boston area. Executives at the IBM (NYSE: IBM) subsidiary headquartered in North Carolina describe it as a play to level up in AI. “Red Hat has a long history of being open-sourced focused,” said Chris Wright, CTO of Red Hat, during a […]
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 […]
Westford, MA – ABG Realty is pleased to announce the upcoming availability of 314 Littleton Road, a premier 175,000-square-foot research and development facility in Westford, Massachusetts. This cutting-edge property, formerly occupied by Red Hat, presents a rare leasing opportunity for forward-thinking businesses looking to establish themselves in a dynamic and highly connected technology hub. Strategically […]
by Bill Pastuszek In reviewing the year so far, what are some of the factors that are influencing markets? For commercial real estate (CRE), what are some signposts that may help to understand what is in the offing? How is New England doing compared to other markets? First, the Fed. The “benchmark” federal funds rate sank […]
Opening October 25th, CanalSide Food + Drink at CambridgeSide, is a new food experience offering local fare with global flair. CanalSide offers visitors waterfront views, a collection of eateries, and a centrally located bar. C-Side Bar, situated in the center of CanalSide, presents a selection of craft cocktails, beer, and wine available to pair with […]
By Lucia Maffei Locus Robotics broke ground over a year ago at its Wilmington headquarters. After moving into the 157,000-square-foot building over the summer, the 9-year-old company — a manufacturer of robots for fulfillment warehouses for customers such as DHL and UPS — is planning to add members to its local team of 200 and growing its $150 million annual […]
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, […]
