Tags: Massachusetts

Global Italian market Eataly heads to suburban malls in sign of further shift for retail centers

Global Italian market Eataly heads to suburban malls in sign of further shift for retail centers

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 […]

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Developers win reprieve on building permits in economic development bill

Developers win reprieve on building permits in economic development bill

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 […]

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IBM subsidiary Red Hat buys Boston AI firm

IBM subsidiary Red Hat buys Boston AI firm

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 […]

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House, Senate strike a deal on economic development bill

House, Senate strike a deal on economic development bill

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 […]

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State-of-the-Art 175,000 SF R&D Facility in Westford, MA Available for Lease

State-of-the-Art 175,000 SF R&D Facility in Westford, MA Available for Lease

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 […]

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BIOTECH BAN

BIOTECH BAN

The Biosecure Act could ban Chinese biotechs and hurt Mass. drug developers. But some see an opportunity for local R&D.By Hannah Green  Driven by concerns over national security, the federal government is weighing a crackdown on Chinese biotechnology suppliers that would have far-reaching effects in the life sciences industry. The legislation, known as the Biosecure Act, would prevent biotech […]

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By one key measure, Boston’s lab market is in as rough shape as the pandemic-battered office market

By one key measure, Boston’s lab market is in as rough shape as the pandemic-battered office market

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 […]

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