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5 Transformational Developments That Could Reshape Greater Boston Real Estate

Greater Boston’s commercial real estate landscape is being shaped by more than market fundamentals and leasing activity. A new generation of transformative developments is redefining where businesses operate, where residents choose to live, and where investors see long-term opportunity. From the massive redevelopment of Suffolk Downs to the continued evolution of Allston Yards, Cambridge Crossing, Dorchester Bay City, and Assembly Row, these projects are creating new hubs for innovation, commerce, and community throughout the region. As they continue to take shape, they could play a critical role in determining the future direction of Greater Boston real estate.

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Historic Theaters Hit the Market

Two historic Greater Boston theaters are on the market for $12 million each,but the beloved venues inside aren’t going anywhere just yet. The sale of the Somerville Theatre and Capitol Theatre buildings highlights the intersection of commercial real estate investment, historic preservation, and the future of longstanding cultural institutions.

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Balancing Growth and Integration: Evaluating Competing Development Proposals at 90 Washington Street in Somerville

Somerville is currently evaluating two redevelopment proposals for 90 Washington Street, a four-acre site in the Inner Belt district near the MBTA’s East Somerville Green Line station. According to the Boston Business Journal, the decision is being made under meaningful financial pressure, with the city looking to recoup a roughly $30 million gap tied to its acquisition of the property…

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Boston-area bar, two chefs named James Beard finalists

Boston-area bar, two chefs named James Beard finalists

By Don Seiffert The James Beard Foundation has announced its 2025 finalists, and a Boston-area bar as well as chefs in Cambridge and Somerville have made the cut. The semifinalists were named earlier this year, and the winners will be named at a ceremony on June 16 at the Lyric Opera of Chicago. The finalist nominees and honorees were […]

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Rafi Properties signs Sublime Systems to additional 23,000 s/f

Rafi Properties signs Sublime Systems to additional 23,000 s/f

By NEREJ Somerville, MA According to Rafi Properties, owner and operator of Somernova, the 7.4-acre innovation campus and community dedicated to helping people and companies iterate and grow faster, Sublime Systems (Sublime) will expand their headquarters on the campus. Sublime, the leading developer of a fossil-fuel-free, scalable, drop-in replacement for traditional cement in concrete, will add […]

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Rafi Properties pursues $3.3B Somerville ‘tough tech’ mega-campus

Rafi Properties pursues $3.3B Somerville ‘tough tech’ mega-campus

By Greg Ryan The real estate firm behind Somerville’s Somernova business campus is proposing to replace the low-slung structures now on the site with a $3.3 billion redevelopment featuring five significantly taller buildings aimed at “tough tech” tenants. Right now, the 7.5-acre Somernova campus — located off Somerville Avenue, a half-mile west of Union Square — […]

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