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BOSTON—The Davis Companies president Richard McCready says the firm has for some time considered entering the hotel sector, but not until now had a property become available that met all its investment criteria.
WOBURN, MA—A partnership of the Davis Companies of Boston and the Rubicon Companies has acquired the 344-key Hilton hotel here on Forbes Road. The new ownership plans to spend approximately $15 million on upgrades.
NEW YORK CITY—Published reports reveal that a banking tenant has purchased a spot at 30 Hudson Yards, though the complex's developer wouldn't confirm the reports to GlobeSt.com.
CANTON, MA—Calare Properties of Hudson, MA continues to increase its suburban flex-office portfolio in suburban Boston with the purchase of 95 Shawmut Road here.
PEARL RIVER, NY—The sale of the Pfizer campus here to Industrial Realty Group, LLC closed on Wednesday. The Los Angeles, CA-based company states its plan for the 200 acres it acquired will result in a "dynamic mixed-use, multi-tenant campus."
BOSTON—In response to the decision earlier this year by Gov. Charlie Baker to delay the planned $1-billion expansion of the Boston Convention & Exhibition Center, the Massachusetts Port Authority has issued a Request for Qualifications for a significant mixed-use project across the street.
BOSTON—Eight significant developers and property owners are ponying up a total of $400,000 to fund the creation of a study and plan to improve the North Station area's transportation network and supporting infrastructure.