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BOSTON—General Electric officially announced Wednesday afternoon that it will be shifting its headquarters operations from Fairfield, CT to the Seaport District here. To help offset relocation costs, GE says it will sell its offices at 30 Rockefeller Plaza in New York City, along with its Connecticut headquarters.
QUINCY, MA—The 1199SEIU United Healthcare Workers East labor union will be relocating its operations from long-time leased space in Dorchester to nearly 42,000 square feet of space here later this year.
NEW YORK CITY—While Midtown Manhattan is seen as one of the premier locations in the world, brokerage firm Savills Studley reports the district is beginning to lose a bit of its luster.
BOSTON—The company's CEO Jeffrey Immelt has been shopping for new digs since a hefty tax increase in its current state, Connecticut, was passed last year.
BOSTON—Putnam Investments reports it will begin shifting its headquarters operations in 2018 from One Post Office Square to Boston Properties' 100 Federal St. tower.
BOSTON—The booming life sciences sector in Cambridge and Greater Boston is causing some companies to look to other neighboring markets for suitable space.
NEW YORK CITY—The commercial lending market will be rife with opportunities, but investors as well as lenders likely will face a slight change in attitude this year.
BOSTON—The newly named chairman of DLA Piper's US Real Estate Practice tells Globest.com exclusively that he is looking to grow the law firm's operations in many US gateway cities in 2016.
BOSTON—Mandarin Oriental International Limited reports it hopes to secure court approval sometime in the first quarter of this year for its $140-million acquisition of the Mandarin Oriental Boston hotel.