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PEMBROKE, MA-The Grossman Companies, Inc. sells Pembroke Crossing, a 27,000-sf shopping plaza to Falconi Realty LLC for $2.45 million. A company spokesperson tells Globest.com that Grossman has other investment opportunities and felt the time was right to sell the property.
BOSTON-The Saunders Hotel Group completes its $10-million restoration of The Lenox Hotel, a 214-room facility located in the Back Bay. The project involved upgraded rooms, a new business center, three new restaurants and an exterior renovation that emphasized replicating the original structure.
BELLINGHAM, MA-The zoning board of appeals here grants a special permit to the Bevilacqua Paving Co. to build an asphalt plant on its five acre parcel on Maple Street, but denies the company a zoning variance for the project's air-filtration tower.
WALPOLE, MA-Big Y plans to enter the eastern Massachusetts grocery market, which is already crowded with stores, with a 63,500-sf supermarket on Route 1A. This will be the Springfield, MA-based chain's 50th store and its 27th in the state.
BOSTON-Genetix USA establishes its first significant US presence by leasing 5,500 sf at 56 Roland St., just over the border from Cambridge. The move represents the company's "increased investment" in its US business and is a testament to the area's reputation as a biotech center.
BOSTON-The state's environmental secretary Robert Durand signs an environmental justice policy that local real estate and business trade groups actually like. The new policy is being lauded for its reforms that can expedite the permitting process for the development of brownfields.
WILMINGTON, MA-205 Lowell Street LLC gets $14.5 million in financing for 205 and 207 Lowell St., two buildings that total 202,820 sf and are being redeveloped into office space. The $14.5 million construction loan was financed from Webster Bank.
BOSTON-Governor Jane Swift proposes a number of regulatory changes to the state's affordable-housing law. The move comes after the governor vetoed the legislature's housing bill this past summer, which included amendments to the law.
CANTON, MA-The town planner proposes developing 150 to 160 units on a 124-acre parcel located off Route 138. The development would enable the town to bring its affordable-housing stock over the 10% mark, making it invulnerable to Chapter 40B proposals.
BOSTON-A superior court judge throws out the case against the development of a new runway at Logan International Airport. The towns of Hull, Hingham and Cohasset claimed that the proposed runway would increase air and noise pollution in the area.
From Placer.ai
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Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Building Engines
Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource