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SAUGUS, MA-AvalonBay Communities Inc. begins construction on Avalon at Stevens Pond, the 326-unit apartment community it is developing near Route 1. The Alexandria, VA-based apartment complex developer tends to focus on high barrier-to-entry markets.
METHUEN, MA-Parlex Corporation closes the doors on its 46,000-sf laminated cable manufacturing facility in Salem, NH. The company has been shifting a lot of its work to China and now has excess capacity in its 200,000-sf facility near its headquarters here.
BOSTON-One Brigham Circle celebrates the completion of primary construction. The 190,000-sf mixed-use development is right near the Longwood Medical Area and has 116,500-sf of office space pre-leased for 15 years to Partners HealthCare Systems. A 30,000-sf Stop & Shop is also part of the project.
BOSTON-Catherine Minnerly leaves NAI Hunneman Commercial to join Cushman & Wakefield as a senior director specializing in the south suburban area. Minnerly was with NAI Hunneman for 14 years, where she focused on the industrial market.
BOSTON-Aberdeen Group takes advantage of the current market by relocating its headquarters to 16,000 sf at 260 Franklin St., in the heart of the city's financial district. A spokesperson tells GlobeSt.com that the company negotiated a lower rate for its new lease.
BOSTON-Aberdeen Group takes advantage of the current market by relocating its headquarters from One Boston Place to 16,000 sf at 260 Franklin St., in the heart of the city's financial district. A spokesperson tells GlobeSt.com that the company negotiated a lower rate for its new lease.
WAKEFIELD, MA-Epsilon leases 100,000-sf of space at 601 Edgewater Dr. The company, a subsidiary of Relizon, took a 10-year lease worth $23 million in a deal that is being called the largest in suburban Boston this year.
BEDFORD, MA-Voters decide today whether a school or a 264,000-sf mall gets built on a 38-acre parcel located between Routes 114 and 101. The Flatley Co. agreed to sell the parcel to the town's school district but the town has to approve the $3.9-million purchase.
BOSTON-The Boston Redevelopment Authority approves Beacon Capital Partners' request to modify its 1.75-million sf Midway project. The changes involve reducing the office space while nearly tripling the number of residential units.
FRANKLIN, MA-A developer wants to put 91 units of housing downtown, taking advantage of the town's recent zoning amendment that now allows multifamily developments in commercial districts. The rezoning was done in an effort to revitalize the CBD.
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