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CAMBRIDGE, MA-Akamai Technologies, Inc. signs a seven-year sublease for 90,000 sf at Eight Cambridge Center. The software developer is taking the space from Novell, Inc. in a building developed and owned by Boston Properties.
BOSTON-Host Marriott Corp. purchases the 1,139-room Boston Marriott Copley Place, located in the Back Bay district of the city for $214 million. The acquisition is part of the company's strategy to buy high quality, large hotels at a discount to replacement cost.
BURLINGTON, MA-Alphatec leases 58,946 sf at 6 New England Executive Park, a 102,102-sf building located within a 10-building office park. The company needs to expand but wants to remain in this area.
BOSTON-Barnes & Noble, Inc. plans to open a 30,000-sf bookstore at 800 Boylston St. at The Shops in the Prudential Center. The store joins 65 other retailers in this building, which is located within the Prudential Center Office Park. <P>
BOSTON-Portland Street Hotel Inc. pulls off a real feat by nailing down financing for its Kimpton hotel project located downtown at 155 Portland St. Corus Bank is providing a $15.2-million construction loan for the 112-room boutique hotel.
BOSTON-The Boston Tenant Coalition, a group comprising representatives from most local advocates and tenant groups, kicks off a campaign to reinstate rent control in the city. The mayor remains noncommittal but developers are getting nervous.
MATTAPOISETT, MA-LogoAthletic sells its 118,125-sf building for $1.7 million to Cape Cod, Massachusetts-based The Bornstein Companies. The broker involved in the deal tells GlobeSt.com that the building is in an area that he believes developers will be targeting soon.
ACTON, MA-Liberty Trust wants a special permit from the town to build a 90-unit subdivision on the 232 acres it owns on Carlisle St. near Route 27. The permit will enable the developer to go to smaller lot sizes than the zoning allows. <P>
FRAMINGHAM, MA-Netezza Corporation relocates and expands its corporate headquarter to 200 Crossing Blvd. The high tech company, which develops business intelligence applications, doubled its office space as it anticipates significant growth by the end of the year.
SALEM, NH-Coventry Real Estate Partners and Developers Diversity Realty Corp. sell The Village Shoppes of Salem for $26.5 million. Despite the struggles of the power center sector of the retail market, the center's location near a major mall made it an attractive deal.
From 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.
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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.
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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!
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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 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