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DANVERS, MA-California-based Applied Materials, a manufacturer of products for the semiconductor industry, leases the 280,000-sf former Osram Sylvania manufacturing and office facility here. The company is putting $40 million into renovating the building and has an option to purchase it.
WORCESTER, MA-The city manager here is asked to look into alternative sites for a vocational high school. The school is supposed to be sited on a 21-acre parcel here on Belmont Hill but the conservation commission has objected to the project because of the wetlands in the area.
BOSTON-Developer Frank McCourt continues his quest to develop a ballpark for the Boston Red Sox on his parcel here in South Boston on the waterfront. A transportation consulting business working with the developer has hired a high-powered lobbying firm to push the developer's case on Beacon Hill.
BOSTON-A new plan to rebuild Fenway Park has been proposed by one of the seven groups bidding to buy a controlling interest in the team. While the team's construction advisor has dismissed other plans, this one warrants further study, he tells GlobeSt.com.
BOSTON-Local developer Frank McCourt makes one final presentation of his proposal to develop a ballpark for the Boston Red Sox on part of his 25-acre parcel on the South Boston waterfront.
BOSTON-In yet another indication of how poorly the local hospitality industry is faring in the wake of the recent terror attacks and the faltering economy, the Ritz-Carlton Boston decides to close its doors for renovations nearly two and half months earlier than it had originally planned.
WAYLAND, MA-A prime piece of real estate is coveted by both a group of private developers and the town. Wayland has made an offer on the 25-acre parcel but town officials tell GlobeSt.com that the developers want more cash than the town can scare up.
HOPKINTON, MA-EMC Corp. will lay off 10% of its work force--its largest layoff ever. A company spokesperson tells Globest.com that the company is looking to consolidate its current operations and the fate of two facilities under development is unknown.
SHERBORN, MA-Local residents here and in Ashland form a coalition to oppose a housing project being developed in their midst. The developer plans to make 25% of the units affordable, putting it safely within the state affordable housing law and enabling it to bypass some local zoning laws.
BOSTON-Represenative Marie J. Parente files a bill in the state legislature providing local conservation commissions with the right to hire a consultant to review a project and require the developer to pay. The Greater Boston Real Estate Board opposes the bill's lack of specific guidelines.
From Placer.ai
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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 TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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 TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
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 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