Northeast

Harmsen will be actively involved in the InNOVAte 2019 Challenge, an accelerator program, and Greentown Labs, the largest cleantech incubator in the US, with the goal of developing innovative technologies to disrupt the built environment value chain.

The New York Building Congress notes nationally in 2018 retail construction dropped 21% and provides the numbers that point to telling trends.

Earlier this week the real estate private equity firm moved to its new Plaza District office, leaving 825 Third Ave.

The commission allowed Wynn Resorts and Wynn MA LLC to maintain its license, which paves the way for Encore Boston Harbor to open its doors in June.

The New Orleans and New York City-based development and management firm bought the property from Treetop Development for $38.5M.

The bank has signed a new 15-year lease deal for 545,000-square feet or roughly half of the 1.2-million-square-foot, 37-story office building at 100 Federal St.. The lease deal is an early renewal of Bank of America's lease that was scheduled to expire in 2022.

"We have seen a massive amount of startups in this industry, massive verticalization, lots of money pouring in."

Limited construction will continue to cause tightening vacancies and rising rents, says Avison Young.