Boston
Jefferies LoanCore Provides $60M Mortgage for Hingham Shipyard Retail Center
The Debt & Equity Finance team of CBRE/New England has negotiated $60 million in first mortgage financing with New York-based investment bank Jefferies LoanCore on behalf of real estate development company Samuels & Associates. According to Citybizlist, the loan will be used to secure The Launch at Hingham Shipyard, a…
Continue reading →Class A Office Building Breaks Ground in Somerville; Private Investors to Open Alcohol Distillery in Hingham
Rockville, MD-headquartered Federal Investment Realty Trust is one building away from completing the first phase of Assembly Row, a $1.6 billion redevelopment effort in Somerville that aims to create a new, 45-acre neighborhood.…
Continue reading →Schneider Electric’s Fifth Research and Development Center to Open in Andover
Schneider Electric, a France-based energy technology company which employs over 130,000 worldwide, will add another facility to its network of research and development hubs that includes Grenoble (France), Bangalore (India), Monterrey (Mexico) and Shanghai (China).…
Continue reading →Nauset Completes Rental Building in Cambridge; Developer Eyes Seaport District for Large Multifamily Project
Nauset Construction, a real estate development company based in Needham, recently finished converting the former Holmes Building in Central Square in downtown Cambridge into 21 rental units. The $3.5 million redevelopment project was designed by The Architectural Team (TAT) for owner Central Square, LLC, and called for interior and exterior…
Continue reading →BRA Approves $150M Housing and Retail Development in Allston
The Boston Redevelopment Authority (BRA) board voted unanimously in favor of a $150 million mixed-use project that will redevelop a 2.67-acre parcel of land owned by Harvard University at the intersection of North Harvard Street and Western Avenue in the North Allston neighborhood.…
Continue reading →Construction is Imminent at the Former Boston Herald Site
One year after Newton-based National Development unveiled plans to convert the former Boston Herald headquarters into a mixed-use complex, work is about to begin at the 6.6-acre site at the corner of Herald Street and Harrison Avenue.…
Continue reading →Boston’s Housing Inventory to Grow by 30,000 Units by 2020
In a speech delivered on March 25 before the Boston Municipal Research Bureau, Mayor Thomas M. Menino unveiled an ambitious plan to add 30,000 new housing units in the city by the year 2020.…
Continue reading →IKEA to Expand Existing Boston-Area Store
Swedish furniture giant IKEA is planning to expand its Stoughton, MA self-serve store by nearly 59,000 square feet, the company announced last week.…
Continue reading →
Recent Comments