Boston
MetLife, Norges Bank Create JV to Invest in U.S. CRE Market
MetLife and Norges Bank Investment Management have teamed on a joint venture to invest collectively in Class A office properties in key U.S. markets, making its initial investment in One Financial Center in Boston.
$45 M Expansion Project to Add 94 Rooms to Hotel Commonwealth
The owners of the Hotel Commonwealth located in Boston’s historic Kenmore Square at 500 Commonwealth Avenue received the green light for a $45 million expansion project that will increase the building’s existing capacity of 149 guest rooms by 60 percent.
118 Luxury Condos under Construction at Boston’s Fan Pier
A new luxury residential project that recently broke ground in Boston shows that the city’s housing market is doing better after a few years of economic decline. Twenty Two Liberty is the first high-end condominium tower to be built in the Hub in four years and it’s located at Fan Pier, a $3 billion joint venture between The Fallon Company and MassMutual and Cornerstone Real Estate Advisers as financial advisers.
Skanska to Start Construction on $57 Million Academic Building for Harvard Business School
Details of one of the key projects outlined by Harvard University in its revised 10-year Institutional Master Plan (IMP) that was approved by the Boston Redevelopment Authority this fall were recently revealed.
District Hall Launches in Boston’s Innovation District
Last month the first innovation building officially opened in the heart of Boston’s thriving Innovation District, a newly created “tech neighborhood” in the South Boston waterfront that serves as business incubator, co-working and conference space for startups in the Greater Boston area and public events place.
Northeastern University to Expand with New Research Building
The Boston Redevelopment Authority (BRA) unanimously approved a $1.6 billion master plan for development proposed by Northeastern University in which the institution describes its need for new buildings and renovation projects at the existing structures for the next decade.
‘America’s Number 1 Digital City’ Welcomes New Facebook Engineering Office
If you’re passionate about everything that has to do with technology and communication and you’re looking to relocate to a vibrant city, then Boston might just be your best option.
225 Centre Building Adds 103 Rental Units in Jackson Square, More to Follow
The intersection of Columbus Avenue and Centre Street, an underutilized section in Boston’s Jamaica Plain neighborhood, is going through some major changes. Four decades after much of the area was bulldozed to make room for a highway expansion program that was never built, city officials and development partners last week celebrated an important milestone of an ambitious, $250 million redevelopment project of the Jackson Square community that will serve as a gateway between Jamaica Plain and Roxbury.
Clarion Acquires 173 KSF Office Building in Boston for $121M
Clarion Partners has purchased a six-story, 173,439-square-foot office building in Brookline, Mass. for $121 million.
Construction at Northeastern’s GrandMarc Student Dorm is 50 Percent Completed
Construction at Northeastern University’s GrandMarc, a residential building currently under construction behind the YMCA of Greater Boston on Huntington Avenue, has reached its halfway point as the final steel beam was added to the 17-story structure. The topping-off was celebrated last week by President Joseph E. Aoun, Mayor Thomas M. Menino, representatives of Phoenix Property Company and Suffolk Construction and othe rpople affiliated with the project.