Viewing posts from: August 2019
Boston Realty Advisors Sells Trophy Cambridge Apartment Asset to NY Firm for $11.5M
Capital Markets

CAMBRIDGE—After a fast-paced battle targeting 922 Massachusetts Ave., New York-based Columbia Partners has taken the prized 31-unit apartment building in teeming Central Square offered this spring through Boston Realty Advisors. The Emerson fetched $11.5 million and was financed with $7.5 million from Cambridge Trust Co. “We are excited with our acquisition of The Emerson and […]

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WeWork rose fast on short-term leases. But can it stick around long-term?

These are boom times for WeWork. The co-working giant has been scooping up Boston office space at a torrid clip, some 1.5 million square feet in 16 buildings, from downtown towers to Fort Point warehouses. That’s nearly a Hancock Tower of desks that it rents from landlords and then sublets on flexible terms to everyone […]

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Boston Developers Started 4M SF In Office, Lab Projects In Q2
New Developments

Vacancies are low and the construction pipeline is deep this summer in Boston. Business demand focused on urban Boston continues to fuel a prolonged positive cycle. There was 1.5M SF of net tenant commitments in Q2, launching a combined 3.6M SF of office and lab construction for tenants like Amazon, MassMutual, Sanofi and State Street. […]

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