BOSTON-Skanska USA Commercial Development has bought another piece of land in Boston's Seaport Square for $33 million from John Hynes. The company has plans to construct a 455,000-square-foot commercial facility with retail space on the ground floor on the 11-acre Parcel L1 at Seaport Square.

Skanska and WS Development will develop the ground-floor retail space on the parcel. Last year, Skanska and Twining Properties bought Parcel K for $18.6 million to build Watermark Seaport, a complex with 350 apartments and 25,000 square feet of retail space. For the full story, go to Boston Business Journal .


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.