BOSTON-The House delivers a resounding defeat to supporters of legalized gambling in the state with its rejection of a series of amendments designed to expand its legal definition in Massachusetts. This move effectively halts a Native American push for a casino here.
WOODSVILLE, NH-Butson's Enterprises closes four of its Ro-Jack's stores in Mansfield and North Attleboro, MA and in East Wakefield and Greenwich, RI. The locally based retailer is looking to cut costs in an effort to better position itself in the current market.
PEABODY, MA-KinderCare Learning Centers will open its 24th center in the state at 520 Lowell St. The Portland, Oregon-based company is one of the country's largest providers of early childhood care and education. The facility is expected to be open this September.
BOSTON-The Boston Redevelopment Authority's board of directors gives the green light to CWB Boylston LLC's Boylston Street Mixed Use Project. The 450,000-sf property, to be located within the Prudential Center Complex, will include a 168-room hotel, 105 residential units and retail space.
SUDBURY, MA- David's Moving & Storage signs a 19,500-sf sublease at Chiswick Park on 31 Union Ave. The broker involved tells GlobeSt.com that the deal is indicative of the uptick in the Metrowest market.
MANCHESTER, NH-K&S Manchester Commons LLC, an affiliate of Kalikow, has joint ventured with Feldco Development and Retail Development to purchase 15 acres here. The group plans to develop a 160,000-sf shopping center on the site.
GREATER BOSTON-It was sublease space that pushed up vacancies in the suburban market in Q1, according to a newly released study by Meredith & Grew. Vacancies rose to nearly 20%.
CAMBRIDGE, MA-Novartis, the Basil, Switzerland-based pharmaceutical giant, takes 255,000-sf of space in Kendall Square to develop the Novartis Institutes for Biomedical Research, which will serve as its worldwide research center. The company plans to initially invest $250 million in developing the facility.
BOSTON-In what is the largest gift in the hospital's history, the Yawkey Foundation is giving $25 million to the Massachusetts General Hospital over the next eight years to develop a 320,000-sf, 10-story outpatient care center near the hospital on Fruit Street.
FRAMINGHAM, MA-Colortyme, a rent-to-own/rental-purchase franchiser, opens its eighth store in the state in the Bullard Building at the junction of Routes 126 and 135. The Greater Boston franchise is looking to open two to three additional locations in the area.