PORTSMOUTH, NH-A recent report by Lodging Econometrics, the locally based research division of National Hotel Realty, indicates that the pipeline for new hotel development has dropped to the lowest level since the early 1990s.
BOSTON-The local office of Trammell Crow Company coordinates the American Association of Retired Persons' effort to open offices in 50 states across the country. The effort has resulted in 29 leases so far.
PORTSMOUTH, NH-A recent report by Lodging Econometrics, the locally based research division of National Hotel Realty, indicates that the pipeline for new hotel development has dropped to the lowest level since the early 1990s.
BOSTON-The Museum of Fine Arts reveals the architectural designs for its comprehensive master site plan, which will nearly double the museum's 531,000-sf building. The museum is currently beginning phase 1 of the project for which it is undertaking a $425 million fundraising campaign.
CAMBRIDGE, MA-In one of the biggest deals of the year in this area so far, Paradigm Properties and Westbrook Partners sell the Davenport Building here on First Street to IBUS Company for $53.5 million. The companies acquired the 220,750-sf building in 2000 for $49.9 million.
BOSTON-The environmental legislation passes the Senate here. If the bill makes it through the house, it would give the state's Executive Office of Environmental Affairs the power to prevent development in towns with the environmental justice designation.
BOSTON-An 836,950-sf development proposed for 3.4 acres here in South Boston on the waterfront gets the go ahead from the Boston Redevelopment Authority. The $240 million project includes a 440-room hotel, a restaurant, retail space and 460 residential units.
BRIDGEWATER, MA-This town and Raynham prepare to vote on a $76.5 million regional high school project. Voters in this town have more at stake because the town is considering acquiring Raynham's share in the high school as well to develop a middle school for Bridgewater there.
BOSTON-Hanify & King leases 25,000 sf here on the 21st floor of One Beacon St., the 34-story, 1.1 million-sf financial district office building. The law firm is looking to expand its space.
BOSTON-Standish Mellon Asset Management commits to 80,000 sf here at One Boston Place. The company is vacating 100,000 sf at One Financial Center and the deal is indicative of a growing trend towards consolidation in the marketplace here, an industry expert tells GlobeSt.com.