BEDGORD, NH- Merchants Realty Trust acquires 2 Commerce Park Drive here from 2 Commerce Park Drive Association for $3.5 million. The new airport access road being installed near the Commerce Park West development made the building attractive to investors, according to a broker involved in the deal.
NASHUA, NH-The hotel chain enters the market here with its first hotel in the state hotel at 2000 Southwood Dr. An official with the company tells GlobeSt.com that local demand for extended-stay hotels here is strong.
BOSTON-Despite Q4 numbers that indicate that the market in the city here has been hard hit by the recession and the aftermath of the terror attacks, an industry insider tells GlobeSt.com that demand is starting to pick up.
WATHAM, MA-Vacancy rates continue to rise as rents fall in the Route 128 area. While a local broker tells GlobeSt.com that relief is not coming quickly, he does note that a number of deals are in the works here and the biotech industry is starting to look this way.
WATHAM, MA-Vacancy rates continue to rise as rents fall in the Route 128 area. While a local broker tells GlobeSt.com that relief is not coming quickly, he does note that a number of deals are in the works here and the biotech industry is starting to look this way.
WATHAM, MA-Vacancy rates continue to rise as rents fall in the Route 128 area. While a local broker tells GlobeSt.com that relief is not coming quickly, he does note that a number of deals are in the works here and the biotech industry is starting to look this way.
BOSTON-A huge leak in the Fort Point Channel tunnel here is repaired. The leak opened this past summer, costing the Big Dig--the massive highway construction project here--millions of dollars and setting its schedule back by at least four months.
BOSTON-An audit of the process by which the Big Dig, the massive highway construction project here in the heart of the city, deals with claims for work that wasn't originally contracted is being considered by the Department of Transportation. The project has already paid out $1 billion in additional work claims.
CANTON, MA-Hadco opens its first Boston-area office here at the Canton Corporate Park near Routes 1 and 95. The Suwanee, Georgia-based company is a regional distributor of high-end specialty appliance products for the home.
NEEDHAM, MA-In order to increase the density of its 215-acre business center here between the Charles River and Route 128, the town wants to change the zoning designation and establish a traffic mitigation fund that would make it easier to build an exit off the highway here.