DANVERS, MA-Everest Partners LLC acquires the Northwoods Business Park here for $14.7 million from Cornerstone Real Estate Advisors. Both parties were represented by Robert E. Griffin, Jr., Richard F. Herlihy and Christopher T. Griffin, in their first transaction with Cushman & Wakefield's financial services group.
GREATER BOSTON-The Community Preservation Act manages to pass in five of the 12 towns where it was on the ballot, despite its defeat in Boston. About 10% of the towns in this state have now passed this Act.
GREATER BOSTON-The Community Preservation Act manages to pass in five of the 12 towns where it was on the ballot, despite its defeat in Boston. About 10% of the towns in this state have now passed this Act.
GREATER BOSTON-The Massachusetts Lodging Association meets for a second time this year to revise its hotel occupancy and room rates. The group normally meets annually in July but the recent terror attacks significantly impacted the group's forecasted numbers.
GREATER BOSTON-The Massachusetts Lodging Association meets for a second time this year to revise its hotel occupancy and room rates. The group normally meets annually in July but the recent terror attacks significantly impacted the group's forecasted numbers.
BOSTON-Two Financial Center received approval from the Boston Redevelopment Authority a year ago but a legal action by abutters of the proposed 12-story building has prevented the developers from obtaining permits. The developers are confident that the legal resolution is coming shortly.
BOSTON-Two Financial Center received approval from the Boston Redevelopment Authority a year ago but a legal action by abutters of the proposed 12-story building has prevented the developers from obtaining permits. The developers are confident that the legal resolution is coming shortly.
SOMERVILLE, MA-The city finally reaches an agreement with IKEA, the Swedish home furnishing chain, to develop a mixed-use project including 225,000-sf of office, retail and restaurant space.
BOSTON-The controversial Community Preservation Act, which would have put a 2% surcharge on property taxes here, was defeated by 10,000 votes. The funds would have been used to develop affordable housing and preserve historic and green space in the city.
BOSTON-Manulife Financial begins construction on a 14-story tower it is developing South Boston seaport district. The Toronto-based company, which is leasing the site from the Massachusetts Port Authority, will use the building as its US headquarters.