WALTHAM, MA-A high tech bust and a slowing commercial real estate market here has apparently not deterred three brokers who have opted to leave Meredith & Grew Inc. to form a new realty firm here. The firm will focus on the needs of tech-based clients.
BOSTON-Cubic Transportation Systems Inc. has opened an office here so it will be ready for potential business from the city's public transportation system.
TEWKSBURY, MA-A local committee examines a land transfer proposal that involves swapping a 19-acre parcel owned by Tewksbury hospital here on Livingston Street for 25.4 acres of private land that adjoins the hospital land.
FRANKLIN, MA-This town hopes that a proposal to transform an old furniture store into a regional theater will help its Downtown revitalization effort. The 15,000-sf building has been sitting empty for years.
BOSTON-The mayor's lawyers seek to have the South Boston Betterment Trust's lawsuit against his office dismissed. The mayor nullified an agreement the trust made that would have given South Boston millions of dollars in linkage fees from developers.
MANCHESTER-BY-THE-SEA, MA-A $12-million housing development proposed for the downtown area here is met with some concerns by residents whose property abuts the proposed site. But officials with the project emphasize that all concerns will be addressed.
NEWTON, MA- Newton Centre Realty becomes the first local real estate firm to conduct its transactions online. Legislation passed last June allows the firm to use a digital signature service for all its online documents.
GREATER BOSTON-A study by Lehman Brothers and Cushman and Wakefield indicates that only 25% of all the telecommunications space in the Greater Boston area was leased as of February, making this area's telecom industry softer than those in most major sections of the country.
GREATER BOSTON-A study by Lehman Brothers and Cushman and Wakefield indicates that only 25% of all the telecommunications space in the Greater Boston area was leased as of February, making this area's telecom industry softer than those in most major sections of the country.
CAMBRIDGE, MA-This area's current commercial real estate market woes can be seen in onExchange's relocation of its headquarters here from Waltham. The company signed the lease within the last two months and says that the drop in rents enabled it to make the move.