WATERTOWN, MA-In what could be one of the first major commercial real estate deals for 2001 in this area, Harvard University is reportedly considering acquiring Arsenal on the Charles, a 30-acre mixed-use complex here.
BOSTON-New York-based Rose Associates' plans for its 12-story office building here in the Leather District faces opposition with the development company's reported pledge to give its linkage fees to Chinatown.
NORWOOD, MA-Locally-based National Development buys three class A office buildings here in Norwood Park South for $12.8 million from Sun Life Assurance and John Hancock Life Insurance.
FRANKLIN, MA-SMTC moves into a 150,000-sf fully equipped facility here. The electronic manufacturing services provider is looking to expand its presence in the New England area.
BOSTON-Reports that the $100-million budget overrun on the $750-million South Boston convention center here could have been evident earlier has prompted local politicians to call for an investigation into the project.
BOSTON-Locally-based Boston Properties Inc. has purchased a large interest in Skyline Holdings, an affiliate of Allied Partners. The purchase was made to expedite a joint venture with Allied. Negotiations are underway to establish the terms of the partnership.
BOSTON-Developers of the Columbus Center project here change the project's original proposal by adding a second tower and nearly doubling the height of the other. The project will now include a hotel and condominiums.
FOXBORO, MA-Creative financing on the part of New England Patriots team owner Robert Kraft has enabled him to fully privately finance the building of a new $350-million football stadium here.
BOSTON-eLink Communications makes its first foray into the area by inking a deal with Cummings Properties to wire 40 buildings in the area. A total of five million sf will see new broadband installed.
MEDFORD, MA-Digital Island Inc. opens a data center here to provide Internet services for local businesses. Sun will be a major infrastructure provider of products and technologies for the center.