WESTBOROUGH, MA-In anticipation of future development, EMC Corp., the information storage company, placed 190 acres under agreement here and plans to buy an additional 100 acres pending approval of a zoning change.
NORTHBOROUGH, MA-Despite a jittery economy, enthusiasm has not dampened for the Greater Boston commercial real estate market. Gutierrez Cos.'s recent purchase of 560 acres here is evidence of that.
BOSTON-As it prepares to vote on a proposal to build a ballpark here, the city council voiced its opposition at a public hearing. The council believes the project will cost the city more than originally anticipated.
BOSTON-Starwood Hotels has finally agreed to move ahead with its development of the South Boston convention center hotel. Officials at the Massachusetts Convention Center Authority are breathing a sigh of relief.
BOSTON-OfficeTempo, a locally-based company, is offering web-based procurement services to small and medium-sized companies. The service, which is currently only available in this area, provides costs savings by aggregating demand.
BOSTON-As further indication of the growth of the North Station market, Daejan Holdings PLC increases its presence here by paying $21.3 million or over $200 per sf for a 102,000 sf building. This is the London-based company's fourth building in the city.
BOSTON-The buyout offer made to CB Richard Ellis by an investor group led by Blum Capital Partners made a major news splash. But one local CB executive believes the impact here will be minimal.
BOSTON-Demonstrating the strength of the Back Bay market as a viable alternative to Downtown Boston, the 36-story office building being built here looks like it will be fully leased by its opening date in September 2001.
CHELMSFORD, MA-In just sixteen months, Brix Networks is nearly tripling its office space as the company relocates here from nearby Billerica. It hopes the central location will continue to lure potential employees.
BOSTON-After a number of extensions, the team of Starwood Hotels and Carpenter & Co. has to decide if it will go ahead on the $270 million hotel. It has been deemed crucial to the success of the convention center.