SHARON, MA-In the latest in a series of affordable housing projects proposed for the town, Avalon Bay wants to develop a 250-unit residential project on a 27-acre parcel off Edgehill Road and Route 27.
HUDSON, MA-Southborough Ventures proposes developing a 180-unit senior housing community on a vacant 42-acre parcel off Technology Drive and Wheeler Road. The town's first over-55 project, is currently under construction.
PLYMOUTH, MA-The Plymouth Regional Economic Development Foundation wants to see 1,000 acres of town-owned land developed into an industrial park. The group says that at full build out the project could generate $6 million in taxes.
ANDOVER, MA-In a deal that represents a renewal and expansion of Verizon's space in the building, the company leases 34,465 sf at One Corporate Dr. This is the third time Verizon has renewed in the building.
WESTWOOD, MA-Federated Department Stores will remain in its 41,000 sf of distribution and warehouse space at 245 University Ave. The space is used as distribution space for the chain's Macy's Department Store chain.
NEWTON, MA-RMR Real Estate Fund has priced its initial public offering for $100 million. The closed-end investment company plans to invest primarily in common and preferred securities issued by real estate companies, including REITs.
BOSTON-Nicholas Pritzker put the 21-acre Fan Pier project up for sale. The developer spent nearly three years getting the $1.2-billion hotel, office and residential complex permitted, but never secured financing.
CAMBRIDGE, MA-Harvard University is selling about $350 million worth of bonds to raise funds for renovation projects including the medical school's new research building, a garage, the Science Center and the Baker Library.
BOSTON-A few weeks after the zoning commission delayed its vote on Kensington Investment Co. Inc.'s plan to build a 30-story apartment building in Chinatown on Washington Street, the commission gives the proposal the thumbs up.
BOSTON-Gov. Mitt Romney unveils an initiative to use publicly owned land around transit stations for the development of residential and commercial centers.