13+ hour, 23+ min ago  (285+ words) An Atlanta-based developer is the last bidder standing to redevelop a 4-acre city-owned site in east Somerville, and it has altered its project plans. Wood Partners is the winning bidder for the redevelopment of 90 Washington St., a vacant lot near…...

3+ week, 2+ day ago  (456+ words) A beleaguered life sciences developer has notched a major victory in the suburbs of Boston. Clinical-stage radiopharmaceutical company AdvanCell signed a long-term, 128K SF lease at San Diego-based IQHQ's 1 Corporate Drive in Andover, the company announced Monday. The lease brings the…...

1+ mon, 2+ week ago  (559+ words) A Houston-based development firm has acquired a vacant site in Andover with a vision for a multifamily project. The Hanover Co. acquired 300 Minuteman Road in Andover for $2.5M from Spear Street Capital, according to public records. Hanover regional development partner David…...

3+ mon, 4+ week ago  (638+ words) One of the largest office-to-residential conversions in the state landed financing. Boston-based Synergy secured a $51M loan from MassDevelopment and The Washington Trust Co. for its 198-unit project at 10 Chestnut St. in Worcester. Washington Trust provided a $47.5M loan, while MassDevelopment provided…...

5+ mon, 3+ day ago  (315+ words) Mesirow Financial acquired the Twenty20 apartment complex in Cambridge Crossing this past week. The Chicago-based investment firm bought the 20-story, 355-unit apartment complex from PGIM Real Estate for $218M, according to public records. The sale was listed on Feb. 10. PGIM sold it…...

5+ mon, 6+ day ago  (499+ words) FoxRock Properties secured a refinancing loan for a Quincy multifamily community. The Quincy-based developer acquired a $128.2M loan for its 465-unit property at 100 Whitwell St., known as Ashlar Park, from CBRE's Fannie Mae Delegated Underwriting and Servicing platform, according to a…...

5+ mon, 1+ week ago  (529+ words) Less than three years after a federal investor catalyst hub opened its doors in Cambridge, the company managing it has received notice that the federal government seeks to terminate its agreement with the hub "in large part or in full....

6+ mon, 3+ week ago  (910+ words) The real estate arm of the parent company of Fidelity Investments acquired the 280-unit Proto in Kendall Square in Cambridge. Pembroke acquired the property for $170M, the Boston Business Journal reported. The property marks the company's fifth residential acquisition in two…...

8+ mon, 4+ day ago  (804+ words) Amid Worcester's growth, local developers and city officials are concerned about how the city can continue to grow sustainably without deterring new development. The city, located roughly 47 miles west of Boston, is the second largest in New England. Over the…...

11+ mon, 3+ day ago  (373+ words) BioMed Realty, one of the largest lab owners in Cambridge, landed a major refinancing deal for its Cambridgeport campus in Kendall Square. The Blackstone-owned company closed a $1.63B refinancing package for its 1.3M SF University Park at MIT campus adjacent to the…...