Tuesday, 3 April 2018
US proposes tariffs on $50 billion in Chinese imports
source https://www.boston.com/news/politics/2018/04/03/us-proposes-tariffs-on-50-billion-in-chinese-imports
The Latest: Internet Association skeptical of new tariffs
source https://www.boston.com/news/politics/2018/04/03/the-latest-chinese-embassy-condemns-planned-us-tariffs
Facing heat at home, GOP leaders may rescind some spending
source https://www.boston.com/news/politics/2018/04/03/facing-heat-at-home-gop-leaders-may-rescind-some-spending
Interest in Massachusetts pot licenses appears strong
source https://www.boston.com/news/local-news/2018/04/03/interest-in-massachusetts-pot-licenses-appears-strong
Anticipating Trump's next move, aides prep Iran deal pullout
source https://www.boston.com/news/politics/2018/04/03/anticipating-trumps-next-move-aides-prep-iran-deal-pullout
Jeweler sentenced for $3.6 million fraud scheme
source https://www.boston.com/news/local-news/2018/04/03/jeweler-sentenced-for-3-6-million-fraud-scheme
Williams picked as next president of New York Fed
source https://www.boston.com/news/politics/2018/04/03/williams-picked-as-next-president-of-new-york-fed
The Latest: Trump doesn't publicly repeat praise of Pruitt
source https://www.boston.com/news/politics/2018/04/03/the-latest-trump-doesnt-publicly-repeat-praise-of-pruitt
2 top Dems demand public hearings on Trump Cabinet travel
source https://www.boston.com/news/politics/2018/04/03/2-top-dems-demand-public-hearings-on-trump-cabinet-travel
EPA chief's job not assured after Trump's praise _ and ire
source https://www.boston.com/news/politics/2018/04/03/trump-offers-support-to-embattled-epa-head
Spring House Hunt picks: Homes for sale in Boston Marathon host towns
We look at properties in Hopkinton, Newton, Wellesley, Framingham, and Boston that are not far from the course.
The post Spring House Hunt picks: Homes for sale in Boston Marathon host towns appeared first on Boston.com Real Estate.
source http://realestate.boston.com/buying/2018/04/03/picks-homes-sale-along-boston-marathon-route/
Baker bill would require sellers to provide home energy scorecard
The state would be the first to require sellers to provide energy scorecards to home buyers.
The post Baker bill would require sellers to provide home energy scorecard appeared first on Boston.com Real Estate.
source http://feedproxy.google.com/~r/BostonRealEstateCondos/~3/piE1VUKXPi4/
Facing heat at home, GOP leaders may rescind some spending
source https://www.boston.com/news/politics/2018/04/03/facing-heat-at-home-gop-leaders-may-rescind-some-spending
Interest in Massachusetts pot licenses appears strong
source https://www.boston.com/news/local-news/2018/04/03/interest-in-massachusetts-pot-licenses-appears-strong
Anticipating Trump's next move, aides prep Iran deal pullout
source https://www.boston.com/news/politics/2018/04/03/anticipating-trumps-next-move-aides-prep-iran-deal-pullout
Jeweler sentenced for $3.6 million fraud scheme
source https://www.boston.com/news/local-news/2018/04/03/jeweler-sentenced-for-3-6-million-fraud-scheme
Williams picked as next president of New York Fed
source https://www.boston.com/news/politics/2018/04/03/williams-picked-as-next-president-of-new-york-fed
N.H. landscape designer admires her kale and eats it, too
Jenny Lee Hughes's signature remained her slightly renegade love of edibles at a time when they were generally segregated from ornamental plants.
The post N.H. landscape designer admires her kale and eats it, too appeared first on Boston.com Real Estate.
source http://realestate.boston.com/design-new-england/2018/04/03/nh-landscape-designer-mixes-edibles-ornamentals/
The Latest: Trump doesn't publicly repeat praise of Pruitt
source https://www.boston.com/news/politics/2018/04/03/the-latest-trump-doesnt-publicly-repeat-praise-of-pruitt
The counter argument for installing natural stone
For years, many architects and kitchen designers steered their clients away from natural stone countertops such as marble, limestone, and soapstone because of their porous, fragile nature, but people have eased up in their attitudes about having a perfect kitchen.
The post The counter argument for installing natural stone appeared first on Boston.com Real Estate.
source http://realestate.boston.com/style/2018/04/03/why-counters-should-be-natural-stone/
Spring House Hunt: Tips to make your home stand out with buyers
We asked Greater Boston agents for advice on how to improve a home's appeal inside and out.
The post Spring House Hunt: Tips to make your home stand out with buyers appeared first on Boston.com Real Estate.
source http://realestate.boston.com/news/2018/04/03/spring-house-hunt-tips-to-make-your-home-stand-out-with-buyers/
Cushman & Wakefield Brokers Final Two LINX Leases on Behalf of Boylston Properties
BOSTON – Aileron Therapeutics, a clinical-stage firm in the field of stapled peptide therapeutics for cancers and other diseases, will relocate from Cambridge to 18,609 square feet of space, while Kala Pharmaceuticals, Inc. (NASDAQ: KALA), a biopharmaceutical company focused on the development and commercialization of innovative treatments for ocular diseases, will relocate to 66,053 square feet of space within the LINX building at 490 Arsenal Way in Watertown, announced Cushman & Wakefield and the building owner, Boylston Properties.
“With the addition of Aileron Therapeutics, LINX is officially at 100% capacity, and it shows the appeal of the East End of Watertown is alive and well,” said Bill McQuillan, President of Boylston Properties.
“Aileron Therapeutics’ relocation from Cambridge further highlights how desirable the East End of Watertown has become to life sciences companies,” said Duncan Gratton, Executive Director at Cushman & Wakefield. “Watertown continues to be an attractive location for companies seeking a more affordable alternative to Kendall Square that’s still in close proximity to Cambridge and Boston.”
Gratton and Kate Lien, Senior Director at Cushman & Wakefield, represented Boylston Properties in the transaction.
Aileron Therapeutics was represented by Dave Townsend, Executive Managing Director at Newmark Knight Frank.Kala Pharmaceuticals was represented by Sam Crossan, Vice President and Rob Walles, Senior Vice President/Partner of CBRE.
Located at 490 Arsenal Way, LINX is a 185,000-square-foot creative office and lab building in the East End of Watertown, a neighborhood undergoing a tremendous renaissance. The two-story building opened in the summer of 2017 and includes numerous amenities highlighted by an acre of outdoor green and recreation space, a 33-foot high lobby area with a café, bike storage for 78 bicycles and a high-end shower and locker facility. LINX also offers abundant free parking and a private shuttle bus to Harvard Square and the MBTA Red Line.
source http://bostonrealestatetimes.com/cushman-wakefield-brokers-final-two-linx-leases-on-behalf-of-boylston-properties/
After a flat year, Greater Boston’s rents are starting to rise again
With the spring real estate market blooming, rents in Greater Boston are again accelerating, though it’s not yet clear if that’s a blip or a longer-term trend, the Globe’s Tim Logan reports. New figures from several real estate data firms show the price of an apartment in the region is on the upswing after staying […]
The post After a flat year, Greater Boston’s rents are starting to rise again appeared first on Boston.com Real Estate.
source http://realestate.boston.com/renting/2018/04/03/flat-year-greater-bostons-rents-starting-rise/
NKF Completes Lease at 101 Federal Street in Boston
Boston— Newmark Knight Frank (NKF) announced that the firm recently completed a 53,912-square-foot lease to Salsify, Inc. at 101 Federal Street in Boston on behalf of the owner, 75-101 Fed Owner, L.L.C (“Ownership”).
Salsify, Inc. is relocating to 101 Federal Street from 3 Center Plaza, where the firm currently leases 30,000 square feet.
Brokers involved in the transaction included NKF’s Executive Managing Director David Martel, Senior Managing Director Tim Bianchi and Managing Director Alison Cavanaugh.
Originally built in 1988, 101 Federal Street is a 561,542-square-foot, 31-story, Class A office tower offering stunning views of Boston Harbor and Back Bay. The building is part of 75-101 Federal Street (“75-101”), a premier, 826,338-square-foot office complex consisting of two buildings interconnected by a shared, lobby: 75 Federal Street and 101 Federal Street.
Located in Boston’s dynamic downtown district one block west of Congress Street, the complex is in close proximity to Post Office Square and South Station and is surrounded by retail and restaurants. 75-101 features modern on-site amenities such as a cycling studio, café, large floor plates, flexible workspace, a state-of-the-art, 10,000 square-foot, tenant-only fitness center, a newsstand/sundry shop and a 196-space below-grade valet parking garage.
The most recent 53,912-square-foot lease at 101 Federal Street was signed by Salsify, Inc., a Boston start-up which aims to make e-commerce sites easier to manage. Due to the company’s growth and need for additional space, Salsify, Inc. chose to relocate to 101 Federal Street from 3 Center Plaza, where it will nearly double its square footage. Martel, Bianchi and Cavanaugh represented Ownership in the lease negotiations and will continue to market the remaining availability. Charles Kavoogian of CBRE-NE represented Salsify, Inc.
“We are pleased to have represented Ownership in this significant lease transaction,” said Bianchi. “Salsify, Inc. is a dynamic and growing firm, which is the perfect fit for 101 Federal Street. The building’s premiere location and modern amenities make it ideal for companies like this- on the rise.”
source http://bostonrealestatetimes.com/nkf-completes-lease-at-101-federal-street-in-boston/
In Spring House Hunt’s Home of the Week, birdseye maple adds to sleek style
The home, priced at $2,799,000, has five bedrooms, six full baths, and two half baths. See inside more luxury properties at realestate.boston.com.
The post In Spring House Hunt’s Home of the Week, birdseye maple adds to sleek style appeared first on Boston.com Real Estate.
source http://realestate.boston.com/buying/2018/04/03/weston-contemporary-home-of-week/
2 top Dems demand public hearings on Trump Cabinet travel
source https://www.boston.com/news/politics/2018/04/03/2-top-dems-demand-public-hearings-on-trump-cabinet-travel
Boston Developers Summit Set for April 26 at the Newton Marriott
NEWTON, MA—Boston Real Estate Times, the area’s premier source of commercial real estate news and information, announced that it will host its Boston Developers Summit on April 26 at Newton Marriott Hotel in Newton, MA.
“Our attendees will get a snapshot of the Greater Boston real estate development market all in one place—from office, life sciences, multi-family, retail and industrial to manufacturing,” said Upendra Mishra, publisher of Boston Real Estate Times. “We will start announcing our panelists next week.”
In 2018 alone, Boston proper will see a delivery of almost one million square feet of brand new, occupied office space, and an appetite for more quality space remains unabated in Boston and key suburban markets.
To register for the Boston Developers Summit, please click here.
Here the schedule for the Boston Developers Summit:
Date: April 26, 2018
Venue: Newton Marriott Hotel, Newton, MA
7:00 am: Registration
7:00 am – 8:00 am: Continental Breakfast & Networking
8:00 am – 9:00 am: Panel discussion
9:00 am – 9:30 am: Networking.
source http://bostonrealestatetimes.com/boston-developers-summit-set-for-april-26-at-the-newton-marriott/
Trump offers support to embattled EPA head
source https://www.boston.com/news/politics/2018/04/03/trump-offers-support-to-embattled-epa-head
Vermont town seeks new owner for store that is ‘heart and soul’ of community
source https://www.boston.com/news/local-news/2018/04/03/vermont-town-seeks-new-store-owners
Boston Millennial’s will spend $100k in rent by age of 30
Rent drains Millennial generation If Millennials needed more reason to join the Boston condo market, RENTCafe has just offered it. According to a new study from the apartment listing site, the average Millennial will spend a shocking $93,000 in rent costs by the time they’re 30. Contact me to set up an appointment to start your Boston […]
The post Boston Millennial’s will spend $100k in rent by age of 30 appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/boston-millennials-will-spend-100k-in-rent-by-age-of-30/
source http://bostonreb.blogspot.com/2018/04/boston-millennials-will-spend-100k-in.html
Boston Millennial’s will spend $100k in rent by age of 30
Rent drains Millennial generation If Millennials needed more reason to join the Boston condo market, RENTCafe has just offered it. According to a new study from the apartment listing site, the average Millennial will spend a shocking $93,000 in rent costs by the time they’re 30. Contact me to set up an appointment to start your Boston […]
The post Boston Millennial’s will spend $100k in rent by age of 30 appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/boston-millennials-will-spend-100k-in-rent-by-age-of-30/
Report: Buildings With Better Internet Connectivity Have Higher Rental Rates
With the rapid adoption of cloud storage, SaaS products, and hot desking, it’s become more apparent that quality internet connectivity is key to enabling the modern office worker, according to new report by CoStar Portfolio Strategy.
“Because of this, the modern tenant has a far more complex list of requirements when seeking out office space than ever before,” CoStar said.
The CoStar report has found there are multiple factors beyond location that now determine an office building’s rental value. Internet connectivity is one.
- Buildings with Wired Certification receive higher rent than peer buildings – up to $7.50/ SF in extra rent compared to non-Wired Certified properties.
- As a means of competing for top talent, technology, advertising,
media, and information (TAMI) tenants are more highly concentrated in buildings with Wired Certification.
- Owners should think about improving internet connectivity as a way of raising rental revenue, particularly in Class B buildings.
“Owners should think about improving internet connectivity as a way of raising rental revenue, particularly in Class B buildings. In the study, we found that Wired Certified Class B properties (awarded 3 out of a possible 5 Stars on CoStar’s Building Rating System) generated up to $7.50/ SF in extra rent compared to non-Wired Certified properties, controlling for closeness to subway and building rating,” the report said.
source http://bostonrealestatetimes.com/report-buildings-with-better-internet-connectivity-have-higher-rental-rates/
Monday, 2 April 2018
Bar Harbor loses airliner service months before summer
source https://www.boston.com/news/travel/2018/04/02/bar-harbor-loses-airliner-service-months-before-summer
Springfield casino company announces slew of job listings
source https://www.boston.com/news/local-news/2018/04/02/springfield-casino-company-announces-slew-of-job-listings
Florida lawmaker who helped craft new tax law stands to gain
source https://www.boston.com/news/cars/2018/04/02/florida-lawmaker-who-helped-craft-new-tax-law-stands-to-gain
US vs. China: a 'slap-fight,' not a trade war. So far
source https://www.boston.com/news/politics/2018/04/02/us-vs-china-a-slap-fight-not-a-trade-war-so-far
EPA says Pruitt's condo lease didn't violate ethics rules
source https://www.boston.com/news/politics/2018/04/02/epa-says-pruitts-condo-lease-didnt-violate-ethics-rules
The Latest: Shulkin voices support for potential successor
source https://www.boston.com/news/politics/2018/04/02/the-latest-shulkin-voices-support-for-potential-successor
The Latest: Trump officials draft hardline immigration bills
source https://www.boston.com/news/politics/2018/04/02/the-latest-trump-demanding-nuclear-option-for-border-bill
Trump pushes Republicans to use 'nuclear option' on border
source https://www.boston.com/news/politics/2018/04/02/trump-calls-for-border-legislation-using-nuclear-option
Shulkin says he has 'comfort' with potential successor at VA
source https://www.boston.com/news/politics/2018/04/02/white-house-goes-on-attack-over-shulkins-claim-he-was-fired
AP FACT CHECK: Trump assails Mexico, Amazon, twisting facts
source https://www.boston.com/news/politics/2018/04/02/ap-fact-check-trump-extols-work-on-wall-that-isnt-underway
Springfield casino company announces slew of job listings
source https://www.boston.com/news/local-news/2018/04/02/springfield-casino-company-announces-slew-of-job-listings
Florida lawmaker who helped craft new tax law stands to gain
source https://www.boston.com/news/politics/2018/04/02/florida-lawmaker-who-helped-craft-new-tax-law-stands-to-gain
US vs. China: a 'slap-fight,' not a trade war. So far
source https://www.boston.com/news/politics/2018/04/02/us-vs-china-a-slap-fight-not-a-trade-war-so-far
Real Estate Innovation Lab Releases Research on Accelerator Programs
CAMBRIDGE, MA–New research from Dr. Bokhari, Dr. Chegut, Professor Frenchman and Dr. Tausendschoen asks can we actually help startup firms grow with real estate?
In a new study from the MIT Center for Real Estate’s Real Estate Innovation Lab, the team studied whether accelerator programs and their unique combinations of physical space, mentorship, capital injections and market timing has an impact on the cumulative funding of startup firms.
It turns out, these interventions when thought out carefully can lead to up to 7 percent, on average, more funding over the lifetime of the firm.
“The development of the study helped us learn about the role of real estate and the impact of space on firms,” said Dr. Chegut, but she also pointed out how much real estate can provide for firms to get to the next level.
The results show that accelerator programs really help firms when they; get physical and give firms a space to work; remember that programming matters, like keeping class sizes smaller, giving the firms as long a program as possible, keeping the equity stake reasonable, giving as much cash as possible, celebrating the firm with a demo day; and work with firms to get as much pre-funding as possible.
Professor Frenchman added that “What was striking was that standard across all these programs was mentorship, but accelerator programs have on average more experienced investors behind them and this is so important because its about people helping people.”
Combined these thoughtful differences in workspace and program help firms to develop new products, processes and technologies and most importantly to GROW.
source http://bostonrealestatetimes.com/real-estate-innovation-lab-releases-research-on-accelerator-programs/
CBRE New England Brokers Three Leases, Totaling 75,695 SF in Chelmsford
Boston – On behalf of Tritower Financial Group, CBRE/New England announced that three leases totaling 75,659 SF of office space and one renewal totaling 59,670 SF have been executed at 300 Apollo Drive in Chelmsford, MA over the past three months.
Combined with significant upgrades made at the building by Tritower Financial Group, this leasing activity further advances the comprehensive repositioning of the property as a premier office building northwest of Boston.
At 300 Apollo Drive, Tritower Financial Group signed three office leases including HCL Corporation, one of the top leading technology and IT enterprises in the world, for 29,033 SF; By Appointment Only, a sales meeting generation technology company, for 23,833 SF; and US Alliance Federal Credit Union, a full-service credit union that offers a wide range of banking services, for 22,793 SF. Axis Communications, a leader in network cameras and another IP networking solutions, renewed 59,670 SF.
CBRE/NE’s John Wilson is the exclusive leasing agent for the building. Rob Walles from CBRE/NE represented HCL Corporation. Matt Daniels from JLL represented By Appointment Only. Chris Decembrele from JLL represented US Alliance Federal Credit Union. John Wilson was the sole broker for Axis Communications.
Tritower Financial Group, a Boston-based real estate investment and management firm, purchased 300 Apollo Drive in 2014. As evidenced by the tenants who signed new leases at the property, 300 Apollo Drive is emerging as a nexus for highly innovative companies across core industries.
“By investing in social programming as well as creating a market-leading amenity base, 300 Apollo stands out in the market as being 100% unique,” stated Todd Twombly, Director of Asset Management at Tritower Financial Group. “It’s our goal to create a community that our tenants leverage to attract and retain the finest employees in the tech industry. Our current leasing success, at market-leading rents, further validates that we are on the right path for tenants needing 3,000-30,000 SF.”
Tritower Financial Group has invested heavily into amenities, which has been the key differentiator for attracting tenants in a suburban location. Besides being a Class A building, the building offers a full-service café with a variety of food service offerings, a game room with several free video and sporting games, and a conference center free of charge for tenants. In addition, the property offers numerous fitness opportunities including weekly free workout classes and a full-service fitness room with Peloton bikes and showers.
The grounds have a newly renovated outdoor seating area with a gas fire pit, two basketball courts and free Zagster bikes. In addition, the on-site property management team hosts monthly happy hours for tenants. The Wired Certified Gold property also includes a farm share delivery service and an expansive parking ratio with multiple entry points into the building.
300 Apollo Drive is located directly off Route 3 at the Route 129 interchange (Exit 29) with proximity to Interstate 495 and Route 128. The building is located within proximity to numerous restaurants, hotels, fitness centers and coffee shops. This location offers easy commuting access to a highly skilled labor force stretching from New Hampshire to Boston and from Boston’s North Shore to its western suburbs.
source http://bostonrealestatetimes.com/cbre-new-england-brokers-three-leases-totaling-75695-sf-in-chelmsford/
Spring House Hunt: $13.75 million North Shore estate is Luxury Home of Week
The 8,301-square-foot property has five bedrooms, seven full baths, and two half baths.
The post Spring House Hunt: $13.75 million North Shore estate is Luxury Home of Week appeared first on Boston.com Real Estate.
source http://realestate.boston.com/buying/2018/04/02/luxury-home-week-manchester-estate/
EPA says Pruitt's condo lease didn't violate ethics rules
source https://www.boston.com/news/politics/2018/04/02/epa-says-pruitts-condo-lease-didnt-violate-ethics-rules
The Latest: Shulkin voices support for potential successor
source https://www.boston.com/news/politics/2018/04/02/the-latest-shulkin-voices-support-for-potential-successor
The Latest: Trump praises economy, blames Dems on DACA
source https://www.boston.com/news/politics/2018/04/02/the-latest-trump-demanding-nuclear-option-for-border-bill
Trump calls for border legislation using 'nuclear option'
source https://www.boston.com/news/politics/2018/04/02/trump-calls-for-border-legislation-using-nuclear-option
Shulkin says he has 'comfort' with potential successor at VA
source https://www.boston.com/news/politics/2018/04/02/white-house-goes-on-attack-over-shulkins-claim-he-was-fired
AP FACT CHECK: Trump extols work on wall that isn't underway
source https://www.boston.com/news/politics/2018/04/02/ap-fact-check-trump-extols-work-on-wall-that-isnt-underway
Steven Bochco, creator of 'Hill Street Blues,' dies at 74
source https://www.boston.com/culture/entertainment/2018/04/01/steven-bochco-creator-hill-street-blues-dies
Data breach hits Saks Fifth Avenue, Lord & Taylor stores
source https://www.boston.com/news/national-news/2018/04/01/data-breach-hits-saks-fifth-avenue-lord-taylor-stores
Defunct Chinese space lab set to re-enter Earth's atmosphere
source https://www.boston.com/news/national-news/2018/04/01/defunct-chinese-space-lab-set-to-re-enter-earths-atmosphere
State cannabis regulators to begin accepting commercial bids
source https://www.boston.com/news/politics/2018/04/01/state-cannabis-regulators-to-begin-accepting-commercial-bids
KeyPoint Partners To Manage The Point in Littleton
BURLINGTON, MA – KeyPoint Partners has been awarded the Property Management contract for The Point in Littleton, MA. Sam Park & Co. awarded the contract.
Located at the intersection of I-495 (Exit 31) and Route 119 in Littleton, The Point is a 540,000 square foot mixed-use retail destination that combines shops, restaurants, grocery, hotel, medical providers, office, and entertainment. The Point is anchored by O’Neil Cinemas, Market Basket, and Courtyard by Marriott.
Restaurants and eateries at The Point include Tavern in the Square, Taka, Great Road Kitchen, Masala Bay, Menchie’s Frozen Yogurt, Moe’s Southwest Grill, and Starbucks. The property includes a running trail, rock climbing wall, outdoor market, fire pits, and an old-time carousel.
“We’re happy to further our relationship with Sam Park & Co.,” said William Lawler, Partner and Director of Property management for the firm.
source http://bostonrealestatetimes.com/keypoint-partners-to-manage-the-point-in-littleton/
With 6.9 Percent Vacancy, Boston’s Hot Office Market Continues Strong, to See Brand New One Million Square Feet of Occupied Space Delivery in 2018
BOSTON—Boston’s hot office market continues strong and will see about one million square feet of brand new occupied office space in 2018. The vacancy in the Boston office market at the end of the first quarter this year stood at 6.8 percent, down from 7.9 percent at the first quarter of 2017, according to a report from Boston brokerage firm Cushman & Wakefield.
The overall office vacancy rate in Greater Boston at the first of first quarter this year was 9.9%, down from 10.1% a year ago, according to the report. Of all the sub-markets, Cambridge was the tightest, at 2.1% vacancy at the end of the first quarter this year, down from 2.6% a year ago.
“Cambridge is the hottest market,” said Cushman & Wakefield Research Director Ashley Lane. “In 2018, the office market of Boston proper will see a brand new occupied space of one million square feet.”
Here are the other highlights from Cushman & Wakefield’s report for the first quarter 2018:
- The region posted its strongest first quarter since 2006.
- The average age of a downtown class A building is 35 years old.
- In Boston, a string of large deals continued a trend started 18 months ago. WeWork took 100,000 SF formerly occupied by Digitas at 33 Arch Street; DraftKings took 100,000 SF at 500 Boylston Street and e-commerce software developer, Salsify, committed to 55,000 SF at 101 Federal Street. Cengage leased 117,000 SF at the under-construction Pier 4 in the Seaport while Rapid7 took 147,000 SF at Boston Properties’ new development, The Hub, at North Station.
- The Cambridge story of high rents and limited availability has been the same for over a decade – and the first quarter of 2018 was no exception. Office vacancy now stands at 2.1%, while there is only 86,000 SF of vacant lab space in a 10.0 MSF market – a rate of just 0.9%
- In the suburbs, life science deals are still grabbing headlines. Homology Medicines took 67,000 SF at 1 Patriots Park in Bedford; Kala Pharmaceuticals leased 66,000 SF at Linx in Watertown; Concert Pharmaceuticals took 55,000 SF in Lexington; and Visterra will relocate from One Kendall Square in Cambridge to 275 Second Avenue in Waltham.
- At 379,145 SF YTD, Boston experienced its strongest first quarter in 12 years.
- In the lab sector in Cambridge, overall vacancy stands at a mere 0.9%, while overall absorption for the office and lab sectors totaled just over 200,000 SF in the first quarter.
- 2017 was an exceptional year for life science leasing activity in the suburbs – and the streak continued thorough the first quarter of 2018. As conditions in Cambridge grow increasingly prohibitive, many life science firms are seeking rent relief in the inner suburbs and along 128 Central.
source http://bostonrealestatetimes.com/with-6-9-percent-vacancy-bostons-hot-office-market-continues-strong-to-see-brand-new-one-million-square-feet-of-occupied-space-delivery-in-2018/
Not owning a Boston condo can cost you money
Owning a Boston condo has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Realtor.com recently reported that: “Buying remains the more attractive option in the long term – that […]
The post Not owning a Boston condo can cost you money appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/not-owning-a-boston-condo-can-cost-you-money/
source http://bostonreb.blogspot.com/2018/04/not-owning-boston-condo-can-cost-you.html
25% of renters can afford to buy a condos
Here’s an interesting new statistic; 1 out or every 4 U.S. renters can afford to buy in their local market. In Boston-Cambridge-Newton market the ownership rate is 61.3% of those still renting an apartment 23.5% can afford to buy. The video below is two part, the first half illustrates how the subprime mortgages are coming […]
The post 25% of renters can afford to buy a condos appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/25-of-renters-can-afford-to-buy-a-condos/
source http://bostonreb.blogspot.com/2018/04/25-of-renters-can-afford-to-buy-condos.html
Not owning a Boston condo can cost you money
Owning a Boston condo has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Realtor.com recently reported that: “Buying remains the more attractive option in the long term – that […]
The post Not owning a Boston condo can cost you money appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/not-owning-a-boston-condo-can-cost-you-money/
25% of renters can afford to buy a condos
Here’s an interesting new statistic; 1 out or every 4 U.S. renters can afford to buy in their local market. In Boston-Cambridge-Newton market the ownership rate is 61.3% of those still renting an apartment 23.5% can afford to buy. The video below is two part, the first half illustrates how the subprime mortgages are coming […]
The post 25% of renters can afford to buy a condos appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/25-of-renters-can-afford-to-buy-a-condos/
The Latest: Shulkin voices support for potential successor
source https://www.boston.com/news/politics/2018/04/02/the-latest-shulkin-voices-support-for-potential-successor
The Latest: Trump demanding 'nuclear option' for border bill
source https://www.boston.com/news/politics/2018/04/02/the-latest-trump-demanding-nuclear-option-for-border-bill
Trump calls for border legislation using 'nuclear option'
source https://www.boston.com/news/politics/2018/04/02/trump-calls-for-border-legislation-using-nuclear-option
Spring House Hunt: Love a home with a view? How much more you could pay
Certain views can double the price. Others will get sellers only 5 percent to 10 percent more for their investment. Get more real estate news at realestate.boston.com.
The post Spring House Hunt: Love a home with a view? How much more you could pay appeared first on Boston.com Real Estate.
source http://feedproxy.google.com/~r/BostonRealEstateCondos/~3/om8UD99vbGs/
Spring House Hunt: 5 steps to take before you look
Buying a house can be scary. It’s a lengthy process that involves several professionals, analyzing your financial situation, and even a little compromise. The property you buy isn’t so much a set of four walls and a roof as it is a place you’ll call your home for the next several years, if not for […]
The post Spring House Hunt: 5 steps to take before you look appeared first on Boston.com Real Estate.
source http://realestate.boston.com/news/2018/04/02/5-steps-take-house-hunting/
Sunday, 1 April 2018
Steven Bochco, creator of 'Hill Street Blues,' dies at 74
source https://www.boston.com/culture/entertainment/2018/04/01/steven-bochco-creator-hill-street-blues-dies
Data breach hits Saks Fifth Avenue, Lord & Taylor stores
source https://www.boston.com/news/national-news/2018/04/01/data-breach-hits-saks-fifth-avenue-lord-taylor-stores
Defunct Chinese space lab set to re-enter Earth's atmosphere
source https://www.boston.com/news/national-news/2018/04/01/defunct-chinese-space-lab-set-to-re-enter-earths-atmosphere
State cannabis regulators to begin accepting commercial bids
source https://www.boston.com/news/politics/2018/04/01/state-cannabis-regulators-to-begin-accepting-commercial-bids
Boston condos with drone balcony landings
Make no mistake: Drones are coming, and they’re going to change a lot of things about how we shape our lives. So why shouldn’t we change how we shape our Boston luxury condo buildings to get ready for them? Early adopters will probably buy personal flying vehicles in the not too distant future. Some models are being developed as […]
The post Boston condos with drone balcony landings appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/boston-condos-with-drone-balcony-landings/
source http://bostonreb.blogspot.com/2018/04/boston-condos-with-drone-balcony.html
Robotic furniture transforms Boston studio condos
Contact me to set up an appointment to start your Boston condo buying process. Back to homepage Boston condos Boston condos for sale SEARCH BOSTON CONDOS FOR SALE AND RENT Boston Back Bay condos for sale and rent Beacon Hill Boston condos for sale and rent Charlestown Boston condos for sale and rent Charlestown Navy Yard sale […]
The post Robotic furniture transforms Boston studio condos appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/robotic-furniture-transforms-boston-studio-condos/
source http://feedproxy.google.com/~r/BostonRealEstateCondos/~3/Q_morJ_pEOE/robotic-furniture-transforms-boston.html
Boston condos with drone balcony landings
Make no mistake: Drones are coming, and they’re going to change a lot of things about how we shape our lives. So why shouldn’t we change how we shape our Boston luxury condo buildings to get ready for them? Early adopters will probably buy personal flying vehicles in the not too distant future. Some models are being developed as […]
The post Boston condos with drone balcony landings appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/boston-condos-with-drone-balcony-landings/
Sen. Warren says administration 'chaos' harming Asia policy
source https://www.boston.com/news/politics/2018/04/01/sen-warren-says-administration-chaos-harming-asia-policy
Robotic furniture transforms Boston studio condos
Contact me to set up an appointment to start your Boston condo buying process. Back to homepage Boston condos Boston condos for sale SEARCH BOSTON CONDOS FOR SALE AND RENT Boston Back Bay condos for sale and rent Beacon Hill Boston condos for sale and rent Charlestown Boston condos for sale and rent Charlestown Navy Yard sale […]
The post Robotic furniture transforms Boston studio condos appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/robotic-furniture-transforms-boston-studio-condos/
Saturday, 31 March 2018
The future of the housing market as explained in Genesis 41
Here’s the best theory yet about where the housing market has been and where it’s going: It has to do with the Pharaoh’s troubling dream, as interpreted by Joseph, in the Bible’s Genesis 41. Look it up and weep, all you secular economists and industry experts. File under: We should have known Contact me to set […]
The post The future of the housing market as explained in Genesis 41 appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/the-future-of-the-housing-market-as-explained-in-genesis-41/
A few ideas for Boston condo buyers
Let’s face it, everyone wants to save money, just about every penny you can save matters. That’s why some Boston condo owners attempt to sell their condominium on their own, which is not surprising. Nevertheless, in accordance with the latest survey performed by Realtor.com, the vast majority of homeowners said that working with a truly […]
The post A few ideas for Boston condo buyers appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/a-few-ideas-for-boston-condo-buyers/
How do you feel about allowing Amazon inside your condo to make a delivery
How comfortable do you feel about giving delivery services access to your Boston condo? A recent survey found a majority of American’s felt uncomfortable about it, regardless of the age group. Amazon Key and Cloud Cam, unveiled this week, is a smart home device and service bundle that lets Amazon unlock your front door so it can deliver […]
The post How do you feel about allowing Amazon inside your condo to make a delivery appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/how-do-you-feel-about-allowing-amazon-inside-your-condo-to-make-a-delivery/
Boston luxury condo market 2018
(Realtor.com Illustration) With a shortage of available Boston condo for sale and bidding wars driving up the price on whatever does hit the market, Boston is part of an exclusive list of cities boasting a large increase in its share of million-dollar listings. According to new data from Realtor.com, the share of homes listed for $1 […]
The post Boston luxury condo market 2018 appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/boston-luxury-condo-market-2018/
Boston condo buyers: How to win in a competitive market
One thing is for certain if you expect to write a competitive offer in the Boston condo market: Obtain a preapproval for a loan before you start hitting the Sunday Open House Boston condo market Prospective Boston condo buyers would traditionally chat with a lender rep, get an idea as to what they could afford […]
The post Boston condo buyers: How to win in a competitive market appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/boston-condo-buyers-how-to-win-in-q-competitive-market/
Boston condo interest rates
Boston condo interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even more by the end of the year. The […]
The post Boston condo interest rates appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/boston-condo-interest-rates/
Trump’s former home with Ivana listed for $45 million
Coldwell Banker says the Trumps purchased the home in the early 1980s for $4 million.
The post Trump’s former home with Ivana listed for $45 million appeared first on Boston.com Real Estate.
source http://realestate.boston.com/news/2018/03/31/trumps-former-home-ivana-listed-45-million/
Mass. Senate to debate bill that would regulate platforms like Airbnb
source https://www.boston.com/news/politics/2018/03/31/mass-senate-to-debate-bill-that-would-regulate-rental-platforms-like-airbnb
Massachusetts lawmakers consider state net neutrality rules
source https://www.boston.com/news/policy/2018/03/31/massachusetts-lawmakers-consider-state-net-neutrality-rules
The future of the housing market as explained in Genesis 41
Here’s the best theory yet about where the housing market has been and where it’s going: It has to do with the Pharaoh’s troubling dream, as interpreted by Joseph, in the Bible’s Genesis 41. Look it up and weep, all you secular economists and industry experts. File under: We should have known Contact me to set […]
The post The future of the housing market as explained in Genesis 41 appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/the-future-of-the-housing-market-as-explained-in-genesis-41/
source http://feedproxy.google.com/~r/BostonRealEstateCondos/~3/Fspx5q3L4ig/the-future-of-housing-market-as.html
Trump goes after Amazon _ again _ over postal delivery
source https://www.boston.com/news/politics/2018/03/31/trump-goes-after-amazon-_-again-_-over-postal-delivery
This is how you're tracked online – and what you can do about it
source https://www.boston.com/news/national-news/2018/03/31/this-is-how-youre-tracked-online-and-what-you-can-do-about-it
The future of the housing market as explained in Genesis 41
Here’s the best theory yet about where the housing market has been and where it’s going: It has to do with the Pharaoh’s troubling dream, as interpreted by Joseph, in the Bible’s Genesis 41. Look it up and weep, all you secular economists and industry experts. File under: We should have known Contact me to set […]
The post The future of the housing market as explained in Genesis 41 appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/the-future-of-the-housing-market-as-explained-in-genesis-41/
A few ideas for Boston condo buyers
Let’s face it, everyone wants to save money, just about every penny you can save matters. That’s why some Boston condo owners attempt to sell their condominium on their own, which is not surprising. Nevertheless, in accordance with the latest survey performed by Realtor.com, the vast majority of homeowners said that working with a truly […]
The post A few ideas for Boston condo buyers appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/a-few-ideas-for-boston-condo-buyers/
source http://feedproxy.google.com/~r/BostonRealEstateCondos/~3/zya17Tp9-Uw/a-few-ideas-for-boston-condo-buyers.html
AP analysis: Blacks largely left out among high-paying jobs
source https://www.boston.com/news/national-news/2018/03/31/ap-analysis-blacks-largely-left-out-among-high-paying-jobs
How do you feel about allowing Amazon inside your condo to make a delivery
How comfortable do you feel about giving delivery services access to your Boston condo? A recent survey found a majority of American’s felt uncomfortable about it, regardless of the age group. Amazon Key and Cloud Cam, unveiled this week, is a smart home device and service bundle that lets Amazon unlock your front door so it can deliver […]
The post How do you feel about allowing Amazon inside your condo to make a delivery appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/how-do-you-feel-about-allowing-amazon-inside-your-condo-to-make-a-delivery/
source http://feedproxy.google.com/~r/BostonRealEstateCondos/~3/HYoorzHEKdE/how-do-you-feel-about-allowing-amazon.html
A few ideas for Boston condo buyers
Let’s face it, everyone wants to save money, just about every penny you can save matters. That’s why some Boston condo owners attempt to sell their condominium on their own, which is not surprising. Nevertheless, in accordance with the latest survey performed by Realtor.com, the vast majority of homeowners said that working with a truly […]
The post A few ideas for Boston condo buyers appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/a-few-ideas-for-boston-condo-buyers/
How do you feel about allowing Amazon inside your condo to make a delivery
How comfortable do you feel about giving delivery services access to your Boston condo? A recent survey found a majority of American’s felt uncomfortable about it, regardless of the age group. Amazon Key and Cloud Cam, unveiled this week, is a smart home device and service bundle that lets Amazon unlock your front door so it can deliver […]
The post How do you feel about allowing Amazon inside your condo to make a delivery appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/how-do-you-feel-about-allowing-amazon-inside-your-condo-to-make-a-delivery/
AP FACT CHECK: Trump hails border wall start, an illusion
source https://www.boston.com/news/politics/2018/03/31/ap-fact-check-trump-hails-border-wall-start-an-illusion
Drug companies want Supreme Court to take eye drop dispute
source https://www.boston.com/news/politics/2018/03/31/drug-companies-want-supreme-court-to-take-eye-drop-dispute
Massachusetts AG: Ban competitive electricity suppliers
source https://www.boston.com/news/politics/2018/03/31/massachusetts-ag-ban-competitive-electricity-suppliers
5 things that make your car costs so high
source https://www.boston.com/cars/car-guides/2018/03/30/what-makes-your-car-costs-so-high-here-are-5-reasons
Edmunds: Why luxury automakers are embracing hybrids
source https://www.boston.com/cars/car-guides/2018/03/30/edmunds-why-luxury-automakers-are-embracing-hybrids
SUVs steal the New York International Auto Show
source https://www.boston.com/cars/car-news/2018/03/30/suvs-steal-the-new-york-international-auto-show
Elver prices soar to new heights in Maine amid shortage, Asian demand
source https://www.boston.com/news/business/2018/03/30/elver-prices-soar-to-new-heights-amid-shortage-asian-demand
New bridge between Maine, New Hampshire opens to traffic
source https://www.boston.com/news/local-news/2018/03/30/new-bridge-between-maine-new-hampshire-opens-to-traffic
Congresswoman from Connecticut apologizes for not protecting female staffers
source https://www.boston.com/news/politics/2018/03/30/congresswoman-from-connecticut-apologizes-for-not-protecting-female-staffers
Qatar, UAE spend heavily on lobbyists amid a war of words
source https://www.boston.com/news/politics/2018/03/30/qatar-uae-spend-heavily-on-lobbyists-amid-a-war-of-words
Friday, 30 March 2018
Elver prices soar to new heights in Maine amid shortage, Asian demand
source https://www.boston.com/news/business/2018/03/30/elver-prices-soar-to-new-heights-amid-shortage-asian-demand
New bridge between Maine, New Hampshire opens to traffic
source https://www.boston.com/news/local-news/2018/03/30/new-bridge-between-maine-new-hampshire-opens-to-traffic
Congresswoman from Connecticut apologizes for not protecting female staffers
source https://www.boston.com/news/politics/2018/03/30/congresswoman-from-connecticut-apologizes-for-not-protecting-female-staffers
Qatar, UAE spend heavily on lobbyists amid a war of words
source https://www.boston.com/news/politics/2018/03/30/qatar-uae-spend-heavily-on-lobbyists-amid-a-war-of-words
Boston luxury condo market 2018
(Realtor.com Illustration) With a shortage of available Boston condo for sale and bidding wars driving up the price on whatever does hit the market, Boston is part of an exclusive list of cities boasting a large increase in its share of million-dollar listings. According to new data from Realtor.com, the share of homes listed for $1 […]
The post Boston luxury condo market 2018 appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/boston-luxury-condo-market-2018/
source http://bostonreb.blogspot.com/2018/03/boston-luxury-condo-market-2018.html
Boston luxury condo market 2018
(Realtor.com Illustration) With a shortage of available Boston condo for sale and bidding wars driving up the price on whatever does hit the market, Boston is part of an exclusive list of cities boasting a large increase in its share of million-dollar listings. According to new data from Realtor.com, the share of homes listed for $1 […]
The post Boston luxury condo market 2018 appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/boston-luxury-condo-market-2018/
Boston condo buyers: How to win in a competivie market
One thing is for certain if you expect to write a competitive offer in the Boston condo market: Obtain a preapproval for a loan before you start hitting the Sunday Open House Boston condo market Prospective Boston condo buyers would traditionally chat with a lender rep, get an idea as to what they could afford […]
The post Boston condo buyers: How to win in a competivie market appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/boston-condo-buyers-how-to-win-in-a-competivie-market/
source http://bostonreb.blogspot.com/2018/03/boston-condo-buyers-how-to-win-in.html
Boston condo interest rates
Boston condo interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even more by the end of the year. The […]
The post Boston condo interest rates appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/boston-condo-interest-rates/
source http://bostonreb.blogspot.com/2018/03/boston-condo-interest-rates.html
Boston condo buyers: How to win in a competivie market
One thing is for certain if you expect to write a competitive offer in the Boston condo market: Obtain a preapproval for a loan before you start hitting the Sunday Open House Boston condo market Prospective Boston condo buyers would traditionally chat with a lender rep, get an idea as to what they could afford […]
The post Boston condo buyers: How to win in a competivie market appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/boston-condo-buyers-how-to-win-in-a-competivie-market/
Boston condo interest rates
Boston condo interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even more by the end of the year. The […]
The post Boston condo interest rates appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/boston-condo-interest-rates/
Should Amazon fund Boston’s affordable housing?
If Amazon moves its HQ2 to Boston, should the retail giant fund affordable housing? That’s the question that is being raises in Seattle. So why not Boston? Boston is giving them an enormous city tax break, so how about some social consciousness and help out the needy. We know you can afford it. The chants […]
The post Should Amazon fund Boston’s affordable housing? appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/should-amazon-fund-bostons-affordable-housing/
Buying a Boston condo together for the first time, you may want to read this.
For you newly weds, or for those couples who are thinking about buying a Boston condo for the first time together, I think yo’ll find this interesting. Let me tell you, buying a Boston condo as an individual is much different from purchasing a condominium with your spouse or fiance. That probably holds true for […]
The post Buying a Boston condo together for the first time, you may want to read this. appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/buying-a-boston-condo-together-for-the-first-time-you-may-want-to-read-this/
Boston condo prices will increase in 2018
Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in 2018. However, the clear majority of recently surveyed housing experts believe that home values will continue to rise this year. What is the Home Price Expectation Survey? Each quarter, Pulsenomics surveys a nationwide panel […]
The post Boston condo prices will increase in 2018 appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/boston-condo-prices-will-increase-in-2018/
Boston condo demand outpacing supply
Boston condo prices continue to post solid gains. The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the […]
The post Boston condo demand outpacing supply appeared first on BostonREB Ford Realty.
source https://www.bostonreb.com/boston-condo-demand-outpacing-supply/
Thursday, 29 March 2018
Massachusetts Senate releases bill to tax short-term rentals
source https://www.boston.com/news/local-news/2018/03/29/massachusetts-senate-releases-bill-to-tax-short-term-rentals
See inside week’s biggest sale, a $4.55 million Wellesley home
Big home sales in the Boston area this week included a stone-and-shingle Colonial in Wellesley, a penthouse in Back Bay, a Georgian Colonial in Wellesley, and a brick contemporary Colonial in Newton. All slightly different in style, these multimillion dollar homes are fun to check out: 44 Valley Road, Wellesley This 8,150-square-foot stone-and-shingle Colonial has […]
The post See inside week’s biggest sale, a $4.55 million Wellesley home appeared first on Boston.com Real Estate.
source http://realestate.boston.com/buying/2018/03/29/stone-shingle-wellesley-colonial-weeks-biggest-sale/
MassEcon, Gov. Baker Welcome 17 New Companies to Massachusetts
CAMBRIDGE, MA– MassEcon and Gov. Charlie Baker on Tuesday welcomed 17 companies new to Massachusetts at its Tenth Annual Corporate Welcome Reception at Sanofi Genzyme’s headquarters in Cambridge, including two new companies’ global headquarters, two United States headquarters, and one headquarters for North America.
The 10th annual Corporate Welcome event took place as MassEcon celebrates its 25th year of working with public partners to promote Massachusetts as an outstanding place to locate, start or expand a business.
The Tuesday evening event brought together more than 125 private sector leaders and senior state officials, including Governor Baker, to welcome companies that have recently established their first locations in the state.
Governor Baker asserted that, “it’s the people,” that makes Massachusetts a magnet for companies’ growth. “As somebody who grew up in Massachusetts,” Baker said, “I am always amazed by the variety of interests, the depth of people’s community commitments, and the enthusiasm and passion they bring to whatever particular objective they are pursuing.”
The companies recognized yesterday, where they originated, and where they located in Massachusetts since Jan. 1, 2017, are:
- Alexion, Connecticut→ Boston
- Asics Creation Studios, California → Boston
- Avianca Airlines, Colombia → Boston
- CELLINK, Sweden → Cambridge
- CILcare, France → Cambridge & Lexington
- Fresenius Kabi Compounding, Germany → Canton
- Histo-Scientific Research Laboratories, Virginia → Worcester
- iboss, California → Boston
- IndusPAD, California → Lawrence/Methuen
- Level, Spain → Boston
- LexaGene, Canada → Beverly
- The Muck Boot Company, Rhode Island → Westwood
- Mustang Bio, New York → Waltham & Worcester
- PainQX, New York → Boston
- Smartsheet, Washington → Boston
- StemTek Therapeutics, Spain → Cambridge
- Tufin, Israel → Boston
Noting the 25th anniversary of MassEcon in 2018, MassEcon Executive Director Susan Houston said, “Over the past 10 years, we’ve welcomed nearly 150 new companies to Massachusetts, and the 17 we are recognizing today are terrific additions to the Commonwealth’s economic landscape. We look forward to supporting their growth.”
Houston highlighted both Sanofi Genzyme, which was founded in 1981 in Massachusetts and now with 5,000 employees is the largest biopharma company in the Commonwealth, and Kronos, which was founded in 1977 by an alumnus of the Massachusetts Institute of Technology and is a technology leader in cloud-based human relations solutions, with 1,500 employees at its Lowell headquarters and 5,300 employees worldwide.
Bill Sibold, Executive Vice President and Head of Sanofi Genzyme, which has hosted the MassEcon Corporate Welcome for seven years, delivered welcoming remarks. “We believe Massachusetts is the best place to start, grow, and develop a company,” he said.
Stephen Flavin, Chairman of MassEcon and Vice President for Academic and Corporate Engagement at Worcester Polytechnic Institute, introduced Baker, noting that Massachusetts was the first location in the United States for four of the companies being welcomed. Collectively, the 17 companies absorbed 153,000 square feet of commercial space across the state.
In 2009, the first year of the Corporate Welcome, MassEcon honored six new companies to the state. Baker, whom Houston referred to as “the chief ambassador,” has joined MassEcon in recognizing the new companies each year while in office.
“Massachusetts continues to succeed in attracting new jobs, development and investment from around the world and we are excited for the role these new companies will play in our economy and communities in the years to come,” said Baker. “There’s no better state in which to write the next chapter in whatever your story is going to be.”
source http://bostonrealestatetimes.com/massecon-gov-baker-welcome-17-new-companies-to-massachusetts/