The following represents articles of interest to the Boston real estate community that appeared in various publications during the week.
Certain news links may require site registration or subscription to access the complete article.
Can state's financial firms dodge the bullet?
The Boston Globe — July 23, 2008
Massachusetts' financial services industry has so far not been hurt by the troubles afflicting the stock and credit markets, but Wall Street's problems will eventually hurt profits here and force job cuts, analysts said.
Campus Living, and Even a Theater
The Wall Street Journal — July 23, 2008
The first tenants won't move into Vista del Sol in Tempe, Ariz., until next month, but its nearly 2,000 beds have been preleased for months.
Report: Office Fundamentals Weaken in Second Quarter
National Real Estate Investor — July 22, 2008
The U.S. office vacancy rate climbed in the second quarter amid decreasing demand and new deliveries of space, according to research by Colliers International. Downtown rents showed modest increases but suburban office properties have begun to feel the impact of the slowing economy as those rents edged downward.
Biotech complex would be region's largest
The Boston Globe — July 22, 2008
A Framingham developer is proposing to build the largest life sciences complex in New England, a cluster of labs and offices on 250 acres in Burlington that would also include retail shops and up to 2,000 units of housing for the elderly.
$1.75B Assembly Sq. Project to Finally See Groundbreaking
Banker & Tradesman — July 21, 2008
After a decade of delays and courtroom battles, the $1.75 billion project at Assembly Square in Somerville is expected to break ground after Labor Day.
Factories churn out housing, offices
The Boston Globe — July 20, 2008
It's been a long time since the din of spinning wheels could be heard from the Abbot Worsted Mill in Westford. But noise is again pouring from the 150-year-old textile factory: the growl of backhoes digging a football field-sized pit under the building, a future parking garage for 110 loft-style apartments.
Natick's lush garden in the sky
The Boston Globe — July 20, 2008
Most mall rooftops look like dumping grounds for exhaust fans and industrial pipes.
Hub hotels insulated a bit from airline woes
The Boston Globe — July 20, 2008
As the country's cost-burdened airlines cut seat capacity to drive up airfares, US hotels could face a bigger drop in demand than they did the year of the Sept. 11 terrorist attacks. But Boston properties could fare better than those in other cities.
Venture investing rises 5.5% in state
The Boston Globe — July 19, 2008
US venture capital funding slowed in the second quarter as investors diverted a record sum of money into backing late-stage companies that are having trouble going public or being acquired, according to the MoneyTree report being released today.
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