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Week In Review
July 28 – August 1, 2008
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.


Colliers Meredith & Grew Real Estate Articles of Note header

The biotech bright spot
The Boston Globe — August 1, 2008
No one will remember this as Wall Street's summer of love.

Economic growth is slower than expected
The Boston Globe — August 1, 2008
The prospects for a quick economic recovery dimmed yesterday, with new data showing the economy grew at a slower-than-expected rate this spring despite some oomph from tax rebate checks - and actually shrank late last year.

Vertex move a big victory for Boston
Boston Business Journal — August 1, 2008
Boston houses about 30 life sciences companies today and at best, several hundred biotechnology jobs. But neighboring Cambridge can tout nearly 10 times as many life sciences companies and thousands of additional industry employees within its borders. Even Waltham and Woburn house more biotech companies than Boston does.

Corcoran closing loop on Bayside redevelopment
Boston Business Journal — August 1, 2008
The Bayside Expo & Conference Center will close next year, and if all goes as planned, it will be replaced by an initial wave of development that includes 250,000 square feet of retail space, 300 units of rental housing and 100,000 square feet of offices.

Office Sales Come Back Slowly in Second Quarter
MBA Commercial/Multifamily Newslink — July 31, 2008
Year-over-year comparisons present a bleak picture for office sales—however, activity is slowly returning.

180 feet up, 'dinner amongst the clouds' is served
The Boston Globe — July 30, 2008
High-end dining is rising to new heights. A local entrepreneur says he is launching the first United States branch of Dinner in the Sky, a Belgium-based company that offers above-ground dining events at lofty prices.

Boston house prices show some spring
The Boston Globe — July 30, 2008
Boston home prices on the rise!

Home sales dwindle even as prices plunge
Boston Herald — July 29, 2008
Massachusetts housing suffered its worst first half in nearly two decades this year, with sales down 19.1 percent and median prices off 9.2 percent, new figures show.

For start-up investors, no way out
The Boston Globe — July 28, 2008
They are a little like college graduates whose parents want them married or out in the workforce on their own. Instead, they've come home to hit up mom and dad for more money to go to grad school.

Taming traffic on Rte. 128
The Boston Globe — July 27, 2008
Worried about an estimated 100,000 new daily vehicle trips that could be generated by 15 proposed developments on a local stretch of Interstate 95, several communities in this area have formed a collaborative to brainstorm strategies for reducing the traffic.

Riders flock to T in record numbers
The Boston Globe — July 28, 2008
In a world of $4-a-gallon gasoline prices, grocery bills that break the family piggy bank, a seemingly endless home foreclosure crisis, and rising anxiety about the unsettled state of the US economy, there is at least one winner: the MBTA.


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Colliers Meredith & Grew is a Boston-based commercial real estate company with integrated service groups including Brokerage, Capital Markets, Counseling & Valuation, Development & Advisory, Investment Sales, and Property & Asset Management. In addition to representing its core clients in New England, Colliers Meredith & Grew provides national and international real estate services to its multi-market clients as a member of Colliers International and as an owner/member of Strategic Alliance Mortgage LLC (SAM). Colliers International is a worldwide affiliation of independently owned and operated companies in more than 290 offices in 61 countries.

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