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Week In Review
August 4 – 8, 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.


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Green, with envy
The Boston Globe — August 8, 2008
Anyone at the State House for the close of the recent legislative session likely noticed the lanky guy exclaiming: "First in the nation! First in the nation!"

Developer wants to build South Boston soundstage
Boston Herald — August 7, 2008
Welcome to Southie-wood.

Top movie ticket puts you far beyond the cheap seats
The Boston Globe — August 6, 2008
When Showcase Cinema de Lux opens its doors at Patriot Place on Friday, moviegoers will have a choice to make at the ticket counter: coach or first class.

Retail REITs Not Overly Concerned, But Playing it Conservative
CoStar News — August 6, 2008
By midweek, nearly all of this country's retail REITs had reported their second-quarter results. In reviewing the reports available so far, retail real estate fundamentals are holding up fairly well, at least for these institutional owners of shopping centers. Nearly all report average occupancy rates above 90%, improving or maintaining rental rates and continued leasing activity.

Historic district OK looms: Move would protect Fort Point
Boston Herald — August 6, 2008
The old brick warehouses of South Boston’s Fort Point section will soon have their own historic district.

Treasuries Fall as Fed Keeps Rate Steady; Highlights Inflation
Bloomberg.com — August 5, 2008
Treasury notes fell, led by 10-year securities, after the Federal Reserve kept interest rates unchanged at a second straight policy meeting and said inflation is a significant concern while risks to growth remain.

T warns of fare hike if agency is not rescued
The Boston Globe — August 5, 2008
MBTA riders face a substantial fare increase - perhaps as soon as 2010 - unless the Legislature steps in to help the debt-ridden transit system, the agency's chief said yesterday.

Oracle's complex to double in size
The Boston Globe — August 4, 2008
Oracle Corp., the world's third-largest software maker, is proceeding with plans to build a 150,000-square-foot facility at its Burlington office park, the latest in series of major real estate moves by out-of-state technology giants.

Economy Hampering Property Fundamentals, Analysts Say
Commercial/Multifamily Finance News — August 4, 2008
A weak economy is beginning to hamper commercial real estate property fundamentals, based on research and reports from the first half of the year.

Road work ahead
The Boston Globe — August 3, 2008
The reconstruction of the southern half of Route 128, now in its sixth year, bears certain resemblances to another big highway project recently concluded to the north. Like Boston's Big Dig, the widening of south suburban artery is taking a long time.

Can't get there from here
The Boston Globe — August 3, 2008
They're the pulsing arteries between two cities, connecting the Boston Brahmin with the Cambridge liberal, the button-down number crunchers with the big-think biotech lab rats, the thousands of students from Boston University with those at MIT and Harvard.


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Unum to move in city
Worcester Telegram & Gazette — August 6, 2008
Unum Group, an insurer with sprawling offices and about 700 employees in downtown Worcester, has launched a search to find smaller, more modern offices and a new use for its current properties.


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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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