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Week In Review
April 26 – 30, 2010
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.


Real Estate Articles of Note

Success in the city: Five Mass. firms among the fastest-growing in disadvantaged areas
Boston Globe — April 30, 2010
When Aileen Liu was recruited to take over a struggling maker of battery chargers, one of her first moves was to relocate the company from California to Allston.

Economy in U.S. Probably Grew as Consumer Spending Accelerated
Bloomberg.com — April 30, 2010
The U.S. economy probably expanded in the first quarter, capping the biggest six-month gain since 2003, as consumers spent more freely, economists said before a government report today.

New Balance kicks Lowe's
Boston Herald — April 30, 2010
Lowe’s second chance at building its first Boston store is facing opposition from billionaire running shoe tycoon James Davis.

W Hotel’s developer says it is bankrupt
The Boston Globe — April 29, 2010
Just months after opening a 28-story tower in downtown Boston, the owner of the upscale W Boston Hotel and Residences filed for bankruptcy protection yesterday, a stunning financial breakdown for a developer that labored for more than a decade, only to open as the hotel market plummeted and condo sales still had not picked up.

Fan Pier may get apartments
Boston Herald — April 29, 2010
The developer of Fan Pier said the credit markets are loosening up and the next phase of the stalled project could be three years away.

Chiofaro taking fight with mayor to the public
The Boston Globe — April 28, 2010
The battle between developer Don Chiofaro and Mayor Thomas M. Menino — an unusually public standoff between two strong-willed, proud men — is ratcheting up today as Chiofaro begins a campaign to recruit city residents to lobby for his proposed project.

Mass. College of Pharmacy buying Crowne Plaza hotel
Worcester Telegram & Gazette — April 28, 2010
The Massachusetts College of Pharmacy and Health Sciences will add to its downtown presence by buying the Crowne Plaza hotel at 10 Lincoln Square, the college said today.

Housing data mixed, but called good sign
The Boston Globe — April 28, 2010
The Boston area housing market is bouncing along the bottom.

Technology hiring resumes, nationally and in Boston
The Boston Globe — April 27, 2010
Technology companies are hiring again, nationally and in the Boston area, according to recruiters and some of the companies themselves.

South Shore jobless rate stubbornly high
Patriot Ledger — April 24, 2010
Recent statewide and national numbers suggest the jobs picture is brightening, but not everywhere – and not very fast.


Colliers Meredith & Grew in the News

Report: Hub Commercial Market Sees Negative Absorption Continue In Q1
Banker & Tradesman — April 26, 2010
The Hub's commercial leasing market saw the most negative absorption in Boston's Financial District in the first quarter, with the Back Bay and peripheral submarkets relatively flat for the quarter.


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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 293 offices in 61 countries.

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