The following represents articles of interest to the Boston real estate community that appeared in various publications during the week.
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Real Estate Articles of Note
Bain Capital will move to Hancock Tower
Boston Globe — May 11, 2010
Bain Capital is moving its offices to the John Hancock Tower, taking nearly 210,000 square feet in one of the most significant lease deals of the last several years.
The $6.7B Question: What’s Next for Simon?
Retail Traffic Magazine — May 12, 2010
Simon Property Trust may have lost out on its well publicized bids to buy or recapitalize rival General Growth Properties, but the REIT remains in an enviable financial position as it sits on vast reserves of cash and credit.
Market to open in South Boston
Boston Globe — May 9, 2010
South Boston will get a new upscale market as part of the city’s $2.6 million in federal stimulus aid to Boston’s small businesses, city and federal officials announced yesterday.
SJC overturns UMass 'competitive bid' ruling
Boston Business Journal — May 10, 2010
The Massachusetts Supreme Judicial Court, overturning a lower court decision, ruled Monday that the University of Massachusetts Lowell should have undergone a competitive bidding process in the hiring of a developer.
Development agency’s troubled loans swell
Boston Globe — May 10, 2010
The Massachusetts Development Finance Agency — a quasi-public agency that lends money, makes grants, and develops government property to stimulate new investment — has seen a surge in troubled loans because of the weak economy.
Outlook for U.S. Consumer Spending Raised on Jobs, Survey Says
Bloomberg.com — May 11, 2010
The U.S. economic recovery is taking on a life of its own as more jobs, rising wealth and easier credit give Americans the means to keep spending, according to economists surveyed by Bloomberg News.
Northeastern seeking to expand
Boston Globe — May 9, 2010
Northeastern University is seeking to expand its nearly half century-old suburban campus in Burlington.
Boston start-ups get hand
Boston Herald — May 9, 2010
A dozen start-ups will share $2.6 million in stimulus funds to spur small business in Boston.
A few encouraging signs in MetroWest job market
Metrowest Daily News — May 8, 2010
While others are striking a more measured tone in their assessment of the MetroWest economy, a local recruiting executive believes now is the time to polish resumes and resubmit job applications.
State’s economy rises with nation’s
Boston Globe — May 8, 2010
The Massachusetts economy is keeping pace with the increasingly robust national recovery, and that could translate into more hiring by state employers over the next several months, according to a recent analysis by the University of Massachusetts.
Colliers Meredith & Grew in the News
Boston Real Estate is Tom Hynes's Game, But This Marathon Man Doesn't Stop There
Boston Irish Reporter — March 1, 2010
Tom Hynes delights in the story of Pheidippides, the Athenian herald who in 490 B.C. announced the Greek victory over Persia in the Battle of Marathon. As legend has it, Pheidippides ran a marathon 150 miles in two days, then raced 25 miles from the battlefield to Athens to proclaim victory. "We have won," he declared. He then collapsed, dead from exhaustion.
Retail real estate stabilizes after hitting low point
The Patriot Ledger — May 10, 2010
Regional retail real estate market stabilizes after hitting its worst point in more than a decade
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