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Week In Review
July 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

Back Bay development downsized
Boston Herald — July 29, 2010
A plan to extend Newbury Street’s toney shopping district to Massachusetts Avenue has been downsized in response to a lawsuit from neighbors.

Parking bargain lures efficient vehicles
The Boston Globe — July 29, 2010
Newbury Street, of all places, now offers the best parking deal in town, 25 cents an hour. But there is a catch: You have to ride a scooter or motorcycle to fit in the parking space.

Hub’s $60M Kennedy Institute plans unveiled
Boston Herald — July 29, 2010
The Edward M. Kennedy Institute for the Senate yesterday unveiled renderings for its roughly $60 million site, which is expected to break ground in Dorchester this fall.

N.E. economy is growing, but unevenly
The Boston Globe — July 29, 2010
The New England economy continued to expand in recent weeks, but signs of slowing appeared as some companies reported mixed results and most remained cautious in hiring, according to a Federal Reserve survey released yesterday.

Public food market gets $10m promise
The Boston Globe — July 29, 2010
Boston is finally slated to get its own downtown public food market — a showcase for dozens of New England agricultural businesses that will sell locally grown produce, artisan cheeses, seafood, and meats.

Second-hand gold
The Boston Globe — July 28, 2010
In the golf section at Play It Again Sports in Dedham, behind rows of slightly worn soccer cleats and bins of brand-new baseballs, Finbar Ford of Walpole admired a used, $30 left-handed wedge.

Construction hiring up, but still slumping
Boston Business Journal — July 27, 2010
Clear skies and a warming economy proved a winning formula for Massachusetts’ construction sector in June, as employment rose 6 percent on a month-to-month basis to 114,600 jobs.

Mass. home sales in June best in four years
The Boston Globe — July 27, 2010
Motivated by the looming expiration of a federal tax credit, Massachusetts buyers snapped up 5,726 single-family homes in June, the highest number of monthly sales in four years, according to new data released today.

Route 128 face lift
The Boston Globe — July 25, 2010
Route 128 in Danvers and Gloucester is getting a multimillion-dollar reconstruction, the first major change to ramps and bridges since the highway opened north of Boston 70 years ago.

Amid economic bust, a boom at UMass
The Boston Globe — July 25, 2010
Every day, at 10 a.m. and 2 p.m., jarring explosions interrupt Kevin O’Sullivan’s phone calls, conversations, and meetings. It doesn’t bother him one bit.

Area hotels rebound from dismal year in ’09
The Boston Globe — July 24, 2010
The beleaguered hotel market has been making a comeback in recent months, with hotels in Boston and Cambridge experiencing increases in year-over-year occupancy levels and average room rates for the first time since the fall of 2008.

Facility No. 3 for A123
Boston Business Journal — July 23, 2010
A123 Systems Inc. has signed a lease to open a research and development facility in Westborough, the company’s third location in Massachusetts, according to a regulatory filing.


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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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