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Week In Review
August 23-27, 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

Prices drop, but hopes never do
The Boston Globe — August 26, 2010
Not even a 30 percent drop in housing prices can shake the idea that prices always go up.

To bidders, this market is looking up
The Boston Globe — August 26, 2010
The John Hancock Tower — just a year ago a symbol of the nation’s commercial real estate crash — is now the target of a spirited bidding war among some of the industry’s leading names, signaling a revival in the market for trophy properties.

Investor Conditions Improve in Apartment, CBD Office Sectors
MBA NewsLink — August 26, 2010
Improving investment conditions put apartment and central business district office property types on top of the commercial real estate market during the second quarter, said Real Estate Research Corp., Chicago.

Commercial Property Prices Fall 4 Percent in June
MBA NewsLink — August 26, 2010
Commercial property prices fell for the first time since March, said Moody's Investors Service, New York.

Next-generation Greenway Proposals would alter look, feel
Boston Herald — August 26, 2010
It’s been a long, expensive trip from freeway to Greenway, but Hub developers and residents are looking forward to reaping the benefits of putting the Central Artery underground.

Report: Biotech sector still strong in Mass.
The Boston Globe — August 26, 2010
A new industry report says Massachusetts continues to be a national leader in the biotechnology sector, though its rate of job growth has slowed over the last decade.

Local hotel market rises from recent nadir
Boston Business Journal — August 26, 2010
Local hotel revenue is expected to end the year up 11.8 percent on a per-room basis on the back of a resurgence in bookings at the lower-priced end of the market, according to a new report by Colliers PKF Hospitality Research.

Hub to Vornado: Get to work or lose permits
Boston Herald — August 26, 2010
Mayor Thomas M. Menino’s development czar yesterday vowed to yank all approvals from the owner of the former Filene’s building if the firm fails to get moving on its long-abandoned redevelopment project by a September deadline.

Housing planned next to Garden
Developer wants to replace garage

The Boston Globe — August 25, 2010
A residential developer wants to tear down a parking garage next to TD Garden and replace it with 500 rental apartments.

Harvard Business School Drives Yale and MIT's Edifice Complex
Bloomberg — August 25, 2010
Yale University’s School of Management, which aspires to be among the world’s best business schools, crams its students and faculty into 19th-century homes and former astronomy buildings linked by a rabbit-warren of basements. That’s a far cry from Harvard Business School’s 33- building riverfront campus, which boasts a chapel, health club and its own art collection.

School Spirit: Student housing makes the grade with investors
Global Real Estate Monitor — August 2010
As college students across the nation head back to school this month, both anxious and eager over the challenges and adventures to come, student housing owners and operators are feeling confident about their business.

Economists blew the bubble
Boston Herald — August 23, 2010
Economists had big trouble spotting the recent housing bubble - and will probably miss the next one, too, a new Boston Federal Reserve study predicts.


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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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