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December 7, 2021

Life Sciences Players Reckoning With Sustainability Challenges

Berkeley Investments President Young Park discusses investor and developer confidence in Boston heading into 2022 Jan. 20

Life sciences developers, enjoying seemingly endless demand for their space, are vying for ways to stand apart from their peers, and sustainability bona fides are emerging as a significant factor. 

Life Sciences Players Reckoning With Sustainability Challenges

Amid the life sciences boom, tenants, landlords and city officials are having to weigh whether buildings can be grandfathered into emissions requirements or if more disruptive measures are called for, veterans of the Cambridge life sciences boom said. “The idea of a 24/7 lab with full energy usage, I think that is…

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Companies Contorting Themselves To Keep Foothold In Boston Biotech Market Bursting At Seams

For Phil Casey, a clear sign that Boston’s life sciences market is at capacity can be found on the side of State Route 128. The roadway, a corridor that’s seen life sciences development and demand flow southwest out of the packed Cambridge and downtown Boston markets, has seen years of projects break ground due to overflow. 

“There’s a go-kart vendor out there who keeps asking about how he can convert his tracks to become a lab building,” said Casey, principal at CBT Architects, which, among other things, has designed many lab buildings along 128. “If the go-kart guy is talking about conversions, you know Boston has hit a peak.” 

Companies Contorting Themselves To Keep Foothold In Boston Biotech Market Bursting At Seams

The dynamics of Boston biotech’s meteoric growth continue to shape the local and national life sciences and related real estate industries. But peak Boston doesn’t just mean new building opportunities and challenges in Massachusetts. It is ushering in new ways for biotech business to organize and disperse, and supercharging…

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Industrial Investor Acquires Fully Leased Greater Boston Warehouse Portfolio For $173M

Industrial Investor Acquires Fully Leased Greater Boston Warehouse Portfolio For $173M

A large industrial investor is making its first foray into the Greater Boston market, spending $173M for a 1M SF-plus warehouse portfolio.GLP Capital Partners, through its GCP/Modlo platform, bought the fully leased suburban Northeast Logistics Portfolio from Marcus Partners and Northbridge…

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Flood Of Capital To Red-Hot Multifamily Pushing Down Returns, Even As Rents Spike

 

Investors have been pouring billions into the U.S. multifamily market this year, creating an environment of unprecedented competition for buyers and lenders hoping to cash in on the sector's combination of reliable cash flow and skyrocketing rents.

The dynamic has compressed capitalization rates on multifamily acquisitions, forcing investors to pay more for properties and accept lower return expectations.

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C-Suite Spotlight: Adolfson & Peterson Construction CEO Jeff Hansen

Jeff Hansen takes his cues as a leader from all sorts of places, from books by Simon Sinek to his favorite TV show, Ted Lasso.

Those influences inform his belief that leadership is changing. The days of the “hero leader” steering companies through sheer force of personality are gone, said the man who has led Aldofson & Peterson Construction, a family-owned national construction management firm and general contractor, for five years. Instead, he added, humility and learning to be a "leader of leaders" are the attributes that help drive an organization's forward momentum.

AP offers pre-construction, construction and contracting services to the commercial, education, healthcare, hospitality, industrial, multifamily, municipal, recreation and senior living market segments. It has more than 600 employees in Arizona, Colorado, Minnesota, Texas and Wyoming. 

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