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June 9, 2022

Lawmakers Push To Ramp Up Fines On Owners Of Boston’s Neglected Properties

Presidents Of The Bruins And Celtics Discuss Revamped Placemaking Strategies Outside Of TD Garden June 22

Boston real estate is known for its flashy skyscrapers, historical architecture and booming life sciences industry. But not far from the shadow of those tall buildings, scores of properties in the city's historically Black neighborhoods sit vacant or blighted. 

Lawmakers Push To Ramp Up Fines On Owners Of Boston’s Neglected Properties

In Dorchester and Roxbury, a large number of these properties are being intentionally neglected by absentee landlords or developers waiting for opportunities, city councilors argue. Last month, Councilor Tania Fernandes Anderson, whose district includes Roxbury, called for a hearing to reinforce fines on owners who intentionally neglect their properties, and…

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Barings Pays $132M For Life Sciences Property In Boston Suburbs

Barings Pays $132M For Life Sciences Property In Boston Suburbs

Barings, an international real estate investment company, paid $132M for a life sciences building in Bedford, its second Boston-area acquisition in as many months. The international real estate investment firm bought One Patriots Park, a 144K SF life sciences building, from Jumbo Capital Inc., Barings announced Thursday. The…

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National Investor Enters Boston Market With 8-Property, 1.3M SF Acquisition

National Investor Enters Boston Market With 8-Property, 1.3M SF Acquisition

An investment management group acquired its first major Greater Boston area portfolio consisting of 1.3M SF of industrial space. Arden Logistics Parks bought eight properties across six locations south of Boston, according to a press release. The facilities are 98% leased with local, regional and national tenants. The portfolio sold for…

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Seeing Green: Cannabis Can Fill Vacancies, Boost Property Values, But Deals Are Hard To Do

When it comes to making it in the cannabis industry, the journey is not unlike a real-life Squid Game. The potential to win big leads players to take unimaginable risks, but one false move could mean their demise.

The cannabis industry touches almost every commercial real estate asset class, from industrial to retail to office and flex. Despite its many obstacles, a fervent desire by developers to capitalize on the emerging industry is translating to increased demand for space. A 2021 survey by the National Association of Retailers found that in states where recreational or medicinal marijuana is legal, 36% of members had seen increased demand for warehouses, 23% for storefronts and between 18% and 28% for land.

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