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February 9, 2023

As Industrial Market Reaches ‘Plateau,’ Boston's Small Footprint Is A Big Benefit

City Of Cambridge's Iram Farooq Discusses Where The Life Sciences Market In Cambridge Is Headed March 28
The industrial real estate market is beginning to cool down around the country after e-commerce demand made it red-hot during the pandemic, but experts say the Boston area has an advantage that could benefit industrial owners.

As Industrial Market Reaches ‘Plateau,’ Boston's Small Footprint Is A Big Benefit

The difficult permitting process and frequent community opposition to industrial projects around Boston, while frustrating for developers, has constrained new supply and helped owners keep vacancy low and maintain rent growth, experts said at Bisnow’s Innovating & Developing Boston’s Industrial Market event at the Boston Park Plaza Hotel.AEW Capital Management Head of Industrial Asset Management…

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Related Beal Files Plans For New Seaport Lab Project

Related Beal Files Plans For New Seaport Lab Project

Related Beal has filed a letter of intent to build a new life sciences project in the Seaport, adding to the firm's growing portfolio in the neighborhood. The firm plans to replace a "dilapidated warehouse" with a 99K SF life sciences building, according to the letter. The site has been owned by the Shaughnessy…

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EXCLUSIVE: Hines To Exit $2.3B Russia Business As Real Estate Works Through Post-War Breakup

EXCLUSIVE: Hines To Exit $2.3B Russia Business As Real Estate Works Through Post-War Breakup   Global real estate investment giant Hines is exiting its Russian real estate business, Bisnow can reveal, as international property firms navigate the complicated process of leaving the country following its invasion of Ukraine a year ago. For the past few months, Hines has been selling assets and beginning the process of dismantling one of the largest international real estate businesses active in Russia.  “Hines is in the process of exiting its real estate assets in the Russian market,” a media spokesperson…

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Brookfield To Launch New Real Estate Fund After Raising $93B Last Year

Brookfield To Launch New Real Estate Fund After Raising $93B Last Year   Canadian asset management titan Brookfield has launched its fifth real estate investment fund amid what is expected to be a tumultuous year for the world's largest asset class.  The announcement of the new fund comes after Brookfield Asset Management was spun…

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