The following represents articles of interest to the Boston real estate community that appeared in various publications during the week.
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Real estate market ready for rebound
Boston Herald — May 9, 2008
Forget soaring foreclosures and the free-fall in home prices. The battered real estate market may have finally hit bottom, a nationally known Boston real estate expert is declaring.
Retailers’ April Is Mixed, With Discounters Strong
The New York Times — May 9, 2008
Wal-Mart and Costco reported April sales that rose more than analysts estimated as American consumers, contending with record gasoline prices, sought discounts on clothing and food.
NorthPoint buyer quits deal
Boston Herald — May 9, 2008
A Texas-based investment group has pulled out of a deal to buy NorthPoint, a grand city-within-a-city slated to take shape near the Charles River in Cambridge.
Developer agrees to trim tower's size
The Boston Globe — May 7, 2008
A compromise reached between City Hall and developers of a planned 299-foot-tall residential tower in Chinatown will reduce the height by 34 feet, but means elimination of the revered Dainty Dot building on the site.
Gov. floats a plan to pitch state abroad
Boston Herald — May 7, 2008
Gov. Deval Patrick may soon be globetrotting again as he looks to open up new markets for Massachusetts companies.
State Street other Boston tenants eye suburban bargains
Boston Herald — May 6, 2008
The Hub’s toughest competitors - as the city battles to lure more companies and jobs to its downtown towers and developing waterfront - may be in its suburban back yard.
Boylston Street Is Ready To Rock With New Tenants
Banker & Tradesman — May 5, 2008
One of the nation’s largest sellers of guitars, percussion instruments, keyboards and recording equipment is opening a mega-store near Boston’s Fenway Park
After solid Q1, hoteliers anxious over rest of year
Boston Business Journal — May 2, 2008
Greater Boston hoteliers, pleased by a strong first quarter, are anxious that an increase in inventory and diminishing group sales may weaken occupancy in the latter half of the year.
Alexandria Testing Lab Market in Bedford
GlobeSt.com — May 5, 2008
scarce commodity for suburban Boston just got a little harder to find, as a growing life sciences company has leased 23,000 sf of laboratory space here in a building repositioned for that use by Alexandria Real Estate Equities.
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