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Developer Submits Hotel Plan at former CBT Offices

Sneak Peek: The Very Modern but Very North End 471 Hanover Residences

The Residences at 471 Hanover in the North End offer a new European-inspired twist on an 1900s-era building.

Jones Lang LaSalle Inc. (via Public) / Boston flex portfolio acquired by local buyer for $10.4M

Boston flex portfolio acquired by local buyer for $10.4M BOSTON, Feb. 25, 2021 - JLL announced today that it has closed the $10.4 million sale, arranged $16.1 million in acquisition and redevelopment financing and has been engaged to lease the two-building flex office and R&D portfolio totaling 170,146 square feet at 3 and 8 Federal Street in the northern Boston suburb of Billerica, Massachusetts. JLL marketed the property on behalf of the seller, and procured the buyer and borrower, Boston-based Rhino Capital Advisors LLC (Rhino). JLL worked on behalf of Rhino to place a floating-rate loan with Bank of New England. Loan proceeds will be used to purchase the assets in addition to repositioning 8 Federal Street. Rhino has also engaged JLL to lease the portfolio.

43D Committee appears ready to vote on redevelopment plan

LAKEVILLE  After a long series of public hearings on the proposed redevelopment of the Lakeville Hospital campus off Main Street, the town’s 43D Review Committee appears ready to approve the site plans and special permit requests needed for the commercial project. At its Feb. 18 virtual meeting, the review committee members seemed pretty satisfied with the latest small adjustments to the site plans, made to comply with requests from town boards or the peer review engineer scrutinizing the plans for the town. Planning Board Chair Mark Knox, running the review committee meeting, set March 4 as the date the panel would review the long list of conditions likely to be attached to the special permit.

Hospital Campus in Lakeville, Massachusetts, Reviews Storm Water Solutions for Redevelopment