Moderna Inks Deal For New 426K SF Headquarters In Kendall Square

A massive office tenant is expanding to more than a half-million SF in Boston’s Atlantic Wharf tower. Wellington Management signed a 524K SF, 10-year lease extension at 280 Congress St., Boston Properties and Norges Bank…

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A key deadline is approaching for investors looking to maximize the benefits of the opportunity zone program, and fund managers are preparing to receive an influx of capital in the coming months. 

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CHICAGO — Activity in the logistics and warehouse sector keeps accelerating, and construction crews seem likely to keep breaking ground on new projects no matter what obstacles appear for the rest of the economy. Developers are already breaking Chicago-area records for new construction, while tenants keep popping up, ready to lease new buildings almost as soon as they appear.

Elion Partners last week became the latest developer to hit the accelerator. It launched a $1B partnership with Brookfield Asset Management to develop up to 15M SF of additional industrial properties at its Elion Logistics Park 55 in southwest suburban Wilmington. And experts say more such announcements are likely in the months and years ahead.

“I have always tried to [forecast] the end of a cycle, and in the past, I would usually say, ‘We’ve got another year, and that’s it,’ but in this cycle, I don’t see an end approaching,” Colliers International Executive Vice President Mike Senner said.

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