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April 12, 2022

Alphabet’s Biotech Subsidiary Subleases 100K SF From Verizon At New 31-Story Boston Tower

Boston Medical Center's Nancy Hanright Discusses Cost Effective Medical Building Upgrades May 10

Verily, the biotech subsidiary of tech giant Alphabet, has signed on for a major sublease deal at Boston Properties’ new 31-story office tower next to the TD Garden, Bisnow has learned. 

Alphabet’s Biotech Subsidiary Subleases 100K SF From Verizon At New 31-Story Boston Tower

Verily last quarter subleased 109K SF from Verizon on the 23rd through 26th floors of the 100 Causeway St. project, part of major mixed-use development The Hub on Causeway.The sublease was first revealed in CBRE's Q1 market report, released Monday, and…

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Top Stories on Bisnow.com

Convene Gets Capital Infusion, Takes Over SaksWorks Coworking Operations For Hudson's Bay Convene Gets Capital Infusion, Takes Over SaksWorks Coworking Operations For Hudson's Bay
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How Can Multifamily Be In A Bubble Without Oversupply? We May Be About To Find Out

Unprecedented rent growth since the start of 2021 and historic levels of liquidity in the capital markets have pushed valuations in the multifamily market to dizzying — and to some, worrying — heights.

How Can Multifamily Be In A Bubble Without Oversupply? We May Be About To Find Out

As both retail and office suffered the worst of the pandemic, investors of all stripes flooded into multifamily. The resultant increase in competition has led to some buildings selling for prices that leave veterans of the sector scratching their heads. With the Federal Reserve raising…

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Attorney General Asks Judge To Compel Cushman & Wakefield Cooperation In Trump Case

Attorney General Asks Judge To Compel Cushman & Wakefield Cooperation In Trump Case

New York Attorney General Letitia James has asked a state court to compel real estate services giant Cushman & Wakefield to comply with subpoenas her office issued in its civil investigation of former President Donald Trump.The…

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In Case You Missed It...

Newmark Acquires Boston Brokerage Firm McCall & Almy Newmark Acquires Boston Brokerage Firm McCall & Almy
Cancer Therapy Manufacturer Moving HQ From Cambridge To Andover Cancer Therapy Manufacturer Moving HQ From Cambridge To Andover
New 2M SF Mixed-Use Development, Backed By Cottonwood, Eyed For South Boston New 2M SF Mixed-Use Development, Backed By Cottonwood, Eyed For South Boston
BGI Lands New Partners, $543M In Financing For Spec Lab Building In Seaport BGI Lands New Partners, $543M In Financing For Spec Lab Building In Seaport
Biotech Firm Moving HQ To 81K SF At Boston Innovation And Design Building Biotech Firm Moving HQ To 81K SF At Boston Innovation And Design Building
 
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Governance Could Be Transformational In ESG If CRE Learned To Take It Seriously

Governance is the unplucked third string of the ESG trio.

Without proper governance, property’s good ESG intentions become mere empty noise, publicity stunts with no value, and no capacity to create change.

Bisnow asked about the lessons learned regarding doing business in Russia following its invasion of Ukraine. This is what the experts told us.

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Despite Looming Fines For Building Emissions, NYC’s Green Financing Program Struggles To Take Off

 

NEW YORK CITY — New York City's real estate industry will soon have to comply with legislation designed to help the city meet its ambitious climate goals. But there’s a problem: Developers and lenders don’t understand the city-run financing program in place to help landlords reduce their buildings’ carbon emissions. 

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