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CBRE At A Glance


PROJECT STATUS
Construction Complete: 5 |
Under Construction: 4 |
Acquired by Proponent: 11 |
Project Approved: 1 |
Under Official Review: 1

WORK BY SECTOR
Office: 14 |
Housing: 4 |
Healthcare: 1 |
Retail: 5 |
Restaurant: 3 |
Lab: 1 |
Parking: 1 |
Affordable Housing: 1 |
Industrial: 2

PROJECT SIZES
$0 - $10M: 16 | $10M - $100M: 1 | $100M+: 3

Totals

Total Square Footage Free
Total Dollar Volume Free

General

Established 1906
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CBRE’s more than 70,000 professionals provide exceptional outcomes for clients in 60+ countries by combining local market insight, broad services, specialized expertise and premier tools and resources.

Updates

Winthrop Center
- Jun 11, 2020

NPC FIled for Winthrop Center Cuts Number of Residential Units In a Notice of Project Change filed with the BPDA on June 10th, Millennium Partners has proposed additional changes to the Winthrop Center Tower which is under construction now. The changes include the elimination of the residential portion of the east tower (see rendering below). This cuts the number of residential units from 387 to 321 and these units will now initially be apartments instead of condos. The total building size will go down to 1.447M square feet with the office, and retail/connector space remaining the same. Per the letter, these changes are based on the "impacts to the project, the condominium market, capital markets, and the construction process caused by the unprecedented COVID-19 pandemic."


Union Point
- May 10, 2020

Interior Finishing Nearly Complete for Fairing Way Final Phase at Union Point Interior finishing is wrapping up for the final phase of Fairing Way within Union Point. The building will include a total of 107 units of assisted living, 70% of which are already sold. The first phase of the project features a 104 residential unit senior living community with a clubhouse and a 46 bed, on-site, long term care nursing facility.


Westford Corporate Center
- Apr 21, 2020

Westford Office Complex Trades for $24.5M The Westford Corporate Center at 3 & 5 Carlisle Road has traded for $24.5M in an off-market transaction brokered by CBRE. The 167,000 square foot building is 100% leased. Scott Dragos Executive Vice President at CBRE tells BLDUP the tenants at the property include Cynosure (who lease 93% of the space) with a lease in place for 8 more years and Ramboll USA with the remaining 7% locked up for 4 more years.


Northland Newton Development
- Mar 04, 2020

Newton Residents Vote YES on Northland's 22+ Acre Development Newton residents voted in favor of the Northland Newton project Tuesday night, with 58% of voters supporting the mixed-use development. As approved by the city council in December 2019, the project will include  800 housing units (140 of which will be affordable), 180,000 square feet of office space and 115,000 square feet of commercial space. Plans also call for 10 acres of open space including 8 new parks plus a mobility hub that will offer free electric shuttle service to the Newton Highlands MBTA Station. 


Winthrop Center
- Feb 24, 2020

Framing & Core Work Underway at Winthrop Center A massive core is under construction plus steel framing has started for Winthrop Center in the heart of Downtown Boston. The upcoming 53-story will feature 387 condominium residences, along with approximately 772,422 square feet of commercial office space designed to Passive House standards. Connecting the through-block site will be The Connector, a distinctive gathering place full of restaurants and vendors, and a continually changing program of performance activity and public events.


46 Plympton Street
- Feb 06, 2020

46 Plympton Street Refinanced for $9.58 Million The property at 46 Plympton Street has been refinanced for $9.58 million via Berkshire Bank. The property at 46 Plympton Street features a Class B office building that was constructed in 1900. Sitting in Boston's South End neighborhood, the 27,885 square foot property sits only a block away from the Exchange South End redevelopment site.


50 Staniford Street Expansion
- Jan 23, 2020

CO Issued for Addition at 50 Staniford St A certificate of occupancy has been issued for the lobby addition at 50 Staniford Street. The project features renovations to over 34,000 square feet at the existing 10 story medical office building plus a new 19,500 square foot addition. The renovations and addition will revitalize the building and also create a dedicated pickup/drop-off area to accommodate the high volume of patients coming through the building. 


Union Point
- Jan 21, 2020

Brookfield Properties & New England Development Named New Master Developers for Union Point Brookfield Properties in partnership with New England Development have been named the new master developer for Union Point in Weymouth. The group will be the 4th master developer for the nearly 1500 acre site. The decision comes months after LStar was terminated from the project in February 2019. Long term plans for the site call for nearly 4,000 housing units, up to 6 million square feet of commercial space, plus ample open space.


Winthrop Center
- Jan 12, 2020

$700M Building Permit Pulled for Winthrop Center Although the project officially broke ground in October 2018, the actual building permit for Winthrop Center has now been pulled. The permit pulled by Suffolk Construction is valued at $700M. The 53 story tower will feature over 770,000 square feet of Class A office space plus around 387 condos. At the base of the building a multi-floor public gathering space and thruway, the Connector, will offer a restaurant, retail, and community space. Construction is expected to wrap up in early 2022.


West End on Fulton
- Jan 10, 2020

Glassdoor Leases 52K SF at Upcoming West End on Fulton Developer Trammell Crow has signed a lease with Glassdoor to occupy two full floors at the upcoming West End on Fulton. Glassdoor will occupy 52,000 square feet of the 300,000 total within the Class A project. With this new office, the recruiting and jobs review site will more than double its number of Chicago based employees from 300 to 800 total. While West End on Fulton was originally planned as an apartment project, Trammell Crow decided to pivot to offices after reassessing demand in the area and they are pulling out all the stops in the amenities department. The building will feature View Dynamic Glass, to let in more natural daylight, a key amenity employees want and need as it has been shown to have positive impacts on wellness and productivity. The View Glass will also cut down on energy costs. Additional amenities at West End on Fulton will include a rooftop deck that includes a gaming lawn, a beer garden with grill stations and fire pits, an indoor/outdoor lounge and bar, movie screening area, dog run, and community garden. There will also be a fitness center on-site along with covered ride-share drop-off and pickup area.  Construction on the 14-story tower is expected to wrap up this coming April.


Winthrop Center
- Dec 22, 2019

$33.75M Electrical Permit Pulled for Winthrop Center An electrical permit valued at $33.75M has been pulled for the upcoming Winthrop Center Tower. The 53 story tower will feature approximately 387 condo units plus over 770,000 square feet of office space. At the base of the building a multi-floor public gathering space and thruway, the Connector will offer restaurant, retail, and community space. 


15 Necco
- Dec 17, 2019

CO Issued for GE Office in Fort Point A certificate of occupancy has been issued for the base building core and shell plus the office space on floors 1 through 6 at 5 Necco Court in Fort Point. The historic brick and beam buildings have been fully renovated and will now be home to around 250 GE employees.   


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