Brickbottom Lab Project Gets First Tenant Ultragenyx will occupy 42,580 square feet at 100 Chestnut, a speculative 208,600-square-foot office-lab building that is scheduled for completion in mid-2023. Developer North River Leerink received a $192.5 million construction loan from Square Mile Capital in June for the......
Construction could begin soon on $30 million Waterville mill housing project after financing green light North River Co. is awaiting word from MaineHousing before launching construction to turn about half of the northernmost Lockwood-Duchess mill building at 6 Water St. into residential and commercial space.......
Square Mile Capital Lends $193M to Build Boston-Area Life Sciences Development North River Leerink has secured $192.5 million in construction financing for a life sciences development in Somerville, Mass., Commercial Observer can first report. An affiliate of Square Mile Capital Management provided the loan…(CLICK FOR ARTICLE)...
Brickbottom Primed for Wave of Development North River Leerink added to its Somerville portfolio in recent years with three acquisitions next to the MBTA’s Green Line Extension tracks, including 100 Chestnut and the 86 Joy St. property, which contains 52 artist studios. The parcels have......
New Lab Building Could Be Pioneer in Brickbottom Growth Somerville’s Brickbottom is joining the ranks of local neighborhoods shedding their industrial pasts to accommodate life science expansion, spurring redevelopment of a former warehouse property as a new 200,000-square-foot lab complex. (CLICK FOR ARTICLE) ...
NYC-based developer looks to spend more than $20 million to renovate former Lockwood Mill in Waterville A project expected to cost more than $20 million to transform about half the former Lockwood Mill at 6 Water St. into residential and commercial space could begin next......
Real Estate Partnership Chosen For Governors Island Climate Hub Buttermilk Labs includes real estate firm North River Company, developer BJH Advisors and climate consulting firm Barretto Bay Strategies. The partnership won the $15.4 million project through an RFP process and is signing a 55-year ground......
Climate Change Hub Planned for Historic Governors Island Schoolhouse A historic schoolhouse on Governors Island could soon become a linchpin of the city’s effort to combat climate change. Buttermilk Labs, a partnership of multiple real estate and consulting companies, will take over Building 301 on......
Wheelock Buys Inner Belt Labs and Development Site In a $160 million recapitalization, Greenwich, Connecticut real estate firm joined the ownership of 200 Inner Belt Road, which includes an office-lab-biomanufacturing building and 400,000 square feet of by-right-approved future development. (CLICK FOR ARTICLE) ...
Lexington Office-Lab Development Sold to North River Co. A Lexington property that’s being redeveloped as 345,000 square feet of office and lab space has been acquired by New York developer North River Co. for $38.7 million. (CLICK FOR ARTICLE) ...
Art Logistics Firm Expands to 150,000 s/f at Matsil Building North River Company (NRC) announced that art logistics company, Maquette Fine Art Services, has expanded its space at The Matsil Building in Long Island City to 150,910 s/f, bringing the building to 100 percent occupancy.......
Maquette Doubles Space at Matsil Building in Long Island City Ten-year lease brings logistics company to nearly 100,000 square feet (CLICK FOR ARTICLE) ...
Downtown Waterville businesses awarded grants to update building facades Ten businesses in downtown Waterville have been chosen as the grantees for the Central Maine Growth Council’s Facade and Building Improvement Grant Program. (CLICK FOR ARTICLE) ...
College’s Invest So ‘What’s the Town Like?’ Gets an Upbeat Answer “The overall downtown revitalization strategy is the result of many months of planning sessions involving college officials and local leaders. That ‘united front’ among city stakeholders, along with the substantial institutional investment, is attracting......
North River Co. Named CMGC 2019 Developer of the Year Central Maine Growth Council is proud to present its annual Developer of the Year award to North River Company, owner of the Lockwood Mill complex in downtown Waterville… (CLICK FOR ARTICLE) ...
North River Seeks to Plan for What’s Next at 31st Street Studios Strip District property owner hires Perkins Eastman for planning strategy…(CLICK FOR ARTICLE) ...
Maquette Signs LIC Warehouse Lease for Fine Art Storage and Logistics The Tribeca-based Maquette, a logistics firm that provides fine arts storage and handling services, signed a lease with North River Company for warehouse space in Long Island City. Maquette will occupy… (CLICK FOR ARTICLE) ...
Mill Buildings in Waterville Sold and Slated for Development North River Company bought the two northernmost Lockwood Mills buildings and plans to redevelop them with commercial and retail on the first two floors and apartments on upper floors. (CLICK FOR ARTICLE)...
Metropolitan Realty and TH Real Estate Sell LIC Warehouse for $72M A partnership of Metropolitan Realty Associates (MRA) and TH Real Estate have sold a Long Island City warehouse for $72 million almost two years after they bought it, Commercial Observer has learned…(CLICK FOR ARTICLE) ...
Former Warehouse in Chelsea Sells for $900 Million A joint venture of L&L Holding Co. and Normandy Real Estate Partners has agreed to pay about $900 million for a storied, former freight warehouse in Manhattan’s Chelsea neighborhood, tripling the property’s valuation from four years ago......