Boston Business News
BUSINESS NEWS
The North Shore Commons Listed for $5.45 Million in Lynn, MA
Lynn, Massachusetts, October 25, 2025 News Summary Northeast Private Client Group has listed The North Shore Commons, a fully renovated 48-unit residential property located at 69 North Common Street, Downtown Lynn,...
Eli Lilly Expands Research Footprint in Boston’s Seaport
Boston, October 23, 2025 News Summary Eli Lilly and Co. has signed a lease for 75,000 additional square feet at 645 Summer Street, now named Lilly Harborside Research & Development Labs....
Watertown Mall Sold for $100 Million in Strategic Shift
Watertown, Massachusetts, October 23, 2025 News Summary The Watertown Mall has been sold for $100 million to Newton-based National Development, marking a significant shift in strategy amid challenges in the life...
Boston Museums Collaborate to Support Music Ecosystem
Boston, October 23, 2025 News Summary Museums and cultural institutions in Boston are being urged to collaborate to create a sustainable music ecosystem in response to challenges facing traditional funding. By...
Revolution Stageworks Launches to Empower Emerging Artists in Boston
Boston, October 22, 2025 News Summary AJ Aversano and Nate Kelleher, seniors at Suffolk University, have founded Revolution Stageworks to enhance opportunities for emerging artists in Boston. Launched in May 2025,...
Maggie Cerce Appointed Director of Residential Leasing at Chestnut Hill Realty
Boston, October 22, 2025 News Summary Chestnut Hill Realty has appointed Maggie Cerce as the new Director of Residential Leasing to oversee the management of occupancy and leasing performance for 5,000...
Amazon Web Services Outage Disrupts Local Businesses in Boston Area
Norwood, Massachusetts, October 21, 2025 News Summary A significant outage at Amazon Web Services (AWS) severely affected local businesses around Boston, particularly impacting ordering and payment systems. Maha Juice Bar in...
HGA Moves to New Boston Office in Historic Warehouse
Boston, October 21, 2025 News Summary HGA has relocated its Boston office to a spacious 12,000-square-foot former warehouse at 311 Summer St., Fort Point. The new office accommodates over 75 employees...
Senate Deadlock Threatens Small Business Innovation Funding
Boston, October 20, 2025 News Summary A Senate standoff over the Small Business Innovation Research (SBIR) program is risking crucial funding for small tech firms in Boston. The program expired at...
Finance
The North Shore Commons Listed for $5.45 Million in Lynn, MA
Lynn, Massachusetts, October 25, 2025 News Summary Northeast Private Client Group has listed The North Shore Commons, a fully renovated 48-unit residential property located at 69 North Common Street, Downtown Lynn,...
Senate Deadlock Threatens Small Business Innovation Funding
Boston, October 20, 2025 News Summary A Senate standoff over the Small Business Innovation Research (SBIR) program is risking crucial funding for small tech firms in Boston. The program expired at...
Governor Healey Establishes Competitiveness Council in Massachusetts
Massachusetts, October 17, 2025 News Summary Governor Maura Healey has signed an Executive Order to create the Governor’s Advisory Council on Competitiveness, aimed at driving economic growth and improving the business...
Rockpoint Acquires The Morgan Provost Square in Jersey City
Jersey City, October 16, 2025 News Summary Rockpoint, a Boston-based real estate private equity firm, has acquired The Morgan Provost Square, a Class A apartment community in Jersey City. The property...
Governor Maura Healey Establishes Advisory Council on Competitiveness
Boston, October 16, 2025 News Summary Governor Maura Healey is forming an Advisory Council on Competitiveness to enhance Massachusetts’ economic appeal. The council aims to address key issues affecting job growth...
New England’s Economic and Educational Gap Widens
Boston, October 13, 2025 News Summary New England leaders express concern over the growing economic and educational gap as Southern states like Florida and Texas show remarkable growth. Massachusetts, in particular,...
Closure of Rite Aid and its Impact on Massachusetts Retail
Massachusetts, October 11, 2025 News Summary Rite Aid has closed all its stores nationwide, marking a significant shift in retail pharmacy in Massachusetts where it had four locations. This closure, stemming...
Boston’s Life Sciences Sector Faces Unprecedented Downturn
Boston, October 9, 2025 News Summary Boston’s life sciences sector is experiencing a significant decline, with record lab vacancies and a sharp slowdown in funding. As of Q2 2025, the total...
TJ Maxx to Close Newbury Street Location in Boston
Back Bay, Boston, September 30, 2025 News Summary TJ Maxx has announced the permanent closure of its store located on Newbury Street in Boston’s Back Bay, expected by early 2026. This...
CONSTRUCTION
Governor Healey Establishes Competitiveness Council in Massachusetts
Massachusetts, October 17, 2025 News Summary Governor Maura Healey has signed an Executive Order to create the Governor’s Advisory Council on Competitiveness, aimed at driving economic growth and improving the business...
Kaplan Construction Recognized as One of Massachusetts’ Largest Family-Owned Businesses
Boston, October 17, 2025 News Summary Kaplan Construction has achieved recognition from the Boston Business Journal as one of the Largest Family-Owned Businesses in Massachusetts for the fourth consecutive year. This...
Reekon Tools Innovates Tape Measure Technology in Boston
Boston, October 15, 2025 News Summary Boston-based startup Reekon Tools has revolutionized the traditional retractable tape measure by integrating digital memory, Bluetooth connectivity, and laser-guided features. With over 100,000 units sold...
Revvity Inc. to Cut Over 100 Jobs in Massachusetts
Lawrence, Massachusetts, October 15, 2025 News Summary Revvity Inc., a biomanufacturer, is set to lay off more than 100 employees as it consolidates operations at its Hopkinton campus. The layoffs affect...
Boston Industrial Real Estate Market Shows Resilience in Q3
Boston, October 11, 2025 News Summary Greater Boston’s industrial real estate market demonstrated resilience in Q3, with a total leasing volume of approximately 3.02 million square feet, largely driven by renewals....
South Station Tower Unveiled in Boston
Boston, September 26, 2025 News Summary The South Station Tower, a 51-story structure designed by Pelli Clarke & Partners, was unveiled in Boston, completing a nearly three-decade-long project. The tower features...
Boston Launches Office-to-Residential Conversion Program
Boston, September 15, 2025 News Summary Boston has initiated an office-to-residential conversion program to combat downtown office vacancies while increasing housing supply. This 2023 initiative combines tax incentives, zoning adjustments, and...
Revvity Inc. Announces Layoffs and Facility Closure
Boston, September 13, 2025 News Summary Revvity Inc., a biomanufacturing company in Waltham, Massachusetts, has announced plans to lay off 74 employees and close its South End facility by 2026. This...
Skanska Partners with Simmons University for Mixed-Use Development
Boston, September 8, 2025 News Summary Skanska has announced a landmark partnership with Simmons University to develop a mixed-use complex in Boston’s Longwood Medical and Academic Area. This 99-year ground lease...
Real Estate
The North Shore Commons Listed for $5.45 Million in Lynn, MA
Lynn, Massachusetts, October 25, 2025 News Summary Northeast Private Client Group has listed The North Shore Commons, a fully renovated 48-unit residential property located at 69 North Common Street, Downtown Lynn,...
Watertown Mall Sold for $100 Million in Strategic Shift
Watertown, Massachusetts, October 23, 2025 News Summary The Watertown Mall has been sold for $100 million to Newton-based National Development, marking a significant shift in strategy amid challenges in the life...
Maggie Cerce Appointed Director of Residential Leasing at Chestnut Hill Realty
Boston, October 22, 2025 News Summary Chestnut Hill Realty has appointed Maggie Cerce as the new Director of Residential Leasing to oversee the management of occupancy and leasing performance for 5,000...
HGA Moves to New Boston Office in Historic Warehouse
Boston, October 21, 2025 News Summary HGA has relocated its Boston office to a spacious 12,000-square-foot former warehouse at 311 Summer St., Fort Point. The new office accommodates over 75 employees...
CBRE Completes Sale of Zen Easton Apartment Community
Easton, Massachusetts, October 20, 2025 News Summary CBRE has successfully brokered the sale of Zen Easton, a 99-unit age-restricted apartment community located just south of Boston. Built in 2003, the property...
Lila Sciences Secures Major Lease at Alewife Park
Cambridge, October 18, 2025 News Summary Artificial intelligence startup Lila Sciences has secured a substantial lease of 244,000 square feet at IQHQ’s Alewife Park laboratory campus in Cambridge. This lease, one...
Quincy to Transform Presidents Place into Life Science Hub
Quincy, October 18, 2025 News Summary Related Beal has announced a $30 million investment to convert part of Presidents Place into a life science hub, starting with Abveris relocating its headquarters...
Massachusetts Bans Home Inspection Waivers
Boston, October 17, 2025 News Summary A new regulation in Massachusetts, effective October 15, prohibits sellers from requiring buyers to waive home inspections as a condition of sale. Part of the...
Governor Healey Establishes Competitiveness Council in Massachusetts
Massachusetts, October 17, 2025 News Summary Governor Maura Healey has signed an Executive Order to create the Governor’s Advisory Council on Competitiveness, aimed at driving economic growth and improving the business...