Posts by ericg
Boston firm buys former Coca-Cola plant in KC, plans improvements, equipment auction
Gordon Brothers will auction off bottling equipment in Heartland’s Lenexa plant and then make improvements to help sell or lease the facility. Read More
Read MoreGE Vernova to acquire Prolec GE for $5.3B as AI drives power demand
GE Vernova will spend $5.275 billion to fully acquire power transformer-maker Prolec GE as artificial intelligence continues to gobble up electricity and drive up demand for power. Read More
Read MoreWorcester’s Alta on the Row apartment complex sells for $157M to Morgan Stanley
A 370-unit apartment complex in Worcester that opened last year has sold for $157 million. Read More
Read MoreCambridge businesses face 22% higher commercial tax bills amid property value decline
Cambridge businesses will have to pay commercial tax bills on average 22% higher this fiscal year, a dramatic increase that reflects in part declining commercial property valuations. Read More
Read MoreAsymmetric Capital Partners closes second fund at $137M
The venture capital firm was launched in 2021 by former Catalant co-CEO Rob Biederman. Read More
Read MoreTom Brady teams up with SharkNinja to promote household appliances
SharkNinja is adding another sports icon to its roster of brand ambassadors. Read More
Read MoreWorkers see their pay increasingly shaped by one factor
Companies are changing how they make their decisions on pay. Employees like what they’re seeing. Read More
Read MoreWatertown Mall sold for $100M, scrapping previous lab space conversion plans
A Newton-based developer has scooped up a local mall for a nine-figure sum, signaling a shift away from previously announced plans to transform the property into lab space. Read More
Read MoreReturn-to-office rates have hit new highs, but Boston lags other major cities
New data reveals how Boston’s return-to-office rates compare to other major U.S. cities, and the numbers might concern local business leaders. Read More
Read MoreNeedham office building hits market; BXP signs two new leases
BXP’s Needham office complex is buzzing with activity as two major companies ink substantial leases, but the property’s future ownership remains uncertain. Read More
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