Another Option for Vacant Office Buildings
New hotel construction has slowed to a crawl in Boston since COVID but a new source of room supply is emerging in conversions spurred by the city’s struggling office market.
New hotel construction has slowed to a crawl in Boston since COVID but a new source of room supply is emerging in conversions spurred by the city’s struggling office market.
Quincy-based Jumbo Capital has sold an office-lab property in Lowell to Rhino Capital for $12.4 million after extending a full-building lease with the existing credit tenant.
Pharmaceutical and biotech contract researchers PureHoney Technologies will relocate this fall from 44 Manning Road to 3 Federal St. in Billerica after signing an 18,568-square-foot lease with landlord Rhino Capital.