Tuesday, June 25, 2013

In The Pipeline: CoStar Development & Construction News for June 23 - 29




National Commercial Real Estate News From CoStar Group





In The Pipeline: CoStar Development & Construction News for June 23 - 29



$1.6B Merchants Row Breaks Ground In Quincy
A host of dignitaries gathered in downtown Quincy, MA, to celebrate the groundbreaking for Merchants Row, the first major block of mixed-use development being constructed within the new Quincy Center master development plan.

Merchants Row is expected to bring 306 loft units in two buildings, the Kilroy and the Granite Trust lofts. The latter will include more than 35,000 square feet of street retail...









Health IT Firm Leases 75,000-SF in Jamestown's Ponce City Market



athenahealth, Inc.(Nasdaq:ATHN), a fast-growing provider of electronic health record services, has leased 75,000 square feet to become the first office tenant in Jamestown Properties' Ponce City Market redevelopment project in Atlanta.

The Masschusetts-based company currently has approximately 140 employees in Alpharetta who will relocate to the Ponce City Market site when it opens in 2014. The company said it plans to add more than 500 workers...






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