North Brookfield
North Brookfield, MA · Business
TradingKey
Alexandria Q3 Loss Widens on Impairments as Leasing Strengthens
Alexandria Real Estate Equities reported a wider third-quarter loss after recording $637.9 million of real estate impairment charges, while adjusted funds from operations declined and lower occupancy weighed on same-property results. The life science real estate investment trust nevertheless maintained the midpoint of its 2026 adjusted FFO outlook, citing stronger leasing activity and continued efforts to reduce construction commitments and recycle capital. The company posted a GAAP net loss attributable to common stockholders of $638.5 million, or $3.74 per diluted share, for the quarter ended September 30, 2026. That compared with a loss of $234.9 million, or $1.38 per share, a year earlier. The impairments primarily involved properties classified as held for sale, including a Fenway development project and assets in Palo Alto, San Carlos and Austin. Alexandria said several of the affected properties would have required significant additional capital to complete, convert or lease. Funds from operations attributable to common stockholders were $269.1 million, or $1.57 per diluted share. Adjusted FFO, which excludes specified investment gains and losses, impairments and financing items, fell to $264.4 million, or $1.54 per share, from $377.8 million, or $2.22 per share, in the prior-year quarter. Total revenue declined 10.7% to $671.2 million, while
WPRI 12 News
Pawtucket mayor criticizes Hasbro CEO over ‘insulting’ remarks
newtonbeacon.org
At last, Turtle Lane Playhouse property has been sold
The Turtle Lane Playhouse’s long stay in property purgatory is just about over. The lot, an eyesore falling further and further into disrepair, was placed back onto the auction block Thursday, and according to the McLaughlin & Co., someone bought it. The identity of the new owner is not...
Dorchester Reporter
Developer cuts unit count, keeps 7-story plan on Christopher St.
The developers of a proposed apartment building on Christopher Street near Fields Corner have submitted revised plans that reduce the number of housing units from 108 to 99. The new plans alter the building’s design and reconfigure parking and traffic circulation in response to criticism from residents and city planners who offered a tough critique of the original proposal filed last June.
high-profile.com
Build Something Difficult Together: MassCEC’s Jim Stanislaski on Demonstration Projects, Climatetech, and the Power of a Hard Job Done Side by Side
Jim Stanislaski serves as managing director of Accelerating Decarbonization at the Massachusetts Clean Energy Center (MassCEC), where he leads a mission-driven team focused on three critical areas: buildings, a net zero power grid, and clean transportation. Jim, a licensed architect, will join the afternoon panel at the Built Leadership Forum on Nov. 16, the kickoff event of Boston Built Week, and I had the chance to ask him a few questions ahead of the forum about MassCEC’s work, what excites him in design and construction today, and how builders, designers, and climatetech innovators can forge stronger connections. Here is what he shared.
brooklinehub.com
Q2 Real Estate & Personal Property Taxes Due 11/2
Brookline Real Estate and Personal Property tax bills for Fiscal Year Quarter 2, were mailed on Wednesday, September 30 and are due on Monday, November 2. To ensure we receive your payment by the due date, we encourage residents to pay online at your convenience, in-person at Town Hall during business hours, or use the Treasurer’s drop box outside Town Hall anytime, day or night. All checks should be made payable to “Town of Brookline” and all payments should include the bill remittance slip and/or the bill number listed on the check.
pfonline.com
high-profile.com
Where the Capital Goes: HYM’s Tom O’Brien on Cost, Capital and the One Thing Boston’s Builders Need to Agree On
On Monday, Nov. 16, High-Profile hosts the Built Leadership Forum, a day built around one question: what gets built next, and who is going to lead it? The program starts with what leaders are seeing across capital and development, turns to how organizations are responding, and closes with where innovation has to move from innovation to impact. Every session is an intentionally crafted conversation delivering valuable insight from the region’s built leadership.
poetsandquantsforexecs.com
Exec Ed Roundup: Babson Gets NECHE Recognition, BITSoM Backs 35 AI Startups
Babson College has earned recognition from the New England Commission of Higher Education for the quality of its non-credit professional and executive education programs. The recognition comes a year after the Massachusetts college expanded its offerings for professionals, executives, entrepreneurs, and other adult learners. NECHE established its non-credit recognition process...
hoodline.com
Jamaica Plain's Blanchard's Liquors Set to Become a Kappy's After Decades Under One Family
A liquor store that has anchored 741 Centre St. in Jamaica Plain for generations could soon be wearing a new name. A Boston licensing notice shows that Blanchard's Liquors has petitioned to transfer its all-alcohol retail package-store license to JP Kappy's, Inc., doing business as Kappy's, setting up a potential rebrand at the longtime neighborhood address.
hoodline.com
Chelsea Eyes 162 Apartments Next to Market Basket in Major Housing Push
Market Basket and Chelsea officials have spent roughly a year quietly shaping a concept that could transform the grocery chain's 30-acre property into a mixed residential and retail district, complete with 162 new apartments steps from the store's front doors. The plan remains conceptual, with no developer signed on and no formal proposal filed, but it marks one of the most ambitious housing ideas the city has floated for the area west of Route 1.
connectcre.com
MassChallenge to Establish New Global Headquarters in Fenway
Global accelerator MassChallenge plans to relocate its world headquarters to 401 Park Dr. in Boston’s Fenway neighborhood. The move to the Alexandria Real Estate Equities-owned campus represents a relocation from the Seaport District, where it has been based since its founding in 2009. “When I think about MassChallenge’s history...
iamagazine.com
Boston Globe
‘Never truly lived in’: Michael Dell’s downtown Boston penthouse set for auction — at a discount
The tech mogul’s "extraordinary residence" is going for millions less than he paid for it. One of Boston’s best views could be yours — at a marked-down, bargain price of $6.5 million. Billionaire tech mogul Michael Dell is auctioning off his Millennium Tower penthouse in downtown Boston.
Patriot Ledger
36 condos could replace fire-damaged restaurant in Brant Rock
A local development team is working on plans to build up to 36 condominiums with commercial space on the first floor at the site of the Brant Rock restaurant 291 Ocean Street , the former Haddad's Ocean Cafe , which has been closed since August 2025 due to a fire. Gil Schipani said he and his co-developers, Ryan Frasca and Kristopher Proule, are under agreement to buy the site of 291 Ocean Street from the owners, Table Nine Hospitality Group . He said Frasca is a lifelong Marshfield resident and he and Proule have longstanding ties to the South Shore. “Our goals are in line with everyone else’s,” Schipani said of the developing plans. “It’s going to be a beautiful project that fits the neighborhood and has that coastal feel.” The group says it is working with neighbors and town officials to develop a plan that would not require any variances under the Brant Rock overlay zoning district. The project would still go to the zoning board for review. "We felt it was a prime spot to put our mark on the neighborhood," he said. "It has a lot of charming character, and that's why we all have spent so
FoodWorldNews
Starbucks Closes Summer Street and Faneuil Hall Cafes as Downtown Boston Coffee Drinkers Crowd Into the State Street Store
Starbucks has closed two more cafes in downtown Boston, at 125 Summer St. and at 8 N. Market St. by Faneuil Hall, the Boston Globe reported on Oct. 19. The closures happened in recent weeks, though the company has not said exactly when each store shut its doors. The result...