News: Brokerage

Simon Property Group files Draft Project Impact Report for Copley Place

Simon Property Group, Inc. has filed a Draft Project Impact Report with the Boston Redevelopment Authority for its proposed expansion and renovation of Copley Place. The filing follows the Project Notification Form submitted in June 2008 followed by numerous meetings with the appointed Citizens Advisory Committee, and various public agencies of the City of Boston to carefully review and discuss the project beginning in June 2008 and continuing through August 2011. Simon's $500 million project seeks to transform Copley Place from a retail and office destination into a mix-use development. Incorporating sustainable, transit-oriented, and smart growth design principles, this project will create 1,700 construction jobs and 270 permanent jobs for Boston's economy. The 47-story building will have 318 residential units and 115,000 s/f of new and expanded retail and restaurants. "The expansion of Neiman Marcus and Copley Place strengthens our retail destination in the Back Bay and contributes to the city's economic vitality," said Michael McCarty, executive vice president, development operations, Simon Property Group. "The project will enhance the urban fabric of the neighborhood and be a striking addition to the city's skyline." Simon's team of professionals to develop this project include Elkus/Manfredi Architects of Boston; Collaborative Partners, Inc. is the development project manager.
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Sullivan & Sullivan Auctioneers bringing Westborough Office Park to foreclosure auction October 23, 2026 at 12PM

Westborough, MA According to Marianne Sullivan, president of Sullivan & Sullivan Auctioneers, her firm will be bringing Westboro Executive Park to foreclosure auction on Friday, October 23, 2026 at 12PM. The offering consists of three buildings on three separate parcels totaling 244,335 s/f of mixed use space on 14.9 acres in the MetroWest Business Corridor.
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Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.