Taylor Driscoll

1 week ago | bisnow.com | Taylor Driscoll

A Catholic, nonprofit healthcare provider reached an agreement on an acquisition that would dramatically expand its portfolio. St. Louis, Missouri-based Ascension is acquiring AmSurg in a deal that would add 250 ambulatory surgery centers across 34 states to its portfolio, Ascension announced this week. It didn't disclose the price, but Bloomberg reported the deal is expected to total $3.9B.

1 week ago | bisnow.com | Taylor Driscoll

A biotech firm has expanded its global headquarters in Cambridge. QurAlis opened a new 30K SF office at 35 Cambridgepark Drive in Cambridge, doubling its previous space in the Alewife neighborhood, it announced Wednesday. It was previously located at nearby 100 Cambridgepark Drive. More than a third of its new facility is lab space. The firm specializes in research on amyotrophic lateral sclerosis, or ALS, also known as Lou Gehrig's disease.

1 week ago | bisnow.com | Taylor Driscoll

As Boston's office market continues to gradually recover from the pandemic, a flurry of law firms with workers back in the office and upcoming lease expirations are driving deal activity. The law firm sector during the year ending in May signed around 800K SF of leases in Boston, representing 332% demand growth from the prior year, according to Avison Young.

1 week ago | bisnow.com | Taylor Driscoll

The Senate Finance Committee on Monday released its version of the massive tax and spending bill that President Donald Trump is pushing for, and it includes a new provision to make the opportunity zone program permanent. In the draft bill spearheaded by the committee's chairman, Mike Crapo, the opportunity zone program would become a permanent part of the tax code, with fresh designations every 10 years. The first new cycle would begin on July 1, 2026, and would go into effect in January 2027.

1 week ago | bisnow.com | Taylor Driscoll

A large multifamily investor sold off an active adult apartment community in southern Massachusetts. San Francisco-based FPA Multifamily sold a 99-unit apartment community for adults 55 and older in Easton for $33M, CBRE announced Monday. It said the buyer was an "unnamed institutional investor," and property records show it sold to an entity with the same address as J.P. Morgan Asset Management. The apartment community, known as Zen Easton, was built in 2003 by Douglas A.