Posts Tagged ‘ New ’

Baltimore New Homes Increase in 2011

Baltimore new home construction was up 40% over 2010, which economists often see as a sign of a housing market recovery.

According to an article in the Baltimore Business Journal, the Greater Baltimore region jumped 40%, while the more local Baltimore-Towson region rose 6%.

The December 2011 data for contracts for future residential construction rising a very large amount — $116 million versus $39.2 million in December 2010.

Towson new homes under construction, I am sure, helped a lot with these local numbers. T

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January 25th, 2012  in Commercial Real Estate No Comments »

InVivo signs new Cambridge lease, plans new hires

InVivo Therapeutics Holdings Corp. (OTCBB: NVIV), a life sciences company focused on potential treatments for spinal cord injuries, has entered into a six-year lease for a new 21,000 square-foot headquarters at One Kendall Square in Cambridge. The company currently occupies offices at the Cambridge Innovation Center at 1 Broadway in Cambridge, and also a small facility in Medford devoted to manufacturing, with a total of 4,000 sq. ft. The company expects to move into the new facility – which will include offices, lab space and a “clean room” – in early 2012. Terms of the deal were not disclosed. The new facility will support upcoming human trials on potential treatments for spinal cord injuries, which are currently awaiting the go-ahead from the U.S. Food an

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December 16th, 2011  in Real Estate Trends No Comments »