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Latest sign of lab space woes: Wellesley building auctions at big loss
Latest sign of lab space woes: Wellesley building auctions at big loss

Boston Globe

time3 days ago

  • Business
  • Boston Globe

Latest sign of lab space woes: Wellesley building auctions at big loss

Lab vacancy in Greater Boston hit 25.8 percent in the second quarter, a staggering increase from three years ago, when it was less than 2 percent, according to recent research from brokerage CBRE. 'The Greater Boston life sciences market continues to face uncertainty as persistent headwinds weigh heavily on tenant demand,' CBRE's report said. 'Tenants now have more lab and office opportunities to select from than ever before.' Advertisement Some of the pressures weighing on real estate decisions include The building had been owned by Boston-based developer Beacon Capital Partners, which operates a 750,000-square-foot creative office and lab building, as well as several downtown office buildings (including the Globe's current home at 53 State St.). Related : Advertisement The firm acquired Wellesley Gateway North in fall 2021 for an undisclosed price, and said in a statement the property is a 'high-quality, well-located asset with many features that are attractive to a diverse range of tenants.' An affiliate of the developer in May 2022 took out an $86.7 million mortgage on the 15.7-acre property from TIAA's real estate arm, according to Norfolk County property records. And since its acquisition, Beacon converted a portion of the property to life-science lab space and upgraded its cafe, lobby, fitness center and common areas. The Wellesley Gateway North property was most recently assessed at $121 million, up from an assessed value of $106 million when Beacon acquired the property, The property is about 55 percent occupied, according to research from real estate brokerage Hunneman, with office tenants including Aetna, the American Heart Association, and Equitable Advisors. 'Our investment in the property has faced significant headwinds over the last couple of years, primarily due to the pullback in life science and the high-interest rate environment,' a Beacon spokesperson said in an emailed statement. Beacon worked with its lender for more than a year to restructure its loan, 'but unfortunately have not been able to reach a mutually agreeable resolution,' the company said in a statement. Catherine Carlock can be reached at

German backpacker who survived nearly two weeks lost in the Australian wilderness reveals new health update from hospital
German backpacker who survived nearly two weeks lost in the Australian wilderness reveals new health update from hospital

Daily Mail​

time6 days ago

  • Daily Mail​

German backpacker who survived nearly two weeks lost in the Australian wilderness reveals new health update from hospital

A German backpacker who spent 12 days lost in the West Australian Outback after abandoning her bogged van lost more than 10kg during the ordeal. Carolina Wilga was found by a driver on Friday after disappearing on June 29 near the remote WA town of Beacon, about 300km northeast of Perth. For the first time since her miraculous discovery, the 26-year-old returned to social media on Tuesday in a series of posts shared from the bed of a Perth hospital. Ms Wilga playfully smiled while holding a bunch of flowers in one image, surrounded by a vast array of food. 'When you need to gain 12 kilograms back,' the Instagram caption read. The second image is a close-up of the tasty delicacies, including chocolate and pastries. 'Thanks to the German Consulate,' its caption said. Police triggered a desperate search for the missing backpacker by land and air after friends and family reported her missing. She was last seen at about midday on June 29 at a general store in Beacon, a small town about 300km north-east of Perth. Authorities found her van abandoned in the Karroun Hill area - about 50km northeast - on Thursday with fears the young backpacker may have met a grim end. On Friday, she was found walking barefoot on an unsealed access road by local farmer Tania Henley about 24km from her car. In a statement shared by WA Police on Monday, Ms Wilga thanked Ms Henley as a 'rescuer and angel'. She also recounted the events leading to her discovery. 'Some people might wonder why I even left my car, even though I had water, food and clothing there,' she said in the statement issued by WA Police. 'The answer is: I lost control of the car and rolled down a slope. In the crash, I hit my head significantly. 'As a result of the accident, I left my car in a state of confusion and got lost.' Police have revealed Ms Wilga was able to survive the 11 nights in the remote outback by drinking water from puddles and rationing the limited food she'd brought with her. She found whatever shelter she could at night to protect herself from freezing conditions, including a cave. Ms Wilga suffered cuts, bruises, dehydration and fatigue during her ordeal in bushland, where overnight temperatures fell to almost freezing. Police Commissioner Col Blanch said Ms Wilga's survival was remarkable given the amount of time she had spent in the wilderness. 'That's not something you would ordinarily expect, particularly in regional WA,' Mr Blanch told 6PR radio. 'To meet Tania on the road just at that moment (was) extraordinary luck.' Family and friends of Ms Wilga rejoiced at the news of her finally being found on Friday. Five of her friends were waiting for her outside the hospital and told reporters they planned to take her out for a pub feed once she recovered. 'We just heard from the news that she was found and alive, which had everyone excited,' friend and fellow traveller Miranda told the West Australian. She said Ms Wilga's parents 'couldn't believe' their daughter had been found. 'They almost couldn't believe it, but yeah, they were just overwhelmed with happiness,' she said. Ms Wilga believes she survived because of an 'incredible outpouring of support'. 'The thought of all the people who believed in me, searched for me, and kept hoping for me gave me the strength to carry on during my darkest moments,' she said.

German tourist found alive 12 days after she was lost in the Australian Outback
German tourist found alive 12 days after she was lost in the Australian Outback

CTV News

time14-07-2025

  • CTV News

German tourist found alive 12 days after she was lost in the Australian Outback

Police prepare to search for German backpacker Carolina Wilga in Beacon, Western Australia on July 11, 2025. (ABC News via AP) MELBOURNE, Australia — German tourist Carolina Wilga was found alive in Australia's remote Outback on Friday, 12 days after she went missing and a day after her abandoned van was discovered, police said. The last known sighting of the 26-year-old backpacker, and the last day family and friends heard from her, was June 29. She was seen a general store in the wheat farming town of Beacon, 320 kilometres (200 miles) northeast of the Western Australia state capital Perth. Beacon had a population of 123 during the 2021 census. A member of the public found Wilga wandering on a forest trail late Friday, Western Australia Police Force Insp. Martin Glynn said. She was in a 'fragile' state but had no serious injuries and was flown to a hospital in Perth for treatment, Glynn told reporters. 'I think once we do hear her story, it will be a remarkable story,' Glynn said, adding it was a 'great result' for the backpacker's family and those involved in the search. 'You know, she's obviously coped in some amazing conditions,' he said. 'There's a very hostile environment out there, both from flora and fauna. It's a really, really challenging environment to cope in.' Police assume backpacker became stuck June 29 The reserve where Wilga was lost covers more than 300,000 hectares (740,000 acres). The Thursday-Friday overnight temperature was 2.6 C (36.7 F) in the area with no rain. The crew of a police helicopter spotted her van Thursday in wilderness in the Karroun Hill Nature Reserve, 36 kilometres (22 miles) north of Beacon, Glynn said. 'Very difficult country. Huge area. So it's a miracle they've actually spotted the car, to be honest,' Glynn told reporters before she was found. Ground searchers on Friday scoured a heavily wooded radius of 300 metres (1,000 feet) beyond the van. Police assume Wilga's van, a 1995 Mitsubishi Delica Star Wagon, became stuck in mud on the day she left Beacon, Glynn said. The van, which has solar panels and reserves of drinking water, had recovery boards under its rear wheels that are used to give vehicles traction when they are stuck. Police believed Wilga became lost and was not the victim of crime. Australian serial killer Ivan Milat, who died in prison in 2019, notoriously kidnapped and murdered seven backpackers from 1989 to 1992 including three Germans, two Britons and two Australians. Rod Mcguirk, The Associated Press

Rescued German backpacker details Australia bush ordeal
Rescued German backpacker details Australia bush ordeal

CNA

time14-07-2025

  • CNA

Rescued German backpacker details Australia bush ordeal

SYDNEY: A German backpacker who survived 11 nights in the Australian bush described on Monday (Jul 14) how she got lost and confused after crashing her car. Carolina Wilga, 26, was found on a scarcely used track in Western Australia late last week miles from her vehicle after going missing in remote bushland, and police said she was lucky to have survived. They found her abandoned van stuck in dense bushland north of the town of Beacon, with plastic orange traction boards placed beneath the rear wheels. "Some people might wonder why I even left my car, even though I had water, food, and clothing there," Wilga said Monday in a statement issued through Western Australia Police. "The answer is: I lost control of the car and rolled down a slope. "In the crash, I hit my head significantly. As a result of the accident, I left my car in a state of confusion and got lost." Wilga thanked those who had helped to track her down. "The thought of all the people who believed in me, searched for me, and kept hoping for me gave me the strength to carry on during my darkest moments," she said. "For this, I want to say thank you from the bottom of my heart." Hungry, thirsty and covered in insect bites, Wilga was airlifted to a Perth hospital for treatment after she was found on Friday. The backpacker had lost hope of being rescued, police said. "She spent 11 nights exposed to the elements and survived by consuming the minimal food supplies she had in her possession, and drinking water from rain and puddles," Western Australia police said last week. "She sought shelter at night where possible, including in a cave." Wilga was suffering from exhaustion, dehydration, sunburn, "extensive insect bites", and an injured foot, police said. The driver who spotted her, Tania Henley, told public broadcaster ABC that she saw Wilga waving her hands by the side of the road. She appeared to be in a "fragile state", bitten by midges and suffering from the cold. "Everything in this bush is very prickly. I just can't believe that she survived. She had no shoes on, she'd wrapped her foot up," Henley said.

Rescued German backpacker details Australia bush ordeal
Rescued German backpacker details Australia bush ordeal

France 24

time14-07-2025

  • France 24

Rescued German backpacker details Australia bush ordeal

Carolina Wilga, 26, was found on a scarcely used track in Western Australia late last week miles from her vehicle after going missing in remote bushland, and police said she was lucky to have survived. They found her abandoned van stuck in dense bushland north of the town of Beacon, with plastic orange traction boards placed beneath the rear wheels. "Some people might wonder why I even left my car, even though I had water, food, and clothing there," Wilga said Monday in a statement issued through Western Australia Police. "The answer is: I lost control of the car and rolled down a slope. "In the crash, I hit my head significantly. As a result of the accident, I left my car in a state of confusion and got lost." Wilga thanked those who had helped to track her down. "The thought of all the people who believed in me, searched for me, and kept hoping for me gave me the strength to carry on during my darkest moments," she said. "For this, I want to say thank you from the bottom of my heart." Hungry, thirsty and covered in insect bites, Wilga was airlifted to a Perth hospital for treatment after she was found on Friday. The backpacker had lost hope of being rescued, police said. "She spent 11 nights exposed to the elements and survived by consuming the minimal food supplies she had in her possession, and drinking water from rain and puddles," Western Australia police said last week. "She sought shelter at night where possible, including in a cave." Wilga was suffering from exhaustion, dehydration, sunburn, "extensive insect bites", and an injured foot, police said. The driver who spotted her, Tania Henley, told public broadcaster ABC that she saw Wilga waving her hands by the side of the road. She appeared to be in a "fragile state", bitten by midges and suffering from the cold. "Everything in this bush is very prickly. I just can't believe that she survived. She had no shoes on, she'd wrapped her foot up," Henley said. Until her rescue, she had been last seen on June 29 arriving in the van at a general store in Beacon.

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