April 18, 2025 - 20:14

CAMBRIDGE, Mass. — Moderna Inc. has initiated legal action against construction firm The Gutierrez Co., claiming that subpar workmanship at its manufacturing facility in Marlborough has led to significant water leaks, mold growth, and structural damage. The lawsuit highlights that the alleged deficiencies in construction not only compromised the integrity of the facility but also posed potential risks to the operations of the biotechnology company.
Moderna, known for its pivotal role in developing a COVID-19 vaccine, asserts that the issues stemming from the construction work have resulted in costly repairs and disruptions. The company is seeking damages to cover the expenses incurred from the necessary remediation efforts and to address the ongoing impact of the water damage and mold.
The lawsuit underscores the importance of quality control in construction projects, particularly in facilities that are critical to public health and safety. As the case unfolds, it may bring attention to industry standards and accountability in construction practices.
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Vancouver Real Estate Update: Office Show Suites and City Policy ShiftsA closer look at the trend driving my latest reporting for The Globe and Mail. This month I focused on the rise of office show suites, where developers finish out spaces before signing tenants,...
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S.F. ‘BUILD Act’ is a big tax cut for the wealthy. Let’s just be honest about it.Is the proposal to slash taxes on large real-estate transactions a bad idea? Not necessarily. Are its backers being honest about what it does? Not necessarily. The so-called BUILD Act, which would...
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Should Income Investors Look At Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Before Its Ex-Dividend?Income investors watching the Canadian real estate market may want to mark their calendars for Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN). The trust is set to go ex-dividend soon,...
May 24, 2026 - 01:24
PGIM: $260 Million Deployed As Real Estate Fund Completes 10th Property AcquisitionPGIM has deployed $260 million as its real estate fund closed on its 10th property acquisition. The latest purchase is The Arbor, a 127-unit residential community in the Riverdale section of the...