By Jack Rogers | April 25, 2023 at 04:10 PM In a sign that one of the strongest life sciences markets in the US is weakening, Alexandria Real Estate Equities is offering for sale a suburban Boston office complex valued at $170 million, a 28% discount, after a softening market changed plans to convert the property to life […]
By Natalie Lung and Crystal Chui Big Tech earnings this week will offer investors a dose of reality following this year’s impressive gains in the sector that were powered by hype over artificial intelligence. Analysts are expecting tech profits to register the biggest drop since 2009, with businesses curbing spending on software, cloud and advertising services as they’re pinched […]
Daphne Howland Senior Reporter Dive Brief: Dive Insight: Founded in 1971, Bed Bath & Beyond is one of the original “category killers” — retailers that took advantage of department stores’ declining appeal to establish specialty stores offering discount prices. The home goods company went public in 1992 and its revenues surpassed $1 billion by 1999, per its court […]
By Jack Rogers | April 17, 2023 at 07:50 AM The last time we talked to Bert Van Hoof, president and chief operating officer of Willow, Bert told us in December that WillowTwin was linking with Microsoft’s Sustainability Cloud to develop an AI-driven intelligent rules engine designed to integrate building systems and replicate the knowledge of aging operators. […]
By Lynn Pollack | February 23, 2023 at 05:53 PM Massachusetts has the lowest vacancy rate of rental homes in a recent study, followed by Maine, Utah, Kentucky, and Montana. According to TexasRealEstateSource.com, utilizing US Census Bureau data, Massachusetts has the tightest vacancy rate for rental properties at 2.8%, followed by Maine at 2.9%, Utah at 3%, Kentucky at […]
By Andrew Brinker Globe Correspondent,Updated March 2, 2023, 6:25 p.m Ever since word spread through Braintree of a 495-unit apartment complex proposed at the South Shore Plaza, an organized opposition campaign has been ramping up. Lawn signs decrying the “monster project” are appearing around town, and some residents are urging the Planning Board to deny the […]
Today, the Biden-Harris Administration announced its latest set of actions aimed at creating a convenient, reliable and Made-in-America electric vehicle (EV) charging network so that the great American road trip can be electrified. These steps will help the United States meet President Biden’s ambitious goals to confront the climate crisis, by building a national network […]
By Will Parker Updated Feb. 27, 2023 2:00 pm ET Apartment rents fell in every major metropolitan area in the U.S. over the past six months through January, a trend that is poised to continue as the biggest delivery of new apartments in nearly four decades is slated for this year. Renters with new leases in January paid […]
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, Feb 6, 2023 A growing spread between starting and effective rents illustrates how office landlords — even among coveted Class A buildings — are seeing their rental income eroded as the office market remains squarely in favor of tenants. It represents another challenge facing the office market, […]
02/08/2023 | by John Barwick REITs posted their strongest returns since January 2019 and outperformed broader markets, as the FTSE Nareit All Equity REITs index rose 10.1% and the FTSE Nareit Equity REITs index gained 10.7%. Broader markets rose as well, as the Dow Jones U.S. Total Stock Market and Russell 1000 gained 7.0% and […]
