Many of the most prominent office developers in the U.S. are shifting gears, looking to buy or build real estate that isn’t office. Boston Properties Inc. is planning to develop 2,000 residential units up and down the East Coast. The firm, which owns more U.S. office space than any other publicly traded company, also is developing […]
Despite lingering uncertainty in the economy, some retailers are preparing to roll out robust expansion plans in 2023 and subsequent years. An analysis by Minneapolis-based commercial real estate firm Northmarq found, among several retail categories, which tenants have plans to expand in the coming years. Most identified retailers expect to add dozens of new locations […]
In early 2020, Steven Paynter saw an opportunity. The principal at international architecture firm Gensler had spent a lot of time thinking about resiliency in architecture, focusing on making larger buildings out of wood rather than concrete and steel. But the pandemic, and the glut of empty office space it brought with it, presented a new opportunity […]
The state’s largest startup accelerator is opening its doors to tech workers who have been recently laid off and are interested in giving entrepreneurship a shot. MassChallenge CEO Cait Brumme said in an interview last week that her team has been watching the day-by-day announcements around downsizings within the tech sector, which in recent weeks have impacted thousands […]
BOSTON–Conversions of outdated office buildings to other uses such as multifamily complexes, life sciences labs and hotels have garnered widespread attention as the office market adapts to hybrid work. Still, conversion projects in the works represent only a small fraction of the overall market, according to a new report from CBRE. CBRE’s analysis found 218 […]
Most of them develop drugs. One of them imports and sells fossil fuels. Another one sells sand. The 20 Massachusetts-based companies with the largest stock gains over the course of 2022 (as of Friday, Dec. 16) span a range of industries. But, as is the case in most years, the majority are small biotech companies […]
The sharp decline in office building values is likely to become a growing problem for the budgets of cities, schools and other jurisdictions that depend heavily on property taxes from these building owners. Most municipal budgets haven’t suffered much yet. For a variety of reasons, declines in property values typically take years before they are […]
Consumer prices in the United States rose at an annualized rate of 7.7 percent in October, the ninth straight month above seven percent, thanks to still surging demand and stumbling supply. All eyes are fixed on the U.S. Federal Reserve to cool demand by hiking interest rates. But monetary policy has always worked with long and […]
United Airlines is pushing a big pile of chips into the middle of the table on its bet that there will be a full recovery of international travel—by Americans—in 2023. Unfortunately for the US hotel and hospitality industry, the surge in Americans traveling to Europe may be a one-way street in terms of tourism, as […]
By Hannah Green – Inno Reporter December 07, 2022, 09:54am EST Updated 12/07/2022 2:07 pm For self-described “space nerds” like Mari Anne Snow and Yupeng Chen, being approached by NASA to fund an in-space manufacturing project of their company’s technology was a thrilling moment. “You can imagine, every day we pinch ourselves and go, is this really happening?” Snow said. […]
