by Lauren Shanesy – via CoStar If there are three words real estate professionals should consider heading into the next year, they are flexibility, convenience and resiliency. Those are the defining themes that came out of the annual Emerging Trends in Real Estate 2022 report, released last week by PwC and the Urban Land Institute. So, […]
by Ted Knutson | via The Globe St Climate change may trigger a significant shift in real estate demand, says a new report from the Urban Land Institute and Heitman, a real estate investment management firm. Real estate investors should continue to build their capacity to assess and manage migration-related and broader market-level investment risks […]
by Katherine Bindley and Chip Cutter | via The Wall Street Journal New survey of more than 10,000 knowledge workers found 95% want to set their own hours. Workers, flush with power as employers raise wages and scramble to fill open jobs, say they care even more about flexible schedules than whether or not they go into an […]
by Greg Ryan | via Boston Business Journal Commercial property sales hit a record high in the Boston market last year, making the Hub the top-performing real estate market on the East Coast second only to Atlanta, according to a new report from Real Capital Analytics. The region saw $25 billion in sales in 2021, […]
by Mikelle Leow “Guess how old I am” is one of the most infuriating icebreakers and often concludes with no winners—but might artificial intelligence beat humans at that game? German-owned grocery chain Aldi is betting its money on the machine at its first contactless concept store in Greenwich, southeast London, where age-estimation technology is being trialed. […]
Lawrence, MA – Oliver Street Capital, in a joint venture with an institutional capital partner, has acquired a 90,692 s/f warehouse/distribution center located in the Lawrence Industrial Park at 91-101 Glenn St. for $15.7 million. The asset is fully leased to Mainstream Global, a full-service reverse logistics solutions provider for computer and electronic equipment. […]
by Greg Ryan| via bizjournals.com Alexandria Real Estate Equities Inc. plans to construct three buildings with a mix of lab and office space at the Watertown Mall, according to a recently unveiled proposed master plan for the property. The proposal includes 500,000 square feet of lab and office space at the mall site, along […]
by Andy Medici| via bizjournals.com Restaurants that did not receive grants from the Restaurant Revitalization Fund are more likely to declare bankruptcy in the coming months — and the industry as a whole has suffered due to the Omicron variant. The bleak findings are from a January survey of 1,200 restaurants and bars by the […]
Boston, MA, January 25, 2022 – ABG Commercial Realty is proud to announce a lease agreement between LAB Minds LLC, from Somerville, MA and A.W. Perry Inc., at 20 Winthrop Square, Boston. Based in Cambridge, ABG’s Vice President, Stephanie Deering, brokered the lease for the 6,000 sf R&D/Lab office space in Boston. Upon completion of […]
by Lisa McDuffie| via connectcre.com Boston, MA-based Taurus Investment Holdings has acquired Wells Park, a three-building Class A-/ B+ office portfolio located in Newton, MA, for $92 million. The 377,696-square-foot multi-tenant space is 93% leased. The CBRE team of Scott Dragos, Chris Skeffington, Doug Jacoby, Anthony Hayes, Roy Sandeman, Tim Mulhall and Dan Hines arranged the sale […]
