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 […]
by Greg Petro | via forbes.com Year three of the COVID-19 pandemic begins with the retail industry battle-weary but having weathered and, in some cases, even capitalized on an epic worst-case management crisis. The good news is that the retail apocalypse of 2020, having cleared the field of weak competitors, spurred surviving brands and companies […]
by Lisa McDuffie | via connectcre.com Boston led the country in office market recovery in October thanks to a high number of tenants in the market and strong leasing activity, according to CBRE’s monthly “Pulse of U.S. Office Demand” report. “The life science industry was once again a strong driver in Boston’s recovery, though we are […]
Changes in carrier decisions also play a part in a new flood insurance scene By Erik Sherman | Via globest.com A satellite image shows TD Bank Ballpark submerged in flood, after Hurricane Ida swept through the Bridgewater Township in New Jersey, September 2, 2021. Maxar Technologies | Handout via Reuters. Flooding is an ugly and […]
by Prashant Gopal | via Bloomberg.com U.S. apartment building sales have jumped to record levels, outpacing all other forms of commercial real estate. Deals totaled $241.9 billion in the 12 months through September, up 27% from the same period in 2019, according to a RealPage Inc. analysis of data from Real Capital Analytics Inc. going back […]
by: Gary Tasman | via NAIOP The COVID-19 pandemic has forced us all to re-evaluate the ways we conduct business, including remote work opportunities, surface sanitization, social distancing, human resources policies and indoor air quality. For those in the commercial leasing business, the concept of force majeure and how it applies to the pandemic is […]
by Kathryn Hamilton | via NAIOP A panel of experts took on the biggest challenges in industrial real estate in the closing panel of the first day of I.CON West 2021, held this week in Long Beach, California. From supply chain stressors to volatile pricing to labor shortages and building design, the issues seem bigger […]
by: Kathryn Hamilton 7 minute read The term “supply chain” was coined on June 4, 1982, when the Financial Times published an article that used it as a replacement for “production and inventory management.” Now a permanent part of our lexicon, looking back at just how the supply chain has grown and changed over four […]
by: Marie Ruff 6 minute read Within the thriving industrial real estate sector, the cold storage class of warehouses has attracted investor and developer attention as demand continues to grow for food and pharmaceutical delivery. Is the era of speculative cold storage upon us? A panel at NAIOP’s I.CON West in Long Beach, California, this […]
by: Neal Lappe 6 minute read Nearly every time you read about the top traits of successful salespeople you’ll find a section about qualifying buyers. In sales, the buyer is not the only one who should be making a decision. The salesperson has to decide how much time and energy to pursue the buyer. Too […]
