Agents everywhere are bound to eventually face the task of turning a less than appealing office building into a place where tenants will be excited to work. The rising number of millennials entering the workforce has in turn created a rising demand for trendy, creative, yet efficient work spaces. While reinvigorating an old space […]
With the Seaport “Innovation District” drawing in industry leaders like Reebok and GE, growing tech startups are beginning to fill the space left behind downtown. The modernizing economic climate in Boston has created a greater appeal for the waterfront locale. With new models for collaborative work spaces, company headquarters, and housing, the Innovation District has […]
On March 15, the Federal Reserve announced their decision to raise the short-term interest rate to 0.75% – 1%. The Federal Reserve Report on Monetary Policy reports that rates are expected to continue rising to accommodate changes in labor market conditions, levels of inflation, and financial and international developments. The predicted trajectory for future rates […]
August, a month known for its relaxation and tapered turnaround pace, took an unexpected turn this year. The late summer month experienced more activity in the commercial real estate market than both the winter and spring seasons. Following a slow start to 2017, the leasing, absorption, and sales volume over the first three weeks of […]
As Boston undergoes a long-term growth strategy to develop and enhance specific neighborhood areas through community planning and land use, the commercial market demand for these areas will increase. The presence of major corporate residents has a cascading effect for corporate leasing opportunities with companies looking to expand their operational presence to attract top talent. Small […]
While the broad standards for business loans have remained unchanged, loan officers at U.S. banks reported tightening lending standards on commercial real estate loans and a weaker demand for both types. According to a quarterly survey conducted by the Federal Reserve, banks reported stricter standards for construction and land development loans as well as loans […]
As a standard in the construction industry, 3D printing, also known as additive manufacturing, refers to the processes used to create a three-dimensional object in which layers of material are formed under computer control to create an object. Objects can be of almost any shape or geometry and are produced using digital model data […]
Looking for a new way to save money and be more environmentally friendly? Smart windows have technology that can alter the tint of the window based on the weather. Currently in more than 1,300 buildings, these smart windows can either have active glass that lightens and tints in response to electricity or passive glass that […]
As Boston’s popularity and population grows the city has been looking for ways to deal with its shortage of available space. The city has historically been resistant to tall towers; however, it seems to be one of the few options to increase space. Building up current buildings will help the shortage and traffic. According […]
Commercial real estate has been slow moving towards going green. As the economic and financial benefits have become clearer, real estate developers are figuring out ways to build greener and convert their current buildings to be environmentally friendly. Clients and tenants are now seeking more eco-friendly buildings and requesting upgrades to buildings they […]
