The sales volume during the 4th quarter of 2013 rose 8% year-over-year with a 1% sales price growth. The cap rates averaged 8.7 percent in the 4thquarter, a 50 basis point decline from the third quarter, based on survey data from the National Association of REALTORS. Many of the survey respondents hold a positive attitude […]
In the past decade, the commercial real estate industry has been going through its ups and downs. From 2000 to 2010, large numbers of commercial real estate companies had been showing up but the industry revenue didn’t catch up with the speed of increasing companies. Then the winter came with the economic recession, busted the […]
1. A coffee house that matches with consumers’ lifestyles. If your sweet spot is located in an area crowded with colleges and offices, make a little effort to make the place comfortable for working and socializing. If your sweet spot is located in an area with significant high foot and car traffic, give some thought […]
Already finished the research about consumers and competitors in a specific area you want to jump in? Good! Then, it’s time to pick up a space to start your restaurant. The direct asking rent per square feet for a retail space normally is lower than a restaurant space. Renting a retail space seems a good […]
Office space in Cambridge is always in great demand. The overall vacancy rate of office market in Cambridge declined from 10.8% in 2012 to 9.0% in 2013. According to the Greater Boston Market Viewpoint Report conducted by Colliers International, the direct asking rent for Class A and Class B office in East Cambridge have both […]
You don’t need to worry about the cost of managing your investment if you know how to manage it efficiently by yourself. It is not an easy task even though you have good reliable tenants. You need to have basic understanding of money and safety issues, local municipal, and city and state laws. If you […]
President Obama released the budget of $100 million in federal fiscal year 2015 supporting the MBTA (Massachusetts Bay Transportation Authority) Green Line Extension project (GLX) which benefits the economy and environment of Somerville and Medford communities in the upcoming several years. “The Green Line Extension offers Somerville and the region both economic justice and environmental […]
The Business Monitor International upgraded their 2014 real GDP growth forecast from 2.7% to 2.8% with growth set to average 2.4% per year from 2013-2018. Our economy is recovering. With a growing external trade demand from the key US trade partners, including Canada, Mexico and the United Kingdom, both the industrial and office segments […]
Waiting for the new episode of the True Detective or Once Upon a Time? Consider yourself a mystery, history or architecture fan? Stretch your legs and get ready to explore the fascinating historical Cambridge Common Historic District on a sunny morning. The Cambridge Common Historic District is a historic district located in one of the […]
Driving through Cambridge you may have seen signs for Shen Yun 2014. Shen Yun Performing Arts will be holding events at the Citi Performing Arts Center, Wang Theatre from February 28th to March 2nd. This is an all-new 2014 show with a live performing orchestra. Shen Yun Performing Arts presents a classical Chinese dance and […]
