East Boston Savings Bank’s Somerville Branch officially broke ground on Wednesday, August 28th, 2013. Bernard Gibbons of ABG Realty represented both buyer and seller in the transaction of 37 Union Square, which was leased earlier this year. Gibbons also represented the space’s former tenant, Union Square Veterinary Clinic, in moving to its current location on […]
If your business is not optimized for smartphones, you may as well pack up the office now. Recent data from Pew Research indicates that 56 percent of Americans now use smartphones. Presumably that 56 percent also uses mobile apps to stay connected. To stay relevant, your business needs a mobile app to maximize marketing, customer […]
Q2 2013 Apartment Trends from Reis Reports by Kevin Friedman The apartment sector has seen very strong vacancy decreases (down 0.2% to 4.3% from the end of 2012). Rents increases have also been solid, rising by 0.5% this quarter. These numbers may not last too far into the future, partly due to the increase in […]
Reis Reports Q1 2013 Retail Trends written by Kevin Friedman. Here are some significant and noteworthy trends from the Retail sector of commercial real estate in the first quarter of 2013, as explained by Dr. Victor Calanog, VP of Economics and Research at ReisReports. The retail sector, which only began to visibly display signs of healing in 2012, […]
Reis Reports Q1 2013 Industrial Trends written by Kevin Friedman. Here are some significant and noteworthy trends from the Industrial sector of commercial real estate in the first quarter of 2013, as explained by Dr. Victor Calanog, VP of Economics and Research at ReisReports. * Industrial property vacancy rates remained in decline in the first quarter of 2013, […]
Log onto a website, and chances are it’s hosted by WordPress. More than 73 million websites use it, according to Yoast. The sheer flexibility of WordPress served it well in its rise to dominance, as it isn’t typecast into being “just” a blogging script. It can also power a magazine website, e-commerce stores and enterprise intranets. […]
Last month, we blogged about how corporate culture is changing, thanks to the influence of a new generation of employees. It turns out millennials are not the only ones in favor of centralized locations and “open space” office designs. Leadership at companies such as Biogen Idec recognized the merits of this new layout and have […]
The amount of available office space in Boston’s Financial District has reached a five-year-low. While much of this can be credited to the ongoing economic recovery, brokers attribute the rebound to the influx of companies moving downtown. With limited available space and rents still as high as $50 per square foot in Kendall Square and […]
In what is excellent news for the Bay State from both an economic and environmental standpoint, the Massachusetts Clean Energy Center recently made an offer of $1 million to support energy-efficient retrofits for affordable multifamily housing developments. The MassCEC was created in 2008 for this exact purpose. They aim to accelerate the Commonwealth’s clean energy […]
Entrepreneurs are problems solvers. The first challenge they face is getting their arms wrapped around their own projects. Luckily, many successful people are willing to share their own stories and tips. They remember their early days in business when there seemed to be an overwhelming number of details to consider. If you’re ready to embark […]
