Julian Lewis of ABG Realty recently leased 2,750 square feet of retail space on 655 Eastern Ave in Malden to Parisian Style Beauty Supplies. Parisian Style signed a 5 year lease for the space in Route 60 Plaza, with an expected opening date of September 1st. It will be relocating from their current location of […]
Q1 2013 Office Trends from Reis Reports Here are some significant and noteworthy trends from the Office 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 office vacancy rate declined 0.1% to 17% at the end of the quarter, […]
Julian Lewis of ABG Realty recently represented Redbones in the transaction of 333-339 Commercial Street in Malden. As a result of the transaction, Redbones is excited to announce that they are opening up a second location on Commercial Street in Malden! The famous Southern barbeque restaurant signed a 10-year lease for the 9,000 square-foot building formerly occupied by Rosebud […]
Dozens of startup companies have found a new destination for affordable office space: Downtown Crossing. The more popular destinations, such as Boston’s Seaport/Innovation District and Kendall Square in Cambridge, have proven too expensive for these emerging companies. The 1.4 million square foot Downtown Crossing submarket is better known as the hub of department store shopping […]
Together with the Somerville Chamber of Commerce, ABG Realty sponsored a networking event last Thursday at the Winter Hill Yacht Club in Somerville, located on a beautiful wharf on the edge of the Mystic River. This marked the first occasion that the Yacht Club opened its doors to the public, and ABG was glad to […]
Commercial real estate firm Cassidy Turley recently relocated its Minneapolis headquarters to the IDS Center in downtown Minneapolis. Prior to this move, Cassidy Turley engaged its younger employees – known as millennials – in the office space conversation to gain an idea of what they had in mind for the future of the company. Millennials […]
Adding to the growing concentration of startup companies expanding to Boston, Nasuni Corporation is opening up a second office in the Hub. Currently headquartered in Natick, Nasuni’s new sales and marketing office at 101 Arch Street is expected to open as early as July 1st. Nasuni is a storage vendor known for introducing Storage Infrastructure-as-a […]
Boston-based real estate investment and development firm Synergy Investments is continuing its spending spree, partnering with DivcoWest to buy a pair of office buildings and a parking garage in Boston’s Seaport District. Synergy is paying The Archon Group $53 million for the sale of these three properties. The properties include 319 A Street, a 48,000-square-foot […]
Epizyme Inc, a Cambridge-based cancer drug company, commenced public trading last Friday. The biotech listed its initial public offering at $15 a share on the Nasdaq, under the ticker symbol “EPZM.” The rapidly-growing oncology company is offering 5.1 million shares, with the IPO expected to raise $88.8 million if all shares are sold. While only […]
The U.S District Court in Boston came to a ruling yesterday regarding the patent infringement lawsuit filed by Rogers Family Co. against Keurig, a Reading-based manufacturer of coffee brewers that is a subsidiary of Green Mountain Coffee Roasters. Rogers Family Co, a coffee company located in California, launched the OneCup line in 2011. The OneCup […]
