The latest commercial real estate figures have been published and Boston’s industrial market vacancy decreased to 10.6%. This marks a 0.3% decrease from a 10.9% vacancy rate in the third quarter. The vacancy rate for industrial properties has steadily from 11.1% in the first quarter of 2012. Flex project also experienced a decrease in vacancy […]
Figures for quarter 4 are out and Boston’s retail market remained relatively stagnant. In fact, the vacancy remained at a constant 4.4% between quarters and vacant subleased space only increased by a negligible 38,829 square feet. Over the past year, Boston’s retail market has experienced an overall decrease in vacancy rates from 4.5% in Q1 […]
Quarter 4 figures are out and Boston’s office market ended the quarter with a vacancy rate of 9.9%. The vacancy rate decreased from 10.2% during quarter three, indicating a higher demand for office space in the Boston area. In the first quarter of 2012, vacancy rates stood at 10.8% and have continued to decline steadily since. In […]
There is now an app available to iPhone users that allow you to keep taxi cab drivers in check. Many may know that some drivers take longer routes to hike up the fare, but this app, called Taxi Turvi, will allow you to calculate the optimal route. The smartphone app uses Google maps to provide […]
Would you ever consider living in a 295 square foot apartment? Growing US cities including Boston and San Francisco are trying to attract young professionals to the downtown area but the high housing prices make it difficult. A solution to this problem may be micro apartments. These units are tiny apartments with one main room […]
Commercial property tax has increased in and around the Boston area. The 2013 numbers are out and communities such as Everett, Framingham, and Holyoke experienced increases in their already sky high rates. Everett’s commercial property rate is much higher than any other city in the area at $43.04 for every $1,000 of assessed property value. […]
Mayor Menino announced plans to construct 30,000 new housing units in Boston by 2020.
Raymond Property Co. recently sold its headquarters in Boston’s Back Bay for $14.5 million
Mayor Menino announced today that the popular New York based grocery store Wegmans will be opening in the Fenway neighborhood.
Agent Bernard Gibbons of ABG Realty recently leased a 1,000 square-foot space on 314 Highland Ave. in Somerville to the Union Square Veterinary Clinic. The clinic signed a 5 year lease on the space. The Union Square Veterinary Clinic has been serving the Somerville community for over 15 years. They provide a wide range of services to ensure the […]
