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BANKER & TRADESMAN’S FAST 50

CRE Lending Powers Fast Community Bank Growth But as Rates Rise, So Does Caution By Diane McLaughlin Banker & Tradesman Staff Local banks and credit unions have emerged as big winners from the 65 percent year-over-year- growth in commercial mortgage volumes...

CRE Investment Volume Climbs 10% in Q2

Both gateway and Sun Belt markets recorded strong growth. U.S. commercial real estate investment volume rose 10 percent year-over-year in the second quarter of 2022, to $167 billion, with industrial and logistics investments providing nearly $32 billion of the total...

Cambria Hotel Boston Somerville opens its doors

By Boston Real Estate Times  Somerville, MA – Cambria Hotel Boston Somerville has opened its doors. Situated on the Somerville-Cambridge line, it converges with a unique moment in time for Somerville as it experiences a modern-day renaissance, and it adds to the...

Gibbons of Associated Brokerage Group brokers $15.7 million sale

  Lawrence, MA - Oliver Street Capital, in a joint venture with an institutional capital partner, has acquired a 90,692 s/f warehouse/distribution center located in the Lawrence Industrial Park at 91-101 Glenn St. for $15.7 million. The asset is fully leased to...

ABG Commercial Realty Brokers a Lease with Lab Minds for R&D/Lab Office Space in Post Office Square in Boston

Boston, MA, January 25, 2022 -   ABG Commercial Realty is proud to announce a lease agreement between LAB Minds LLC, from Somerville, MA and A.W. Perry Inc., at 20 Winthrop Square, Boston. Based in Cambridge, ABG’s Vice President, Stephanie Deering, brokered the lease...

ABG Commercial Brokers $21.5M Sale of Watertown Flex Building

Griffith Properties Will Transform Asset into Class A Lab Space in Emerging Life Science Market Watertown, MA, January 25, 2021 – Griffith Properties and partner, a fund controlled by DRA Advisors, have acquired a 145,000 SF flex/industrial property located at 580...

Associated Brokerage Group handles $23 million sale of Gentle Giant headquarters to DLJ Real Estate Capital Partners

Somerville, MA DLJ Real Estate Capital Partners has acquired the office/industrial headquarters site of moving company Gentle Giant for $23 million. The three acre parcel is adjacent to the 3.4 acre site DLJ acquired in a joint venture with Leggat McCall Properties...

ABG Commercial Brokers $13.5M Sale of 3.4 Acre Boynton Yards Site

  ABG’s Bernard Gibbons Represents Seller, Procures Buyer in Development Deal   Somerville, MA, November 19, 2018 – DLJ Real Estate Capital Partners, in a joint venture with Leggat McCall Properties (LMP), has acquired a 3.4 acre office/industrial site from...

SOLD: $7 Million | 1.31 Acres | Watertown, MA

  Boston Real Estate Times The Real Reporter Watertown, MA April 16, 2019: Bernard Gibbons of Associated Brokerage Group represented Empire Management in the $7 million sale of the property located at 66 Galen Street in Watertown to Boston Development Group....

ABG Commercial Real Estate Blog

Get the best industry information and insight with th ABG Commercial Realty blog.  

Wu floats long-awaited rent control proposal, but many hurdles remain

By Catherine Carlock and Emma Platoff Globe Staff,Updated January 18, 2023, 1:18 p.m In a bid to bring rent control back to Boston for the first time in three decades, Mayor Michelle Wu is readying a proposal that would limit allowable rent increases to 10 percent per...

Despite Near-Term Volatility, Multifamily’s Outlook is Promising

By Paul Bergeron | January 20, 2023 at 03:27 PM CP Capital says it’s best to focus on the future for multifamily investors, where fundamentals depict a bright outlook, coming off the past two volatile years that saw 2021 break records and 2022 pull back some. The firm...

Why Hybrid Work Will Reign in 2023

  FEATURED FACULTY Martine Haas AUTHOR Angie Basiouny Hybrid work is here to stay. That’s the prediction from Wharton management professor Martine Haas, who was asked to share what she thinks will be the biggest workplace trend of 2023. Although the mix of remote...

What’s Ahead for the U.S. Housing Market?

he U.S. housing market last year bore the brunt of higher mortgage rates that rode spiraling inflation in the broader economy, but that will change this year, according to Susan Wachter, Wharton professor of real estate and finance. “The Fed is using the housing...

Top Office Owners Don’t Want to Own Only Office Buildings Anymore

Many of the most prominent office developers in the U.S. are shifting gears, looking to buy or build real estate that isn’t office. Boston Properties Inc. is planning to develop 2,000 residential units up and down the East Coast. The firm, which owns more U.S. office...

Some retail tenants look to aggressively expand even amid uncertain economic outlook in 2023

Despite lingering uncertainty in the economy, some retailers are preparing to roll out robust expansion plans in 2023 and subsequent years. An analysis by Minneapolis-based commercial real estate firm Northmarq found, among several retail categories, which tenants...

Meet the guy whose algorithm could solve the crisis of America’s empty office space

In early 2020, Steven Paynter saw an opportunity. The principal at international architecture firm Gensler had spent a lot of time thinking about resiliency in architecture, focusing on making larger buildings out of wood rather than concrete and steel. But the...

MassChallenge offers space to laid-off tech workers

The state's largest startup accelerator is opening its doors to tech workers who have been recently laid off and are interested in giving entrepreneurship a shot. MassChallenge CEO Cait Brumme said in an interview last week that her team has been watching the...

Conversions of Office Buildings to Apartments, Labs and Hotels Have Captured Attention, But Activity Amounts to Just 2% of Overall Office Market

BOSTON–Conversions of outdated office buildings to other uses such as multifamily complexes, life sciences labs and hotels have garnered widespread attention as the office market adapts to hybrid work. Still, conversion projects in the works represent only a small...

Here are the Mass. companies with the biggest stock gains in 2022

Most of them develop drugs. One of them imports and sells fossil fuels. Another one sells sand. The 20 Massachusetts-based companies with the largest stock gains over the course of 2022 (as of Friday, Dec. 16) span a range of industries. But, as is the case in most...

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