by admin | May 15, 2013 | Market Updates, Office
The redevelopment of the new World Trade Center reached a significant milestone last Friday, as construction workers added the final vertical piece to the puzzle. A 408-foot spire was placed atop One World Trade Center, which has 104 stories and now stands at an...
by admin | Apr 12, 2013 | Uncategorized
Bristol-Meyers Squibb, a pharmaceutical company based in New York, announced plans for a $250 million expansion in Devens. The expansion, motivated by tax incentives, will shift jobs from New York and New Jersey to the Bay State. The company plans to expand its...
by admin | Apr 2, 2013 | Development, Market Updates
Mayor of Providence, Angel Taveras, released an action plan for economic development on March 27th, 2013. In an open letter to his constituents, Taveras discusses the economic challenges Providence was faced with when he assumed office in 2011. “Unemployment was too...
by admin | Mar 28, 2013 | Retail
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...
by admin | Mar 26, 2013 | Development, Market Updates
Mayor Menino announced plans to construct 30,000 new housing units in Boston by 2020. Menino made this announcement before the Boston Municipal Research Bureau and said the city will work to prepare Boston “for the housing needs of all of our people, not just some of...
