By Maria Eloisa Capurro and Amara Omeokwe Federal Reserve Governor Lisa Cook called the July jobs report “concerning,” and said it could signal an inflection point for the US economy. “These revisions are somewhat typical of turning points,” Cook said Wednesday during a moderated discussion organized by the Boston Fed. Data published last week pointed to a sharp […]
By Ben Casselman Economic growth softened in the first half of the year, as tariffs and uncertainty upended business plans and scrambled consumers’ spending decisions. Gross domestic product, adjusted for inflation, increased at a 3 percent annual rate in the second quarter, the Commerce Department said on Wednesday. That topped forecasters’ expectations and appeared to […]
By Lucia Maffei Google and Massachusetts-Based CFS Advance Commercial Fusion Energy The promise of fusion energy—clean, limitless power—is gaining urgency as AI technologies demand massive computational energy. Commonwealth Fusion Systems (CFS), based in Devens, Massachusetts, announced Monday a deepened partnership with Google, which plans to purchase 200 megawatts of fusion power from the MIT spinoff. Google […]
By Victor Rodriguez Manhattan Office Market Surges Beyond Pre-Pandemic Levels In a first, new leases for initial six months of 2025 surpass some years leading up to pandemic The Manhattan office market is showing remarkable strength, with new leasing in the first half of 2025 surpassing levels seen in many years before the pandemic. CoStar reports […]
By Grant Welker Boston Office Market Showing Early Signs of Recovery Two key metrics suggest Boston’s office market may be turning a corner. Vacancy rates in the city have declined for the fourth consecutive quarter, and leasing activity has reached its highest level since 2019. According to JLL, the city’s office vacancy currently stands at 21.1%, […]
By Hannah Green – Reporter, Boston Business Journal Boston Lab Market Sees Second Quarter Uptick Despite High Vacancies Boston’s life sciences real estate market showed signs of recovery in Q2 2025, with 19 lab leases signed, more than doubling the eight leases recorded in Q1, according to JLL. Notable deals included Mariana Oncology adding 30,000 square feet […]
By Grant Welker – Projects Reporter, Boston Business Journal Developer and Sal’s Pizza founder Sal Lupoli is launching a major mixed-use project in Littleton, transforming a former IBM office campus into King Street Common — a 50-acre development with more than 1,000 housing units, 115,000 square feet of retail and restaurant space, and a 150-room hotel. The […]
By MARTHA BELLISLE Washington state has enacted new rent stabilization laws, becoming one of the first states to set firm limits on rent increases to protect tenants. Signed by Gov. Bob Ferguson, House Bill 1217 caps rent hikes at 7% plus inflation or 10% (whichever is lower) and includes single-family homes and manufactured housing, the latter […]
by Kim O’Brien While we are still firmly in the most prolific apartment building cycle in U.S. history, supply volumes have finally peaked. The first time apartment supply volumes hit a historic peak was back in 2nd quarter 2023, when quarterly completions surpassed 100,000 units for the first time since RealPage Market Analytics began monitoring the market […]
Activity surges to highest level in more than five years By Phil Mobley Growing economic uncertainty was not enough to stem the tide of tenants’ appetite for U.S. office space in the first quarter of the year. Office-seeking companies leased an estimated 115 million square feet in the first three months of 2025, according to preliminary […]
