By Kate King A growing number of retailers in city office districts are relocating their businesses to the suburbs, where visits to shopping centers are on the rise as fewer people commute to downtown workplaces. With average office usage rates still only around half of where they stood before the pandemic in many major cities, many bars, restaurants and other […]
By Greg Ryan Consigli Construction Co. last week topped off a nine-story lab building under development from CV Properties and Cannon Hill Capital Partners in Somerville’s Union Square. Boynton Gateway, as the 336,000-square-foot project located at 495 Columbia St. is known, is one of several lab projects at various stages of development in the neighborhood. Union […]
By James McCown CAMBRIDGE — “In the city there must be regularity and fantasy, relationships and oppositions, and casual and unexpected elements to vary the scene,” wrote Marc-Antoine Laugier, an 18th-century Jesuit and arguably the world’s first architecture critic, having penned the seminal Essai Sur l’Architecture in 1753. His advice holds true today. Cities must be […]
By Nathaniel Meyersohn, CNN In the 1980s, a new type of specialty retail chain started to emerge: “category killers.” The stores’ powerhouse business model was aimed at giving shoppers access to every different size, style and color of a product imaginable – all in one place and at reduced prices. Category killers, which began to dominate […]
By Richard Berger Amid the backdrop of economic uncertainty and high-interest rates, Keyway released a new report on how commercial real estate sectors have performed historically during an economic downturn. Looking back at the Great Recession of 2008, Keyway uncovered trendlines about commercial real estate sub-sectors that performed best then and how they could again […]
By Erik Sherman In the closing of First Republic Bank by the Federal Deposit Insurance Corporation and its sale to JPMorgan Chase, there was mention of a loss-share transaction for loans. Both the FDIC and JPMorgan Chase will share costs and potential recoveries from single family, residential, and commercial loans that the bank bought from First Republic. […]
By Natalie Lung and Crystal Chui Big Tech earnings this week will offer investors a dose of reality following this year’s impressive gains in the sector that were powered by hype over artificial intelligence. Analysts are expecting tech profits to register the biggest drop since 2009, with businesses curbing spending on software, cloud and advertising services as they’re pinched […]
Inflation and fast-rising interest rates are taking their toll on commercial real estate transactions in Greater Boston. Real estate investors bought $4.6 billion in commercial properties in the Boston metro area in the third quarter, a 27% decline from the same three-month period in 2021, according to new data from MSCI Real Assets. It’s only […]
