Development

Historic Theaters Hit the Market

Two historic Greater Boston theaters are on the market for $12 million each,but the beloved venues inside aren’t going anywhere just yet. The sale of the Somerville Theatre and Capitol Theatre buildings highlights the intersection of commercial real estate investment, historic preservation, and the future of longstanding cultural institutions.

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Side by side comparison of 40 thorndike street before and after renovations.

Cambridge Office Tower Sells for $1

A newly redeveloped East Cambridge office tower has transferred to Brookfield for a reported $1, along with nearly $232 million in outstanding construction debt. The sale of 40 Thorndike Street highlights the ongoing challenges and shifting dynamics shaping Greater Boston’s office market.

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Balancing Growth and Integration: Evaluating Competing Development Proposals at 90 Washington Street in Somerville

Somerville is currently evaluating two redevelopment proposals for 90 Washington Street, a four-acre site in the Inner Belt district near the MBTA’s East Somerville Green Line station. According to the Boston Business Journal, the decision is being made under meaningful financial pressure, with the city looking to recoup a roughly $30 million gap tied to its acquisition of the property…

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Another Battle at Bunker Hill? A Long, Complicated Story of Boston’s Largest Public Housing Redevelopment

If you live in Charlestown (or have driven past the brick buildings near Bunker Hill Street…) you have likely heard about the Bunker Hill Housing Redevelopment. Depending on who is telling the story, it is either the future of public housing in Boston or a project that seems to take forever to get off the ground. In truth, it is both. The redevelopment is the largest public housing transformation ever undertaken in the city, and it has unfolded slowly because of its scale, complexity, and the stakes involved for residents who have lived there for generations.

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Aerial view of an urban neighborhood with multifamily housing, older residential buildings, and a large bridge in the background.

U.S. Multifamily Vacancy Forecast: When Will Apartment Vacancy Peak (2026–2027 Outlook)

U.S. multifamily vacancy rates are rising due to a surge in new apartment supply outpacing demand, with forecasts suggesting a potential peak around 2026–2027. However, measurement differences—especially the exclusion of lease‑up units—can significantly understate true vacancy levels, adding uncertainty to market timing. As supply pressures persist and absorption remains uneven, the multifamily housing market is entering a critical transition period where vacancy trends will vary by market and methodology.

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What Search Trends from April Reveal About Industrial Space Demand

What Search Trends from April Reveal About Industrial Space Demand

Search behavior offers valuable insight into how different tenants begin the leasing process. By examining Google search activity during April, this analysis highlights clear differences in how interest in small versus large industrial space appears online revealing patterns that reflect decision speed, discovery methods, and underlying demand dynamics in today’s industrial real estate market.

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Interest Rates May Stay Higher for Longer: Implications for Commercial Real Estate

Why Does it Matter? The Federal Reserve’s latest messaging suggests interest rates are not coming down anytime soon. For commercial real estate, that removes one of the key assumptions many investors have been underwriting around: near-term rate relief. In a recent Bloomberg interview, Federal Reserve Vice Chair for Supervision Michael Barr said rates may need […]

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