As Boston undergoes a long-term growth strategy to develop and enhance specific neighborhood areas through community planning and land use, the commercial market demand for these areas will increase. The presence of major corporate residents has a cascading effect for corporate leasing opportunities with companies looking to expand their operational presence to attract top talent. Small […]
Looking for a new way to save money and be more environmentally friendly? Smart windows have technology that can alter the tint of the window based on the weather. Currently in more than 1,300 buildings, these smart windows can either have active glass that lightens and tints in response to electricity or passive glass that […]
Photo by: The Boston Globe With vacancy rates as high as 8.0% for industrial properties in the Boston commercial real estate market, many have been searching for a way to keep their businesses out of the red. One of the new innovations as of late is the re-purposing of industrial building’s roofs for solar panel […]
That’s a fair question that tenants ask about all the time as the Consumer Price Index (CPI) measures the price change of consumer goods and service, in which real estate is not included. The answer is yes. It does affect your rent that is one of the income sources of your landlord. And it doesn’t […]
Chelsea, Massachusetts is in the midst of a historic agreement for the city; The City Council unanimously endorsed a resolution, which authorizes City Manager Jay Ash to enter into a $2.5 million a year deal for Surrounding Community Agreement with Mohegan Sun. Manager Jay Ash and City Council President Matt Frank discussed the agreement, and […]
It has been recently announced that the largest corporation in the world, Royal Dutch Shell, has set up a shop in Cambridge sometime last year. It wasn’t noticed much when the office space was being built and renovated, and no one really knew who was going to go in there. Little did they know it […]
The easiest and most efficient way to commute around and in the Boston area is by riding the T. It is a common use of transportation that many citizens use. The “T” has stations all throughout Boston and in neighboring areas. A nub on the T, connecting the Blue and Green Lines is Government Center […]
Toni Shelzi, of ABG Commercial Realty, represented the lessee, Soar Enterprises LLC, and lessor, Joy Street Limited Partners, in the lease of a 4,000 square foot of industrial and flex space at 64 Joy Street in Somerville. The lease was signed on January 15, 2014. Joy Street Limited Partners also works in conjunction […]
ABG Commercial Advisors Q4 Boston Industrial Market Report By the end of 2013, Boston’s Industrial market continued the improvement it showed at the beginning of the year. The market ended the fourth quarter 2013 with an overall vacancy rate of 8.9%, down from the 10% rate from the end of the first quarter. In fact, […]
With property values rising across the country, home and commercial property owners are more open to the idea of selling. If you’re ready to unload your commercial property, a few tips can help you keep a level head throughout the process. Get the most money for your property with small do-it-yourself upgrades. You can raise […]
