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 […]
Reis Reports Q1 2013 Industrial Trends written by Kevin Friedman. Here are some significant and noteworthy trends from the Industrial sector of commercial real estate in the first quarter of 2013, as explained by Dr. Victor Calanog, VP of Economics and Research at ReisReports. * Industrial property vacancy rates remained in decline in the first quarter of 2013, […]
There are currently 2.5 million square feet under construction in the city of Cambridge. From Central Square to East Cambridge, commercial real estate development is thriving. A great deal of this construction consists of lab space for tech and pharmaceutical companies. One reason for this is the Commonwealth is looking to take advantage of the talent […]
With things looking shaky on the home front, Chinese investors have decided to try their hand in American real estate. Wealthy Chinese are pouring money into commercial and residential properties across the United States, from high-rise condominiums in San Francisco to office towers in Manhattan. Ms. Zhang Xin, the CEO of China’s largest commercial real […]
by Byron Chen In the first quarter of 2013, Boston’s Industrial market has shown marked improvement in several areas when compared with data drawn from 2012. The market ended with an overall vacancy rate of 10% at the end of the quarter, decreasing from 10.4% at the end of the 4th quarter of 2012. The […]
Recently, the positive change in commercial cap rates could be attributed to the recovery of credit markets. Low cap rates and weak fundamentals have lead many to question the Fed’s low interest rates. These low rates may be excessively raising commercial prices. In a quote from FRBSF, “It’s true that cap rates are at historic […]
The latest commercial real estate figures have been published and Boston’s industrial market vacancy decreased to 10.6%. This marks a 0.3% decrease from a 10.9% vacancy rate in the third quarter. The vacancy rate for industrial properties has steadily from 11.1% in the first quarter of 2012. Flex project also experienced a decrease in vacancy […]
