January 26, 2023 Jarred Schenke, Bisnow Atlanta Amazon has tapped a Harvard-educated designer with experience in drafting municipal land use policies as its new vice president of worldwide corporate real estate and facilities. Amazon named Shannon Loew to the position previously held by John Schoettler, who will remain with the company, the Austin Business Journal reported. Loew’s hiring comes as […]
By Will Parker Follow and Konrad Putzier Follow Updated Jan. 17, 2023 3:03 pm ET The cost of insuring commercial real-estate loans against a rise in interest rates has exploded over the past year, raising the prospect of a market selloff since many property owners will no longer be able to afford these hedges. About one-third of […]
Jan 28, 2023 Fed Set to Shrink Rate Hikes Again as Inflation Slows Kate Davidson and Craig Stirling, Bloomberg News Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., US, on Wednesday, July 27, 2022. Powell said while some commodity […]
BYTHE ASSOCIATED PRESS January 25, 2023 at 12:46 AM EST The Lego Group announced Tuesday that it will move its North American headquarters from Enfield, Connecticut, to Boston, Massachusetts, by the end of 2026. Skip Kodak, president of the Lego Group in the Americas, said in a release that the move supports the Denmark-based global toymaker’s […]
Lynn Petrak Senior Editor YouGov, an international data and analytics group that regularly conducts polls on a range of topics, is out with its latest list of the most popular grocers in the United States. The research firm surveyed consumers during the fourth quarter of 2022. What does “popular” mean in this context? YouGov bases that […]
By Boston Real Estate Times – January 23, 2023 CANTON, MA – BJ’s Wholesale Club (NYSE:BJ) has moved into its new 190,000 SF corporate headquarters located on Campus Drive in Marlborough, MA. The move maximizes BJ’s corporate space to house team members and meet with vendors and partners while implementing new technology and modern amenities […]
By Andy Medici – Senior Reporter, The Playbook, Jan 23, 2023 Updated Jan 23, 2023, 2:49pm EST Small-business owners are going to see big changes to their 401(k) and worker retirement packages — but there will be some tax credits too. The SECURE 2.0 Act saw many of its provisions folded into the government funding legislation passed in late 2022. The […]
Scott Souza,Patch Staff Posted Tue, Jan 24, 2023 at 12:18 pm ET PEABODY, MA — A final phase of construction and redevelopment will usher in more high-profile dining and retail operators at the Northshore Mall in 2023. Simon Property Group, which operates the shopping center, said Phase 2 of The Promenade redevelopment has begun with Arhuas, […]
FEATURED FACULTY Martine Haas AUTHOR Angie Basiouny Hybrid work is here to stay. That’s the prediction from Wharton management professor Martine Haas, who was asked to share what she thinks will be the biggest workplace trend of 2023. Although the mix of remote and in-person work can be challenging, she said, hybrid has emerged as […]
Many of the most prominent office developers in the U.S. are shifting gears, looking to buy or build real estate that isn’t office. Boston Properties Inc. is planning to develop 2,000 residential units up and down the East Coast. The firm, which owns more U.S. office space than any other publicly traded company, also is developing […]
