Internet connectivity is crucial for businesses operating in today’s modern world. It therefore comes as no surprise that internet connectivity impacts office lease rates. What factors contribute to connectivity quality? And how can building owners get their infrastructure certified? Measuring Internet Connectivity There are different ways to measure the quality of Internet connectivity for a […]
From a simplistic view, CRE market value is influenced by demand, supply, property utility, and transferability. However, there are a wide range of factors that contribute to those 4 components. These supplementary factors can be grouped into location, market, appraisal, leasing, and building characteristics. Let’s take a closer look at each one of these. Location […]
Property appraisals are a detailed financial analysis to determine exact market value at a distinct point in time. They are often performed when properties are bought and sold, with their results having major impact on the purchase and finance of CRE properties. Although appraisals generate exact values, they may be calculated using 3 different methods […]
Whether you are evaluating a potential investment, estimating taxes or insurance, or looking to list your property for sale, you will need to estimate value using reliable methods and calculations in order to make smart business decisions. Below are key CRE valuation approaches for Boston Commercial Properties. CRE Property Value CRE property value is one […]
Office design trends directly impact office leasing and sales. It influences the types of businesses that you may attract, lease rates, and more. For this reason, it’s important for landlords to stay up to date on the latest commercial real estate office design trends. Here are some key trends to consider. Open Spaces Modern office […]
A new study conducted by the University of California at Berkeley and Lawrence Berkeley National Laboratory has made a connection that may help real estate lenders issue safer loans. Trepp reports that there is a tight correlation between efficient energy use and the likelihood of loan default. The study, funded by the Department of […]
In the early 2000’s, open-office plans were the new hot commodity in the world of business. These open spaces allowed for a much welcomed break from the monotony of the traditional workplace. Conversation and interaction replaced the usual silence that one would experience when working in a traditional office filled with cubicles or closed […]
Agents everywhere are bound to eventually face the task of turning a less than appealing office building into a place where tenants will be excited to work. The rising number of millennials entering the workforce has in turn created a rising demand for trendy, creative, yet efficient work spaces. While reinvigorating an old space […]
With the Seaport “Innovation District” drawing in industry leaders like Reebok and GE, growing tech startups are beginning to fill the space left behind downtown. The modernizing economic climate in Boston has created a greater appeal for the waterfront locale. With new models for collaborative work spaces, company headquarters, and housing, the Innovation District has […]
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 […]
