A new Kendall Square startup, coUrbanize, creates websites which serve as a meeting place to hold community project and development discussions. This “has become a player in Cambridge civic life” according to Cambridge Daily. coUrbanize recently took a look at “bankification” in Harvard Square and Central squares and compared the number of banks to cafes. […]
ABG Commercial Advisors Q4 Boston Office Market Report At the end of last year, Boston’s Office market finished the fourth quarter with a vacancy rate of 9.6%, down from the third quarter numbers of 9.8%. While the absorption rate is down from third to fourth quarter, rental rates showed a slight increase. Furthermore, vacant sublease […]
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 […]
They’ve been referred to as millennials, Generation Y, or eighties babies. Whatever you choose to call them one fact still hold true: the demographic of people born from the early 1980’s the late 1990’s to currently represent 28.5 percent of the population. The 28.5 percentage means that they are the single largest group accounted for […]
The Greater Boston area has long been a popular destination for startup companies. Nowadays, startup hotspots such as Kendall Square and lately South Boston’s Innovation District are stretched thin for affordable office space. These days it is standard for rents to top $50 per square foot in Kendall. As sky-high prices are pushing companies out […]
France-based pharmaceutical company Ipsen recently announced that it will be relocating its research and development facility from Milford to East Cambridge. Following the trend of big biotech and pharma companies planning the move to Cambridge, Ipsen signed a long-term lease for 62,600 square feet of lab and office space at 650 Kendall Street in Kendall Square. […]
Last month, we blogged about how corporate culture is changing, thanks to the influence of a new generation of employees. It turns out millennials are not the only ones in favor of centralized locations and “open space” office designs. Leadership at companies such as Biogen Idec recognized the merits of this new layout and have […]
The amount of available office space in Boston’s Financial District has reached a five-year-low. While much of this can be credited to the ongoing economic recovery, brokers attribute the rebound to the influx of companies moving downtown. With limited available space and rents still as high as $50 per square foot in Kendall Square and […]
This past Monday, local carsharing company Zipcar celebrated the relocation of its global headquarters from Cambridge to Boston with a parade. A procession of Zipcars and Zipvans made its way over to the company’s new location in the Hub’s Innovation District. Zipcar’s move into the Innovation District – a highly-coveted area for businesses, especially startups […]
In what Boston Business Journal states could be the largest suburban commercial real estate deal of the year, marketing products provider Vistaprint is expecting to sign a long-term lease for a new 300,000-square-foot headquarters in Waltham, Massachusetts within the next couple weeks. The deal is projected to be more than 10 years. The Netherlands-based company is […]
