Updates in the world of Commercial Real Estate
via Startup Info Densely populated cities are facing a plethora of tough challenges as their populations continue to rise. As more people migrate to urban locations the available resources, space, and medical coverage become more limited. Luckily, there are modern solutions that government organizations can use to overcome these growing obstacles. The idea of “Smart […]
by Jeanna Smialek / via The New York Times The Federal Reserve lifted its key interest rate by a quarter of a percentage point on Wednesday as policymakers took their first decisive step toward trying to tame rapid inflation by cooling the economy. The Fed had kept rates near zero since March 2020, and the decision marked […]
by Gary Higgins | via Boston Business Journal Rent will increase at 1.75% for the first 10 years and at between 1.75% and 2.50% over the remainder of the lease. Wynn said it will retain its 13-acre developable land portfolio on the east side of Broadway in Everett, where it plans to build an expansion […]
by Patricia Kirk / via wealthmanagement.com The pandemic and the concurrent increase in demand for grocery deliveries have pushed up the need for cold storage. Now, this trend is changing the calculations surrounding the development of cold storage projects. Cold storage facilities are expensive to build, costing from $250 to $350 per sq. ft. compared to $100 […]
by Patricia Kirk / via WealthManagement.com The past few years have brought cannabis legalization to multiple states, giving real estate investors a new alternative asset class to put their money into. It looks like this trend is only going to intensify in the months ahead. As we get further into 2022, all U.S. states without current medical […]
Nearly two years into the pandemic, a street-level survey finds the hub of science and research remains sparsely populated. by Scott Kirsner – via The Boston Globe What is Kendall Square like during the third wave of the pandemic? I wanted to understand how Cambridge’s celebrated cluster of innovation felt and who was working there. […]
by Lauren Shanesy – via CoStar If there are three words real estate professionals should consider heading into the next year, they are flexibility, convenience and resiliency. Those are the defining themes that came out of the annual Emerging Trends in Real Estate 2022 report, released last week by PwC and the Urban Land Institute. So, […]
by Ted Knutson | via The Globe St Climate change may trigger a significant shift in real estate demand, says a new report from the Urban Land Institute and Heitman, a real estate investment management firm. Real estate investors should continue to build their capacity to assess and manage migration-related and broader market-level investment risks […]
by Greg Ryan | via Boston Business Journal Commercial property sales hit a record high in the Boston market last year, making the Hub the top-performing real estate market on the East Coast second only to Atlanta, according to a new report from Real Capital Analytics. The region saw $25 billion in sales in 2021, […]
by Lisa McDuffie | via connectcre.com Boston led the country in office market recovery in October thanks to a high number of tenants in the market and strong leasing activity, according to CBRE’s monthly “Pulse of U.S. Office Demand” report. “The life science industry was once again a strong driver in Boston’s recovery, though we are […]
