Updates in the world of Commercial Real Estate
You don’t need to worry about the cost of managing your investment if you know how to manage it efficiently by yourself. It is not an easy task even though you have good reliable tenants. You need to have basic understanding of money and safety issues, local municipal, and city and state laws. If you […]
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 […]
ABG Commercial Advisors Q4 Boston Retail Report The Boston retail market did not experience much change in market conditions throughout the previous year. The market ended the fourth quarter 2013 with an overall vacancy of rate of 4.3%, showing no change from the previous quarter. Vacancy rates stayed the same from the previous quarter at […]
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, […]
The Nature Conservancy recently decided to honor local restaurants that are “going green” through serving locally sourced meals and maintaining energy-efficient facilities. Last month the TNC named five eateries around the Boston area as finalists for its prestigious Nature’s Plate Award. Here are a few notable restaurants that made the final list: Area Four – Located […]
Although it’s not even Thanksgiving, market trends for 2014 are already appearing. Real estate trends forecast that “Second-tier cities will lead the [real estate] recovery next year”. Cities like Dallas and Portland are becoming more enticing than the “always open” mindset of New York and San Francisco. While this is appealing for some, what does […]
The University Station project in Westwood has been delayed for years. As the state’s largest development project, many are excited to see the dormant project take shape again. Phase 1 was anticipated to be competed by fall of 2014, but the project stalled in 2010. The location is ideal, just off I-95, and major retailers […]
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. […]
If your business is not optimized for smartphones, you may as well pack up the office now. Recent data from Pew Research indicates that 56 percent of Americans now use smartphones. Presumably that 56 percent also uses mobile apps to stay connected. To stay relevant, your business needs a mobile app to maximize marketing, customer […]
