Updates in the world of Commercial Real Estate
Reis Reports Q1 2013 Retail Trends written by Kevin Friedman. Here are some significant and noteworthy trends from the Retail sector of commercial real estate in the first quarter of 2013, as explained by Dr. Victor Calanog, VP of Economics and Research at ReisReports. The retail sector, which only began to visibly display signs of healing in 2012, […]
Reis Reports Q1 2013 Industrial Trends written by Kevin Friedman. Here are some significant and noteworthy trends from the Industrial sector of commercial real estate in the first quarter of 2013, as explained by Dr. Victor Calanog, VP of Economics and Research at ReisReports. * Industrial property vacancy rates remained in decline in the first quarter of 2013, […]
Log onto a website, and chances are it’s hosted by WordPress. More than 73 million websites use it, according to Yoast. The sheer flexibility of WordPress served it well in its rise to dominance, as it isn’t typecast into being “just” a blogging script. It can also power a magazine website, e-commerce stores and enterprise intranets. […]
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 […]
In what is excellent news for the Bay State from both an economic and environmental standpoint, the Massachusetts Clean Energy Center recently made an offer of $1 million to support energy-efficient retrofits for affordable multifamily housing developments. The MassCEC was created in 2008 for this exact purpose. They aim to accelerate the Commonwealth’s clean energy […]
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 […]
There are currently 2.5 million square feet under construction in the city of Cambridge. From Central Square to East Cambridge, commercial real estate development is thriving. A great deal of this construction consists of lab space for tech and pharmaceutical companies. One reason for this is the Commonwealth is looking to take advantage of the talent […]
In our previous post, we mentioned that companies such as Neiman Marcus are placing a greater emphasis on smaller spaces. This trend is not limited to high-end retailers. In Massachusetts, small to mid-size vendors are reaping the benefits of the ongoing state and nationwide housing recovery. With the recession in its rearview mirror, the Massachusetts […]
