Updates in the world of Commercial Real Estate
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 […]
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 […]
