Updates in the world of Commercial Real Estate
As Boston undergoes a long-term growth strategy to develop and enhance specific neighborhood areas through community planning and land use, the commercial market demand for these areas will increase. The presence of major corporate residents has a cascading effect for corporate leasing opportunities with companies looking to expand their operational presence to attract top talent. Small […]
While the broad standards for business loans have remained unchanged, loan officers at U.S. banks reported tightening lending standards on commercial real estate loans and a weaker demand for both types. According to a quarterly survey conducted by the Federal Reserve, banks reported stricter standards for construction and land development loans as well as loans […]
photo by: http://www.care2.com/greenliving/a-farm-to-table-restaurant-with-organic-appeal.html Farm-to-table is the new trend, and Boston’s restaurant scene has really picked up on it. From sourcing ingredients from local food vendors and becoming a true part of the neighborhood, farm-to-table restaurants are receiving tremendous success right now. Most of these farm-to-table restaurants have an atmosphere different from any other type of […]
This year is Boston’s 119th hosting of the Boston Marathon. On April 20th at 8:50 in the morning, the first wave of runners will be released. The trek is run by more than 35,000 athletes, 98 percent of which finish. Groups of male runners, female runners, and handicapped racers all compete for the best times. […]
Anyone living in Boston or in the surrounding areas know to start wearing rain boots, as our snow is finally melting sporadically in 40 degree temperatures. This past February has beat records as the snowiest four weeks Boston has ever had. Our last record from 2005 was toppled by more than 15 inches, placing us […]
Office space in Cambridge is always in great demand. The overall vacancy rate of office market in Cambridge declined from 10.8% in 2012 to 9.0% in 2013. According to the Greater Boston Market Viewpoint Report conducted by Colliers International, the direct asking rent for Class A and Class B office in East Cambridge have both […]
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, […]
