Some were booming before the Covid-19 pandemic hit. Others shot up in popularity arguably because of the pandemic. A few have been slow-but-steady-growth markets for some time. The national housing market slowdown has been one of the headlining stories of 2022, after a spike in mortgage rates in the spring turned the heat off what […]
Demand for apartments plummeted in the national apartment market in the third quarter, coming off what had been several quarters of strong run-up in demand and rent growth for the national multifamily market. In fact, apartment demand turned negative last quarter, the first Q3 in at least 30 years that such a phenomenon occurred, according […]
Some states and counties were already winning the migration battle before the Covid-19 took the world by storm. Like with many other trends, the pandemic sent several migration patterns into overdrive — shifting thousands of people and billions of dollars into fast-growing counties and leaving other areas scrambling to recapture their losses. Massachusetts was a net loser […]
Regency Center Corporation’s (Nasdaq: REG) overhaul of a trio of century-old buildings located in Cambridge, Massachusetts into modern mixed-use space—while carefully preserving the historic flair of their surroundings—reflects the versatility and perseverance of a REIT best known for its grocery-anchored shopping centers. The Jacksonville, Florida-based REIT’s restoration of the Abbot Building complex, a collection of three […]
While we wait to see if — or rather when — the economy will fall into recession, we can all agree that the housing market on its own is heading for a deep freeze. And both can largely be blamed on the actions of the Federal Reserve. The Fed is widely expected to boost the […]
The life sciences sector continued to grow in the Bay State last year, adding another 12,000-plus workers and nearly 16 million square feet in real estate between 2020 and 2021. That’s according to a new report from the Massachusetts Biotechnology Council, the trade group better known as MassBio. UPGRADE TO NATIONWIDE ACCESS Get Industry Insights […]
By John Worth & Savannah Delullo, Via Nareit Commercial real estate fundamentals continue to point to strong performance in the retail, multifamily, and industrial sectors with vacancy rates mostly declining on a year-over-year and quarter-to-quarter basis, robust rent growth, and positive excess demand. While there has been improvement in the office sector, the impact of […]
By Janelle Nanos and Tim Logan via The Boston Globe Nearly half of residents in the blue-collar town are foreign-born. But for years, these groups have been largely locked out of city politics and services. MALDEN — Malden Mayor Gary Christenson has a catchphrase: His city “is a place for everyone.” This might sound like […]
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 […]
Cranes are busily rolling up and down at 120 Kingston Street and construction workers are working hard on 1 Greenway. A couple blocks away at downtown crossing, the Millenniums Tower is rising. That is the scene you will see when walking through Boston Chinatown, the third biggest one in the United States. From the day […]
