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 […]
That’s a fair question that tenants ask about all the time as the Consumer Price Index (CPI) measures the price change of consumer goods and service, in which real estate is not included. The answer is yes. It does affect your rent that is one of the income sources of your landlord. And it doesn’t […]
The Burnham Building and old Filene’s building have been empty for years in Downtown Crossing and bring a scruffy impression to this area, which could have been the Times Square of Boston. There have been some construction projects going on in Downtown Crossing but they are not helpful to relief the continuously tightened residential […]
According to the Merriam-Webster Dictionary the word suburb has three different meanings that are all related. The first definition is an “outlying part of a city or town”, the second is “a smaller community adjacent to or within commuting distance of a city”, and the third is “the residential area on the outskirts of a […]
Somerville’s Magoun Square is becoming a different area, changed by yoga and bikes. There is a shift in urban community towards wealthier residents and businesses bringing with it a new personality. Some may say that this is a good change, while others who currently enjoy the urban community see this change as losing some of […]
When in Boston the constant bustling of all surroundings can be overbearing at times. If you’re looking for a peaceful place to relax, or if you’re a nature loving individual you can come appreciate some of the beauties in life with The Kendall Apartment Tower connected to a garage with a spacious rooftop garden. Anyone […]
