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 […]
Kung Fu Tea, the popular Brooklyn-based bubble tea brand, is expanding further into the Boston Area. Peter Mayfield of ABG Commercial was the sole broker in leasing the 1,460 square foot street level retail space to Kung Fu Tea, located at 3 Pleasant St. in Malden. This property makes the fourth location in the Boston […]
Fuji is coming to Somerville as part of the ongoing development of Assembly Row. Julian Lewis of ABG Realty was the sole broker in the transaction of 4,361 square feet of restaurant space between the JP Fuji Group and Federal Realty Investment Trust, the group behind the Row’s construction. This massive urban mixed-use development hopes […]
With property values rising across the country, home and commercial property owners are more open to the idea of selling. If you’re ready to unload your commercial property, a few tips can help you keep a level head throughout the process. Get the most money for your property with small do-it-yourself upgrades. You can raise […]
The Nature Conservancy recently decided to honor local restaurants that are “going green” through serving locally sourced meals and maintaining energy-efficient facilities. Last month the TNC named five eateries around the Boston area as finalists for its prestigious Nature’s Plate Award. Here are a few notable restaurants that made the final list: Area Four – Located […]
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, […]
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 […]
The sale of luxury goods has always been a vital component of the retail market. In order to appeal to the world’s wealthiest customers, some retailers have begun to make slight changes in their operating strategy. Neiman Marcus Inc. is one such example. The global retailer specializing in high-end fashion items, filed its initial public […]
With things looking shaky on the home front, Chinese investors have decided to try their hand in American real estate. Wealthy Chinese are pouring money into commercial and residential properties across the United States, from high-rise condominiums in San Francisco to office towers in Manhattan. Ms. Zhang Xin, the CEO of China’s largest commercial real […]
