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, […]
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 […]
Last Wednesday on the evening of May 16th, Fenway Park opened its doors to Boston Bites Back. Chefs from more than 90 restaurants in the Boston area converged at 4 Yawkey Way to provide attendees with their signature dishes and delicacies. The event was organized by Tsai and Clio chef-owner Ken Oringer. By all accounts, Boston […]
As the U.S. population grows and space decreases, many property developers
Bristol-Meyers Squibb, a pharmaceutical company based in New York, announced plans for a $250 million expansion in Devens. The expansion, motivated by tax incentives, will shift jobs from New York and New Jersey to the Bay State. The company plans to expand its biologics manufacturing facility, which was completed in 2009 for $750 million, as […]
The Bay State’s taxpayer-funded commuter rail service has recently made headlines for large raises, signing bonuses and other perks that its engineers and conductors have received. According to a report compiled by Pioneer Institute, a conservative fiscal watchdog, the MBTA has excessive labor costs that outrank other state agencies. The report called on Governor Patrick […]
The Boston Public Library’s modern half in Copley Square might receive a face-lift Although plans are in early stage, director of library services Michael Colford said, “This building has been around for about 40 years, so we think it’s time to take a look at it,” in a public meeting. The goal is to improve the […]
Copa Airlines has announced a new, non-stop flight from Boston to Panama City. The airline, which is based in Panama City, has experienced industry high growth in recent years. In fact, the airline reported an incredible 17.9% profit margin for the 2012 year. The flights will commence this summer and leave from Boston’s Logan Airport […]
Trends in marketing for commercial real estate firms indicate that companies have moved beyond basic social media outlets to reach audiences. In the age of technology, online interaction has become essential. “Our industry has definitely joined in strategically implementing social media into our marketing plans,” said Ilene Jablonski, vice president of marketing of the multi-billion […]
Agent Bernard Gibbons of ABG Realty recently leased a 1,000 square-foot space on 316 Highland Ave. in Somerville to Magpie. The retailer signed a 5 year lease on the space. Magpie is a gift store that carries handmade crafts and trinkets by local designers and artists. The space on 316 Highland Ave. will be the store’s second location and […]
