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Services Inflation, Slowing Growth, and What It Means for Boston and Somerville Commercial Real Estate
In early April 2026, Bloomberg reported that U.S. service‑sector growth slowed materially even as input prices surged, as reflected in the Institute for Supply Management’s (ISM) Services Prices Paid Index rising to 70.7—its highest level since October 2022.¹ This combination of decelerating activity and elevated costs is particularly relevant for Boston‑area commercial real estate, where […]
Atlanta Developer Proposes 234-Unit Apartment Project Near Newton Whole Foods
Source: BRET NEWTON, Mass.— An Atlanta-based developer is pitching a new 234-unit apartment project near a Whole Foods Market in Newton, adding to a growing pipeline of large-scale residential developments along Crafts Street, according to the Boston Business Journal (BBJ). According to BBJ, Wood Partners has proposed developing the apartments at 38 Crafts St., a […]
Liquor licenses approved in these underrepresented Boston neighborhoods
Gary Higgins A stretch of Dudley Street in Dorchester’s Uphams Corner is among the areas that will see new opportunities for restaurants to serve alcohol. Dorchester is set to receive seven of the 21 new liquor licenses recently approved by the Boston Licensing Board as part of the city’s effort to expand alcohol service in […]
The robots have taken over this store at a Cambridge mall
By Scott Kirsner Raibert Opens Pop-Up Robot Lab to Inspire and Educate Marc Raibert, founder of Boston Dynamics and current executive director of the Robotics and AI Institute (RAI), has launched a temporary Robot Lab at CambridgeSide mall. The pop-up isn’t selling robots; instead, it gives the public hands-on experience with robotics to show what they […]
Bertucci’s plots a pizza pivot with new fast-casual concept
By Isabel Hart – Reporter, Boston Business Journal Bertucci’s, a once-popular casual dining chain known for its brick oven pizza and signature bread rolls, is testing a new fast-casual concept called Bertucci’s Pronto in Downtown Boston. After filing for bankruptcy twice—in 2018 and 2022—the brand is pivoting under the direction of owner Robert Earl (Earl Enterprises) to […]
Officials want answers from billionaire owner of the vacant Harvard Square Theatre
The theater has been vacant on Church Street since 2012. The Cambridge City Council wants to question the owner about its reopening. By Molly Farrar Harvard Square is marred by at least a dozen of vacant storefronts, including, notably, the nearly century-old Harvard Square Theatre on Church Street. It’s been closed since 2012, and, after a failed […]