A new Kendall Square startup, coUrbanize, creates websites which serve as a meeting place to hold community project and development discussions. This “has become a player in Cambridge civic life” according to Cambridge Daily. coUrbanize recently took a look at “bankification” in Harvard Square and Central squares and compared the number of banks to cafes. […]
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 […]
When shopping in any retail store the average shopper would never think that there could possibly be an undercover shopper amongst them. This is exactly what happened to Cambridge recently as 30 independent retailers in the city received mystery shopping visits from undercover shoppers testing to see how the customer service was rated. This was […]
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 […]
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 […]
by Byron Chen In the first quarter of 2013, Boston’s Industrial market has shown marked improvement in several areas when compared with data drawn from 2012. The market ended with an overall vacancy rate of 10% at the end of the quarter, decreasing from 10.4% at the end of the 4th quarter of 2012. The […]
by Byron Chen After the first quarter of 2013, Boston’s Retail market experienced minimal change in market conditions. The retail market saw its vacancy rate decrease from 4.4% at the end of 2012 to 4.3% at the conclusion of this most recent quarter. Vacant sublease space has trended down as well this quarter, finishing with […]
Millennium Partners announced it has signed a lead tenant for the Burnham Building redevelopment at the former Filene’s department store, this will help fill in a piece of the puzzle for Boston’s Downtown Crossing redevelopment. Arnold Worldwide will take occupancy of 125,000 square feet of office space at the Burnham Building in September 2014. The Burnham Building […]
Recently, the positive change in commercial cap rates could be attributed to the recovery of credit markets. Low cap rates and weak fundamentals have lead many to question the Fed’s low interest rates. These low rates may be excessively raising commercial prices. In a quote from FRBSF, “It’s true that cap rates are at historic […]
