Photo by: The Boston Globe With vacancy rates as high as 8.0% for industrial properties in the Boston commercial real estate market, many have been searching for a way to keep their businesses out of the red. One of the new innovations as of late is the re-purposing of industrial building’s roofs for solar panel […]
In the first quarter of 2015, the Boston industrial market showed minimal change from Q4 of 2014. The vacancy rate stayed the same in both quarters, at 8.0%; however, that number was down from Q3 of 2014, where the vacancy rate was at 8.3%. The overall vacancy rate for flex and warehouse projects went down, […]
The Boston office market finished the first quarter of 2015 in an overall positive standing. It concluded the quarter with vacancy rates averaging at 9.1%, not a significant change from the previous quarter of 9.2%, however, vacancy rates have been consistently decreasing among all types of office spaces, i.e. Class A, Class b, and Class […]
The commercial real estate retail market has experienced minimal change in the first quarter of 2015. The retail market saw the vacancy rate held at 3.9%; vacancy rates are determined by a “percentage of the total amount of physically vacant space divided by the total amount of existing inventory.” The Boston retail market includes the […]
photo by:http://blog.ucsusa.org/solar-power-blooms-across-the-country-121 As the world is pushing for more ecologically-friendly energy sources, the people of Boston are responding by increasing clean, renewable, and sustainable energy sources, such as solar energy panels. Solar energy panels work because of the photo-voltaic process, which is a chemical phenomenon that occurs when an electrical charge, or voltage, is generated […]
photo by: http://www.care2.com/greenliving/a-farm-to-table-restaurant-with-organic-appeal.html Farm-to-table is the new trend, and Boston’s restaurant scene has really picked up on it. From sourcing ingredients from local food vendors and becoming a true part of the neighborhood, farm-to-table restaurants are receiving tremendous success right now. Most of these farm-to-table restaurants have an atmosphere different from any other type of […]
We spend one third of our entire life sleeping, so it’s worthwhile of paying big money for a really nice bed. It is the same when it comes to office space. We work approximately 8 hours, a.k.a. one third of a day. If staying and working (or not working) at the office feels like the […]
In the past decade, the commercial real estate industry has been going through its ups and downs. From 2000 to 2010, large numbers of commercial real estate companies had been showing up but the industry revenue didn’t catch up with the speed of increasing companies. Then the winter came with the economic recession, busted the […]
The Business Monitor International upgraded their 2014 real GDP growth forecast from 2.7% to 2.8% with growth set to average 2.4% per year from 2013-2018. Our economy is recovering. With a growing external trade demand from the key US trade partners, including Canada, Mexico and the United Kingdom, both the industrial and office segments […]
Waiting for the new episode of the True Detective or Once Upon a Time? Consider yourself a mystery, history or architecture fan? Stretch your legs and get ready to explore the fascinating historical Cambridge Common Historic District on a sunny morning. The Cambridge Common Historic District is a historic district located in one of the […]
