The amount of available office space in Boston’s Financial District has reached a five-year-low. While much of this can be credited to the ongoing economic recovery, brokers attribute the rebound to the influx of companies moving downtown. With limited available space and rents still as high as $50 per square foot in Kendall Square and […]
Charles River Realty Investors and National Development have teamed up to purchase New England Executive Park for $216 million. NEEP is a campus comprised of 10 office buildings, located in Burlington, Massahusetts right next to the Burlington Mall off Route 128. The portfolio on these properties currently show a 14 percent vacancy rate, and investors […]
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 […]
Stephanie Deering of ABG Realty recently conducted business with CrossFit Woburn to find a commercial real estate property that would suit all of their real estate needs. The lessor and lessee were able to find a convenient large open athletic facility in Woburn. This multi-tenanted complex came equipped with high quality turf and rolled rubber flooring […]
