Tags: commercial real estate

Side by side comparison of 40 thorndike street before and after renovations.

Cambridge Office Tower Sells for $1

A newly redeveloped East Cambridge office tower has transferred to Brookfield for a reported $1, along with nearly $232 million in outstanding construction debt. The sale of 40 Thorndike Street highlights the ongoing challenges and shifting dynamics shaping Greater Boston’s office market.

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Faneuil Hall Marketplace retail district in downtown Boston

Boston Retail Real Estate Trends: What Tenants and Property Owners Should Watch in 2026

Greater Boston’s retail real estate market is entering the second half of 2026 with limited available space, resilient rent growth, and continued interest from retailers looking to expand throughout the region. While economic uncertainty and slower leasing activity have created some challenges, the market’s constrained supply continues to support relatively strong fundamentals. For tenants, property […]

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Balancing Growth and Integration: Evaluating Competing Development Proposals at 90 Washington Street in Somerville

Somerville is currently evaluating two redevelopment proposals for 90 Washington Street, a four-acre site in the Inner Belt district near the MBTA’s East Somerville Green Line station. According to the Boston Business Journal, the decision is being made under meaningful financial pressure, with the city looking to recoup a roughly $30 million gap tied to its acquisition of the property…

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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 […]

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Aerial view of an urban neighborhood with multifamily housing, older residential buildings, and a large bridge in the background.

U.S. Multifamily Vacancy Forecast: When Will Apartment Vacancy Peak (2026–2027 Outlook)

U.S. multifamily vacancy rates are rising due to a surge in new apartment supply outpacing demand, with forecasts suggesting a potential peak around 2026–2027. However, measurement differences—especially the exclusion of lease‑up units—can significantly understate true vacancy levels, adding uncertainty to market timing. As supply pressures persist and absorption remains uneven, the multifamily housing market is entering a critical transition period where vacancy trends will vary by market and methodology.

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What Search Trends from April Reveal About Industrial Space Demand

What Search Trends from April Reveal About Industrial Space Demand

Search behavior offers valuable insight into how different tenants begin the leasing process. By examining Google search activity during April, this analysis highlights clear differences in how interest in small versus large industrial space appears online revealing patterns that reflect decision speed, discovery methods, and underlying demand dynamics in today’s industrial real estate market.

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