by Lauren Shanesy – via CoStar If there are three words real estate professionals should consider heading into the next year, they are flexibility, convenience and resiliency. Those are the defining themes that came out of the annual Emerging Trends in Real Estate 2022 report, released last week by PwC and the Urban Land Institute. So, […]
When Amazon openly asked for cities to submit proposals for their second headquarters less than two weeks ago, naturally there was a great deal of interest. The e-commerce powerhouse has just begun their process, stating in a tweet that “every city is on an equal playing field”, but some say Boston could be a front […]
Oops, here comes a rainy day and you need cash? You find a better location for your business or you are doing very well and need a bigger space for your growing business? Well, whatever reason people might have to sell their properties, there is one thing that everyone would be concerned about—how much tax […]
President Obama released the budget of $100 million in federal fiscal year 2015 supporting the MBTA (Massachusetts Bay Transportation Authority) Green Line Extension project (GLX) which benefits the economy and environment of Somerville and Medford communities in the upcoming several years. “The Green Line Extension offers Somerville and the region both economic justice and environmental […]
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 […]
In what is excellent news for the Bay State from both an economic and environmental standpoint, the Massachusetts Clean Energy Center recently made an offer of $1 million to support energy-efficient retrofits for affordable multifamily housing developments. The MassCEC was created in 2008 for this exact purpose. They aim to accelerate the Commonwealth’s clean energy […]
Commercial real estate firm Cassidy Turley recently relocated its Minneapolis headquarters to the IDS Center in downtown Minneapolis. Prior to this move, Cassidy Turley engaged its younger employees – known as millennials – in the office space conversation to gain an idea of what they had in mind for the future of the company. Millennials […]
Boston-based real estate investment and development firm Synergy Investments is continuing its spending spree, partnering with DivcoWest to buy a pair of office buildings and a parking garage in Boston’s Seaport District. Synergy is paying The Archon Group $53 million for the sale of these three properties. The properties include 319 A Street, a 48,000-square-foot […]
After years of slow growth, the Massachusetts condo market is heating up. A couple years ago, demand for condominiums was so low that real estate developers were converting condominium space into rental space. However, recent construction indicates that the tides have changed. In February of 2012, Tina Pizzuti-Brzezenski, a partner at Pizzuti Development, considered building […]
The Kraft Group is considering building an apartment building near the Gillette Stadium, reports the Boston Herald. However, the town planner of Foxboro said current zoning laws will not accommodate one-acre lots with single-family homes. The town planner Sharon Wason told the newspaper, “They’ve got to change the rules somehow so they can build apartments.” […]
