by Lisa McDuffie | via connectcre.com Boston led the country in office market recovery in October thanks to a high number of tenants in the market and strong leasing activity, according to CBRE’s monthly “Pulse of U.S. Office Demand” report. “The life science industry was once again a strong driver in Boston’s recovery, though we are […]
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 […]
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 […]
According to the National Venture Capital Association, the New England region recorded 225 deals, totaling $2,243,072,600 venture investments during the first and second quarters 2014, which indicated a 44% and a 27% investment amount increase compared to the same period in 2013 and 2012. As venture capital typically focus on young, high-growth companies with a […]
Boston is beginning to see an influx of startups coming into the city from along Route 128, representing a “dramatic shift” in density and geography, said Jay Batson, angel investor and also a builder of Boston TechScene – an interactive map of tech startups in Boston community. The density of tech startups in Boston is […]
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. […]
ABG Commercial Advisors Q4 Boston Office Market Report At the end of last year, Boston’s Office market finished the fourth quarter with a vacancy rate of 9.6%, down from the third quarter numbers of 9.8%. While the absorption rate is down from third to fourth quarter, rental rates showed a slight increase. Furthermore, vacant sublease […]
With things looking shaky on the home front, Chinese investors have decided to try their hand in American real estate. Wealthy Chinese are pouring money into commercial and residential properties across the United States, from high-rise condominiums in San Francisco to office towers in Manhattan. Ms. Zhang Xin, the CEO of China’s largest commercial real […]
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 […]
Q1 2013 Office Trends from Reis Reports Here are some significant and noteworthy trends from the Office sector of commercial real estate in the first quarter of 2013, as explained by Dr. Victor Calanog, VP of Economics and Research at ReisReports: The office vacancy rate declined 0.1% to 17% at the end of the quarter, […]
