Demand for Services, Mixed-Use Developments Increase in Boston Commercial Market
Boston’s commercial real estate skyline will continue to change during 2013, with the debt market still eager to loan. Mixed-use projects are on the front burner as demand for services continues. A...
View Article11 Beacon Street, Class B Office Space in Boston Trading Hands
Another Class B Financial District assets is said to trade hands; 11 Beacon is reported to go the Synergy Investments. The Class B market continues to see trades along with increasing rents; currently...
View ArticleTwo Liberty Square in Boston’s Financial District Sold for $18M
Photo: courtesy of Jones Lang LaSalle via Boston Business Journal Another Class B Financial District office building is said to have traded hands; 2 Liberty has reportedly been acquired by Urdang....
View Article800,000 SF of Christian Science Plaza Development Rights Sold
Photo Credit: Wikipedia The Back Bay skyline is poised to change with the addition of 800,000 SF, mixed use project by Carpenter & Company at the Christian Science Plaza on Huntington Avenue. The...
View ArticleBoston’s New Developments Showcased on the BBJ
Photo Credit: Boston Business Journal Nine new Boston development projects are scheduled to open in 2013 and the calendar is filling up with 2014 openings as well. Our city landscape is changing with...
View ArticleNew Tower Considered in Back Bay
Photo Credit: Boston Business Journal Will Back Bay be home to another Boston Properties skyscraper? The location would be atop the John Hancock garage at Back Bay Station. A report in the Boston...
View ArticleIs One Lincoln Street Stagnation a Sign of Larger Trend?
Photo Credit: Boston Business Journal The office market is in the midst of an upswing as it pertains to rents, but from the value side, buyers are cautious. Have we peaked or is there more to come? The...
View ArticleFidelity Puts Four Boston Office Properties Up for Sale
Photo Credit: Boston Herald Will the Financial District be home to a new office tower? There is some speculation that the headquarters of Fidelity will be raised to make way for new construction....
View Article40 Broad St. in the Financial District Sells for $110m
Photo Credit: The Boston Globe The Financial District in Boston sees another Class B trade; the lucky bidder was TIAA-CREF. Now all eyes move to 50 Congress Street as final bids are due next week. An...
View ArticleBBJ’s Best in Boston Real Estate Awards
Photo Credit: Boston Business Journal What, another awards show? Well, no, the BBJ is recognizing projects within Boston Market that a stand out within their sectors. The Seaport submarket was the...
View ArticleBoston Workforce Expected to Grow
The Boston workforce is expected to continue to grow according to a survey of local CFO’s. 12 percent expect to be adding personnel in the 3rd quarter while the overall majority expressed confidence is...
View ArticleShort-Term Retail Leases: The New Commercial Real Estate Trend?
Credit: Boston Business Journal This is a creative way on thinking of trying to full some of our retail vacancy’s around the city. Perhaps this would be better to put into context, like a retailer that...
View Article400-foot Tower Considered at 40 Trinity Place in Back Bay
What does $593.09 get you in Boston? Well that is the estimated price per square foot to construct the 379,370 square feet at 40 Trinity Place. According the Boston Redevelopment Authority’s web site,...
View ArticleBoston Office Rents Climb 3.5 percent
Credit: Boston Herald This is only part of the story. True, rental rates have risen, but the overall occupancy cost has risen even more than just the rental rates. In a rising market, like we are...
View ArticleCopley Place will see $500M Expansion
Credit: Bisnow.com Changes are coming to Copley Place, a 52-story tower to house rental apartments and condos. Currently there is no change to the existing office towers. Bisnow is reporting that...
View ArticleReal Estate Developers Voice Case for Tax Breaks
Credit: The Boston Globe Are you in favor or opposed of tax relief for construction projects? A Boston Globe editorial addressed the issue of added tax relief for construction projects, noting “the...
View ArticleBoston Real Estate: How will Marty Walsh Impact Development?
Credit: The Boston Globe Will the development pipeline of new construction continue at its current rate, or drop off under the Walsh administration? An article in the Boston Globe highlighted some of...
View ArticleBoston Ranks 2nd in Construction Jobs
Credit: Boston Globe Greater Boston is 2nd to Los Angeles in new construction jobs, beating Houston, Atlanta and Phoenix. Employers and employees want to work live and play in our beautiful city....
View ArticleBRA Approves $2.3B in New Projects
Credit: Boston Business Journal So what does $2.3B look like in the City of Boston? We’ll soon find out. The BRA has just approved seven new projects collectively totaling $2.3 billion. The Boston...
View ArticleBoston Office Market Maintains Strong Results for Landlords
155 Federal Street The Boston Office market continues to produce strong results for landlords. The low rise Class A and Class B market in the Financial District continue to offer a value option to...
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