by admin | Jan 30, 2023 | blog, Commercial Real Estate, Market Updates
The first Beige Book report of 2023 from the Federal Reserve Bank of Boston was released January 18. As the first release of the New Year, it reviews local business conditions from previous months, and offers a projection for the months ahead. Here are highlights for...
by admin | Jan 17, 2023 | blog, Small Business Tips
Boston Metro commercial real estate has been popular with global investors for decades. Historically, our market has bounced back from economic challenges more readily than other U.S. cities, thanks to our diverse, growing economy and strong academic institutions. Yet...
by admin | Jan 17, 2023 | blog, Commercial Real Estate
The Boston Metro office market closed 2022 with a turbulent fourth quarter, hitting a record vacancy rate of 17.4%. According to data from Collier’s, Boston had 369,000 square feet of negative office absorption in the fourth quarter of 2022 alone. For the year...