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Steady Business Conditions Expected for Greater Boston

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...

Issues Boston Commercial Real Estate Investors Should Consider

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...

Subleasing Grows in Boston Metro as Office Vacancies Rise

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 as a...

Boston Metro Office Market Evolves

Office space demand in the Boston Metro is alive and well, especially for newer Class-A buildings. The latest report from Boston Bisnow states that Class-A developers are attracting new tenants at an improved pace from a year ago, with major tenant agreements lined up...

Boston Remains Popular with Global Investors

Boston Metro commercial real estate remains a top choice for global investors in 2022 and beyond, according to a survey conducted by the Association of Foreign Investors in Real Estate. Respondents to the survey said their top U.S. metros for investment were Atlanta,...

Office Perks Make a Comeback in the Boston Metro

A number of Boston Metro offices once offered coffee shops and arcades to attract fresh talent. Now, many employers are exploring new ways to draw employees back to the office. The Boston Globe recently examined the office perks a few local companies are testing. Here...

Boston Metro Medical Buildings May See Investment Boom

Commercial real estate investors in the Boston Metro are seeking medical office buildings as a recession hedge, according to a recent article by Boston Bisnow. Investors nationwide have flocked to medical office buildings for a number of reasons, including defense...

Boston Metro Among Top Commercial Markets in U.S.

Commercial real estate in the Boston Metro area is enjoying healthy demand in the first quarter of 2022, according to reports from the National Association of REALTORS® Research Group. On a year-over-year basis, March net absorption is showing improvement across all...

Will Global Events Affect Boston Metro Commercial Real Estate?

At the beginning of 2022, Boston Metro Commercial real estate investors had the usual concerns about finding the ideal property. Just a few months later, decisions are complicated by worries about inflation, rising interest rates and geopolitical events. Managing the...

Boston Area Counties Among Healthiest Communities

Counties in the Boston Metro rank highly when it comes to wellness and opportunity, according to a 2021 study by US News & World Report. The "Healthiest Communities" rankings measured the health and quality of life in 3,000 U.S. counties, evaluating dozens of...

Boston Metro Dining Scene’s James Beard Nominees

Fine dining in the Boston Metro is among the best in the word! Greater Boston has several semifinalists in the running for the 2022 James Beard awards, including nominees for Best Chef, Outstanding Restaurateur, and Outstanding Chef. The James Beard awards are the...

Boston Metro Multifamily Sector Roars Back to Life

The slump is over for the Boston Metro multifamily sector, as vacancy rates plummet and rents test new highs. According to the latest reports by Collier's and Boston Bisnow, the Greater Boston apartment market has a vacancy rate of just 4.5%. This is the lowest...

Flexibility is Key for Boston Metro Employers

Boston Metro employers once focused on office amenities such as outdoor recreation areas, coffee lounges and on-site cafeterias to attract and retain employees. Today, retaining workforce talent requires an individualized approach, rather than a one-size-fits-all...

Hospitality Sector Seeing Slow Recovery in Greater Boston Area

The latest Beige Book report from the Federal Reserve Bank of Boston paints a mixed picture of the regional economy, due to the lingering pandemic along with supply-chain issues and staffing shortages. The hospitality industry in particular is experiencing a long road...

Smaller Offices Could Become a Big Trend in the Boston Metro

While employees have gradually returned to offices in the Boston Metro, companies are still grappling with pandemic-era challenges. An emerging consensus suggests that the days of large office headquarters may be winding down. A recent article in the Commercial...

Multi-Family Properties are Red Hot in the Boston Metro

It's a seller's market for small to mid-sized multi-family properties in the Boston Metro! According to a recent analysis in Boston Biznow, investment in Boston's multi-family sector reached $422 million during the past 12 months, beaten only by Orange County,...

Does a Long Commute Discourage Boston Metro Employees?

As Boston Metro employers grapple with labor shortages and the pandemic, remote work has become something of a go-to solution to attract talent. Yet a new survey by online insurance broker Compare.com suggests that commutes are not a deal-breaker. About half of the...

Boston Named Among Best, Safest Places to Live in U.S.

Each year, U.S. News & World Report examines 150 metro areas in the United States to name the "Best Places to Live." These "best" lists are based on quality of life, cost of living, employment opportunities and the overall popularity of the area, based on inbound...

Mistakes to Avoid in your Boston Metro Commercial Real Estate Search

Finding the ideal Boston Metro location for your business takes time. With the help of experienced tenant representation, the process of finding, leasing or purchasing Boston Metro commercial real estate is more efficient and productive. It will also help you avoid...