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Common Misconceptions About the Massachusetts MBTA Communities Act and Its Impact on Commercial Development

by admin | Dec 6, 2023 | Boston Metro Area, Commercial Real Estate

The Massachusetts MBTA Communities Act, a legislative initiative aimed at facilitating housing development near transit stations in Massachusetts, has spurred much discussion among stakeholders in the real estate industry. As with any impactful legislation, there are...

Obstacles to Converting Commercial Properties to Residential Space

by admin | Nov 15, 2023 | blog, Commercial Real Estate

In recent years, the commercial real estate landscape has undergone a seismic shift, driven by economic factors, technological advancements, and the lingering effects of the COVID-19 pandemic. The rise of remote working and e-commerce has had a significant impact on...

Free Lunch Perks Could Bring Employees Back to Boston Offices

by admin | Apr 25, 2023 | blog, Commercial Real Estate, Small Business Tips

There’s no such thing as a free lunch – unless you work for one of the 85 Boston area companies offering free, daily meals! As some employers struggle to entice workers back to the office, others are finding that free lunch brings people back together....

Boston Metro Commercial Real Estate Faces Headwinds

by admin | Mar 28, 2023 | blog, Boston Metro Area, Commercial Real Estate, Market Updates

A Boston-based Real Estate Investment Trust has projected a national recession for commercial real estate, according to a February article in Boston Bisnow. The CEO of BPX, Owen Thomas, declared that commercial real estate is “currently in a recession”...

Steady Business Conditions Expected for Greater Boston

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...

Subleasing Grows in Boston Metro as Office Vacancies Rise

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...
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Jay Nuss Realty Group, LLC
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Braintree, MA 02184

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