by admin | Dec 14, 2020 | blog, Market Updates
Boston Metro commercial real estate experienced dynamically different market conditions during 2020. While the pandemic helped increased demand for lab space and warehouse space, it had significant, adverse impacts on retail, hospitality and office sectors. Now that...
by admin | Aug 10, 2020 | blog, Commercial Real Estate, Market Updates
The demand for lab space by the life science industry is a boon for Boston Metro commercial real estate. According to Boston Bisnow, about 100 local life science companies are working on some facet of COVID-19 research. Overall, Massachusetts life science companies...
by admin | Jul 13, 2020 | blog, Commercial Real Estate, Market Updates
A Manpower survey indicates that the Boston Metro will see muted job growth during the third quarter of 2020. The survey includes over 34,000 public and private employers across 43 countries and territories, with results broken down by region. Here’s the Boston...
by admin | Jul 1, 2020 | blog, Commercial Real Estate, Market Updates, Small Business Tips
As Boston Metro businesses adjust to changing needs in staffing, subleasing is becoming a popular option. Boston Bisnow reports that subleased office space in the Boston Metro reached a 10-year high during the second quarter of 2020. The sectors giving up the most...
by admin | Jun 9, 2020 | blog, Commercial Real Estate, Market Updates
The Boston Metro continued to grapple with pandemic-related disruptions during the second quarter of 2020. According to the latest Beige Book report from the Federal Reserve Bank of Boston, most industries have borne the challenges fairly well, but hospitality and...
by admin | Nov 15, 2019 | blog, Market Updates
The Boston Metro economy is still going strong. According to Boston Bisnow, Boston has seen 125 consecutive months of economic expansion. The city holds an enviable unemployment rate of just 2.7%, and enjoys a positive net migration of new residents. During the first...
