by admin | Nov 9, 2023 | blog, Market Updates
Massachusetts, a state renowned for its rich history, prestigious educational institutions, and thriving tech ecosystem, is no stranger to the rising trend of co-working spaces. Over the past decade, co-working has transformed from a niche option for freelancers and...
by admin | May 31, 2023 | blog, Market Updates
While commercial real estate analysts have a cautious outlook these days, the Boston multi-family sector is holding steady and poised for growth. According to a first quarter 2023 report by Colliers, Boston’s multi-family vacancy rate is in line with 10-year...
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”...
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 | Mar 29, 2022 | blog, Commercial Real Estate, Market Updates
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...
by admin | Feb 11, 2022 | blog, Commercial Real Estate, Market Updates
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...
