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...
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...
by admin | Aug 21, 2020 | blog, Boston Metro Area, Commercial Real Estate
While Boston wasn’t selected for Amazon’s second headquarters, the e-commerce giant has taken a keen interest in Boston Metro commercial real estate. Amazon’s recent moves can be taken as an indicator of the region’s economic resiliency and...
by admin | Jul 23, 2019 | blog, Boston Metro Area
A new report by CBRE, as published in Boston Curbed, names Boston as one of the top 10 U.S. cities for technology talent, landing at #7. By the numbers, about 5.8% of all Boston Metro employment is connected to the tech field. In contrast, the national average for the...
by admin | Nov 9, 2018 | blog, Market Updates
Despite the woes of some national chains, the demand for retail space in the Boston Metro and other premium markets is on the upswing. According to CBRE and REBusiness Online, lease prices are increasing by 4% or more in areas where strong retail activity is present....