by admin | Jul 18, 2018 | blog, Boston Metro Area
High demand for hotel rooms in the Boston Metro is prompting a spate of new development, according to a recent article in the Patriot-Ledger. About 1,445 new hotel rooms will be opening during 2018, marking a 5.6% increase over the prior year. Consistent occupancy,...
by admin | Jul 11, 2018 | blog, Commercial Real Estate
The long-term outlook for the Boston Metro office sector is positive, despite a small uptick in vacancy rates during the second quarter of 2018. Here’s the highlights from Boston Bisnow, along with insights from the Jay Nuss Realty Group, LLC! Office vacancies...
by admin | Jun 18, 2018 | blog, Market Updates
Changing dynamics could impact commercial real estate markets in the near future, according to a new report by The Counselors of Real Estate, an international trade association. The report’s projections for the next 18 months are based on a multitude of factors....
by admin | Jun 13, 2018 | blog, Market Updates
The spate of multi-family construction in the Boston Metro is bringing new units to market at a brisk pace. According to a report by Yardi Matrix, as published in Commercial Property Executive, about 15,000 units are in development. Investor interest Boston Metro...
by admin | Apr 17, 2018 | blog, Commercial Real Estate
Empty storefronts and vacant buildings are the drawing the ire of some Boston City Councilors, who have introduced a hearing to find solutions for “high-rent blight.” The aim is to reduce the number of long-term, vacant commercial storefronts and...
