by admin | Apr 19, 2021 | blog, Boston Metro Area, Commercial Real Estate, Market Updates
Competition for modern warehousing and manufacturing facilities is heating up in the Boston Metro, driving up lease costs. According to an analysis by CBRE, as reported in Boston Bisnow, asking rents for industrial properties increased over 6% on a year-over-year...
by admin | Feb 4, 2021 | blog, Commercial Real Estate
Boston Metro office occupancy reached significant lows during the fourth quarter of 2020, according to a recent article in Boston Bisnow. Rent prices posted a rare decline as vacancy levels increased and sublease activity spiked. As of December 2020, downtown offices...
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...