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 | 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...
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 | Mar 22, 2017 | blog, Market Updates
The latest regional economic surveys conducted by the Federal Reserve Bank of Boston, as published in the Beige Book, show continued optimism for commercial real estate during 2017. Here are highlights from the first quarter report! Commercial real estate activity was...
by admin | Oct 6, 2015 | blog, Boston Metro Area, Commercial Real Estate, Market Updates
Robust employment and a healthy economy is driving office space demand in the Boston Metro, according to a recent article in the Boston Business Journal. Steady growth in the overall number of jobs, as well as an increase in higher-wage, office-based jobs, has kept...
