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 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 | Sep 28, 2021 | blog, Commercial Real Estate, Small Business Tips
Finding the ideal Boston Metro location for your business takes time. With the help of experienced tenant representation, the process of finding, leasing or purchasing Boston Metro commercial real estate is more efficient and productive. It will also help you avoid...
by admin | Aug 19, 2021 | blog, Boston Metro Area, Commercial Real Estate
Despite a lingering pandemic, the outlook for commercial real estate in the Boston Metro is largely positive for the rest of 2021, according to the 2nd Quarter Beige Book Report by the Federal Reserve Bank of Boston. Here are key highlights from the report! Labor and...
by admin | Jun 7, 2021 | blog, Commercial Real Estate, Small Business Tips
For Boston Metro businesses currently grappling with increased costs and/or a reduction of capital, recovering from the pandemic’s effects is a work in progress. Renegotiating your lease isn’t a silver bullet for all financial shortfalls and...
