Big Price on Back Bay Office Buildings

Posted at 08/19/2015 12:04 PM by Tristam Tredgett

The twinned Back Bay office buildings are up for sale and the price tag is one of the biggest in Boston, ever. Blackstone Group LP is hoping to sell 500 Boylston Street and 222 Berkeley to a duo of companies, Oxford Properties Group and JP Morgan Chase for $1.3 billion. The top going rate for […]

Rita’s Italian Ice Looking to Open 30 Massachusetts Locations

Posted at 06/22/2015 9:08 PM by Brent Dumont

A local business woman is partnering with Pennsylvania based Rita’s Franchise Co. in an effort to bring their Italian Ice concept chain to the East Coast and more specifically to Massachusetts. Patricia Shelton, a Roxbury native and entrepreneur has left her sales and business management past back in corporate America and is instead investing $350,000 […]

Unemployment Rate the Lowest since 2007

Posted at 06/18/2015 9:29 PM by Brent Dumont

More great news for the local economy came today with the latest unemployment numbers. The rate dropped again this past month from 4.7% in April to 4.6% in May. This latest drop is now the lowest that Massachusetts has seen since December of 2007. Massachusetts comes in nearly a full point below the national average […]

Back Bay Office Buildings Listed for $1.5 BILLION

Posted at 06/05/2015 4:21 PM by Brent Dumont

According to the Boston Globe, Blackstone Group LP is set to sell two Boston Back Bay office buildings. One located at 500 Boylston Street and the other abutting building at 222 Berkeley Street. Combined the buildings total around 1.3 million square feet. Simple math would tell you that at the rumored price of $1.5 billion, […]

Boston Property Values are Erupting

Posted at 05/27/2015 12:56 PM by Tristam Tredgett

Due to the vast construction and ever increasing real estate prices, the value of Boston’s taxable property is going through the roof. The Boston Municipal Research Bureau published a report last week stating that Boston’s fiscal 2015 taxable value has surpassed $100 billion for the first time in Boston’s history. Much of the surge is […]