Viewing posts from: July 2016
Eataly
19Jul
Food Halls Creating Opportunity for CRE Development
NewsLeave a comment

One of the major retail spaces that has undergone a reinvention is the food court, now reimagined as global food halls. This concept of combining the traditional market with upscale food vendors is not a new one, however it is quickly spreading and creating new engaging spaces throughout cities. These types of developments not only […]

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91 Newbury Street
15Jul
Developers Seeking Unique New Brands for Newbury Street
RetailLeave a comment

Small retailers and unique boutiques are hoping to make their return to Newbury Street and bring back the quaint charm the famous shopping street once had. In recent years many chain stores have begun to take over, but developers and landlords are hoping to attract new luxury and unique shops with competitive rents and flexible leases, […]

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Office Space
14Jul
Summer in the City: Boston’s Class B Rising Office Rents
Downtown OfficeLeave a comment

The rising tide continues for office rents across all submarkets of Boston. View a breakdown of Boston Class B office rents by neighborhood below. The Back Bay takes the high water mark at $62/SF on Newbury Street, however, the Seaport continues to experience the fastest rent growth and limited value options under $40/SF. Wondering what […]

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Kendall Square Innovation Center
13Jul
Commercial Laboratory Real Estate Growth and Future in Boston
NewsLeave a comment

East Cambridge is known for being the world’s most compact cluster of biotechnology experts, according to Encompass Green 2016.2 report. Within the report they analyze commercial laboratory real estate in the second quarter of 2016, which showed record absorption, increasing vacancy rates and other important developments. According to the statistics there was a record absorption […]

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NorthPoint Development
05Jul
Huge New Development Coming to NorthPoint Cambridge
NewsLeave a comment

The giant NorthPoint parcel in Cambridge will finally begin to see new development after it was bought by DivcoWest last year. The 42-acre site between Interstate 93 and the Museum of Science hopes to become an extension of the East Cambridge neighborhood, with plans for around 5-million square feet of development. Plans for the first phase […]

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