BOSTON—Extra traffic is expected this autumn near Boston’s Museum of Fine Arts, the catalyst being CRE prospectors touring 77 and 81 Park Dr., elegant apartment properties now available to investors for the first time in a half-century. Fifty five units in two buildings enjoying views of the MFA and Fenway’s famed public rose garden next […]
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The coronavirus pandemic has effected the entire world and every industry. The economy is at a halt and the number of unemployment claims are growing at a rate we haven’t seen since the Great Depression. According to the Washington Post, 25% of the national unemployment claim come from the food and beverage (F&B) industry. Compared […]
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Boston Realty Advisors Sells Trophy Cambridge Apartment Asset to NY Firm for $11.5M
Capital MarketsCAMBRIDGE—After a fast-paced battle targeting 922 Massachusetts Ave., New York-based Columbia Partners has taken the prized 31-unit apartment building in teeming Central Square offered this spring through Boston Realty Advisors. The Emerson fetched $11.5 million and was financed with $7.5 million from Cambridge Trust Co. “We are excited with our acquisition of The Emerson and […]
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Protecting Your Office Portfolio: How To Streamline Building Efficiency & Operation To Create Value
Downtown OfficeLeave a commentNow more than ever, it’s important to go above and beyond to protect your commercial real estate portfolio. The best way to do this is by streamlining operations, reducing expenses and understanding what innovative methods can be used to maximize a portfolio. The office market has seen a dramatic drop in occupancy and operation- based […]
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These are boom times for WeWork. The co-working giant has been scooping up Boston office space at a torrid clip, some 1.5 million square feet in 16 buildings, from downtown towers to Fort Point warehouses. That’s nearly a Hancock Tower of desks that it rents from landlords and then sublets on flexible terms to everyone […]
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