Developers are circling South Boston to be Boston’s next life science hub, and the historically Irish, and often isolated, enclave is mostly opening its arms. “I don’t think there’s been any opposition to it coming since Gillette has been such a presence in that stretch of South Boston for a long time,” South Boston Neighborhood Development […]
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Read MoreHigh Street Place, the $30 million food hall coming to the atrium connecting 160 Federal St. and 100 High St. in downtown Boston, has named its first slate of food and beverage vendors, including two concepts from celebrity chef Tiffani Faison and the first brick-and-mortar location for a popular Mexican food truck. Architecture firm Gensler and Philadelphia-based […]
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MARKET HIGHLIGHTS • Subleases are the only value left (if you can find one) • Percent annual rent increase are the new market norm (change from $/SF) = Greater impact on longterm occupancy costs • Landlord allowances are at historically low levels as a % of overall tenant improvement costs • Spec suites are keeping […]
Read MoreBoston Realty Advisors Completes $25.1M Sale of Prized Downtown Nantucket Inns, Retail
HospitalityNANTUCKET—Exclusive broker Boston Realty Advisors dubbed it “absolutely irreplaceable,” and that outlook five years ago has been validated in this week’s $25.1 million trade of a hospitality and retail portfolio taking up an entire downtown block, the four buildings with 60 rentals mixing old-world charm and new construction in the epicenter of all the island retreat offers […]
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