Funding condominium construction has slowly become a much more complicated process throughout the last decade, according to The Real Deal. Especially in the past year, the amount of money that banks in the US are willing to lend to developers has decreased a large amount, especially for high-end luxury projects. This decrease is forcing developers […]
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Boston’s office market in particular is one of the country’s strongest and is currently ranked as the 6th tightest office market nationwide. The most recent announcement of GE moving its world headquarters to Boston’s Seaport combined with established fortune 500’s and a continued influx of new startup technology and life science companies, make Boston’s office […]
Read MoreOne 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 […]
Read MoreSmall 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, […]
Read MoreThe 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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