Rents across all Boston submarkets are at unprecedented levels. Between 2010-2016, the Class A market has experienced an average rent increase of 42.07%. The Class B market has experienced an even larger average rent increase of 58.13%. Why are rents so high? Where is the value in today’s office market? What is the smart move […]
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Viewing posts from: Downtown Office
ASSIGNMENT: A cool “SoHo like” office building located in Boston’s Midtown/South Station neighborhood experienced its Flagship tenant, over 35,000 SF, go into sudden bankruptcy. The building was going from 100% occupied to possibly 46% vacant overnight. The building was perceived to be a less desirable option due to under improved spaces and new availability of improved […]
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ASSIGNMENT: Since 2012, Peter Bean has been representing Criteo Corp., a Parisian based digital marketing firm with over 1,600 employees in over 27 offices worldwide. As a newly funded start-up seeking to establish a sales presence in Boston, Peter navigated Criteo from a small, short-term office environment at Faneuil Hall to two full floors at one […]
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