How should I approach value today? Property valuations of non-hospitality related asset classes are down approximately 5% – 10% with many investors requiring a ‘credit’ guarantee on all rents for new acquisitions. We are also starting to see a systemic shift in underwriting, with a drastically more conservative outlook on vacancy, future rent projections, and […]
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The Massachusetts Council of Human Service Providers, a/k/a “The Providers,” relocated from Boston and signed a new long-term lease for more than 7,000 square feet at National Development’s 100 Crossing Boulevard in Framingham, MA. The Providers relocated from 4,200 square feet at 88 Broad St. The Providers selected 100 Crossing Boulevard in part because of […]
Read MoreBoston real estate sees plenty of opportunities to be made from WeWork’s uncertain future. Landlords and brokers are keeping an eye on Boston’s second-largest office tenant, which is currently teetering on the edge of massive layoffs and financial uncertainty. Two potential WeWork deals, one in Beacon Hill and one in the Financial District, were called […]
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