By Cameron Sperance | Bisnow | March 5, 2020 A string of recent layoffs in Boston was bad news for the city’s typically robust tech sector. But analysts say the furloughs have more to do with normal business operations than signs of a tech pullback from Beantown. Cambridge-based Akamai Technologies cut around 75 jobs in early February. Wayfair laid off […]
Read MoreInsights
Viewing posts from: Suburban Office
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 […]
Read More
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 More