Market Highlights The Class B market availability stabilized beginning in the 2nd quarter of 2021 showing a modest increase year of year from 2020. Modest leasing activity and tenants recapturing spaces from the sublease market offset the Q1 2021 spike in availability. The Seaport/Fort Point outperformed all other markets as lab conversion removed inventory and […]
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Viewing posts from: Boston
21Mar
BOSTON REALTY ADVISORS’ OFFICE MARKET REPORT – GREATER BOSTON CLASS B
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Rare Beacon Hill Portfolio Acquired Across from the State House July 31, 2023 – By Tom Palmer Boston Realty Advisors, the largest independent real estate brokerage in Massachusetts, represented the seller in the sale of 63-65 Hancock St., a two-building, 22-unit multifamily asset in Boston’s Beacon Hill neighborhood, one of Boston’s most picturesque locations. The buildings […]
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14Mar
Boston Realty Advisors’ Office Market Report – Greater Boston Class A
Downtown OfficeLeave a commentMarket Highlights The Class A market experienced a significant increase in availability across all submarkets, with only the Seaport/Fort Point as the exception. New construction outperformed the existing inventory; pre-leasing or securing larger tenants seeking flight to quality. Demand overall continued to be hindered by the Pandemic; however, an uptick in Q3/Q4 leasing activity has […]
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18Mar
Boston Realty Advisors’ Office Market Report – Greater Boston Class B
Downtown OfficeLeave a commentMarket Highlights The Class A market experienced a significant increase in availability across all submarkets, with only the Seaport/Fort Point as the exception. New construction outperformed the existing inventory; pre-leasing or securing larger tenants seeking flight to quality. Demand overall continued to be hindered by the Pandemic; however, an uptick in Q3/Q4 leasing activity has […]
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03Mar
Boston’s residential neighborhoods are thriving, while downtown struggles
Boston Commercial Real EstateBy Diti Kohli Globe Staff The revival of resident neighborhoods also has to do with economics. A storefront that goes for $90 per square foot downtown could lease for around $40 in the urban edge areas, said Whitney Gallivan of Boston Real Estate Advisors. Rent “in the neighborhoods could be a quarter of what it […]
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