East Cambridge is known for being the world’s most compact cluster of biotechnology experts, according to Encompass Green 2016.2 report. Within the report they analyze commercial laboratory real estate in the second quarter of 2016, which showed record absorption, increasing vacancy rates and other important developments. According to the statistics there was a record absorption […]
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Viewing posts from: Commercial Real Estate
The Seaport is seeing a boom of new development and the latest tenants to announce their residency is The Boston Consulting Group Inc. The management consulting firm will combine their two Boston offices and relocate to Pier 4 by June 2018, according to the Boston Business Journal. 700 employees will move into 202,000 square feet […]
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Boston’s real estate market can actually benefit from Britain leaving the European Union, according to the Boston Globe. Despite the current negative effects on the stock markets, the rise in the value of the dollar and other factors are having a positive impact on both residential and commercial real estate in Boston. In residential real […]
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There is a shortage of hotels on Boston’s waterfront and it is preventing a planned expansion of Boston Convention & Exhibition Center moving forward. According to the Boston Globe, the Massachusetts Convention Center Authority released a report stating the need for new hotels in order to get the most use out of the convention center. […]
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A new study confirms the benefits of having real estate in pedestrian and transit-friendly areas, according to Banker & Tradesman. Boston is in the top three cities where rent is significantly higher for walkable commercial and multi-family properties compared to suburban developments. A study released by LOCUS, looked at 30 metro areas and compared walkable urban […]
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