Boston’s retail market did not experience much change in the first quarter of 2018 and remains strong. There has been a lot of press around the impending doom of retail, but, in my opinion, that is over-hyped. The retail environment is constantly changing – clothing stores are seeing a higher percentage of sales online, but “experiential” [...]
Companies continue to look for opportunities to move and expand into Boston. Here are some highlights on the current office market with data from CoStar’s First Quarter 2018 Boston Office Market [...]
Eric Shabshelowitz, Vice President of Commercial, is speaking at the 2017 Commercial Real Estate Market Forecast Summit hosted by New England Real Estate Journal on December 8th. Register today to attend the event and hear from our commercial expert!
We are still compiling and analyzing data for our annual investment property report, which provides a comprehensive multi-family analysis. If you would like to receive that report once it is available, please email [...]
Boston's retail market also remained strong in Q3 2015. Vacancy was down to 3.7% at the end of the quarter, compared with 3.9% in Q4 2014. Asking rent rates were also up - at $17.83/SF, up 5.38% from four quarters earlier. (Remember, those averages are across the greater Boston area - in Q3 2015, average quoted rent rates were $90.80/SF in [...]
Boston's office market remained strong in Q3 2015. Overall vacancy in the Boston area decreased to 9.1%, down from 9.2% at the end of Q2 2015 and 9.3% at the end of Q4 2014. Vacancy in Boston's central business district (CBD) was down to 7.6%, compare that with Q4 2014 when vacancy was at 8.3%. Interestingly, the vacancy rate for Class A [...]
Vice President and lead Commercial Real Estate broker, Eric Shabshelowitz, recently helped find a new space for the beloved Café Quattro in the South End! Previously located on Somerset Street downtown, Café Quattro thought the South End would be a great landing spot for the new [...]