Blog :: 07-2018

Four Seasons One Dalton Street: Sneak Peek

Four Seasons One Dalton hard hat tour with vests, goggles, gloves and construction boots!  (See our photos from the 54th floor)  Cabot & Company was treated to an exhilarating tour of the much anticipated luxury hotel and private condominium property at One Dalton Street, which will be 61 stories tall when complete.
 
  
  
 
Some of the exciting state of the art amenities include a Private Resident’s Club Lounge in the sky with a TV lounge, full bar, kitchen and terrace.  The building also offers a salon and spa, fitness center, steam rooms, golf simulator room with wet bar, private theater room, indoor lap pool, family activity center and more!  The contemporary homes will have floor to ceiling windows, custom Semantic cabinetry and marble baths.  
 
Thank you to Sarah Ragsdale and Gabby Guagliano Baron for a great day!!
 
Contact us for detailed unit information and pricing.  
 
 
 

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Prime Real Estate to Celebrate the Fourth of July in Boston

July 4, 1929:  Boston’s first free Fourth of July concert along the picturesque Charles River. That season of events was enjoyed by over 208,000 people.
 
July 4, 1974:  The first free concert on The Esplanade, including cannons and fireworks. That evening alone attracted a record 400,000 people.
 
Now:  More than 1/2 million people watch from the banks of the Charles River, and millions view on television!
 
 
 
Find homes here that are close to the Charles River (some even offer the private roof decks with incredible views).
 
 

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Boston Retail Market: Q1 2018 Update

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” retailers are expanding.  Here are some highlights of Boston’s retail market:
 

Boston’s Retail Leasing Market

  • Average Rent Rates Increased: +2.7% over Q4 2017, +9.44% over Q1 2017.
  • Vacancy Rate Increased Slightly: 3.0%. Vacancy rate was 2.9% in second, third and fourth quarters of 2017. 
  • Negative Net Absorption:  Retail net absorption in Boston in Q1 2018 was -297,204 square feet.  This means that more retail space became available than was moved into. The past three quarters all had a positive absorption rates.

 

Boston’s Retail Sales Market

  • Sale Volume Increased:  Retail sales activity rose during Q4 2017 compared to Q3 2017.
  • Sale Prices Increased:  The average price per square foot in Q4 2017 was $203.81, compared to $145.74 in Q3 2017.
  • One of the largest transactions in the past year was the sale of the retail block at 201 Newbury Street, which consisted of 24,712 square feet for $75 million, or $3,034.96 per square foot.

           

Are you searching for retail space in the Boston area?  Feel free to browse available retail space for lease and retail space for sale, or contact us for assistance.

 

 

 

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