Personnel File – No. 388
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Broker Sees Chance of Rent Declines in Boston
As the prevalent September lease rollover date approaches, Boston renters could see some relief for the first time since the pandemic.
Restaurants More Important than Ever for Leasing Strategies
Bostonians’ changing work habits and the new importance of delivery for restaurants’ revenue streams are upending traditional suburban leasing strategies and even reshaping what food and beverage tenants need in a potential space.
Boston Suburbs Drawing More Office Tenants as Downtown Wanes
Declining rents and shorter employee commutes are prompting eastern Massachusetts companies to favor suburban office deals, according to local brokerage research.
3D Simulations Firm Relocates to Financial District
A German company that provides 3D visualization tools is consolidating and expanding its office space with a relocation to 2 Oliver St. in downtown Boston.
Personnel File – No. 371
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Fed Rate Policy Dims CRE Outlook
High cost of debt and the Federal Reserve’s diminished rate-cutting plans are weighing on property valuations and continue to discourage transactions in many asset categories, commercial real estate executives said at an industry forum.
Healey’s Climate Push Could Jumpstart Suburban Properties
While office tenants downsize, developers and brokers see a growing source of tenant demand for flex properties including a mix of office, research and light manufacturing space.
Downtown Landlords Expand Ground-Floor Horizons
If downtown Boston fully regains its retail footings, it will be through discarding cookie-cutter leasing strategies reliant on fast-casual franchises and clothing chains.
With Banks Pulling Back, Who’s Financing Office Deals?
Behind the scenes of Boston’s troubled office market, landlords and lenders are seeking ways to restructure their existing debt, keep control of properties and avoid foreclosure.
Boston Office Rents Drop 10 Percent from Peak
Office vacancies in Boston rose slightly in the first quarter, and a wave of expiring leases in coming months will provide hints at the future direction of the market.
Avison Young Agrees to Appoint New Board, Restructures Debt
Avison Young completed a debt restructuring deal after defaulting on payments in the second half of 2023 and agreed to appoint a new board of directors.
Amid CRE Slowdown, Opportunities in Play
2024 promises to be a year of reckoning for many Boston-area commercial property owners as rising vacancies and expiring mortgages threaten their once-lucrative business plans.
Office Vital Signs Point to ‘Year of the Tenant’
Construction cranes everywhere. Big tenants’ space backfilled when they move to a new tower. If you didn’t know better, Boston’s office market might seem like it’s humming along in a strong economy.
Drone Researchers Will Relocate to Schrafft Center
A Boston company that develops drone technology for the agriculture sector expanded with relocation to the Schrafft Center in Charlestown.
Billerica Manufacturer Leases Portion of Old Puma HQ
A Billerica manufacturer will relocate to the former Puma headquarters in Westford in a move that reduces its space footprint by more than half.
Supply Glut Prompts a Look Beyond Labs
Greater Boston’s 16 million-square-foot lab construction pipeline used to represent an exclamation point for the region’s life science industry. Today, it’s one of the biggest question marks in the local commercial real estate market.
Everyone Wants a Piece of Biotech Startups
As life science tenant space requirements become scarcer in the more conservative venture capital climate, Boston area developers are adapting to the new leasing landscape with incubator space aimed at small startups.
New Leadership Arrives at a Turning Point
John Dolan – also known as the Bruins’ PA announcer – takes over leadership of brokerage Avison Young’s New England region at a critical moment in the region’s commercial real estate industry.
Personnel File – No. 331
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s the latest installment of Banker & Tradesman’s Personnel File.
