A Quick Peek at Boston’s Core District Recent Activity
March 29, 2017 - By Encopmass Real Estate Solutions
Recent CRE Activity In Boston's Core
Vacancy decreased 0.5 percent to 9.1 percent as tenants absorbed 154,000 sf, extending a recent trend where occupancy has increased in four of the past five quarters.
◊ Tenants continue to drive substantial absorption in Class A space in the Greenway; 215,000 sf of quarterly demand included Wells Fargo’s 151,000 sf consolidated location at 125 High Street.
◊ Publicis.Sapient and DigitasLBi will move into a combined 217,000 sf at 40 Water Street in 2018; the move is the second major media company to move into a redevelopment of an older Core facility,following Havas Media’s move into 426 Washington Street, in 2016.
◊ South Station air rights may expire by the end of April if development is not underway by April 30.
◊ The Boston Planning and Development Agency approved a zoning measure which would allow The Chiofaro Company to construct a 600-foot tower they proposed in place of the Aquarium Garage.
Read the recent report on Boston’s Core here, by Perry Brokerage
-
3 Hawkins St. in Somerville, built to Passive House standards. Photo: Nauset Construction
March 27, 2024
Full Story
Real Briefs
Preconstruction Key to Balancing Economics and Sustainability in Multifamily Development
March 27, 2024 | Benjamin Goldfarb
In the multifamily sector, developers are recognizing the importance of planning early for project sustainability ...
-
179 Lincoln Street, Boston MA
March 25, 2024
Full Story
Real Briefs
Greaney/Synergy Continue Buying Boston With Historic Beaux-Arts, Class-A 179 Lincoln
March 25, 2024
Boston — Fresh off tying up two Downtown class-A office buildings at 410 Atlantic Ave and 101 Arch Street (first reported on The
-
19 West Road & 10 Skatet Corners, Orleans MA
March 21, 2024
Full Story
Real Briefs
MassHousing Provides $19.2 M for 62 Affordable, Workforce Rentals at Former Cape Cod Five Ops Cntr
March 21, 2024
Boston – MassHousing is providing $19.2 million in affordable and workforce housing financing to Pennrose, LLC for the redevelop
-
501 Boylston Street, Boston MA
March 19, 2024
Full Story
Real Briefs
Nuveen RE Awards Cushman & Wakefield New 1.4 MSF Property Management Assignments
March 19, 2024
Boston — Cushman & Wakefield reported that the real estate services firm has been awarded a new property management assignment b
-
Eagle Mill Complex, Lee MA (Rendering)
March 18, 2024
Full Story
Real Briefs
Rockland Trust Provides Financing Package For Former Mill In Lee; $21M Construction Loan Included
March 18, 2024
LEE — Rockland Trust provided a financing package for the first phase of the redevelopment complex branded, The Eagle Mill, in L