Upside Seen At One Kendall Square By Steve Adams Although it’s currently 98 percent leased, the 644,000-square-foot One Kendall Square complex could be positioned to capture more high-rent life science tenants in coming years. It was built as a sprawling factory complex that manufactured fire hoses and bicycle tires. Expanded in the 1980s, One Kendall […]
Banker & Tradesman, Commercial Real Estate, Coverage, Cresa, Cresa Boston
BY JOE CLEMENTS Tenant representation expert Matthew Harvey has big news— literally—to offer Cresa Boston clients seeking a home in one of the country’s most expensive and priciest office markets, although many might figuratively be shocked at hearing his report. “You are seeing big blocks of space coming out in the Back Bay— that’s the […]
Commercial Real Estate, Coverage, Cresa, Cresa Boston, The Real ReporterLife Science Sector Shopping For 3.7M SF By Steve Adams | Nov 6, 2016 Lopsided disparities between supply and demand are the story of the Cambridge lab market like never before, with tenant requirements outpacing availabilities more than 20-to-1. With direct vacancies falling below 1 percent, asking triple-net rents have risen 45 percent over the last two […]
Banker & Tradesman, Commercial Real Estate, Coverage, Cresa, Cresa BostonSteve Adams | Oct 28, 2016 A vacant parcel in Boston’s Seaport District that gained notoriety as home to an 8-story-high snow farm during the winter of 2015 will be developed as a speculative 125,000-square-foot office and lab complex. Boston developer Related Beal and Danvers-based Kavanagh Advisory Group are partnering on the project. The two […]
Banker & Tradesman, Commercial Real Estate, Coverage, Cresa, Cresa BostonOctober 13, 2016 | By: Joe Clements BURLINGTON — There is a chill in suburban Boston as 2016’s final frame opens against frost-encrusted dawns leading to crisp October evenings suggesting icier times ahead, and an assessment of suburban Route 128 North by Cresa is forecasting frigid conditions in the offing for office buildings as well, […]
Commercial Real Estate, Coverage, Cresa, Cresa Boston, The Real ReporterBY: STEVE ADAMS Back Bay has some of Boston’s most architecturally distinct landmarks and picturesque streets – and the city’s highest office rents to match. An upcoming exodus of major tenants will force landlords to get creative finding their replacements. Approximately 800,000 square feet of direct space will become available in the next 12 months […]
Banker & Tradesman, Commercial Real Estate, Coverage, Cresa, Cresa Boston
Cresa Boston was recently recognized by the Boston Business Journal as one of the “Best Places to Work” in Massachusetts. The commercial real estate advisory firm, the largest in New England specializing in tenant representation, was among the 20 winners in Small Company Category. This is the 10th year Cresa Boston has received the honor […]
Best Places to Work, Boston Business Journal, CityBizList, Commercial Real Estate, Coverage, Cresa, Cresa BostonBy: Joe Clements Finding a cost-conscious tenant space in one of North America’s priciest office markets—and securing it in at a landmark address—can be daunting to say the least, yet that is what has occurred via a 37,600-sf lease at the pioneering Prudential Tower anchoring Boston’s Back Bay where first-class rents in the latest Cresa […]
Commercial Real Estate, Coverage, Cresa, Cresa Boston, The Real Reporter
