While build-to-suit activity propped up absorption, Greater Boston’s commercial real estate markets ended the second quarter with mixed results. Overall market conditions remain positive, however, growth has slowed to a more moderate pace. In the office market, vacancies were flat compared to last quarter as both the Downtown and Cambridge markets posted negative absorption. Biogen’s … Continue reading NAI Hunneman Q2 Market Recap Now Available
Below represents recent blog posts of interest from around the commercial real estate universe curated by the NAI Hunneman Research Department. Amazon’s Whole Foods Buy Could Transform Retail CRE - Nothing has disrupted retail real estate over the last decade, save the Great Recession, more than Amazon. (Source: VTS) Changing Retail Markets Are Forcing Landlords … Continue reading Weekly CRE Blog Roundup
By Liz Berthelette Preliminary April data from the Bureau of Labor Statistics (BLS) highlights a fourth-straight month of rising unemployment rates in Massachusetts. While the number of employed grew by more than 65,000 or 1.9% during the first fourth months of 2017, the labor force also rose at a steady clip. Comparing the Commonwealth to … Continue reading Local Unemployment Rates Rising. Should we be Concerned?
By Liz Berthelette This morning NAIOP Massachusetts hosted its annual Mid-Year Market Roundup. The expert panel presented to a packed-room of real estate professionals; covering topics related to the economy, local and national property markets as well as capital markets. A common theme throughout the presentation was “slower, but not slow.” Below are just some … Continue reading A Breakdown of NAIOP’s Mid-Year Market Roundup
Below represents recent blog posts of interest from around the commercial real estate universe curated by the NAI Hunneman Research Department. 5 issues that scare off commercial tenants - As a commercial real estate broker, you’ve mastered what is truly a complicated industry. (Source: Apto) Mixed-Use: Creating New Value for Retail Properties - The blurring … Continue reading Weekly CRE Blog Roundup
Vice President with NAI Hunneman’s Appraisal & Consulting Group awarded MAI designation by The Appraisal Institute Boston – NAI Hunneman is pleased to announce that Christopher M. Walsh, MAI, an appraiser and Vice President has been awarded the Appraisal Institute’s prestigious MAI designation. Mr. Walsh has been a real estate appraiser and consultant in Greater … Continue reading Chris Walsh Receives MAI Designation
Below represents recent blog posts of interest from around the commercial real estate universe curated by the NAI Hunneman Research Department. 3 Ways Last-Mile Delivery is Impacting Local CRE Markets - Last-mile delivery is the process of getting a product to its final destination. (Source: NAI Global) 10 Tips to Choosing a Property Management Company … Continue reading Weekly CRE Blog Roundup
By Liz Berthelette - Director of Research East Boston boasts a major transportation hub (Logan International Airport), public transit access (the Blue Line), an eclectic mix of commercial users, plenty of highly-sought after industrial space (ripe for conversion) and water views. Sound familiar? Looking at the Seaport just 5-10 years ago; you’ll find a similar … Continue reading 5 Reasons Why East Boston Could be Boston’s Next Seaport
NAI Hunneman's Research Department is pleased to present its new multifamily market report for the Greater Boston area. The report provides information on both market-rate as well as affordable product, and covers the Greater Boston, Providence and Springfield/Worcester Metropolitan areas. Some of the report's highlights for Q1 include: Demand drivers impress as both population and … Continue reading New from our Research Department: NAI Hunneman’s Multifamily Market Report
Purchasing a commercial property can be challenging; sometimes requiring a significant amount of due diligence in a short period of time. During this truncated timeframe, the new buyers need to complete a detailed investigation of the property to determine whether or not they remain satisfied with the asset and all its systems before closing the … Continue reading Buying Commercial Real Estate? Here are 3 Advantages to Property Management’s Involvement in the Due Diligence Process.