Articles Posted in the " Boston " Category

  • 2014 Forecast Hopeful for Boston’s Real Estate Market

    Although it’s not even Thanksgiving, market trends for 2014 are already appearing.  Real estate trends forecast that “Second-tier cities will lead the [real estate] recovery next year”.  Cities like Dallas and Portland are becoming more enticing than the “always open” mindset of New York and San Francisco.  While this is appealing for some, what does […]

  • “Smoke This” Ribfest caps off eventful Boston weekend

    This past Sunday, two blocks of Cambridge Street were closed off to make way for the 4th annual “Smoke This” Ribfest, sponsored by the East Cambridge Business Association. As a longstanding member of the ECBA, several of us at ABG donated our afternoon to volunteer at this lively and taste-bud-friendly event. The event went off without […]

  • Zipcar Parades into Innovation District

    This past Monday, local carsharing company Zipcar celebrated the relocation of its global headquarters from Cambridge to Boston with a parade. A procession of Zipcars and Zipvans made its way over to the company’s new location in the Hub’s Innovation District. Zipcar’s move into the Innovation District – a highly-coveted area for businesses, especially startups […]

  • “Graduated” Startups Find Downtown Office Space

    Dozens of startup companies have found a new destination for affordable office space: Downtown Crossing. The more popular destinations, such as Boston’s Seaport/Innovation District and Kendall Square in Cambridge, have proven too expensive for these emerging companies. The 1.4 million square foot Downtown Crossing submarket is better known as the hub of department store shopping […]

  • Startup Expands to Downtown Boston

    Adding to the growing concentration of startup companies expanding to Boston, Nasuni Corporation is opening up a second office in the Hub. Currently headquartered in Natick, Nasuni’s new sales and marketing office at 101 Arch Street is expected to open as early as July 1st. Nasuni is a storage vendor known for introducing Storage Infrastructure-as-a […]

  • Synergy buys Seaport Office buildings

    Boston-based real estate investment and development firm Synergy Investments is continuing its spending spree, partnering with DivcoWest to buy a pair of office buildings and a parking garage in Boston’s Seaport District. Synergy is paying The Archon Group $53 million for the sale of these three properties. The properties include 319 A Street, a 48,000-square-foot […]

  • Record 1st Quarter for Condo Market

    If you’re looking to purchase a luxury condominium in the heart of Boston, chances are you’re not alone. The median price of a downtown condominium in Boston has reached an all-time high for the first quarter, rising to $537,000 for one unit, up 7% from last year’s first quarter when the median price was $500,000. […]

  • Charity Event Provides Food, Funds and Joy for Bostonians

    Last Wednesday on the evening of May 16th, Fenway Park opened its doors to Boston Bites Back. Chefs from more than 90 restaurants in the Boston area converged at 4 Yawkey Way to provide attendees with their signature dishes and delicacies. The event was organized by Tsai and Clio chef-owner Ken Oringer. By all accounts, Boston […]

  • Boston Industrial Vacancy Rates Decrease By .4%.

    by Byron Chen In the first quarter of 2013, Boston’s Industrial market has shown marked improvement in several areas when compared with data drawn from 2012. The market ended with an overall vacancy rate of 10% at the end of the quarter, decreasing from 10.4% at the end of the 4th quarter of 2012. The […]

  • Copa announces non-stop flights to Panama City

    Copa Airlines has announced a new, non-stop flight from Boston to Panama City. The airline, which is based in Panama City, has experienced industry high growth in recent years. In fact, the airline reported an incredible 17.9% profit margin for the 2012 year. The flights will commence this summer and leave from Boston’s Logan Airport […]

  • Foreclosure rate down in the Bay State

    Foreclosure activity in the state of Massachusetts continued to fall this quarter—signaling further economic recovery for the Bay State. The number of foreclosures in Massachusetts has remained under 1,000 for the fourth consecutive month, while petitions signaling the first step of a foreclosure have decreased by 38% year over year. 856 petitions were filed this […]

  • Commercial property tax increases in 2013

    Commercial property tax has increased in and around the Boston area. The 2013 numbers are out and communities such as Everett, Framingham, and Holyoke experienced increases in their already sky high rates. Everett’s commercial property rate is much higher than any other city in the area at $43.04 for every $1,000 of assessed property value. […]