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 […]
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No Let-Up In Demand For Lab Space
Life 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 BostonSouthie Snow Farm Site Eyed For Life Science Complex
Steve 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 BostonChange Is On The Way In Back Bay: Big Blocks Of Space Set To Hit Market
BY: 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 BostonObjective: Have Fun, Make Money
BY STEVE ADAMS Bill Goade Title: Past Chairman, Cresa Age: 58 Experience: 35 years Just as buyers’ agents have carved out a niche in the residential real estate industry, Boston-based Cresa has grown by specializing in tenant representation in commercial deals. Bill Goade worked in the corporate real estate departments at Wang Laboratories and Digital […]
Banker & Tradesman, Commercial Real Estate, Coverage, Cresa, Cresa Boston