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 […]
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Cresa: Rt. 128N Office Rents Could Fall from 5-10 Percent
October 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 ReporterCresa Aids Tenant in 37,600-SF Pru Pact
By: 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 ReporterCresa, NGKF Fill 13,000 SF at Ferncroft
MIDDLETON — The owners of Ferncroft Corporate Center will soon be welcoming a new tenant to the first class office building at 35 Village Way, with human resources compliance firm BLR committing to 13,000 sf, according to a press release issued this week by the company’s CRE advisors at CRESA Boston. Newmark Grubb Knight Frank […]
Commercial Real Estate, Coverage, Cresa, Cresa Boston, The Real ReporterCresa Icon Bill Goade Aims ‘To Be Bored”
BY JOE CLEMENTS As befits someone who brought a game-changing idea to New England’s corporate real estate services sector that three decades later has evolved into a global platform lionizing tenant representation, William Goade is known for giving maximum energy to everything he tackles, and the homegrown founder of Cresa Partners insists despite a half-hearted […]
Commercial Real Estate, Coverage, Cresa, Cresa Boston, The Real ReporterLease Expiring? Count the Costs, . . . And Count on Your Advisor
BY JOHN COAKLEY When evaluating a real estate decision, many tenants naturally gravitate toward focusing on the rental rate. This is important, but it is not everything. Tenants contemplating a move should consider the many buildout costs— and even potential financial pitfalls—associated with relocating. While some commercial tenants lease new space as-is, the vast majority […]
Commercial Real Estate, Cresa, Cresa Boston, Cresa Portfolio, Guest Column, The Real Reporter