Apartment Rent Increases Set to Continue in 2025
Given the ongoing lack of new supply in both the urban and suburban markets of Boston and continued growth in demand, we expect rents to grow at 3.5 percent next year.
The Legal Changes CRE Executives Need to Know in 2025
The Greek philosopher Heraclitus stated centuries ago that change is the only constant in life. A few things expected to bring change to the Massachusetts real estate industry in 2025.
Greater Boston’s Lab Market Is Improving, But Most Tenants Still Play It Safe
While improving, demand-side fundamentals in Greater Boston’s laboratory market remain challenged as life science users continue to exhibit cautiousness in their real estate decisions.
Boston Office Market Finds Firmer Footing
Is 2025 the year of the Boston office comeback? Amid return-to-work mandates and a slight dip in office vacancy rates, there’s optimism in the air.
‘Fear Factor’ Deters Residential Conversions in Boston
Boston is at a critical juncture as it faces a growing housing shortage alongside an abundance of underutilized office space. But the scale of conversions here has, so far, been underwhelming.
Life Science Is Part of TRIA’S DNA
Sherwood Butler’s on-the-job training designing life science projects early in his career prepared him for the rising demand for lab design, a specialty he turned into a business when he founded Boston-based TRIA in 2015.
Boston’s Conversion Conundrum
Tens of millions square feet of office space across America is undergoing conversion to apartments. So why is Boston seeing so little conversion activity?
Historic Tax Credits Sweeten the Pot for Developers
Massachusetts recently doubled its annual historic tax credit limit, but while they’re attractive for those committed to preserving historic buildings, they must be used with caution.
New Building Energy Codes Include Triggers for Successful Projects
All the code changes put Massachusetts in a better place to address the current needs of our built surroundings.
Cambridge’s Next Biotech Beacon Gains Altitude
Led locally by Bill Kane, Blackstone-owned BioMed Realty is building one of Cambridge’s most notable new projects, the 585 Kendall tower leased to Takeda Pharmaceuticals.
Massachusetts Shoots for Leadership in the ‘Hard Stuff’
Massachusetts lost biomanufacturing jobs last year, raising questions about the sector’s future in the state. But local and state leaders are planning initiatives to show the Bay State remains a formidable powerhouse.
Serving Up a Smorgasbord of Housing Incentives
How much new and rehabilitated housing can $5.16 billion and a number of Zoning Act changes buy? We will find out over the next five years.
Laying the Groundwork for a Biotech Rebound
Despite the spring’s bad headlines, this summer ended with a pile of venture capital deals and two more Bay State biotech IPOs. It’s time for Beacon Hill to do its part to keep that momentum going.
Allston’s Western Ave. Poised to be Next Hub for Life Sciences
We believe the projects most likely to succeed are those situated in dynamic ecosystems that already exist and can help foster innovation and collaboration.
New Factors Give Occupiers Even Stronger Hand in Lab Market
The life sciences and lab market across the Boston metro area has been in a state of flux for some time, but a new factors have added extra pressure on landlords and owners.
Why Boston’s New Climate Office is a Big Deal
The office will have the responsibility and accountability for implementing resiliency plans centralized in one office, explicitly committed to rapid, effective and equitable action
Restaurant Claims Harvard Project Led to Demise
Classic Restaurant Concepts LLC had high hopes when it started building out what was intended to be a destination restaurant in Harvard Square in early 2016.
Building Materials Are Next Frontier in Green Buildings
As climate change continues to reshape global priorities, the demand for healthy and sustainable buildings is evolving rapidly in Boston.
Decarbonizing Boston’s Buildings Is Crucial for Climate Action
It’s clear that a blend of private company investment, technology innovation, consumer demand, economic incentives and the stark realities of climate risks will drive the path to net-zero emissions.
Boston’s ‘Decade of Implementation’ for Climate Solutions
Climate change is an immediate threat to Boston real estate. And it’s up to Brian Swett to coordinate what are expected to be a multi-billion-dollar series of municipal projects to protect against it.
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