Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices. Here are some of the trends – and dead ends – that The Associated Press tracked in 2024.
One phrase was uttered over and over again Tuesday morning by the movers and shakers of Beacon Hill and D.C.: Who knew concrete was so exciting?
Amazon is reverting to its pre-pandemic policy and will require corporate employees to be in the office five days a week starting next year, CEO Andy Jassy said Monday.
The Seattle-based company said the new sum would go on top of money already invested to help create or preserve 21,000 affordable housing units in and around Seattle, Arlington, Virginia and Nashville, Tennessee.
Known primarily for its vast multifamily portfolio, developer Greystar is in the hunt for good sites in Massachusetts to provide expansion for industrial real estate tenants. Chris Legocki oversees the effort.
After a high-profile pullback that left some developers in the lurch and other warehouses leased but sitting empty, is Amazon planning an about-face on its footprint contraction?
A group of Amazon workers upset about recent layoffs, a return-to-office mandate and the company’s environmental impact is planning a walkout at the company’s Seattle headquarters Wednesday.
Microsoft is cutting 10,000 workers, almost 5 percent of its workforce, joining other tech companies that have scaled back their pandemic-era expansions.
Potential layoffs at Amazon and deep cuts to Twitter’s workforce are adding to the headwinds faced by a Boston office market in the midst of a year-long retreat.
Amazon officials plan to close down operations at five last-mile delivery stations in the Boston area, but the future of those properties is unclear.
Amazon reported its first quarterly loss since 2015 on Thursday, its money-making juggernaut stalled by a slowdown in pandemic-induced online shopping and a huge write-down of its investment in an electric-vehicle startup.
All that increase in your Amazon Prime subscription is paying for something. But what?
Amazon has paid major MetroWest landlord Carruth Capital $65 million for a 93-acre swath of Westborough’s Computer Drive commercial district that has been approved for a large, last-mile e-commerce facility.
The new owners of the former CISCO regional headquarters campus in Boxborough have hired brokerage Newmark to study alternative uses to maximize its future development potential.
An investment platform established by Blackstone Real Estate in 2019 to tap into the growth of e-commerce facilities has acquired a pair of Amazon-leased properties in Northborough for $153.5 million.
Amazon and other ecommerce players aren’t the only ones on the hunt for vacant industrial and retail spaces to possibly convert into storage depots. And industry executives estimate the industrial-to-storage pipeline will accelerate as investors pour billions into it.
Amazon should be shelling out the big dollars in order to win approval for its distribution centers, not the other way around.
Asking rents for Greater Boston industrial properties have risen nearly 15 percent in the past year amid strong demand from the retail and life science industries, with 2.5 million square feet of space leased in the second quarter.
The online shopping giant is pushing landlords around the country – sometimes with financial incentives – to give its drivers the ability to unlock apartment-building doors themselves with a mobile device.
As Jeff Bezos prepares to blast off next week, real estate developers are exploring new frontiers for e-commerce sites in Massachusetts.
