All Posts by JeremyCyrier

Office Vacancy in 128 North to Increase

Vacancy rates for office space in 128 north are increasing. According to CoStar research, vacancy rates dipped in 2006-2007 into the 13% range. They’re now forecasting vacancy rates up to 16% as more space comes on the market with pending job layoffs. The vacancy rate has not increased more drastically because tenants have not started giving up space to their landlords as they hold out to see when the recession will end and to see whether they’ll need space to rehire staff.

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Boston Office Fast Update

According to CoStar Research: Boston has 2.3M SF in additional inventory in Q1 2009 Boston has 2.1M SF of negative net absorption by Q1 2009. Note: Tenants are trying to hold out for a more tenant friendly marketplace. Companies are struggling to understand their direction and are delaying on space decisions. They also don’t want […]

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The ‘Must Know Method’ For Valuing Commercial Real Estate Today

The battlefield is quiet. Buyers have retreated and sellers have dug in. There’s chatter in the trenches. “They’ll come to us when they’re ready,” the sellers banter. “They can’t hold out forever. Eventually they’ll need a property and will come knocking on our doors for what we’ve got.” They feel proud of what they own, but inside they’re nervous because they know they can’t hold on forever. The supplies are bound to run out.

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Why Green’s the Best Possible Investment in Commercial Real Estate Today

Green, Green, Green. It seemed to be all the rage last year as oil prices spiked to $140/barrel and people were trading in their SUV’s for economy class hybrids. Something else happened. Fortune 500 companies and the U.S. Government felt the effect and instituted policies that they, too, should be green, work to stem global warming, and make changes to their business practices that were environmentally sound.

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Are You Playing Not to Lose or Playing to Win?

Play not to lose? Who would do that? More people than you may realize. How many times have you heard the excuse, “Our marriage is terrible. I’m not happy. But we’ve been married for 25 years, so why get a divorce? Only if it could be like it was when we first met.” Or, “Sure, when I bought this building it was going to be worth 50% more than what I paid, but since I lost those tenants and I’m losing a lot of money every month. Not a big deal, the market will turn around and I’ll get back to where I was, eventually.”

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New Tax Incentive for Small Businesses

On March 16th, 2009 the IRS released information on a new tax incentive to help small businesses with deductions in excess of their income. Small business owners who are realizing losses in 2008 can use a new tax provision to get a refund on taxes paid in prior years. The influx of cash is expected […]

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Why Medical Office is Boston’s Best Bet

The Medical Device Industry, the new face of Boston’s Biotechnology industry, continues to make progress in an otherwise bleak economy. What makes medical device development so attractive is the short time required for research, development and FDA approval.  The medical device pipeline totals 5-6 years as opposed to the longer development pipeline for drugs of […]

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Greater Boston Office Buildings Provide Suburb Appeal

Budget relief can come in many forms, and smart companies are taking a close look at the details to save on spending. Technology companies in Boston are no exception. There’s not much they can do about insurance costs, real estate taxes, and payroll, so what gives? Perhaps savings can be found in the monthly cost […]

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