Category Archives for "For Sale"
Why Not Build Up Areas Around Gateway Cities?
There are 13 Gateway Cities around—cities around Massachusetts that are currently struggling, but which could turn out to be important cogs to their regional economies. Many believe the way to turn those economies around might be found right in those cities. Right now, there is a lot of vacant land, or land that is not [...] Continue reading
Mixed Messages in the Retail Market?
There continue to be many store closures and bankruptcies in the retail market, but the overall vacancy rate of these spaces hasn’t yet spiked. Reis, a real estate research firm has optimistically reported that even though there have been more stores closings, the retail vacancy rate has not and is not expected to rise. There are [...] Continue reading
The New Trend–Sale-Leaseback Properties
There is a trend that seems to be growing for corporate sale-leasebacks as one group wants to get unused space off their books, and another group seeks ownership of business-related properties. Sellers are using funds they earn from these transactions to expand their businesses or to increase their value or dividends, but there are other [...] Continue reading
Creativity Is the Key to Keeping Office Spaces Leased
Recently, John Meehan, the new COO of Gemini Rosemont Commercial Real Estate, who is also a former capital markets director, made some comments about the future of office market investments. Meehan spoke about changes in the office real estate market, and he spoke about how those property owners need to be prepared to be creative. [...] Continue reading
Mid-Rise Office Buildings Offer Good Real Estate Investments
At least two things are clear at this time in office real estate investing. 1. Prices are still setting new highs, 2. Vacancies are also rising. By the end of 2017, it was reported that office vacancies had reached nearly 15%, and the number was expected to continue climbing, at least through the end of [...] Continue reading
Medical Building on Hartwell St. in Lexington Sells
A medical building at 83 Hartwell Street in Lexington, Massachusetts sold in October 2017 for $4,150,000. The building has 44,000 square feet making the square foot price $94.32. The property also includes more than three acres of land. The building is a single tenant medical property that is considered to be high vacancy. If you [...] Continue reading
Reebok’s Canton Headquarters is Under Agreement With a San Francisco-based Investor
Reebok, one of the world's most popular shoemakers, recently made some local headlines. The company's former 65-acre location is now under agreement with a California investor. The property will be acquired by Spear Street Capital for about $80 million. More than 60 tours of the property were conducted this past year. Reebok exited the Royall [...] Continue reading
Commercial Real Estate Is Still Viewed as a Good Investment
The RealtyShares group recently conducted a survey of more than 2,000 Americans. The focus of the survey was commercial real estate investment and the responses show that even those who feel they cannot currently invest in real estate at this time, they believe these are important investments, and there is a lot of optimism about [...] Continue reading