Portfolio Of 6 Boston-Area Industrial Buildings Sells For $167M
Marcus Partners sold the portfolio, which spans more than 1M SF across buildings in Franklin, Peabody, Sutton and Avon.
Marcus Partners sold the portfolio, which spans more than 1M SF across buildings in Franklin, Peabody, Sutton and Avon.
Rising interest rates have continued to take their toll on the commercial real estate market and the earnings results of brokerage firms like Newmark.
Record demand is dramatically outpacing supply, yet tenants continue to have the upper hand.
Last year's construction pipeline helped push the vacancy rate to twice last year's level.
A JLL representative called the allegations baseless and said the firm looks forward to its day in court.
Aerospace companies require highly specialized spaces that are clean and secure.
Because of limited construction and increasing demand, the available amount of retail space shrank dramatically during Q3.
Drugstores face increased competition and slowing demand, coupled with rising prices.
Some categories that experienced decreases were pandemic favorites, such as home improvement or hobby-related purchases.
Office landlords are offering an average of $98 per SF for tenant improvement allowances at Class-A properties nationwide, according to CBRE.
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