Commercial Real Estate Frontline

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 [...]

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 [...]

Massachusetts Banks’ Troubled Real Estate Balances Surge

The final quarter of 2008 saw a 27 % increase in troubled real estate assets for lenders headquartered in Massachusetts according to data compiled from the FDIC. Only lenders headquartered in Massachusetts with balances of REO or Non-accrual totaling $1Million or more were included in the survey. REO (also OREO or Other Real Estate Owned) balances [...]

Meat Market or Meet the Market?

Have you ever seen an episode of The Bachelor? In this reality TV show a wealthy attractive bachelor is offered two-dozen attractive, albeit somewhat pathetic, women from which to choose a spouse. They’re all made up their best, dressed in high-fashion, and they’re hungry…for love…they want this dude. He starts with the whole lot to [...]

Menino Asks Tenants to Stay in Boston

Boston is an ideal location for many businesses, with the convenience of public transportation and the prestige of the high-rise in the big city. For most, it is worth the higher rental rate to boast a Boston address on their letterhead. However, there is a concern that the lower rents and increased vacancy in the [...]

New Opportunity: Positive Cash Flow Opportunity Appears in North Reading, Ma

As of yesterday, a signed proposal between an area tenant and the owner of 209-211 Main Street North Reading, MA was executed to lease the site for an initial 20 year term. The tenant would occupy all of 209 Main Street and the entire first floor of 211 Main Street (except one bay currently tenanted).

More Commercial Foreclosures Brewing in Boston

The struggles at the Hancock Building have been well publicized by now and General Growth’s trouble leaves the control of Fanieul Hall in question, but what’s next? According to The Watchlist from CoStar today 90 Tremont Stret in Boston has hit the skids due to low vacancy and a loan mautrity of May 1st. Investors can count [...]

Greater Boston Office 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 [...]