Technology, changing tenants and investor expectations will continue to have a significant impact on CRE in 2019. Office will be hit hardest by these trends, but industrial and transit oriented developments will also see significant challenges. Landlords will increasingly need to roll out new features, new products and new enhancements
Abbot continues to provide effective single-source solutions, quality workmanship, the utmost safety, and devoted customer service on each and every project. No other masonry restoration company in our local area has the vast portfolio of completed high profile projects over the longest period of time. Proof positive that Abbot’s workmanship is a cut above the rest.
I have been fortunate enough to represent numerous successful restaurants and bars in the Boston area. In 2018, I had the privilege of representing Giacomo’s Ristorante in their quest to open a new location beyond the North and South Ends. In July, the recently closed Bertucci’s space in Wayland was selected. The client wanted to open within five months. Our firm handled
Boston’s industrial market, while small compared to other industrial markets in other parts of the country, is judged to be healthy. While nowhere near as exciting as multi-family, office, and/or retail, its trends and direction, give an important measure of the New England economy. So it flies somewhat beneath the radar of many market participants.
Many of us don’t think about what will or won’t be covered by insurance until it’s too late. Whether due to unexpected of catastrophic storms or less dramatic, relatively expected issues and incidents, buildings are susceptible to damages both inside and out. Those in the real estate business – buyers, sellers, managers and developers – can mitigate losses with some common-sense tactics and basic preparation. Preparing your property and your policies for the worst is the best way to face any storm.
An easement grants a party (the easement holder) the non-possessory right to enter and use land in the possession of another, who may not interfere with the uses authorized by the easement but may otherwise make full productive use of such land. Property owners looking to redevelop a parcel of land that is subject to a problematic easement should first approach the easement holder for an agreement to relocate or modify the easement. But if the easement holder refuses to consent or
Across the country states have enacted laws protecting tenant rights under residential leases. Unfortunately, commercial tenants generally do not enjoy the same protections and rights as residential tenants. Unless specifically negotiated in a commercial lease, standard residential tenant protections such as the implied warranty of habitability and a landlord’s duty to re-let are not commonly found in commercial leases. This begs the question: what are a commercial tenant’s rights if a
Now it’s time to retire...take care of your medical issues, spend time with family, and enjoy some well deserved vacations. Now that you’ve decided to sell, what do you need to do to get the best price for your business? FIVE components to getting the best price and the steps to selling: First, and foremost, people are buying your ‘sales’, goodwill, and profit that’s verifiable. The more verifiable the numbers, the higher the sales price. So keep good books and records. Be prepared that a buyer is going to want to be working with you for a couple of weeks to verify your sales...not necessarily your profits. Run daily specials and discounts to drive sales.
Boston, MA On October 18th, the BOMA Boston Emerging Professionals hosted a Behind the Scenes tour of the Innovative Design Building in Bost...
Financial markets are based on a fundamental principal of trust. Trust that borrowers will repay loans, depositors will leave their deposits, and contracts are enforceable, and enforced. Without trust and confidence, things can start to fall apart.
