As the build-out of Boston’s Seaport continues, many companies are clamoring for an opportunity to move in, not out. Technology giant Amazon recently announced a Seaport expansion, bringing 2,000 jobs to the district. Just last year, General Electric also announced a move expected to bring 800 jobs to the Seaport. As these companies and more […]
Capitalizing on some of the highest rents & lowest vacancies seen in Cambridge and Boston in over a decade, the 128 Suburban Market continued to gain traction as companies sought lower cost alternatives to the premier urban markets. For more information, download the full report >>> HERE <<<.
Is Boston’s office market heading toward a bubble? Currently, the market is at an all-time high, and charts indicate that we are at, or near, the top of the market. Read the full report here.
The Boston market continues to be stable, with an overall availability rate of 10.2%. We are monitoring indicators of change, like an uptick in subleases in Class A buildings. Download the PDF.
The Financial Accounting Standards Board (FASB) recently released updated standards. Under the new guidelines, leases will be moved onto the company’s balance sheet. For a look at how these changes will affect your business, Thompson Hennessey & Partners has prepared the attached snapshot.
In the economic downturn that began in late 2007 and persisted through the middle of 2009, millions of people in their 50s and 60s were laid off, bought out, downsized or otherwise left without a steady paycheck. The Center for Retirement Research at Boston College, in a report titled, “How Will Older Workers Who Lose Their Jobs During the Great Recession Fare in the Long Run?” found that the recession hit many more workers over 50 compared with previous downturns.