Our Blog http://naihunnemanblog.com/?p=1548 https://naihunnemanblog.com/2017/10/16/staying-active-during-the-workday-is-not-a-concern-at-waverley-oaks-park/ Suburban Leasing Staying active during the workday is not a concern at Waverley Oaks Park Waverley Oaks Park in Waltham offers a wealth of onsite amenities, but one of the most appealing features for companies trying to attract talent is the broad range of fitness options that employees can take advantage of throughout the day. From the traditional gym environment, to hot yoga, to the latest craze of CrossFit, Waverley Oaks &#8230; <a href="https://naihunnemanblog.com/2017/10/16/staying-active-during-the-workday-is-not-a-concern-at-waverley-oaks-park/" class="more-link">Continue reading <span class="screen-reader-text">Staying active during the workday is not a concern at Waverley Oaks&#160;Park</span></a><img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1548&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> Mon, 16 Oct 2017 14:43:04 Z https://naihunnemanblog.com/2017/10/16/staying-active-during-the-workday-is-not-a-concern-at-waverley-oaks-park/#respond NAI Hunneman <p>Waverley Oaks Park in Waltham offers a wealth of onsite amenities, but one of the most appealing features for companies trying to attract talent is the broad range of fitness options that employees can take advantage of throughout the day. From the traditional gym environment, to hot yoga, to the latest craze of CrossFit, Waverley Oaks Park has options for every fitness level and inclination.</p> <p>&nbsp;</p> <p><img data-attachment-id="1564" data-permalink="https://naihunnemanblog.com/2017/10/16/staying-active-during-the-workday-is-not-a-concern-at-waverley-oaks-park/wop-fitness_blog/" data-orig-file="https://naihunnemanblog.files.wordpress.com/2017/10/wop-fitness_blog.jpg?w=682&#038;h=441" data-orig-size="5100,3300" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}" data-image-title="WOP Fitness_blog" data-image-description="" data-medium-file="https://naihunnemanblog.files.wordpress.com/2017/10/wop-fitness_blog.jpg?w=682&#038;h=441?w=300" data-large-file="https://naihunnemanblog.files.wordpress.com/2017/10/wop-fitness_blog.jpg?w=682&#038;h=441?w=676" class=" wp-image-1564 aligncenter" src="https://naihunnemanblog.files.wordpress.com/2017/10/wop-fitness_blog.jpg?w=682&#038;h=441" alt="WOP Fitness_blog" width="682" height="441" srcset="https://naihunnemanblog.files.wordpress.com/2017/10/wop-fitness_blog.jpg?w=682&amp;h=441 682w, https://naihunnemanblog.files.wordpress.com/2017/10/wop-fitness_blog.jpg?w=1364&amp;h=882 1364w, https://naihunnemanblog.files.wordpress.com/2017/10/wop-fitness_blog.jpg?w=150&amp;h=97 150w, https://naihunnemanblog.files.wordpress.com/2017/10/wop-fitness_blog.jpg?w=300&amp;h=194 300w, https://naihunnemanblog.files.wordpress.com/2017/10/wop-fitness_blog.jpg?w=768&amp;h=497 768w, https://naihunnemanblog.files.wordpress.com/2017/10/wop-fitness_blog.jpg?w=1024&amp;h=663 1024w" sizes="(max-width: 682px) 100vw, 682px" /></p> <p>Here are some of the choices Waverley Oaks Park tenants have to stay active within (or just adjacent to) the Park:</p> <ul> <li><a href="http://www.waverleyoaks.com/">Waverley Oaks Athletic Club</a>: The gym recently completed a $1,000,000 renovation. It offers a pool, racquetball courts, group fitness studios with classes, a spinning studio, a huge strength training room, and cardio room. The club also has an onsite nursery.</li> <li><a href="http://bikramyogawaverley.com/">Bikram Yoga Waverley</a>: Invigorating yoga classes suitable for beginners and advanced yogis alike.</li> <li><a href="http://crossfitwatchcity.com/">CrossFit Watch City</a>: Kick your fitness up to another level! Instructor-led, constantly varied, functional movements executed at high intensity.</li> <li><a href="http://www.truemartialartsacademy.com/">True Martial Arts Academy</a>: Develop your mind and body with martial arts education. Classes for kids, adults, and families.</li> <li><a href="https://www.bostonbasketball.com/">Boston Basketball</a>: Energize your company&#8217;s competitive spirit at this 15,000 SF basketball facility with two new courts. Offers camps, clinics, leagues, and membership.</li> <li><a href="https://pilot.mass.gov/locations/beaver-brook-reservation">Beaver Brook Reservation</a>: Waverley Oaks Park is directly adjacent to beautiful Beaver Brook Reservation. Walk, jog, or bike through 59 acres of open fields, wetlands, and woodlands.</li> </ul> <p>If you’re interested in learning more about the office, lab, and flex space availabilities at Waverley Oaks Park, contact NAI Hunneman’s leasing team of <a href="mailto:sjames@naihunneman.com?subject=Leasing%20Opportunities%20at%20Waverley%20Oaks%20Park">Steve James</a>, <a href="mailto:lrizzo@naihunneman.com?subject=Leasing%20Opportunities%20at%20Waverley%20Oaks%20Park">Leeanne Rizzo</a> or <a href="mailto:pgrady@naihunneman.com?subject=Leasing%20Opportunities%20at%20Waverley%20Oaks%20Park">Patrick Grady</a> for more information or visit the park website <a class="" href="https://www.waverleyoakspark.com/">www.waverleyoakspark.com</a>.</p><br /> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/naihunnemanblog.wordpress.com/1548/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/naihunnemanblog.wordpress.com/1548/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/naihunnemanblog.wordpress.com/1548/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/naihunnemanblog.wordpress.com/1548/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/naihunnemanblog.wordpress.com/1548/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/naihunnemanblog.wordpress.com/1548/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/naihunnemanblog.wordpress.com/1548/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/naihunnemanblog.wordpress.com/1548/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/naihunnemanblog.wordpress.com/1548/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/naihunnemanblog.wordpress.com/1548/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/naihunnemanblog.wordpress.com/1548/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/naihunnemanblog.wordpress.com/1548/" /></a> <img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1548&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> https://naihunnemanblog.com/2017/10/16/staying-active-during-the-workday-is-not-a-concern-at-waverley-oaks-park/feed/ 0 naihunneman WOP Fitness_blog 2017-10-16 14:43 +00:00 2017-10-16 09:43 -05:00 http://naihunnemanblog.com/?p=1531 https://naihunnemanblog.com/2017/10/02/new-from-nai-hunnemans-research-department-q3-metro-boston-market-report/ Company News Research New From NAI Hunneman’s Research Department: Q3 Metro Boston Market Report &#160; While results were mixed in both the office and industrial markets, overall net absorption remained positive in the third quarter of 2017. Optimism continues to grow amidst corporate expansions, and Greater Boston is likely near the top of Amazon’s HQ2 shortlist. Vacancy in the industrial market remains near record lows and growing interest from &#8230; <a href="https://naihunnemanblog.com/2017/10/02/new-from-nai-hunnemans-research-department-q3-metro-boston-market-report/" class="more-link">Continue reading <span class="screen-reader-text">New From NAI Hunneman’s Research Department: Q3 Metro Boston Market&#160;Report</span></a><img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1531&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> Mon, 02 Oct 2017 20:12:35 Z https://naihunnemanblog.com/2017/10/02/new-from-nai-hunnemans-research-department-q3-metro-boston-market-report/#respond Liz Berthelette <p>&nbsp;</p> <div data-shortcode="caption" id="attachment_1534" style="width: 634px" class="wp-caption aligncenter"><img data-attachment-id="1534" data-permalink="https://naihunnemanblog.com/2017/10/02/new-from-nai-hunnemans-research-department-q3-metro-boston-market-report/fullreport-q3/" data-orig-file="https://naihunnemanblog.files.wordpress.com/2017/10/fullreport-q3.jpg?w=624&#038;h=357" data-orig-size="700,400" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}" data-image-title="FullReport-Q3" data-image-description="" data-medium-file="https://naihunnemanblog.files.wordpress.com/2017/10/fullreport-q3.jpg?w=624&#038;h=357?w=300" data-large-file="https://naihunnemanblog.files.wordpress.com/2017/10/fullreport-q3.jpg?w=624&#038;h=357?w=676" class=" wp-image-1534 aligncenter" src="https://naihunnemanblog.files.wordpress.com/2017/10/fullreport-q3.jpg?w=624&#038;h=357" alt="FullReport-Q3" width="624" height="357" srcset="https://naihunnemanblog.files.wordpress.com/2017/10/fullreport-q3.jpg?w=624&amp;h=357 624w, https://naihunnemanblog.files.wordpress.com/2017/10/fullreport-q3.jpg?w=150&amp;h=86 150w, https://naihunnemanblog.files.wordpress.com/2017/10/fullreport-q3.jpg?w=300&amp;h=171 300w, https://naihunnemanblog.files.wordpress.com/2017/10/fullreport-q3.jpg 700w" sizes="(max-width: 624px) 100vw, 624px" /><p class="wp-caption-text"><em><strong>Our third quarter office and industrial report is now available. You can access the full report <a href="https://user-169168.cld.bz/Q3-Market-Report-2017" target="_blank" rel="noopener">here</a>, and some highlights from the third quarter are listed below.</strong></em></p></div> <p style="text-align:left;">While results were mixed in both the office and industrial markets, overall net absorption remained positive in the third quarter of 2017. Optimism continues to grow amidst corporate expansions, and Greater Boston is likely near the top of Amazon’s HQ2 shortlist. Vacancy in the industrial market remains near record lows and growing interest from new entrants to the market point to the area’s greater national appeal. Below are some highlights from our Q3 2017 Market Report:</p> <ol> <li>With the groundbreaking of a handful of projects, office construction ticked up to almost 3.9 million SF in the third quarter. athenahealth recently broke ground on a 350,000-square-foot expansion at Arsenal Yards in Watertown and DivcoWest is moving forward with the first 450,000-square-foot office building at its NorthPoint development in Cambridge. The Abbey Group also recently filed plans for its redevelopment of the Flower Exchange site in the South End. The project will include more than 600,000 square feet of office space.</li> <li>Last-mile distribution has become the darling of the industrial market. The advent of 1-hour delivery and consumers’ need for convenience are driving demand for older, industrial product in infill locations throughout Boston. Moreover, industry experts suspect Amazon’s acquisition of Whole Foods is a logistics play, giving the e-commerce giant direct access to some of the nation’s wealthiest and densest zip codes. Look for more growth in Boston’s urban industrial markets from Amazon and its competitors as consumer spending patterns continue to evolve.</li> <li>At a macro level, transaction volume continues to slide from its 2015 peak — declining by 28% year-over-year as of July. While falling deal volume may seem concerning, pricing remains stable. Real Capital Analytics’ CPPI expanded by 1.1% from July to August, while CoStar Group’s CCRSI increased by 1.2% in the month of July. The growing bid-ask spread, modest economic growth and interest rate stability are key components driving these trends. Despite the recent slowdown, investment sales in US commercial real estate should remain positive with buyers focusing more on the multifamily and industrial asset classes.</li> </ol> <p><em><img data-attachment-id="1283" data-permalink="https://naihunnemanblog.com/2017/06/08/a-breakdown-of-naiops-mid-year-market-roundup/liz_berthelette-3/" data-orig-file="https://naihunnemanblog.files.wordpress.com/2017/06/liz_berthelette1.jpg?w=676" data-orig-size="88,109" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}" data-image-title="Liz_Berthelette" data-image-description="" data-medium-file="https://naihunnemanblog.files.wordpress.com/2017/06/liz_berthelette1.jpg?w=676?w=88" data-large-file="https://naihunnemanblog.files.wordpress.com/2017/06/liz_berthelette1.jpg?w=676?w=88" class=" size-full wp-image-1283 alignleft" src="https://naihunnemanblog.files.wordpress.com/2017/06/liz_berthelette1.jpg?w=676" alt="Liz_Berthelette" /></em></p> <p>&nbsp;</p> <p><em>Liz Berthelette is NAI Hunneman’s Director of Research. You can learn more about here on her <strong><a href="http://www.naihunneman.com/agents/liz-berthelette" target="_blank" rel="noopener">bio</a></strong> or follow her on Twitter at <strong><a href="https://twitter.com/liz_berthelette" target="_blank" rel="noopener">@liz_berthelette</a>.</strong></em></p><br /> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/naihunnemanblog.wordpress.com/1531/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/naihunnemanblog.wordpress.com/1531/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/naihunnemanblog.wordpress.com/1531/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/naihunnemanblog.wordpress.com/1531/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/naihunnemanblog.wordpress.com/1531/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/naihunnemanblog.wordpress.com/1531/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/naihunnemanblog.wordpress.com/1531/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/naihunnemanblog.wordpress.com/1531/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/naihunnemanblog.wordpress.com/1531/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/naihunnemanblog.wordpress.com/1531/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/naihunnemanblog.wordpress.com/1531/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/naihunnemanblog.wordpress.com/1531/" /></a> <img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1531&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> https://naihunnemanblog.com/2017/10/02/new-from-nai-hunnemans-research-department-q3-metro-boston-market-report/feed/ 0 lberthelette FullReport-Q3 Liz_Berthelette 2017-10-02 20:12 +00:00 2017-10-02 15:12 -05:00 http://naihunnemanblog.com/?p=1524 https://naihunnemanblog.com/2017/09/27/nai-hunnemans-leasing-advisory-services-group-completes-lease-up-of-40-robbie-road/ Company News Press Release Uncategorized NAI Hunneman’s Leasing & Advisory Services Group completes lease-up of 40 Robbie Road Minnerly &#38; Osvold represent landlord in a 7,200 SF lease that brings the Avon warehouse/distribution building to 100% occupancy BOSTON, MA &#8211; NAI Hunneman recently completed a 7,200 SF lease transaction with Level Solar at 40 Robbie Road in Avon, MA. The solar energy company is relocating from University Avenue in Westwood, and with the &#8230; <a href="https://naihunnemanblog.com/2017/09/27/nai-hunnemans-leasing-advisory-services-group-completes-lease-up-of-40-robbie-road/" class="more-link">Continue reading <span class="screen-reader-text">NAI Hunneman’s Leasing &#38; Advisory Services Group completes lease-up of 40 Robbie&#160;Road</span></a><img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1524&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> Wed, 27 Sep 2017 14:53:53 Z https://naihunnemanblog.com/2017/09/27/nai-hunnemans-leasing-advisory-services-group-completes-lease-up-of-40-robbie-road/#respond NAI Hunneman <p style="text-align:center;"><em>Minnerly &amp; Osvold represent landlord in a 7,200 SF lease that brings the Avon warehouse/distribution building to </em><em>100% occupancy</em></p> <p><img data-attachment-id="1527" data-permalink="https://naihunnemanblog.com/2017/09/27/nai-hunnemans-leasing-advisory-services-group-completes-lease-up-of-40-robbie-road/img_0301/" data-orig-file="https://naihunnemanblog.files.wordpress.com/2017/09/img_0301.jpg?w=227&#038;h=227" data-orig-size="2448,2448" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;2.2&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;iPhone 6&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1433346763&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;4.15&quot;,&quot;iso&quot;:&quot;32&quot;,&quot;shutter_speed&quot;:&quot;0.0003030303030303&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}" data-image-title="IMG_0301" data-image-description="" data-medium-file="https://naihunnemanblog.files.wordpress.com/2017/09/img_0301.jpg?w=227&#038;h=227?w=300" data-large-file="https://naihunnemanblog.files.wordpress.com/2017/09/img_0301.jpg?w=227&#038;h=227?w=676" class=" wp-image-1527 alignleft" src="https://naihunnemanblog.files.wordpress.com/2017/09/img_0301.jpg?w=227&#038;h=227" alt="IMG_0301" width="227" height="227" srcset="https://naihunnemanblog.files.wordpress.com/2017/09/img_0301.jpg?w=227&amp;h=227 227w, https://naihunnemanblog.files.wordpress.com/2017/09/img_0301.jpg?w=454&amp;h=454 454w, https://naihunnemanblog.files.wordpress.com/2017/09/img_0301.jpg?w=150&amp;h=150 150w, https://naihunnemanblog.files.wordpress.com/2017/09/img_0301.jpg?w=300&amp;h=300 300w" sizes="(max-width: 227px) 100vw, 227px" />BOSTON, MA &#8211; NAI Hunneman recently completed a 7,200 SF lease transaction with Level Solar at 40 Robbie Road in Avon, MA. The solar energy company is relocating from University Avenue in Westwood, and with the move, 40 Robbie Road has reached 100% occupancy.</p> <p>Executive Vice President Cathy Minnerly and Vice President Ovar Osvold represented the landlord Urban Equities and procured the tenant for the building.</p> <p>“A stellar location with visibility from Rt. 24, generous clear heights and a superior infrastructure have made 40 Robbie Road a sought-after location, and we are thrilled to have brought the building to full occupancy,” said Minnerly.</p> <p>Located in the Avon Industrial Park, 40 Robbie Road totals 154,300 SF of first-class warehouse/distribution space. The property fronts Route 24 and is just minutes from Rt. 128 and I-93. Features in the building include up to 30’ clear heights, ample parking, and tailboard &amp; drive-in loading.</p> <p><strong><u>About NAI Hunneman:</u></strong></p> <p>Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member of NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 7,000 professionals and 400 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets. To learn more about NAI Hunneman and the NAI Global Network please visit <u>naihunneman.com.</u></p> <p style="text-align:center;">###</p><br /> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/naihunnemanblog.wordpress.com/1524/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/naihunnemanblog.wordpress.com/1524/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/naihunnemanblog.wordpress.com/1524/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/naihunnemanblog.wordpress.com/1524/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/naihunnemanblog.wordpress.com/1524/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/naihunnemanblog.wordpress.com/1524/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/naihunnemanblog.wordpress.com/1524/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/naihunnemanblog.wordpress.com/1524/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/naihunnemanblog.wordpress.com/1524/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/naihunnemanblog.wordpress.com/1524/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/naihunnemanblog.wordpress.com/1524/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/naihunnemanblog.wordpress.com/1524/" /></a> <img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1524&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> https://naihunnemanblog.com/2017/09/27/nai-hunnemans-leasing-advisory-services-group-completes-lease-up-of-40-robbie-road/feed/ 0 naihunneman IMG_0301 2017-09-27 14:53 +00:00 2017-09-27 09:53 -05:00 http://naihunnemanblog.com/?p=1521 https://naihunnemanblog.com/2017/09/25/nai-hunnemans-leasing-advisory-services-group-completes-19100-sf-in-lease-transactions-at-346-vanderbilt-avenue/ Company News Press Release Uncategorized NAI Hunneman’s Leasing & Advisory Services Group completes 19,100 SF in lease transactions at 346 Vanderbilt Avenue Minnerly, Osvold &#38; Hannigan represent landlord in a new lease and a lease renewal at flex building in Norwood BOSTON, MA &#8211; NAI Hunneman recently completed two lease transactions totaling 19,100 SF at 346 Vanderbilt Avenue in Norwood, MA. Home automation technology company, NewBox Solutions LLC, based in Los Angeles, CA signed a 9,200 SF &#8230; <a href="https://naihunnemanblog.com/2017/09/25/nai-hunnemans-leasing-advisory-services-group-completes-19100-sf-in-lease-transactions-at-346-vanderbilt-avenue/" class="more-link">Continue reading <span class="screen-reader-text">NAI Hunneman’s Leasing &#38; Advisory Services Group completes 19,100 SF in lease transactions at 346 Vanderbilt&#160;Avenue</span></a><img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1521&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> Mon, 25 Sep 2017 17:01:22 Z https://naihunnemanblog.com/2017/09/25/nai-hunnemans-leasing-advisory-services-group-completes-19100-sf-in-lease-transactions-at-346-vanderbilt-avenue/#respond NAI Hunneman <p style="text-align:center;"><em>Minnerly, Osvold &amp; Hannigan represent landlord in a new lease and a lease renewal at flex building in Norwood</em></p> <p>BOSTON, MA &#8211; NAI Hunneman recently completed two lease transactions totaling 19,100 SF at 346 Vanderbilt Avenue in Norwood, MA. Home automation technology company, NewBox Solutions LLC, based in Los Angeles, CA signed a 9,200 SF lease for a new Massachusetts location; while global medical technology company Hill-Rom Company Inc. renewed their lease for 9,900 SF.</p> <p>Executive Vice President Cathy Minnerly, Vice President Ovar Osvold, and Associate Sean Hannigan represented the landlord, Park Lane Realty Trust, in the transactions, while NewBox Solutions was represented by Tony Caner from Newmark Knight Frank, and Hill-Rom was represented by Rick Robinson from Thompson Hennessey &amp; Partners.</p> <p>“The office/warehouse ratio was ideal for NewBox’s operations, as was the five loading docks that came with the space,” said Minnerly. “Plus, the prime location just off Route 1 and easy access to Interstate 95 made the building the perfect spot for their first operation in Massachusetts.”</p> <p>346 Vanderbilt Avenue is a 65,200 SF office/flex/warehouse building located just off of Route 1 and less than one mile from Interstate 95. The property features 16-foot clear heights, 30’ x 35’ column spacing, wet-sprinkler systems, along with municipal water and sewer.</p> <p><strong><u>About NAI Hunneman:</u></strong></p> <p>Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member of NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 7,000 professionals and 400 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets. To learn more about NAI Hunneman and the NAI Global Network please visit <u>naihunneman.com.</u></p> <p>###</p><br /> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/naihunnemanblog.wordpress.com/1521/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/naihunnemanblog.wordpress.com/1521/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/naihunnemanblog.wordpress.com/1521/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/naihunnemanblog.wordpress.com/1521/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/naihunnemanblog.wordpress.com/1521/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/naihunnemanblog.wordpress.com/1521/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/naihunnemanblog.wordpress.com/1521/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/naihunnemanblog.wordpress.com/1521/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/naihunnemanblog.wordpress.com/1521/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/naihunnemanblog.wordpress.com/1521/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/naihunnemanblog.wordpress.com/1521/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/naihunnemanblog.wordpress.com/1521/" /></a> <img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1521&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> https://naihunnemanblog.com/2017/09/25/nai-hunnemans-leasing-advisory-services-group-completes-19100-sf-in-lease-transactions-at-346-vanderbilt-avenue/feed/ 0 naihunneman 2017-09-25 17:01 +00:00 2017-09-25 12:01 -05:00 http://naihunnemanblog.com/?p=1487 https://naihunnemanblog.com/2017/09/14/naiop-panel-examines-cambridge-present-future/ Company News Research Cambridge – One of the Hottest Markets in the U.S. Yesterday NAIOP Massachusetts hosted a panel on Cambridge’s meteoric rise to the top of both local and national commercial real estate markets. While the discussion focused on the area’s burgeoning development pipeline, speakers also provided insight on what the future holds for Cambridge, urbanization trends and the potential for a Boston-based Amazon HQ2. Below are &#8230; <a href="https://naihunnemanblog.com/2017/09/14/naiop-panel-examines-cambridge-present-future/" class="more-link">Continue reading <span class="screen-reader-text">Cambridge &#8211; One of the Hottest Markets in the&#160;U.S.</span></a><img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1487&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> Thu, 14 Sep 2017 17:51:19 Z https://naihunnemanblog.com/2017/09/14/naiop-panel-examines-cambridge-present-future/#respond Liz Berthelette <p>Yesterday <a href="http://www.naiopma.org/">NAIOP Massachusetts</a> hosted a panel on Cambridge’s meteoric rise to the top of both local and national commercial real estate markets. While the discussion focused on the area’s burgeoning development pipeline, speakers also provided insight on what the future holds for Cambridge, urbanization trends and the potential for a Boston-based Amazon HQ2. Below are just some of the key takeaways from the event:</p> <p><a href="https://www.transwestern.com/boston">Transwestern’s</a> Steve Purpura kicked up off the program with a brief historic overview of the Cambridge office and lab markets:</p> <ul> <li>Prior to the Human Genome Project, Longwood Medical Area was much more active in terms of biotech R&amp;D than Cambridge due to government funding.</li> <li>The late 1990s through Y2K was a period of robust growth in Cambridge. The commercial space markets were tight and Novartis’ entrance into the marketplace marked the first large, outside corporation set up shop here.</li> <li>During this time several blue chip technology firms also established a presence in Cambridge. However, the dot-com bust decimated the market and pushed vacancies above 25%.</li> <li>Since the early-2000’s recession, Cambridge has seen immense growth, particularly in its lab market, which is now 5 times larger than it was in the late 1990s.</li> <li>The area’s near-term outlook remains positive as quality lab space remains in short supply. Rents will likely climb to $100/SF as tenants pay a premium for access to talent and Cambridge’s collaborative environment.</li> </ul> <p>Following the highlight of Cambridge’s evolution, the panel focused on four developers that are reshaping this market:</p> <p><a href="http://www.are.com/greater-boston.html">Alexandria Real Estate</a> is bringing more office and lab product to the Kendall Square micromarket. Projects of interest include 100 Binney Street, which is now fully-occupied, the addition of 399 Binney Street to the One Kendall Square portfolio and the redevelopment of the Metropolitan Pipe site also on Binney Street.</p> <p>&nbsp;</p> <div data-shortcode="caption" id="attachment_1497" style="width: 1290px" class="wp-caption alignnone"><img data-attachment-id="1497" data-permalink="https://naihunnemanblog.com/2017/09/14/naiop-panel-examines-cambridge-present-future/microsoft-powerpoint-2010_0518-planning-board-100-binney2-ppt/" data-orig-file="https://naihunnemanblog.files.wordpress.com/2017/09/binney-street-development.jpg?w=676" data-orig-size="1280,896" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;abengtson&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;Microsoft PowerPoint - 2010_0518 Planning Board 100 Binney2.ppt&quot;,&quot;orientation&quot;:&quot;1&quot;}" data-image-title="Microsoft PowerPoint &#8211; 2010_0518 Planning Board 100 Binney2.ppt" data-image-description="" data-medium-file="https://naihunnemanblog.files.wordpress.com/2017/09/binney-street-development.jpg?w=676?w=300" data-large-file="https://naihunnemanblog.files.wordpress.com/2017/09/binney-street-development.jpg?w=676?w=676" class="alignnone size-full wp-image-1497" src="https://naihunnemanblog.files.wordpress.com/2017/09/binney-street-development.jpg?w=676" alt="Microsoft PowerPoint - 2010_0518 Planning Board 100 Binney2.ppt" srcset="https://naihunnemanblog.files.wordpress.com/2017/09/binney-street-development.jpg?w=676 676w, https://naihunnemanblog.files.wordpress.com/2017/09/binney-street-development.jpg?w=150 150w, https://naihunnemanblog.files.wordpress.com/2017/09/binney-street-development.jpg?w=300 300w, https://naihunnemanblog.files.wordpress.com/2017/09/binney-street-development.jpg?w=768 768w, https://naihunnemanblog.files.wordpress.com/2017/09/binney-street-development.jpg?w=1024 1024w, https://naihunnemanblog.files.wordpress.com/2017/09/binney-street-development.jpg 1280w" sizes="(max-width: 676px) 100vw, 676px" /><p class="wp-caption-text">Binney Street</p></div> <p>&nbsp;</p> <p><a href="http://www.bostonproperties.com/properties/boston">Boston Properties</a> recently began site work on the 486,000-square-foot “Akamile” at 145 Broadway, which will house Akamai Technologies’ global headquarters. This building will reportedly be among the most connected and sophisticated in the marketplace. Work also continues on the 280-unit Proto, providing more residential options in Kendall Square.</p> <p>&nbsp;</p> <div data-shortcode="caption" id="attachment_1502" style="width: 760px" class="wp-caption alignnone"><img data-attachment-id="1502" data-permalink="https://naihunnemanblog.com/2017/09/14/naiop-panel-examines-cambridge-present-future/145-broadway/" data-orig-file="https://naihunnemanblog.files.wordpress.com/2017/09/145-broadway.png?w=676" data-orig-size="750,422" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}" data-image-title="145 Broadway" data-image-description="" data-medium-file="https://naihunnemanblog.files.wordpress.com/2017/09/145-broadway.png?w=676?w=300" data-large-file="https://naihunnemanblog.files.wordpress.com/2017/09/145-broadway.png?w=676?w=676" class="alignnone size-full wp-image-1502" src="https://naihunnemanblog.files.wordpress.com/2017/09/145-broadway.png?w=676" alt="145 Broadway" srcset="https://naihunnemanblog.files.wordpress.com/2017/09/145-broadway.png?w=676 676w, https://naihunnemanblog.files.wordpress.com/2017/09/145-broadway.png?w=150 150w, https://naihunnemanblog.files.wordpress.com/2017/09/145-broadway.png?w=300 300w, https://naihunnemanblog.files.wordpress.com/2017/09/145-broadway.png 750w" sizes="(max-width: 676px) 100vw, 676px" /><p class="wp-caption-text">Kendall Square</p></div> <p>&nbsp;</p> <p>In addition to several hundred thousand square feet of commercial space at its Kendall Square development, <a href="https://volpe.mit.edu/">MIT</a> is working on redeveloping the Volpe Transportation Center site. This “hole in the Kendall Square donut” is currently undergoing rezoning with the city and will include 2.8M SF of mixed-use space.</p> <p>&nbsp;</p> <div data-shortcode="caption" id="attachment_1506" style="width: 649px" class="wp-caption alignnone"><img data-attachment-id="1506" data-permalink="https://naihunnemanblog.com/2017/09/14/naiop-panel-examines-cambridge-present-future/mit-volpe-01_0/" data-orig-file="https://naihunnemanblog.files.wordpress.com/2017/09/mit-volpe-01_0.jpg?w=676" data-orig-size="639,426" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}" data-image-title="MIT-Volpe-01_0" data-image-description="" data-medium-file="https://naihunnemanblog.files.wordpress.com/2017/09/mit-volpe-01_0.jpg?w=676?w=300" data-large-file="https://naihunnemanblog.files.wordpress.com/2017/09/mit-volpe-01_0.jpg?w=676?w=639" class="alignnone size-full wp-image-1506" src="https://naihunnemanblog.files.wordpress.com/2017/09/mit-volpe-01_0.jpg?w=676" alt="MIT-Volpe-01_0" srcset="https://naihunnemanblog.files.wordpress.com/2017/09/mit-volpe-01_0.jpg 639w, https://naihunnemanblog.files.wordpress.com/2017/09/mit-volpe-01_0.jpg?w=150 150w, https://naihunnemanblog.files.wordpress.com/2017/09/mit-volpe-01_0.jpg?w=300 300w" sizes="(max-width: 639px) 100vw, 639px" /><p class="wp-caption-text">Volpe Development</p></div> <p>&nbsp;</p> <p>DivcoWest is moving forward with the long-beleaguered <a href="http://www.northpointcambridge.com/">Northpoint</a> The 45-acre site is sandwiched between Cambridge, Somerville, and Boston, and when complete it will include 10 acres of open space and 4.5M SF of commercial space. Anchored by retail and residential, this new neighborhood will boast 2M SF of science and tech space; starting with a 430,000-square-foot speculative lab building.</p> <p>&nbsp;</p> <div data-shortcode="caption" id="attachment_1509" style="width: 715px" class="wp-caption alignnone"><img data-attachment-id="1509" data-permalink="https://naihunnemanblog.com/2017/09/14/naiop-panel-examines-cambridge-present-future/northpoint-development/" data-orig-file="https://naihunnemanblog.files.wordpress.com/2017/09/northpoint-development.jpg?w=676" data-orig-size="705,397" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}" data-image-title="Northpoint Development" data-image-description="" data-medium-file="https://naihunnemanblog.files.wordpress.com/2017/09/northpoint-development.jpg?w=676?w=300" data-large-file="https://naihunnemanblog.files.wordpress.com/2017/09/northpoint-development.jpg?w=676?w=676" class="alignnone size-full wp-image-1509" src="https://naihunnemanblog.files.wordpress.com/2017/09/northpoint-development.jpg?w=676" alt="Northpoint Development" srcset="https://naihunnemanblog.files.wordpress.com/2017/09/northpoint-development.jpg?w=676 676w, https://naihunnemanblog.files.wordpress.com/2017/09/northpoint-development.jpg?w=150 150w, https://naihunnemanblog.files.wordpress.com/2017/09/northpoint-development.jpg?w=300 300w, https://naihunnemanblog.files.wordpress.com/2017/09/northpoint-development.jpg 705w" sizes="(max-width: 676px) 100vw, 676px" /><p class="wp-caption-text">Northpoint</p></div> <p>&nbsp;</p> <p>One thing remains clear; the Cambridge market is continuing to grow and expand with no signs of stopping in the foreseeable future.</p> <p><em><img data-attachment-id="1283" data-permalink="https://naihunnemanblog.com/2017/06/08/a-breakdown-of-naiops-mid-year-market-roundup/liz_berthelette-3/" data-orig-file="https://naihunnemanblog.files.wordpress.com/2017/06/liz_berthelette1.jpg?w=676" data-orig-size="88,109" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}" data-image-title="Liz_Berthelette" data-image-description="" data-medium-file="https://naihunnemanblog.files.wordpress.com/2017/06/liz_berthelette1.jpg?w=676?w=88" data-large-file="https://naihunnemanblog.files.wordpress.com/2017/06/liz_berthelette1.jpg?w=676?w=88" class=" size-full wp-image-1283 alignleft" src="https://naihunnemanblog.files.wordpress.com/2017/06/liz_berthelette1.jpg?w=676" alt="Liz_Berthelette" /></em></p> <p>&nbsp;</p> <p><em>Liz Berthelette is NAI Hunneman’s Director of Research. You can learn more about here on her <strong><a href="http://www.naihunneman.com/agents/liz-berthelette" target="_blank" rel="noopener">bio</a></strong> or follow her on Twitter at <strong><a href="https://twitter.com/liz_berthelette" target="_blank" rel="noopener">@liz_berthelette</a>.</strong></em></p><br /> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/naihunnemanblog.wordpress.com/1487/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/naihunnemanblog.wordpress.com/1487/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/naihunnemanblog.wordpress.com/1487/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/naihunnemanblog.wordpress.com/1487/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/naihunnemanblog.wordpress.com/1487/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/naihunnemanblog.wordpress.com/1487/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/naihunnemanblog.wordpress.com/1487/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/naihunnemanblog.wordpress.com/1487/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/naihunnemanblog.wordpress.com/1487/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/naihunnemanblog.wordpress.com/1487/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/naihunnemanblog.wordpress.com/1487/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/naihunnemanblog.wordpress.com/1487/" /></a> <img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1487&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> https://naihunnemanblog.com/2017/09/14/naiop-panel-examines-cambridge-present-future/feed/ 0 lberthelette Microsoft PowerPoint - 2010_0518 Planning Board 100 Binney2.ppt 145 Broadway MIT-Volpe-01_0 Northpoint Development Liz_Berthelette 2017-09-14 17:51 +00:00 2017-09-14 12:51 -05:00 http://naihunnemanblog.com/?p=1465 https://naihunnemanblog.com/2017/08/30/amazon-and-whole-foods-a-logistics-play/ Company News Research Amazon and Whole Foods: A Logistics Play? The impact of Amazon’s planned purchase Whole Foods in the CRE world has been discussed at length over the past few months by numerous industry vets. You can find thoughts on what this deal could mean for the retail market from VTS, NREI, and Bisnow. Now that the FTC has given Amazon the official green &#8230; <a href="https://naihunnemanblog.com/2017/08/30/amazon-and-whole-foods-a-logistics-play/" class="more-link">Continue reading <span class="screen-reader-text">Amazon and Whole Foods: A Logistics&#160;Play?</span></a><img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1465&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> Wed, 30 Aug 2017 19:02:22 Z https://naihunnemanblog.com/2017/08/30/amazon-and-whole-foods-a-logistics-play/#respond Liz Berthelette <p>The impact of <a href="https://www.amazon.com/">Amazon’s</a> planned purchase <a href="http://www.wholefoodsmarket.com/">Whole Foods</a> in the CRE world has been discussed at length over the past few months by numerous industry vets. You can find thoughts on what this deal could mean for the retail market from <a href="http://blog.vts.com/amazons-whole-foods-buy-could-transform-retail-cre">VTS</a>, <a href="http://www.nreionline.com/retail/how-will-amazon-whole-foods-deal-affect-retail-real-estate">NREI</a>, and <a href="https://www.bisnow.com/national/news/retail/amazon-could-have-trigged-a-whole-foods-bidding-war-75714">Bisnow</a>. Now that the FTC has given Amazon the official green light, the acquisition has been finalized. Given the growing importance of e-commerce (including fresh grocery delivery) and last-mile distribution centers, many are also predicting the acquisition will ultimately disrupt the logistics market. With 450+ Whole Foods stores located within a stones-throw of some of the nation’s most affluent households, Amazon will be able to expand its reach exponentially — particularly for its Amazon Pantry, Fresh and Go concepts.</p> <p>A recent event hosted by <a href="http://www.costar.com/products/costar-portfolio-strategy">CoStar Portfolio Strategy</a> highlighted Amazon’s ever-evolving distribution network, and it’s clear that the e-commerce giant has been particularly focused on Delivery Stations and Prime Now Hubs in recent years. For reference, Delivery Stations average 100,000 square feet and are stocked with tens of thousands of items sold on Amazon, which are sorted for last-mile distribution. And Prime Now Hubs are roughly 50,000 square feet and house high velocity, same day delivery items. While large fulfillment centers still account for the majority of Amazon’s distribution infrastructure, according to <a href="http://www.mwpvl.com/html/amazon_com.html">MWPVL International</a>, Prime Now Hubs, and Delivery Stations represent nearly 5% of active facilities on a per-square-foot basis.</p> <p>So how does Amazon’s Greater Boston presence stack up? The map below shows the firm’s local distribution network; from a one-million-square-foot <a href="https://www.bostonglobe.com/business/2017/08/02/hundreds-show-for-jobs-amazon-warehouses-including-fall-river/ZyuM2ZBNFu7KW53n3ndEeL/story.html">distribution and fulfillment center</a> in Fall River to its latest <a href="https://www.bostonglobe.com/business/2017/08/17/boston-amazon-items-will-available-instant/UaSCdRApAf8duRjL5BSCmJ/story.html">Instant Pickup</a> location near Boston University. Combined, the firm boasts more than 1.5 million square feet of industrial space throughout the metro area. Interestingly, 4 out of 6 Amazon facilities are located within 10 miles of Boston; suggesting last-mile distribution has been a focus here.</p> <p><img data-attachment-id="1484" data-permalink="https://naihunnemanblog.com/2017/08/30/amazon-and-whole-foods-a-logistics-play/layout-designer/" data-orig-file="https://naihunnemanblog.files.wordpress.com/2017/08/amazon-dc-network_0828171.jpg?w=676" data-orig-size="3193,2408" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;Layout Designer&quot;,&quot;orientation&quot;:&quot;1&quot;}" data-image-title="Layout Designer" data-image-description="" data-medium-file="https://naihunnemanblog.files.wordpress.com/2017/08/amazon-dc-network_0828171.jpg?w=676?w=300" data-large-file="https://naihunnemanblog.files.wordpress.com/2017/08/amazon-dc-network_0828171.jpg?w=676?w=676" class=" size-full wp-image-1484 aligncenter" src="https://naihunnemanblog.files.wordpress.com/2017/08/amazon-dc-network_0828171.jpg?w=676" alt="Layout Designer" srcset="https://naihunnemanblog.files.wordpress.com/2017/08/amazon-dc-network_0828171.jpg?w=676 676w, https://naihunnemanblog.files.wordpress.com/2017/08/amazon-dc-network_0828171.jpg?w=1352 1352w, https://naihunnemanblog.files.wordpress.com/2017/08/amazon-dc-network_0828171.jpg?w=150 150w, https://naihunnemanblog.files.wordpress.com/2017/08/amazon-dc-network_0828171.jpg?w=300 300w, https://naihunnemanblog.files.wordpress.com/2017/08/amazon-dc-network_0828171.jpg?w=768 768w, https://naihunnemanblog.files.wordpress.com/2017/08/amazon-dc-network_0828171.jpg?w=1024 1024w" sizes="(max-width: 676px) 100vw, 676px" /></p> <p>The addition of Massachusetts’ 23 Whole Foods locations to the portfolio provides Amazon with access to a larger swath of the area’s population base. The second map below overlays the grocer’s current locations onto to the e-retailer’s industrial footprint. Many can be found in infill areas, close to Boston and Cambridge. One could argue that Amazon’s last-mile distribution network just expanded exponentially.</p> <p><img data-attachment-id="1485" data-permalink="https://naihunnemanblog.com/2017/08/30/amazon-and-whole-foods-a-logistics-play/layout-designer-2/" data-orig-file="https://naihunnemanblog.files.wordpress.com/2017/08/amazon-with-wf_0828171.jpg?w=676" data-orig-size="3181,2477" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;Layout Designer&quot;,&quot;orientation&quot;:&quot;1&quot;}" data-image-title="Layout Designer" data-image-description="" data-medium-file="https://naihunnemanblog.files.wordpress.com/2017/08/amazon-with-wf_0828171.jpg?w=676?w=300" data-large-file="https://naihunnemanblog.files.wordpress.com/2017/08/amazon-with-wf_0828171.jpg?w=676?w=676" class=" size-full wp-image-1485 aligncenter" src="https://naihunnemanblog.files.wordpress.com/2017/08/amazon-with-wf_0828171.jpg?w=676" alt="Layout Designer" srcset="https://naihunnemanblog.files.wordpress.com/2017/08/amazon-with-wf_0828171.jpg?w=676 676w, https://naihunnemanblog.files.wordpress.com/2017/08/amazon-with-wf_0828171.jpg?w=1352 1352w, https://naihunnemanblog.files.wordpress.com/2017/08/amazon-with-wf_0828171.jpg?w=150 150w, https://naihunnemanblog.files.wordpress.com/2017/08/amazon-with-wf_0828171.jpg?w=300 300w, https://naihunnemanblog.files.wordpress.com/2017/08/amazon-with-wf_0828171.jpg?w=768 768w, https://naihunnemanblog.files.wordpress.com/2017/08/amazon-with-wf_0828171.jpg?w=1024 1024w" sizes="(max-width: 676px) 100vw, 676px" /></p> <p>While the full impact of this transaction on the commercial real estate space markets (locally or nationally) has yet to be established, there have definitely been some (positive) implications for the consumer. Reportedly, Amazon is now offering <a href="https://www.usatoday.com/story/money/2017/08/25/amazon-prime-members-perks-whole-foods-organic-natural-deals-prices/602204001/">Prime subscribers</a> discounts and other perks at Whole Foods stores, prices have been reduced by <a href="https://www.bloomberg.com/news/articles/2017-08-28/amazon-cuts-prices-at-whole-foods-as-much-as-50-on-first-day">as much as 43%</a>, and it looks like you can now buy an <a href="https://www.theverge.com/2017/8/28/16214216/amazon-whole-foods-price-cuts-echo-avocado-in-store">Amazon Echo</a> at your local store.</p> <p><em><img data-attachment-id="1283" data-permalink="https://naihunnemanblog.com/2017/06/08/a-breakdown-of-naiops-mid-year-market-roundup/liz_berthelette-3/" data-orig-file="https://naihunnemanblog.files.wordpress.com/2017/06/liz_berthelette1.jpg?w=97&#038;h=120" data-orig-size="88,109" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}" data-image-title="Liz_Berthelette" data-image-description="" data-medium-file="https://naihunnemanblog.files.wordpress.com/2017/06/liz_berthelette1.jpg?w=97&#038;h=120?w=88" data-large-file="https://naihunnemanblog.files.wordpress.com/2017/06/liz_berthelette1.jpg?w=97&#038;h=120?w=88" class=" wp-image-1283 alignleft" src="https://naihunnemanblog.files.wordpress.com/2017/06/liz_berthelette1.jpg?w=97&#038;h=120" alt="Liz_Berthelette" width="97" height="120" /></em></p> <p>&nbsp;</p> <p><em>Liz Berthelette is NAI Hunneman’s Director of Research. You can learn more about here on her <strong><a href="http://www.naihunneman.com/agents/liz-berthelette" target="_blank" rel="noopener">bio</a></strong> or follow her on Twitter at <strong><a href="https://twitter.com/liz_berthelette" target="_blank" rel="noopener">@liz_berthelette</a>.</strong></em></p><br /> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/naihunnemanblog.wordpress.com/1465/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/naihunnemanblog.wordpress.com/1465/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/naihunnemanblog.wordpress.com/1465/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/naihunnemanblog.wordpress.com/1465/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/naihunnemanblog.wordpress.com/1465/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/naihunnemanblog.wordpress.com/1465/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/naihunnemanblog.wordpress.com/1465/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/naihunnemanblog.wordpress.com/1465/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/naihunnemanblog.wordpress.com/1465/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/naihunnemanblog.wordpress.com/1465/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/naihunnemanblog.wordpress.com/1465/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/naihunnemanblog.wordpress.com/1465/" /></a> <img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1465&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> https://naihunnemanblog.com/2017/08/30/amazon-and-whole-foods-a-logistics-play/feed/ 0 lberthelette Layout Designer Layout Designer Liz_Berthelette 2017-08-30 19:02 +00:00 2017-08-30 14:02 -05:00 http://naihunnemanblog.com/?p=1454 https://naihunnemanblog.com/2017/08/23/nai-hunneman-releases-q2-multifamily-report-rents-remain-strong-despite-uptick-in-supply/ Company News Research Uncategorized NAI Hunneman Releases Q2 Multifamily Report: Rents Remain Strong Despite Uptick in Supply NAI Hunneman is pleased to release its Second Quarter Multifamily Report. This year, demand drivers impressed as both population and employment trends remained positive throughout New England’s largest metro areas. Greater Boston outperformed with the metro’s population base surpassing 4.8 million. While the unemployment rate has ticked up in recent months, expansions in the education, &#8230; <a href="https://naihunnemanblog.com/2017/08/23/nai-hunneman-releases-q2-multifamily-report-rents-remain-strong-despite-uptick-in-supply/" class="more-link">Continue reading <span class="screen-reader-text">NAI Hunneman Releases Q2 Multifamily Report: Rents Remain Strong Despite Uptick in&#160;Supply</span></a><img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1454&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> Wed, 23 Aug 2017 16:25:23 Z https://naihunnemanblog.com/2017/08/23/nai-hunneman-releases-q2-multifamily-report-rents-remain-strong-despite-uptick-in-supply/#respond Liz Berthelette <p><img data-attachment-id="1458" data-permalink="https://naihunnemanblog.com/2017/08/23/nai-hunneman-releases-q2-multifamily-report-rents-remain-strong-despite-uptick-in-supply/multifamily-q2/" data-orig-file="https://naihunnemanblog.files.wordpress.com/2017/08/multifamily-q2.jpg?w=485&#038;h=292" data-orig-size="1458,833" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}" data-image-title="Multifamily-Q2" data-image-description="" data-medium-file="https://naihunnemanblog.files.wordpress.com/2017/08/multifamily-q2.jpg?w=485&#038;h=292?w=300" data-large-file="https://naihunnemanblog.files.wordpress.com/2017/08/multifamily-q2.jpg?w=485&#038;h=292?w=676" class=" wp-image-1458 aligncenter" src="https://naihunnemanblog.files.wordpress.com/2017/08/multifamily-q2.jpg?w=485&#038;h=292" alt="Multifamily-Q2" width="485" height="292" /></p> <p>NAI Hunneman is pleased to release its Second Quarter Multifamily Report. This year, demand drivers impressed as both population and employment trends remained positive throughout New England’s largest metro areas. Greater Boston outperformed with the metro’s population base surpassing 4.8 million. While the unemployment rate has ticked up in recent months, expansions in the education, tech, and life science industries, continue to drive the Boston metro area’s economy. Steady job growth and continued migration toward urban and infill locations bode well for household formation in this market. Vacancies in the Boston Metro&#8217;s Class A+/A asset class declined to 4.3% in the second quarter while the Class A-/B+ and Class B/B- asset classes posted vacancy rates of 3.6% and 3.5%, respectively. Some highlights from our report include:</p> <ul> <li>Asking rents continue to climb in Metro Boston; increasing by more than 30% over the last five years and reaching $2.39 per square foot in the second quarter.</li> <li>Boston remains a top destination for capital with continued interest from foreign and institutional players. However, peak pricing and uncertainty surrounding current federal legislation will likely continue to have an impact on the bid-ask spread among buyers and sellers; ultimately weighing on transaction volumes.</li> <li>While multifamily development is limited in the Springfield/ Worcester metro area, a handful of projects are currently underway in the market. 145 Front @ City Square (237 units) and The Lofts at City Place (51 units) represent the largest projects.</li> </ul> <p>For a full recap of the state of the Greater Boston Multifamily market, you can access our report <strong><span style="text-decoration:underline;"><span style="color:#0000ff;text-decoration:underline;"><a href="https://user-169168.cld.bz/Q2-2017-Multifamily-WEB" target="_blank" rel="noopener">here</a></span></span>.</strong></p><br /> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/naihunnemanblog.wordpress.com/1454/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/naihunnemanblog.wordpress.com/1454/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/naihunnemanblog.wordpress.com/1454/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/naihunnemanblog.wordpress.com/1454/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/naihunnemanblog.wordpress.com/1454/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/naihunnemanblog.wordpress.com/1454/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/naihunnemanblog.wordpress.com/1454/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/naihunnemanblog.wordpress.com/1454/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/naihunnemanblog.wordpress.com/1454/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/naihunnemanblog.wordpress.com/1454/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/naihunnemanblog.wordpress.com/1454/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/naihunnemanblog.wordpress.com/1454/" /></a> <img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1454&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> https://naihunnemanblog.com/2017/08/23/nai-hunneman-releases-q2-multifamily-report-rents-remain-strong-despite-uptick-in-supply/feed/ 0 lberthelette Multifamily-Q2 2017-08-23 16:25 +00:00 2017-08-23 11:25 -05:00 http://naihunnemanblog.com/?p=1442 https://naihunnemanblog.com/2017/08/02/weekly-cre-blog-roundup-13/ Company News Research Weekly CRE Blog Roundup Below represents recent blog posts of interest from around the commercial real estate universe curated by the NAI Hunneman Research Department. Do These 5 Things Every Day to Up Your Prospecting Game- Prospecting, although vital, can be a tedious task. Without gaining new clients, business remains unchanged. These five strategies add variety to the way &#8230; <a href="https://naihunnemanblog.com/2017/08/02/weekly-cre-blog-roundup-13/" class="more-link">Continue reading <span class="screen-reader-text">Weekly CRE Blog&#160;Roundup</span></a><img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1442&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> Wed, 02 Aug 2017 19:24:40 Z https://naihunnemanblog.com/2017/08/02/weekly-cre-blog-roundup-13/#respond NAI Hunneman <p><span style="color:#000000;font-family:Calibri;">Below represents recent blog posts of interest from around the commercial real estate universe curated by the NAI Hunneman Research Department.</span></p> <ol> <li><a href="http://bit.ly/2u4lPpW" target="_blank" rel="noopener">Do These 5 Things Every Day to Up Your Prospecting Game-</a> Prospecting, although vital, can be a tedious task. Without gaining new clients, business remains unchanged. These five strategies add variety to the way that commercial real estate professionals can expand their network. <em>(Source: ClientLook)</em></li> <li> <a href="http://bit.ly/2vj0CIV" target="_blank" rel="noopener">6 Business Must-Reads For CRE Professionals-</a> Learning from other’s experiences can be one of the most effective ways to retain and reuse information. When it comes to CRE, learning about the strategies and practices from others not only aids in inspiration, but guides efficiency. <em>(Source: RealNex)</em></li> <li><a href="http://bit.ly/2hktbzI" target="_blank" rel="noopener">Strong Job Creation Drives Demand For Commercial Real Estate-</a> In June, more jobs in the labor market were created than expected. This increased activity drives demand upward, mostly for office space, as new hires need a place to work.<em> (Source: Apto)</em></li> <li><a href="http://bit.ly/2f8nowl" target="_blank" rel="noopener">CRE Pros Need Social Marketing-</a> Utilizing social media as a marketing tool continues to prove successful in more ways than one.<em> (Source: The Content Funnel)</em></li> <li><a href="http://bit.ly/2uWPsbF" target="_blank" rel="noopener">Your Social Media Strategy Must Have These 7 Ingredients-</a> As difficult as navigating social media can be, discovering the best way to produce effective content is even harder. By building a marketing plan, social media can be utilized to reach and engage your targeted audience. <em>(Source: The Content Funnel)</em></li> </ol><br /> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/naihunnemanblog.wordpress.com/1442/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/naihunnemanblog.wordpress.com/1442/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/naihunnemanblog.wordpress.com/1442/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/naihunnemanblog.wordpress.com/1442/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/naihunnemanblog.wordpress.com/1442/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/naihunnemanblog.wordpress.com/1442/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/naihunnemanblog.wordpress.com/1442/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/naihunnemanblog.wordpress.com/1442/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/naihunnemanblog.wordpress.com/1442/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/naihunnemanblog.wordpress.com/1442/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/naihunnemanblog.wordpress.com/1442/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/naihunnemanblog.wordpress.com/1442/" /></a> <img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1442&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> https://naihunnemanblog.com/2017/08/02/weekly-cre-blog-roundup-13/feed/ 0 About-Page naihunneman 2017-08-02 19:24 +00:00 2017-08-02 14:24 -05:00 http://naihunnemanblog.com/?p=1433 https://naihunnemanblog.com/2017/08/01/new-from-nai-hunnemans-research-department-q2-metro-boston-market-report/ Company News Research Uncategorized New From NAI Hunneman’s Research Department: Q2 Metro Boston Market Report Our second quarter office and industrial report is now available. You can access the full report here, and some highlights from the second quarter are listed below. The Office Market Net absorption was slightly positive in Greater Boston’s office market during the second quarter. While fundamentals are generally positive, conditions are clearly shifting in the &#8230; <a href="https://naihunnemanblog.com/2017/08/01/new-from-nai-hunnemans-research-department-q2-metro-boston-market-report/" class="more-link">Continue reading <span class="screen-reader-text">New From NAI Hunneman’s Research Department: Q2 Metro Boston Market&#160;Report</span></a><img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1433&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> Tue, 01 Aug 2017 17:15:35 Z https://naihunnemanblog.com/2017/08/01/new-from-nai-hunnemans-research-department-q2-metro-boston-market-report/#respond NAI Hunneman <p><img data-attachment-id="1439" data-permalink="https://naihunnemanblog.com/2017/08/01/new-from-nai-hunnemans-research-department-q2-metro-boston-market-report/fullreport-q2/" data-orig-file="https://naihunnemanblog.files.wordpress.com/2017/08/fullreport-q2.jpg?w=551&#038;h=339" data-orig-size="700,400" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}" data-image-title="FullReport-Q2" data-image-description="" data-medium-file="https://naihunnemanblog.files.wordpress.com/2017/08/fullreport-q2.jpg?w=551&#038;h=339?w=300" data-large-file="https://naihunnemanblog.files.wordpress.com/2017/08/fullreport-q2.jpg?w=551&#038;h=339?w=676" class=" wp-image-1439 aligncenter" src="https://naihunnemanblog.files.wordpress.com/2017/08/fullreport-q2.jpg?w=551&#038;h=339" alt="FullReport-Q2" width="551" height="339" /></p> <p><em><strong>Our second quarter office and industrial report is now available. You can access the full report <span style="text-decoration:underline;color:#0000ff;"><a href="https://user-169168.cld.bz/Q2-2017-MarketReport-WEB" target="_blank" rel="noopener">here</a></span>, and some highlights from the second quarter are listed below.</strong></em></p> <p><strong>The Office Market</strong></p> <p>Net absorption was slightly positive in Greater Boston’s office market during the second quarter. While fundamentals are generally positive, conditions are clearly shifting in the economy and the office market. Build-to-suit activity and owner-user sales drove a majority of the positive absorption in the suburbs, but metrowide vacancies remained flat compared to last quarter at 11.3%. While absorption may increase during the second half of this year, on the whole, relocations are resulting in decreased office footprints. Looking beyond 2017, demand growth will likely fail to reach levels Greater Boston has seen in recent years.</p> <p>Landlords continue to push lease rates throughout the metro. However, rents are beginning to level off in some segments of the marketplace. Metrowide average asking rents ended the second quarter at $33.60 per square foot, which is only slightly above first-quarter rents. Class A rents surpassed $41 per square foot at the metro level, with both the Downtown and Cambridge markets averaging more than $60 per square foot. In addition, the lack of vacancy in certain areas, like Fenway/Kenmore and Cambridge’s Class B market, have led to very few rent observations. Any movement in space fundamentals can impact the stats in these ultra-tight office markets.</p> <p><strong>The Industrial Market</strong></p> <p>The Greater Boston industrial market absorbed more than 300,000 square feet of space in the second quarter of 2017. Vacancies are sub-8%; reaching levels not seen in more than 15 years. Demand drivers remain vast and varied. E-commerce, housing and building-related firms, drug manufacturing, logistics, high-tech manufacturing, breweries and medical marijuana facilities are all bolstering industrial demand in the marketplace.</p> <p>Rents have risen 15% since the end of 2014, ending the second quarter at $8.64 per square foot. While modern, quality industrial space continues to garner a premium, in some instances location (particularly infill areas) is driving lease rates. Expect conditions to remain positive in the near term. Steady leasing activity, coupled with more subdued construction, will keep market fundamentals moving in the right direction going forward.</p><br /> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/naihunnemanblog.wordpress.com/1433/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/naihunnemanblog.wordpress.com/1433/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/naihunnemanblog.wordpress.com/1433/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/naihunnemanblog.wordpress.com/1433/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/naihunnemanblog.wordpress.com/1433/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/naihunnemanblog.wordpress.com/1433/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/naihunnemanblog.wordpress.com/1433/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/naihunnemanblog.wordpress.com/1433/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/naihunnemanblog.wordpress.com/1433/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/naihunnemanblog.wordpress.com/1433/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/naihunnemanblog.wordpress.com/1433/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/naihunnemanblog.wordpress.com/1433/" /></a> <img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1433&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> https://naihunnemanblog.com/2017/08/01/new-from-nai-hunnemans-research-department-q2-metro-boston-market-report/feed/ 0 naihunneman FullReport-Q2 2017-08-01 17:15 +00:00 2017-08-01 12:15 -05:00 http://naihunnemanblog.com/?p=1427 https://naihunnemanblog.com/2017/07/21/weekly-cre-blog-roundup-12/ Company News Research Weekly CRE Blog Roundup Below represents recent blog posts of interest from around the commercial real estate universe curated by the NAI Hunneman Research Department. Four Best Social Networks for CRE- The channels that you choose to market yourself on in CRE is highly important. Each channel has different capabilities of reaching and connecting with particular audiences, be sure &#8230; <a href="https://naihunnemanblog.com/2017/07/21/weekly-cre-blog-roundup-12/" class="more-link">Continue reading <span class="screen-reader-text">Weekly CRE Blog&#160;Roundup</span></a><img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1427&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> Fri, 21 Jul 2017 15:10:54 Z https://naihunnemanblog.com/2017/07/21/weekly-cre-blog-roundup-12/#respond NAI Hunneman <p>Below represents recent blog posts of interest from around the commercial real estate universe curated by the NAI Hunneman Research Department.</p> <ol> <li><a href="http://bit.ly/2uidFXW" target="_blank" rel="noopener">Four Best Social Networks for CRE-</a> The channels that you choose to market yourself on in CRE is highly important. Each channel has different capabilities of reaching and connecting with particular audiences, be sure to use the best fit social network for your company’s culture. (Source: The Content Funnel)</li> <li><a href="http://bit.ly/2uNuzAX" target="_blank" rel="noopener">Boston’s Seaport District Continues its Momentum-</a> The once unimpressive Seaport has not only made a comeback but has continued to develop into one of the most exciting areas of town. (Source: VTS)</li> <li><a href="http://bit.ly/2vrk0QV" target="_blank" rel="noopener">4 Ways To Get More Email Signups From Your Website-</a> One of the biggest challenges faced within a CRE website is discovering a way to not only enhance traffic towards the page itself but developing a strategy that leads to subscribers. Here are 4 ways to make this seemingly impossible task easier. (Source: ClientLook)</li> <li><a href="http://bit.ly/2rDVgCV" target="_blank" rel="noopener">With Housing Prices Rising, Developers May Be Under Increasing Pressure to Address Affordable Housing Need-</a> The pressing issue regarding affordable housing is far from going away. Developers may have to pay a price in order for Boston to maintain its middle class. (Source: BLDUP)</li> <li><a href="http://bit.ly/2ueqG4X" target="_blank" rel="noopener">Brokers: Are You Implementing These 5 Content Marketing Best Practices?-</a> As it can be difficult to market content properly to a targeted audience, try enforcing these 5 practices to strengthen and improve your efforts.  (Source: Apto)</li> </ol><br /> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/naihunnemanblog.wordpress.com/1427/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/naihunnemanblog.wordpress.com/1427/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/naihunnemanblog.wordpress.com/1427/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/naihunnemanblog.wordpress.com/1427/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/naihunnemanblog.wordpress.com/1427/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/naihunnemanblog.wordpress.com/1427/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/naihunnemanblog.wordpress.com/1427/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/naihunnemanblog.wordpress.com/1427/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/naihunnemanblog.wordpress.com/1427/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/naihunnemanblog.wordpress.com/1427/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/naihunnemanblog.wordpress.com/1427/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/naihunnemanblog.wordpress.com/1427/" /></a> <img alt="" border="0" src="https://pixel.wp.com/b.gif?host=naihunnemanblog.com&#038;blog=49244689&#038;post=1427&#038;subd=naihunnemanblog&#038;ref=&#038;feed=1" width="1" height="1" /> https://naihunnemanblog.com/2017/07/21/weekly-cre-blog-roundup-12/feed/ 0 About-Page naihunneman 2017-07-21 15:10 +00:00 2017-07-21 10:10 -05:00