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| The 262,000-square-foot office building at 116 Huntington Ave. in Boston’s Back Bay was designed by Boston architects CBT/Childs Bertman Tseckares and developed by JMB Property Corp. just over a decade ago. |
New Boston Fund Sets Sights On Hub’s 116 Huntington Ave.
By Joe Clements
Even as another Boston office building hits the trading block, it appears 116 Huntington Ave. is about to be pulled off, with sources telling Banker & Tradesman last week that the New Boston Fund has agreed to buy the 11-year-old Back Bay structure.
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Housing Market Shifts; Realtors Switch Gears
By Aglaia Pikounis
Just as the stock market started to nosedive and the dot-com industry collapsed a little more than a year ago, Bay State real estate agents began noticing a softening in the higher-end housing market.
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Officials: Banks Would Weather Iraq War
By Melanie Nayer
Despite the successive unfolding of situations that, by themselves, have caused furrowed brows – the Sept. 11 tragedies, corporate scandals and the faltering economy – state officials and industry analysts say local bankers have no cause to fear the worst as the specter of war looms closer on the horizon.
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Flex Buildings Bending a Bit, Not Breaking in Down Market
By Joe Clements
It often pays to be flexible, and certainly that is the case these days with the commercial real estate industry. While office space and other sectors have been hit hard by the prolonged economic downturn, so-called “flex buildings” have been surprisingly resilient, attracting both investor and user interest.
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Equity Launches ‘Sweepstakes’ As a New Incentive for Tenants
By Aglaia Pikounis
The battle to attract new tenants and retain current ones has led many landlords and rental property owners to come up with appealing incentives in recent months – anything from rent-free months to paying for moving fees.
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