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 Issue of January 29, 2007 
   
Retail Development, Occupancy Rates Remained Strong in ‘06
By Jason Weissman
2006 was an exciting time in retail real estate in Eastern Massachusetts. A myriad of varied projects recently came to fruition and completion.

Tightening Office Market Means Higher Rents, Fewer Vacancies
By Thomas Grillo
The Cambridge office market was the big story last year as the vacancy and absorption rates fell by more than four percentage points – the biggest drop in five years – while some rents topped $35 per square foot.

Welcoming Mixed-Use to the Neighborhood: The Latest Trends
By Joseph T. Geller
With commercial development on the rise, landscape architects and civil engineers have seen the emergence of both new and reused concepts for site design.

Boston’s City Hall Became Focus Of Mayor’s Development Plans
By Lawrence S. DiCara
Of all the public announcements made during 2006, few, if any, received more headlines than Boston Mayor Thomas M. Menino’s suggestion that it is time to build a new City Hall.

Controlling Construction Costs: The Opportune Time for Change
By Frederic H. Mulligan
The design and construction industry is seeing unprecedented volatility, driven by market forces that are reducing affordability for owners and developers.

Past Mistakes Provide Lessons To Help Prepare for Next Crisis
By Ashley McCown, Bruce Kennedy and Brett J. Holmgren
Dec. 8, 2006 was a notably difficult and sad day for many in commercial real estate. In Chicago’s Citigroup Center, a gunman shot and killed three employees in a law office, before being shot and killed by a Special Weapons and Tactics (SWAT) sniper.

Virtual Office Space Provides A New Vision for Businesses
By Leslie Libeskind
Some industry observers predict that the virtual office phenomenon will add more than 15 million participants worldwide over the next five years.

Office Rents Continue to Climb; Tenants Considering Suburbs
By Joe Sciolla
Landlords stepped into the new year with a renewed swagger as signposts suggested that the commercial real estate market is swinging further in their favor ...

New Year, New Coverage Plan: Updating Insurance Parameters
By Roy Solomon
The challenges of operating a business are many and seem to be increasing all the time.

Cambridge Lab Market Expands; Office Contracts, Rents Climbing
By Dan Sullivan and Adam Subber
The cache of Cambridge as the country’s heart of life sciences is taking on new meaning as more venture capital and jobs flow into the city.

Charitable Remainder Trusts Can Be Profitable Exit Option
By Len Jarrott
In recent years, many people have relayed the same situation as they approach retirement age: They bought an investment property 20 or 30 years ago that has appreciated beyond their wildest dreams.



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