January 2012

Congratulations, you have been hired! According to a recent article on Forbes.com, Boston tied for 13th of cities to be hiring this year. Overall, there is an 11% net hiring expectancy in the U.S.

What does this mean to you as a new hire and possible relocater to Boston? Consider that rental prices in Boston are already high and availability extremely low. This is before this job growth news!

5 Tips from Cabot and Company Real Estate

1. Find a reputable real estate agency. Our agents at Cabot and Company in Boston’s Back Bay are experienced professionals. Visit www.cabotandcompany.com or call 617-262-6200.

2. Begin your search as early as possible. As soon as you get the employment green light, preferably 60-90 days in advance, reach out and start your search.

3. Identify the key neighborhoods you will live in. Keep transportation and proximity to work in mind.

4. Make some transportation decisions. Boston has a great public transit system. The city has recently added many bicycle lanes. Boston is a walking city and there are many very accessible short term car rental options.

5. Organize paperwork and funds in advance of finding an apartment so you can act quickly when you see a good option. Once again, the seasoned agents at Cabot and Company real estate can assist you in your search.

Congratulations!

The event will be held at 337 Commonwealth Ave, Boston, MA in the Back Bay for the newly $100K price reduxed home, Unit 40, and kicks off this Sunday,  Jan. 8, from 12-1pm.

For more information about this property or interested in learning more about available Back Bay homes, please contact the Cabot & Company offices, today!

Rent Rates for Boston Retail Space

Rental rates in the Boston retail market are slightly lower than last quarter (down 0.2%) and essentially flat from one year ago (down 0.07%).  In the Back Bay, quoted retail rent rates for the third quarter averaged $60.87 per square foot; in the South End, $31.22 per square foot; and the Financial District, $35.00 per square foot.

Largest Lease Signings in Greater Boston

The largest lease signings of 2011 include a 60,000 square foot lease by Stop & Shop at Atlantic Plaza (Reading, MA), a 45,000 square foot lease by Whole Food Market in Lynnfield, MA, and most recently, a 43,998 square foot lease by Restoration Hardware in Boston’s Back Bay.  Restoration Hardware will be moving into the former Louis Boston building.

Improvement in the Market

While rent rates are down, the Boston retail market showed improvement in the third quarter.  The vacancy rate is down to 4.6% for the Boston market.  In the Back Bay, which includes premier shopping destination Newbury Street, vacancy is down to 3.6%.

With the improvement of the market, now is a wise time to invest in retail properties.  Single-tenant, triple-net leases, for instance, are becoming increasingly popular as investment opportunities; particularly with the recent ups-and-downs of the stock market.

Call Eric Shabshelowitz at 617-896-5010 or email him at eric@cabotandcompany.com to learn more about retail leasing and sales opportunities throughout the Greater Boston area.

Open Concept Living & Entertaining

337 Commonwealth Avenue is an elegant and spacious two bedroom, two bathroom penthouse in Back Bay.

This home features open concept living and entertaining area, and a dazzling private roofdeck!

The home had high ceilings, skylights, and beautifully maintained original detail, central air conditioning, and in-unit laundry.

There is a custom-built work station and study area, and an oversize master bedroom en suite.  The kitchen has a soapstone island, wine fridge, and stainless steel appliances. Parking is available, too!

This Boston luxury penthouse has it all!  If you are interested in viewing this back Bay penthouse for sale, please Contact Rene Rodriguez at 617-896-5006 today!

REMINDER:  If you’re coming to the Open House on Sunday, don’t forget to set your clock back an hour for Daylight Savings Time this Sunday!

Master Bedroom en Suite

Views and Deck

Kitchen with Island

Second Bedroom

Come see it for yourself during our next Open House on Sunday, October 30th from 12pm-1pm.

106 Marlboro Street is a charming historic building originally built in 1890, and completely renovated in 1984, located in the prestigious Back Bay neighborhood of Boston.  106 Marlboro Street Unit #6 is a meticulously maintained two-bedroom, 1-bathroom condo currently for sale in this unique building.

The living room features hardwood floors, high ceilings, and large windows with wide windowsills and views of the neighborhood. The primary features of the room, however, are the large black marble fireplace surrounded by gorgeous built-in shelving and cabinetry.  The detailed crown moldings, wainscoting, and case moldings in this Back Bay condo add warmth and character to the room as well.  The setting is perfect for hosting social gatherings, or enjoying a quiet night of sitting by the fireplace.

The kitchen has been completely updated with new cabinets, stainless steel stove, modern appliances, recessed lighting and more.

Please contact Shelagh Brennan at 617-896-5002 to schedule a viewing or learn more about this exquisite 2-Bedroom Back Bay Condo for Sale!

Click here to view the full property listing and more photos.

Back Bay Skyline Views

If you’ve dreamed of living in a Back Bay penthouse with great views of the Back Bay skyline, this luxury home recently listed for sale on Commonwealth Avenue may be just what you were looking for!

337 Commonwealth Avenue is an airy and spacious two bedroom, two bathroom penthouse in Back Bay; located on one of the most desirable areas of Boston with postcard views of the Back Bay skyline.

This elegant home features high ceilings, skylights, and beautifully maintained original detail. Open concept living and entertaining area.  The kitchen has a soapstone island, wine fridge, and stainless steel appliances.

There is an oversize master bedroom en suite. Many improvements including full stair access to dazzling private roofdeck, central air conditioning, and custom built work-station and study area.  There is also laundry in-unit and parking, too!

This Boston luxury penthouse has it all!  If you are interested in viewing this back Bay home for sale, please Contact Rene Rodriguez at 617-896-5006 today!

Kitchen with Island

Open Concept Living & Entertaining

Master Bedroom en Suite

Cabot’s own multi-talented Natalija Pavlovic sings The Girl From Ipanema in Portugese at Cabot & Company’s spectacular Brokers Open House at the 410 Beacon Street waterside townhouse last week.

While a chef prepared sensational appetizers in the  gourmet kitchen, the Boston brokerage community was able to get a taste of the good life while touring the $9.65 million dollar Back Bay mansion!

Natalija Pavlovic Singing in the Library

Click here to read more about this unique luxury property for sale, view more photos, and take our virtual tours.   Did you miss the Open House?  Contact Us today if you’d like to schedule an appointment to view this amazing Back Bay mansion.  Visit www.410beaconstreet.com to learn more!

410 Beacon Street Kitchen

410 Beacon Street Foyer

410 Beacon Street Windows

410 Beacon Street Views

505 Tremont 402-03 spacious master bedroom suite

The elegance and beauty of 505 Tremont St, #402-03 is a sight to behold. The luxury Boston condo located in the premier Atelier 505 building features 3 bedrooms, a media-room/library, 3 ½ bathrooms, and a terrace with an epic city view. The luxury condo also has a huge living room that leads out to the terrace, and an expansive kitchen with a long breakfast bar, including state-of-the-art appliances from Gaggenau, Miele and SubZero. The luxury condo has a walk-in pantry great for storing all your kitchen necessities and it has a laundry room. The master suite is massive with a brilliant view of Back Bay. Included in the master suite is a private terrace, sybaritic spa bath, and walk-in closet. The luxury home also has two amazing guest bedrooms, central stereo and surround sound system great for entertainment and entertaining. And for those who like to stay mobile, 3 car garage parking.

The Boston luxury condo has it all! If you are interested in living at 505 Tremont Street, please Contact Rene Rodriguez at 617-896-5006 today! Our expert and knowledgeable real estate agents would be glad to help you.

The luxurious living area with beautiful city view at 505 Alterier 402-03

Back Bay One located in key Boston area with tons of amenities

One Back Bay Luxury Building is the most ideal residence when it comes to Boston city living. Located at 135 Clarendon Street, it’s only two blocks away from the world-famous Newbury Street, a few MBTA stops to the Boston Common or in the other direction, Feneway Park, and it’s in walking distance from the beautiful Copley Square.

The One Back Bay Luxury Building features tons of amenities. It has a Terrace with BBQ grill, a state-of-the-art fitness center, on-site gourmet market, children’s interactive play and party room, 24-hour concierge and doorman service, and much, much, more.

Designer, A.M. Stern, masterfully crafted the building down to the last detail. With an eye for perfection, his level of excellence is breathtaking. The interiors feature select hardwood oak floors, Botticino Marble in the bathrooms, and top-of-the-line kitchen appliances.

To find out more about One Back Bay Luxury Building, contact us today! Our expert real estate agents are happy to help you with any questions or information.

The mansion's extravagant courtyard

Cabot & Company will host a brokers’ open house on Thursday September 15^th from 4:00 pm to 6:00 pm. at 410 Beacon Street.   This event is co-sponsored by First Republic Bank and they have an amazing menu being prepared by their fine caterer.  Enjoy the way “life should be” for two hours in a classic waterside Beacon Street townhouse with a quartet from the New England Conservatory playing cool jazz in the private inner courtyard.  Explore the entire mansion while savoring, among other farm-fresh items, pumpkin ravioli and dessert shooters!  Sip some wine and share this extraordinary broker’s open house in the company of your colleagues in a magnificent setting.  You may even help us sell it!

For more information please contact one of our very knowledgeable real estate agents, today!