Archive for the ‘Boston Investments Property’ Category
Wednesday, May 16th, 2012
According to a recent Boston Herald article there is intense competition for multifamily homes in and around Boston. The reason stated is due to three categories of buyers including contractors, investors, and owner-occupants. The Herald says “Driving the trend are a rebounding housing market, low interest rates, and resilient rents in Greater Boston”
MLS reports in the month of April, 61 multi-families sold and 191 went under contract not to mention inventory is down 18% from last year.
HERE IS YOUR OPPORTUNITY! (Seen below) We have a terrific 3 family in South Boston already proving a 5% cap rate and room to go to 6%! Fully leased near public transportation and the beach is 2 blocks away!
CLICK HERE FOR MORE PROPERTY INFORMATION AND PHOTOS!
If you would like to learn more about 190 L Street, South Boston, or interested in other multi-family homes for sale, Call Eric Shabshelowitz at 617-896-5010 and schedule a showing today!
Tags: boston multi-family homes, Boston Real Estate, south boston homes
Posted in Boston Investments Property, Boston Neighborhoods, Boston Property |
Monday, April 9th, 2012
Boston’s office market started the year off on a strong foot. Overall vacancy is down to 15.3% – during the space period one year ago, vacancy was at 16.5% – according to Richards Barry Joyce & Partners. The Financial District, Back Bay, Seaport, Midtown and North Station markets each saw the vacancy rate fall from January through March.
Boston’s Back Bay and East Cambridge/Kendall Square are two of the area’s hottest markets. Both have seen the asking rent rates for Class A space rise more than 20% since 2010. In the first quarter, asking rents in the Back Bay were the highest in the area at $55.20.
Call Eric Shabshelowitz at 617-896-5010 or email him at eric@cabotandcompany.com for assistance with your office leasing and sales needs in metro Boston.
Tags: Boston’s office market, office leasing, office space for sale
Posted in Boston Commercial Real Estate, Boston Investments Property, Cabot and Company News |
Friday, March 2nd, 2012
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
Posted in Back Bay, Back Bay Apartments, Back Bay Condos, Boston Apartments, Boston Buyer Agent, Boston Buyer Broker, Boston Condos, Boston Homes, Boston Investments Property, Boston Luxury Condos, Boston Luxury Real Estate, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Real Estate Agent, Boston Real Estate Trends |
Tuesday, January 17th, 2012
BOSTON MAGAZINE JANUARY 2012
Living Large
Rachel Slade’s off-kilter take on Hub dwellings.
By Rachel Slade
Pahk the Cah – For $350K
Life just keeps getting tougher for Back Bay die-hards, as ex-suburbanites pour into the city with their pedigreed dogs and black BMW’s. So when circling the block for three hours after a hard day’s work loses its charm, it’s time to invest in some asphalt. But with only a handful of parking spots listed on the MLS, the Back Bay’s alleys are precious property, indeed. Case in point: Though a two-vehicle tandem space between Commonwealth Avenue and Newbury Street is exposed to all the elements – snow (BYO shovel), inebriated students – it costs about $1,000 a square foot, making it some of the priciest pavement in the world. Get a Zipcar account, you say?
That’s part of the problem–the car-sharing powerhouse has already gobbled up 107 spots around the neighborhood. Where’s teleportation when you need it?
Address: 132 Commonwealth Avenue, #5/6 Listing Price: $350,000, Listing Agent: Shelagh Brennan, Cabot and Company, 617-896-5002, cabotandcompany.com, Stats: One big, expensive slab of pavement in the Back Bay.
Tags: back bay parking, back bay parking real estate, back bay parking spots, boston parking, boston parking real estate, parking spots for sale
Posted in Back Bay, Boston Buyer Broker, Boston Investments Property, Boston Luxury Real Estate, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Real Estate Agent, Boston Real Estate Trends, Boston Realty, Cabot and Company News |
Friday, December 16th, 2011
By Eric Shabshelowitz
For the first time since the economic downturn began in 2008, the monthly national average for commercial real estate prices showed year-over-year improvement. According to the report, in October 2011, prices increased 2.2% from the same period a year ago. The average transaction size (+29.4%) and overall transaction volume (+23%) are both showing positive improvement.
Another positive sign for the commercial real estate market is that the ratio of distressed sales continues to decline. In March 2011, 35.4% of all repeat sales were distressed sales. In October, that number shrank to 25.2% nationally.
As we head into the new year, this positive trend should continue. Interest rates are at record lows, which is presenting great opportunities for businesses to buy their retail and office spaces rather than continue to rent. Commercial real estate is also a popular investment vehicle amidst the recent uncertainty in the stock market.
Call Eric Shabshelowitz at 617-896-5010 or email him at eric@cabotandcompany.com to learn more about commercial real estate opportunities in and around Boston.
Tags: Back Bay, Back Bay Apartments, Back Bay Condos, Boston Apartments, Boston Commercial Real Estate, Boston Investments Property, Boston Luxury Real Estate, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Real Estate Trends, Boston Realty, Cabot and Company News, South End, South End Apartments, South End Condos, South End Neighborhood
Posted in Back Bay, Beacon Hill, Boston Buyer Broker, Boston Commercial Real Estate, Boston Investments Property, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Realty, Cabot and Company News, Featured Listing, Fenway, Financial District, North End, South End |
Monday, December 12th, 2011
By Eric Shabshelowitz
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.
Tags: Back Bay Real Estate, Boston Real Estate, Boston rental Rates, financial district real estate, Retail Renting rates in Boston, South End Real estate
Posted in Back Bay, Back Bay Apartments, Back Bay Condos, Boston Apartments, Boston Commercial Real Estate, Boston Investments Property, Boston Luxury Real Estate, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Real Estate Trends, Boston Realty, Cabot and Company News, South End, South End Apartments, South End Condos, South End Neighborhood |
Tuesday, November 29th, 2011
Why gamble with the stock market? Boston real estate can offer as much as a 4.5% return on your money!
Great investment opportunities are available in the form of very rentable Beacon Hill and Back Bay condos. With 20-25 percent down, you can be in a cash flow positive situation in no time. See the two great units below on Dartmouth Street in Back Bay – and contact Josh, our investment expert, to learn more!
330 Darmtouth, #1A, Boston, MA
330 Dartmouth, #1A, Boston, MA
Listed at $439,000, this Back Bay one bedroom is as nice as Boston Condos get! Located within close proximity to Copley Square and the Prudential Center.
View the full listing and more photos, or schedule a showing
330 Darmtouth, #1B, Boston, MA
330 Dartmouth, #1B, Boston, MA
Listed at $435,000, this one bedroom condo is a charmer! Located on in the Back Bay and downtown neighborhoods, this desirably located Boston condo can be your new home!
View the full listing and more photos, or schedule a showing here.
Posted in Boston Condos, Boston Investments Property, Boston Luxury Condos, Boston Property, South End Condos |
Thursday, November 17th, 2011
Downtown Boston's thriving commercial space
Boston Commercial Real Estate Rent Changes
Across the city, rents were down 2.1% in the third quarter of 2011. The average rent rate for office space in the Boston area is down to $20.39 per square foot. Class A rates saw the greatest decrease – coming down to $26.36 per square foot from $27.94 per square foot in the prior quarter. In Boston’s central business district (which includes premier areas such as the Back Bay and the Financial District), rent rates are down nearly 8% from Q2 to $34.36 per square foot.
Vacancy and Availability
It appears that prospective tenants are taking advantage of these lower rents, as the amount of available space is down as well. Availability in the Boston area dropped by 4% in the third quarter of 2011, which leaves Boston with an 11% vacancy rate overall. In Boston’s central business district, vacancy is slightly higher (around 11.2%) but is still down from Q2.
Conclusion
Rent rates are still down, but available spaces are getting filled up rapidly. Now is an excellent time to look for a new space for your business! Call Eric Shabshelowitz at 617-896-5010 or email him at eric@cabotandcompany.com to learn more about Boston investment property or commercial opportunities available throughout the Greater Boston area.
Posted in Boston Commercial Real Estate, Boston Investments Property, Boston Property, Boston Real Estate, Cabot and Company News |
Thursday, July 28th, 2011
The economy is tough these days. Maybe it’s time to start thinking about owning, instead of renting.
Despite the current state of the economy, Boston is experiencing record high rents. The Boston Globe recently reported that apartment vacancy in the Back Bay and Beacon Hill is down to 1.2 percent. According to that same report, the median price for rent in Boston hit $1,665 a month, and a two-bedroom apartment in the Back Bay is averaging $2,658 a month. From our perspective, those numbers even seem to be understated (we have not seen many two-bedroom apartments in that price range this year).
We are frequently asked why rents are so high and availability is so low. Based on our observations and the reports we’ve seen, there are a few main reasons. First, many would-be first-time homebuyers are not buying. They are continuing to rent due to concerns that home prices are still on the decline, there is uncertainty in the economy, etc. Second, though while not as prevalent in Boston as other areas, foreclosures have thrust former homeowners into renting. Finally, the population seems to be growing.
What does this all mean? Well, it’s a good time to be a landlord, for one. And if you’re not one now, it’s a great time to explore investment opportunities in residential property in Boston. It also means that it’s time to start thinking about owning, instead of renting.
If you are interested in discussing Boston real estate investment opportunities, call Eric Shabshelowitz at 617-896-5010 or email him at eric@cabotandcompany.com.
If you are currently renting but want to explore the possibility of buying, call Josh Medeiros at 617-896-5005 or email him at josh@cabotandcompany.com.
Tags: Boston High Rent, Boston Home Prices, Boston Homebuyers, Boston Real Estate market, Boston Rent Rates, Boston Residential Property
Posted in Back Bay, Back Bay Apartments, Back Bay Condos, Beacon Hill, Beacon Hill Apartments, Beacon Hill Condos, Boston Apartments, Boston Buyer Agent, Boston Buyer Broker, Boston Condos, Boston Homes, Boston Investments Property, Boston Luxury Condos, Boston Luxury Real Estate, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Real Estate Agent, Boston Real Estate Trends, Boston Realty, Fenway, Fenway Apartments, Fenway Condos, Financial District, Financial District Commercial Property, North End, North End Apartments, South End, South End Apartments, South End Condos, South End Neighborhood |
Friday, June 10th, 2011
Archstone Avenir is lovely luxury apartment building located near Boston's North End at 101 Canal Street.
Situated in an impressive location with restaurants, shops, rail transportation and many other great amenities, The Archstone Avenir is a beautiful Boston Luxury Building to behold. And did we mention it’s just a stone’s throw from The Garden or the countless Italian eateries in the North End?
The Archstone Avenir units are gorgeous living spaces ranging from luxury studios, one and two bedroom luxury apartments, and brilliant luxury lofts and flats. This amazing Boston apartment building, positioned in the historic Bulfinch Triangle, has breathtaking views of the Boston landscape. It’s built from high craftsmanship with designer architecture, giving it a unique mix of more than 70 floor plans to choose from.
The Archstone Avenir offers a little of something for everyone. Beautiful Brazilian cherry wood floors, high-end berber style carpeting, granite countertops, high end stainless steel appliances, designer lighting, washer and dryer, it’s got nothing but the best.
If you are interested in Archstone Avenir or it sounds like your kind of place to live, feel free to contact us at Cabot and Company. We would be glad to answer any questions you may have or help you find the right luxury home for you!
Beautiful kitchen interior of the Archstone Avenir luxury building with stainless steel appliances, granite counters, hardwood floors.
Tags: Boston Luxury Building, Featured Boston Luxury Listing, high end apartment in Boston, high quality, high rise, Luxury Building, luxury flat, luxury loft, luxury studios, luxury two bedroom, two bedroom
Posted in Boston Apartments, Boston Investments Property, Boston Luxury Condos, Boston Luxury Real Estate, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Realty, Featured Listing, North End, North End Apartments |
