Archive for the ‘Boston Real Estate’ Category

Commercial Update – Boston Retail Market Report: Q3 2011

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.

 

Boston Investment Property – Skip The Stock Market And Buy Boston Condos!

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!

Boston condo for sale in the Back Bay

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

 

 

 

Boston condo for sale in the Back Bay

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.

Boston Commercial Real Estate Report – Q3 2011

Thursday, November 17th, 2011

 

Boston's financial district seen from the harbor

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.

Back Bay Penthouse OPEN HOUSE THIS WEEKEND

Friday, November 4th, 2011

Tour this Back Bay Penthouse on Commonwealth Avenue this Sunday, November 6th from 12pm-1pm!

337 Commonwealth Ave Penthouse Living Room

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!

337 Commonwealth Ave Penthouse Master Bedroom

Master Bedroom en Suite

337 Commonwealth Ave Penthouse Views and Deck

Views and Deck

337 Commonwealth Ave Penthouse Kitchen

Kitchen with Island

337 Commonwealth Ave second bedroom

Second Bedroom

 

GREAT PRICE ON THIS LOWER MARLBOROUGH 2 BEDROOM!

Friday, October 28th, 2011

Gorgeous Back Bay Townhouse-Style Condo for Sale

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.106 Marlboro St Boston MA | Back Bay Condo for sale

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.

Featured Back Bay Penthouse for Sale – 337 Commonwealth Avenue

Monday, October 10th, 2011
337 Commonwealth Ave Penthouse Views and Deck

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!

337 Commonwealth Ave Penthouse Kitchen

Kitchen with Island

337 Commonwealth Ave Penthouse Living Room

Open Concept Living & Entertaining

337 Commonwealth Ave Penthouse Master Bedroom

Master Bedroom en Suite

Girl from Ipanema on Beacon Street

Friday, September 30th, 2011

Back Bay Mansion Open House a Hit!

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!

 

Cabot & Company's Natalija Pavlovic singing at Back Bay Open House

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!


Back Bay Mansion Beacon Street for sale- kitchen

410 Beacon Street Kitchen

Back Bay Mansion Beacon Street for sale- foyer

410 Beacon Street Foyer

Back Bay Mansion Beacon Street for sale- windows

410 Beacon Street Windows

410 Beacon Street - Skyline Views

410 Beacon Street Views

 

 

 

Featured Listing: 505 Tremont St, #402-03

Thursday, September 22nd, 2011
Wide-open space master bedroom suite in Back Bay luxury condo

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.

Elegant luxury living room in the Back Bay luxury condo

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

Featured Listing: 6 Whittier Place #8D – Boston, MA

Monday, September 19th, 2011

Spacious living room in Boston Luxury Condo located in West End NeighborhoodThis week’s featured listing is a luxury condo in the West End neighborhood of Boston at 6 Whittier Place, unit #8D.  It has excellent views of some of the most iconic landmarks of boston, including the Charles River and Zakim Bridge.  It houses two open-space bedrooms, two bathrooms in a amazing spacious concept floorplan.  The Kitchen includes a breakfast bar. The bathrooms feature beautiful marble and the living and dining area provide open comfort.  Located just minutes away from Beacon Hill, the neighborhood provides plenty of amenities and excitement in one of the best areas to be in Boston.  The building itself includes 24-hour concierge in the lobby, access to Club at Charles River Park for fitness and fun, and it also offers extra storage and garage parking.

If you are interested in 6 Whittier Pl, #8D Condo in Boston’s West End neighborhood and would like more information, please contact Josh Medeiros at 617-896-5005 today!

Lovely kitchen with state-of-the-art appliances in the Boston luxury Condo located in the West End Neighborhood.

Featured Listing: One Back Bay Luxury Building

Thursday, September 15th, 2011
Luxury Back Bay One Building in Boston MA

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.