Warren Residential Group Blog – Boston Real Estate Blog

Even with the current economic environment, Menino and the BRA are looking forward on development, specifically along the corridor between the Back Bay and Theatre District along Stuart Street.  They have recently come out with new development guidelines in this area which would allow developers to go well above the height restrictions to over 400+ [...]

Local developer Raymond Properties has officially filed plans with the city to build two office towers.  The towers, 42 and 52 stories respectively, would have a glass exterior and from the rendering above, look quite interesting and unique.
The plans would require the demolition of the massive garage standing on the site right now.  The garage [...]

Foreclosures are all the rage in the media.  You hear about people losing their homes and complaining that they were duked into an adjustable rate mortgage that “they didn’t know would reset from 2% to 7%” almost every day in the news.  This ones a little different.
Earlier this month, Broadway Real Estate Partners LLC defaulted [...]

According to Boston.com, Commercial Real Estate volume in Boston is down 86.5% compared to 2007.  Comparing numbers side-by-side we only had $1.35 billion in property changing hands in 2008 compared to approximately $10 billion in 2007.  According to Cushman and Wakefield, available sublease space has nearly doubled to 900,000 sq. ft. from the Third to [...]