0 April Fools: Corporate Edition

Boston mad men office design for april fools

Credit: The Boston Globe

April fools isn’t only for the water sprayer at the kitchen sink.  Some of the team at Endeavour Partners in Kendall Square were taken back when they arrived at their office on April 1st.

According to The Boston Globe, an elaborate April Fools’ Day prank was achieved by the office assistants and company chief executive Michael A.M. Davies; “more than a dozen computers and phones were replaced by typewriters, notepads, and rotary phones. Old records and copies of Life magazine were placed around the office, along with a bottle of whiskey for good measure…Neel Desai, an associate consultant, said the gag was indicative of the office culture at the company.”

You can read more about the ruse on The Boston Globe.

0 New Greenline Stops Bode Well for Cambridge Real Estate

map of the greenline extension project

Credit: Bostinno.Streetwise.co

The city of Boston is growing its daytime and nighttime population and with that comes infrastructure, who steps in?  The T.  Well yes, it has been discussed for years, but the Greenline is adding six stops in Cambridge, Somerville and Medford.  While some might argue that the Greenline is slow and clunky, yes it’s the old subway in the country, is still performs.  By adding these stops commuters will gain affordable timely access to the city.

Bostinno.Streetwise notes the MBTA’s Green Line Extension project or GLX, calls for “a total of six new Green Line stops added in Cambridge, Somerville and Medford, as well as the relocation of the existing Lechmere Station. One of those planned stops is Union Square – a location which is due to receive its own billion dollar makeover.”

For more info on the GLX, jump over to Bostinno.Streetwise.

0 Boston Real Estate: High Demand for Office and Lab Space

210 Broadway st in Cambridge

Two Cambridge Place

Boston continues to shine nationally due to our healthcare, education, finance, biotech and high-tech industries.  Blackstone, owners of Equity Office are shopping their remaining Class A office portfolio to perhaps one buyer, which will push office rent even higher as the new ownership justifies their investment.

Here are some relevant projections for the Boston office market, from nerej.com:

A few key neighborhoods and areas will see particularly high levels of growth this year. Although major areas like the Back Bay and the Financial District continue to provide the largest amount of market space, growth and many new lease transactions will be seen in other areas, which provide more opportunities for company relocation and for out-of-town businesses to take root…Kendall Sq. in Cambridge is currently red hot, both for offices and for lab space in medicine, high-tech, and more. In particular, Google is coming in to Kendall Sq. and will take up 300,000 s/f of office space. Google will leave its own large footprint, while making the area even more attractive for other tech companies.