0 Jason Weissman Offers 2016 Economic Outlook

Jason Weissman BRA

Credit: Bisnow

Jason Weissman, founder of Boston Realty Advisors, gives the Biznow audience his economic outlook for 2016:

Last year, four out of five deals were by companies in industries that previously were only minor players downtown: life science, pharma and healthcare. Millennials accounted for about 75% of Boston’s population growth, Jason says. Look for office vacancy rates in Boston and Cambridge to drop by 200 bsp and rents to rise. Since 2010 in the popular East Cambridge and Seaport office markets, asking rates have jumped nearly 65%, he tells us. In the severely supply constrained luxury condo sector, the only major projects are Millennium Tower, One Dalton, 50 Liberty and Pier 4 (for which BRA’s Advisors Living is the marketing consultant).

You can read the full article on Bisnow.

0 Key Boston Office Developments in 2014

Brighton Landing New Balance Building

Credit: Bisnow

Our city continues to grow and change as evident by the following six projects in 2014. Bisnow selected its six transformative developments from 2014, noting “projects underway in 2014 brought amazing change, reviving tired districts and bringing new ones into the heart of the metro area.” It’s standouts are the following:

• Vertex Pharmaceuticals
• VanNess
• Troy Boston
• New Balance in Brighton Landing
• One Dalton
• Partners Healthcare