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Meal Kits: The New Fast Food?

Wednesday, April 19, 2017

The battle against dinner rut has a relatively new weapon in the form of insulated cardboard boxes that arrive with pre-measured ingredients and an easy-to-follow recipe. Meal kits, or fresh food subscription services, have been all the rage for the last few years by promising busy households a gourmet-ish dinner on the table in under an hour and turning a so-so cook into feeling like a master chef. Now that two traditional retailers offer meal kits, home chefs have more options on the menu than they did before. Since emerging... [Read More]

Adaptive Reuse: Crafting a State-of-the-Art Ballpark from an Unused Train Station

Tuesday, March 28, 2017

Adaptive reuse is a way for commercial properties to find a new life, and they can be a win-win situation for developers and a community. This is the case for Minute Maid Park, the home of the Houston Astros Major League Baseball team. Through creative design and planning, Houston has a ballpark that is unlike any other. It gives a nod to its past while projecting success for the future, and adaptive reuse has made it into the iconic site that it is today. Long before the Astros were founded and even longer before Minute Maid Park was constructed, the plot of land in downtown Houston at 501 Crawford Street belonged to the Houston Belt and Terminal Railway Company. The company dedicated the opening of Union Station in 1911, and it served as the main passenger ... [Read More]

The Coveted Cambridge Address

Thursday, March 16, 2017

Real estate indicators from HFF Associate Gary Porter and Real Estate Analyst Connor Allen in HFF's Boston office. Recently, Cambridge has gained national prominence as a “must-have” market for tenants and investors alike, and the numbers bear it out. With an overall vacancy rate of just 3.6 percent as of year-end 2016 and an average Class A asking rent of $60.20 per square foot, Cambridge’s office sector is one of the nation’s hottest submarkets. Driven by the economic engine of Harvard University and Massachusetts Institute of... [Read More]

The Emergence of Innovation Districts

Tuesday, March 14, 2017

By Kimberly Steele, Digital Content/Public Relations Specialist Powered by the promise of good coffee and the idea that collaborative space fosters innovation, incubators, startups and accelerators have started grouping together in innovation districts, which are targeted urban areas specifically designed for innovation and entrepreneurship. This shift signifies that the sprawling suburban corporate campuses in Silicon Valley and the like that are geographically separated from urban centers no longer lead the innovation landscape, as they have done for more than half a century. Innovation districts are a... [Read More]

Tech Companies Respond to Housing Crisis

Tuesday, March 07, 2017

Booming job growth in certain areas of the country is changing multi-housing development. One example is Silicon Valley, where tech companies continue driving the region’s employment growth. While thousands of new jobs are added year-after-year, the housing supply is unable to keep pace with the demand. According to a San Francisco Chronicle report, Mountain View added more than 17,000 new jobs between 2012 and 2015, but only added 779 new housing units. In response, a new developer trend is emerging: Silicon Valley companies building housing for area employees. Facebook’s Anton Menlo Facebook started the housing development trend with its 2013 announcement of the Anton Menlo project, now nearing completion. The 394 multi-family units are within walking and biking distance of the company's Menlo Park headquarters. The development will offer studio apartments and one- to... [Read More]

Financing Creative Office Conversions

Tuesday, February 28, 2017

Real estate indicators from HFF Director Jordan Angel in HFF's San Francisco office and HFF Director Jeff Sause in HFF's Los Angeles office. As the creative office phenomena continues to spread throughout markets across the West Coast, we evaluate the lending trends developers are subject to when converting older buildings to creative office. Although creative office has been around for decades in various forms, the inventory has been increasing dramatically since the Great Recession. Starting with technology companies and spreading into more traditional... [Read More]

The Suburban Surge: Biotech Beyond Cambridge

Tuesday, February 21, 2017

Real Estate Indicators by HFF Associate Real Estate Analyst Robert Butler and Real Estate Analyst Tucker Burleigh in HFF's Boston office. This is Part Two in HFF's series on biotech in Boston. Click here to read the Part One. Boston is an international hub for research, particularly in the life science fields of biotechnology, genetics and pharmaceuticals. For a long time, the life science sector had been concentrated in two key submarkets: East Cambridge and the Longwood Medical Area. Driven by its proximity to MIT, East Cambridge has... [Read More]

Multi-Housing's Bright Future

Wednesday, February 15, 2017

Real Estate Indicators from HFF Managing Director Walter Coker and Director Brian Crivella in HFF's Washington, D.C. office. Another year has come and gone as multi-housing investors eagerly move into 2017. The last year will be remembered globally for unexpected market shocks and uncertainty following surprising voting results at the polls in both the U.S. and the U.K. The stock market began 2016 with a 10 percent drop in the first three weeks of the year, and many speculated if commercial real estate (CRE) ... [Read More]

Watertown’s East End: Where Boston Meets Cambridge

Wednesday, February 08, 2017

Real Estate Indicators from HFF Director Ben Sayles and Real Estate Analyst Sam Campbell  in HFF's Boston office. Long a blue collar suburb and industrial hub, Watertown has emerged as one of Boston’s most active areas for commercial real estate investment. Watertown’s success is largely driven by its location, bordered by demographically dense and affluent municipalities including Cambridge, Newton, Belmont, Brookline and Boston. As such, Watertown is proximate to MIT, Harvard, the teaching hospitals in Boston and the large life science users in East Cambridge. With ... [Read More]

Life Science Drives Boston’s CRE Market

Tuesday, January 31, 2017

Real Estate Indicators from HFF Director Ben Sayles and Real Estate Analyst Connor Allen in HFF's Boston office. This is Part One in HFF's series on biotech in Boston. Click here to read the Part Two. Greater Boston has emerged as one of the top biotech clusters in the United States, often outpacing markets such as San Francisco, San Diego, New York, Washington, D.C., Philadelphia and Research Triangle Park in terms of public and private investment as well as total employment and job growth. Perhaps nothing speaks to the strength... [Read More]

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