Who could have come close to predicting 2020? 2021 will certainly be a tough call, but here are my predictions: By the end of the year, rents will be up and vacancies down for warehousing, suburban apartments, and lab space. Lower rents and higher vacancies for retail, hotel, and downtown office. With no
The following OpEd appeared in the July 10 2020 edition of the Boston Business Journal. Five years ago, a vicious winter storm season brought to light the reality that the MBTA was in crisis, something that its ridership knew, all too well. As a result, Governor Charlie Baker established a special panel to look into
The following OpEd ran in the March 20, 2020 Boston Business Journal: Although we are not currently in a recession, other countries hard hit by the impacts of the COVID-19 coronavirus are entering into recession. In any case, the likelihood of a national and local economic slowdown due to the effects of this national emergency
My predictions for 2019 were not good enough for me to provide them here for review (although, I did call for Tiger Woods to win a major!) So, for 2020, I see the following: Office rent growth will slow in Boston’s suburban markets, but continue to accelerate for industrial properties. Life Sciences will lease
Column appearing in the Boston Business Journal July 3, 2019 The one thing that every commuter complains about is the time they spend in traffic. “If only those drivers around us would get off the roads, we would have a clear shot into work.” There are many opinions about how to alleviate this curse on
Column appearing in the Boston Business Journal May 10, 2019 The exceptional pool of skilled workers living here is what attracts local, national and foreign employers to Massachusetts. As long as we have a sufficient supply of this key talent, growing companies will continue to expand their operations in the Commonwealth. But what happens when
Everyone talks about the weather, but no one does anything about it! The same goes for congestion. Until now! Greater Boston has been experiencing one of the greatest booms in job creation, along with record housing and commercial development. However, the price we all have to pay for this is the traffic congestion that comes
A study commissioned by the non-partisan economic development organization, MassEcon, and conducted by the UMass Donahue Institute‘s Economic and Public Policy Research group, was recently released. The good news is that the vast majority of companies that chose Massachusetts as a place to expand their business would do it again. This consensus was largely based on Massachusetts’ innovative