The MBTA Communities Act requires towns and cities that the Massachusetts Bay Transportation Authority serves to incorporate at least one reasonably sized zoning district that allows by-right development of at least 15 housing units per acre. Because the new law...
Commercial Real Estate
What to look for in commercial real estate
Investing in commercial real estate can be a lucrative venture that more and more people have turned to over the years to build their wealth. However, it's important to know what to look for to make a smart investment. Here are some key factors to consider when...
Does the self-storage industry have strong investment potential?
When you invest in commercial real estate in Massachusetts, you may do so in an effort to make as much money as possible while risking as little as possible. Some types of commercial real estate investment opportunities involve less risk than others, and one low-risk...
What might impact the commercial real estate market?
Real estate as a whole is a volatile industry. It can change from very good to horrible in a matter of weeks. The commercial real estate market, while different from the residential market, often changes due to the same factors that impact the overall industry....
How do you decide the square footage to rent?
Many business owners get to a point where the original office space they leased no longer fits their purposes or size. In that case, it is important to get a new space. However, it is equally important to maintain profitability margins by ensuring that you do not buy...
What are zoning laws?
Before purchasing or renting a commercial property, it is important that you consider the zoning laws of the area. Zoning categories have a big sway over many things regarding property, including activities that people can do within the buildings on said property. How...
Should you negotiate for exclusivity in your commercial lease?
When you are looking to open a new location for a startup or long-running business, it can be exciting when you find the perfect commercial property to suit your needs. It is important, however, to ensure that your commercial lease contains all the necessary clauses...
How do leases between residential and commercial properties differ?
When dealing with commercial real estate for the first time, it is easy to want to compare it to residential real estate. However, the leases that exist for these two separate types of properties differ in numerous and notable ways. The intent and duration of leases...
What factors impact vacant commercial properties?
Commercial real estate saw a decrease in recent years due to numerous factors like lifestyle changes and increases in remote work opportunities. Retail vacancies may continue to decline in the near future, as well. So what does that mean for people like you who may...
Should you buy or lease real estate?
Business owners looking for real estate in the area have several options to choose from. The first question to ask, however, is whether to buy or lease these properties. Due to the complex nature of commercial properties, it is important for a potential landowner to...