BOSTON, Jan. 16, 2014 /NEWS.GNOM.ES/ — The industrial real estate market in Greater Boston continued its positive momentum through the final quarter of 2013, according to “indSTATus – Winter 2014,” a research publication from Transwestern | RBJ that highlights warehouse, flex and manufacturing properties. The industrial market capped 2013 with a four-quarter absorption total of 4 million square feet, the region’s highest amount since 2000. The overall market is riding an 11-quarter positive absorption streak, during which occupancy Continue reading >>>

BOSTON — A new report is estimating that Greater Boston will need another 435,000 new housing units by 2040 to lure new workers and accommodate an aging population. The report issued by the Metropolitan Area Planning Council (MAPC) said the new housing — mostly multifamily and in urban areas — is key to ensuring the economy will keep growing by drawing in talented younger workers. If current demographic and housing trends continue, according to the report, the region’s population will grow by less than 7 percent over the next three decades and be decidedly older. While the Continue reading >>>

Over the course of roughly the next two decades, the greater Boston area will have to race to create a vast amount of additional housing in order to handle an increasing population. Citing a Metropolitan Area Planning Council report, the Boston Globe concluded that the greater Boston area will need roughly 435,000 more housing units by 2040 with the "retiring baby boomer generation" and an "influx of younger workers" choosing to post in the City and surrounding communities. According to the Globe, the study included two scenarios: a "Status Quo" and a "Stronger Region." The "Status Quo" projects Continue reading >>>

Greater Boston is going to require about 435,000 new housing units by the year 2040 to accommodate the retiring baby boomer generation, as well as a needed influx of younger workers, according to a report by a state planning agency. The dramatic need for housing comes from information developed by the Metropolitan Area Planning Council, an agency that works with 101 cities and towns in the area to gather employment and population data. “Two out of five workers in Greater Boston will be retired by the year 2030,” the agency said in a statement, “so the region must attract younger workers from Continue reading >>>

It wants $1,479,999 for the 8-BR building as well as the 2,673-square-foot adjacent lot, which suggests development opportunities, no? The whole shebang last sold way back in August 1997 for $140,000. Interestingly enough, it was put on the market in February 2013 for $1,675,000, only to be taken off in June when its asking was $1,499,999. That means it has re-dropped for $20K less.
· Our Triple-Decker Thursday archive [Curbed Boston]

The good news is that builders took out permits for more than 12,000 new homes, condos and apartments across the state through the first ten months of 2013. About half were for single family homes, with other half for apartments and condos, U.S. Census Bureau stats show. That was a significant increase over 2012, when just under 8,200 new hosuing units were approved by cities and towns across Massachusetts. But here's the bad news. Those numbers represent residential construction across the entire state. And that is a far cry from the 15,000 to 20,000 new homes, apartments and condos Continue reading >>>

Isis, the upscale maternity and early parenting business for expectant mothers with classes on prenatal education, breastfeeding and sleep support, abruptly announced Tuesday night it is closing all of its locations in Greater Boston, as well as Atlanta and Dallas. “We are doing our very best — putting in 16 and 17 hour days to make sure we have a plan for as many clients as possible so their class experience doesn’t end even if it doesn’t take place [at an Isis center],” said Isis chief executive Heather Coughlin on Wednesday. “This is a tough environment for independent retailers. Continue reading >>>

The chamber added that it is also working to defeat two ballot initiatives, one that would repeal the indexing of the gas tax to inflation and another that would institute what the chamber calls government-mandated nurse staffing ratios in hospitals. According to the chamber, the nurse-staffing ballot question would drive up health care costs. “As we kick off the New Year, the chamber is focused on advancing a number of important policy issues that will strengthen our regional economy,” Paul Guzzi, the chamber’s president and chief executive, said in a statement. “Our 2014 agenda seeks Continue reading >>>

Wheaton College has taken aggressive steps to right-size its staffing since the recent recession. Craig Douglas Managing Editor, Online Research- Boston Business Journal Email  | Twitter Wheaton College may not rank among the most well-known or Continue reading >>>

The co-defending Greater Boston League champion Somerville girls basketball team celebrated its return to league play Friday with a 56-32 victory over Malden.

Melissa Baptista led the Highlanders (2-4) with 22 points, 11 rebounds and two blocks. Ella Tyler added 14 points, six rebounds and four 3-pointers.

The Highlanders will host GBL rival Cambridge Friday at 7 p.m.