According to the International Council of Shopping Centers (ICSC), a strip center is an “[a]ttached row of stores or service outlets managed as a coherent retail entity, with on-site parking usually located in front of the stores. Open canopies may … Continue reading →
Healthcare real estate transaction volume hit a record high in 2022 with approximately $26 billion invested into the sector, according to a JLL healthcare survey. At 58 percent, medical office buildings comprised the largest portion of healthcare real estate investment … Continue reading →
CRE analytics firm Green Street reports that its Commercial Property Price Index declined by 3.7 percent in June. Among its sector-level indexes, “Strip Retail” and “Net Lease” showed the biggest declines (-7 percent) over the past month, whereas the “Health … Continue reading →
According to a study published in The Lancet, about fifty percent of the global production of face masks is in China, which has a production capability of around 20 million face masks per day. MarketWatch reports that the global face … Continue reading →
On June 24, the White House issued an executive order aimed at improving price transparency in health care. The order directs the Secretary of Health and Human Services to propose regulation to require hospitals to publicly post standard charge information, … Continue reading →
The total inventory of retail space in Eastern Massachusetts remained relatively flat between 2018 and 2019 with only a modest decrease of 0.2 percent (resulting from demolitions and re-purposing of space) to 195,979,300sf, according to the 2019 KeyPoint Report for … Continue reading →
The Baumol Effect is the rise in production/labor costs in industries that have experienced little or no gain in productivity over time because they cannot economize on labor so easily in the face of rising wages (i.e. education, the performing … Continue reading →
The average price of glasses purchased in the U.S. is in the hundreds – $238 for frames, $113 for lenses and $201 for an eye exam, according to CNBC (citing data from VSP Vision Care). A possible reason for the … Continue reading →
CVS Health plans to buy Aetna for $69 billion, according to The New York Times. The $207/share purchase will include $145/share in cash and the remainder in newly issued CVS stock. Therefore if you are searching for the anti-impotency solution … Continue reading →
Clinical-stage biopharmaceutical company Novavax, Inc. has signed a lease to occupy Alexandria Technology Center – a 147,051sf Class A flex R&D building located in Gaithersburg, MD. The initial lease term is 13 years with a starting rent rate of $22.25/sf. … Continue reading →