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October 19, 2021

Holiday Scramble Spurs UPS, USPS To New Warehouse Leases Around Boston

New Speaker: Bozzuto Management Co.'s Nancy Goldsmith talks North Quincy Multifamily project Nov. 4

The entities that do Santa's dirty work are beefing up their warehouse networks around Boston in anticipation of a brutal holiday season.

Holiday Scramble Spurs UPS, USPS To New Warehouse Leases Around Boston

UPS and the United States Postal Service are among the warehouse users trying to mitigate massive supply chain delays in anticipation of a holiday rush of online shopping, all while there is unprecedented demand for industrial space in Greater Boston.The Postal Service over the summer signed a 210K SF warehouse…

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FoxRock Pays $44M For Its First Downtown Building In Boston's Financial District

FoxRock Pays $44M For Its First Downtown Building In Boston's Financial District

A growing South Shore developer has claimed its stake in the Boston office market with a $43.5M purchase of a Financial District building.FoxRock bought the 77K SF 176 Federal St. from a holding company controlled by Samer Khanachet, the chief operating officer of Kuwait Projects…

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Labs Are Getting Smaller, Smarter And Forcing Landlords To Pivot Quickly

Downsizing, automation and outsourcing are usually assumed to have the most drastic effects on lower-wage and lower-skilled workers. But these forces have impacted the most high-tech life sciences labs in the nation, and many in the industry already see how biotech and lab space development and operations are shifting as a result. 

Labs Are Getting Smaller, Smarter And Forcing Landlords To Pivot Quickly

“Outsourcing, robotization, miniaturization, all the same trends are impacting every business, even ours,” said Lab Launch CEO Llewellyn Cox, a former scientist whose firm has developed a pair of incubation and postgraduate lab spaces in Los Angeles. “Companies are looking for smaller spaces. Even five to 10 years ago,…

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Fixing What Ails The E-Commerce Supply Chain 'Like Turning An Aircraft Carrier'

Fixing What Ails The E-Commerce Supply Chain 'Like Turning An Aircraft Carrier'  

For more than a year, companies have been racing to lease more and more warehouse space across the U.S. as they build out their logistical supply networks in the face of surging e-commerce demand.

But the coronavirus pandemic has shown a weakness in that strategy: The systemic issues plaguing the shipping industry today stem from a critical shortage of workers facing many industries, a shortage that diminishes shipping and trucking capacity at a time when retailers are racing to get the product on store shelves and to consumers’ front porches.

It's a problem that won't be solved by Christmas. “Fixing this holiday, it's literally like turning an aircraft carrier. I mean, what can you really do at this juncture?” said Adam Roth, the director of the commercial real estate brokerage firm >

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