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Data-driven analysis of Central Massachusetts commercial real estate. Research you can trust, insights you can act on.

Showing 1-9 of 67 articles (+1 featured)
How Much Does It Cost to Lease Commercial Space in Worcester?
Market Analysis
10 min read
Mar 11, 2026·Lornell Research Team

How Much Does It Cost to Lease Commercial Space in Worcester?

Fact-faithful rewrite; applied 3 slop fixes (sentence-case headings, appositive list, false-range opener).

Lease RatesWorcesterCommercial Leasing+4
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How to Read a Commercial Lease: Key Clauses Every Tenant Should Understand
Leasing Advisory
12 min read
Mar 11, 2026·Lornell Research Team

How to Read a Commercial Lease: Key Clauses Every Tenant Should Understand

A commercial lease is a 20-80 page legal document that controls your largest expense after payroll. Most tenants sign it without reading the clauses that cost them the most. I walk through every section that matters, from premises and rent to default, remedies, and personal guarantees, and I flag what to watch for.

Commercial LeasingTenant AdvisoryLease Review+3
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Tenant vs. Landlord Representation: What's the Difference and Why It Matters
Leasing Advisory
9 min read
Mar 11, 2026·Lornell Research Team

Tenant vs. Landlord Representation: What's the Difference and Why It Matters

In commercial real estate, the listing broker works for the landlord, not the tenant. Yet most tenants go looking for space without their own broker, negotiating against a professional who has a fiduciary duty to the other side of the table. Here is how both sides work, what each one owes you, and why a tenant rep costs you nothing.

Tenant RepresentationLandlord RepresentationCommercial Brokerage+3
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Subleasing Commercial Space in Massachusetts: A Complete Guide
Leasing Advisory
11 min read
Mar 11, 2026·Lornell Research Team

Subleasing Commercial Space in Massachusetts: A Complete Guide

Downsizing? Relocating? Sitting on more space than you use? Subleasing commercial space in Massachusetts is usually the way to claw back your lease costs, but the original lease runs the show and the landlord holds a veto. Here's how the law, the process, the pricing, and the traps actually work.

SubleasingCommercial LeasingTenant Advisory+3
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How to Negotiate a Commercial Lease Renewal: A Step-by-Step Guide
Leasing Advisory
10 min read
Mar 11, 2026·Lornell Research Team

How to Negotiate a Commercial Lease Renewal: A Step-by-Step Guide

Commercial lease renewals are some of the highest-stakes negotiations a tenant faces, yet most businesses start too late and without market data. This guide walks through the full renewal timeline, the negotiation tactics that work, and Worcester-specific benchmarks to help tenants land favorable terms.

Lease RenewalNegotiationTenant Strategy+3
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ADA Compliance for Commercial Properties: What Owners Must Know
Regulation
11 min read
Mar 11, 2026·Lornell Research Team

ADA Compliance for Commercial Properties: What Owners Must Know

ADA noncompliance is one of the most expensive and most avoidable liabilities I see in commercial real estate. This guide walks through Title III requirements, the Massachusetts 521 CMR standards, the violations that draw the most lawsuits, the readily achievable barrier removal standard, and the federal tax breaks that offset a lot of the cost.

ADA ComplianceAccessibilityRegulation+3
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Commercial Real Estate Closing Costs in 2026: Who Pays What
Investment Sales
11 min read
Mar 11, 2026·Lornell Research Team

Commercial Real Estate Closing Costs in 2026: Who Pays What

Closing costs on a commercial deal usually run 2-5% for buyers and 4-8% for sellers, but the real number depends on deal size, property type, and the Massachusetts transfer tax. Here is every line item, who pays it, and how to budget so nothing catches you at the table.

Closing CostsInvestment SalesDue Diligence+3
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How to Evaluate a Commercial Property Location: A Site Selection Framework
Market Analysis
12 min read
Mar 11, 2026·Lornell Research Team

How to Evaluate a Commercial Property Location: A Site Selection Framework

Location drives roughly 80% of a commercial property's long-term value, yet most people size it up on gut feel. Here's the framework I use: demographics, traffic, accessibility, visibility, competition, zoning, and growth signals, with Worcester examples for each.

Site SelectionLocation AnalysisMarket Analysis+4
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Navigating Multi-Stakeholder Commercial Real Estate Transactions: A Practical Guide
Investment Sales
9 min read
Mar 9, 2026·Todd Lornell

Navigating Multi-Stakeholder Commercial Real Estate Transactions: A Practical Guide

Partnership disputes, estate sales, trust dispositions, and deals with several decision-makers put layers of complexity on top of a commercial property sale. Here's how I get everyone to consensus and get the deal closed.

Investment SalesCommercial TransactionsPartnerships+2
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