Comparing residential and commercial real estate to each other is like the proverbial apples-to-oranges comparison: They’re not quite the same.
But there are similarities between the two that reflect overall market conditions, just as both apples and oranges require water and sunshine to grow.
So it’s encouraging to see that the planned sale of the One Brigham Circle office-and-retail complex, in the Longwood Medical Area, is seen as a beginning of a potential turnaround in the local commercial market.
If so, it tends to confirm what we’ve being seeing on the housing front in the Boston area.
File under: Good news.