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February
2012
17
February 17 - 23
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New England Daily News
Con
ta
ct Suffolk Construction for all of your construction needs - www.suffolkconstruction.com - (617) 445-3500
Westborough, MA
-Marcone of Marcone Capital, Inc. arranges $8.8 million financing for KS Partners
Contact NAI Hunneman for all of your brokerage needs - www.naihunneman.com - (617) 457-3400
Providence RI
-Anderson of CBRE|New England leases 135,908 s/f at Berkeley Investments 15 LaSalle Square in Providence
Contact NE Moves Mortgage LLC for all of your financial needs - sid.spiegel@nemoves.com - (781) 684-5712
Providence, RI
-Mitchell of MG Commercial leases 7,200 s/f office space to Swipely, Inc. at 39 Pike Street
Contact The Simon Cos. for all your management needs - www.simoncompanies.com - (781) 848-2500
Cambridge, MA
-Pressley Associates completes landscape renovation of Sherrill Plaza
Contact CBRE/New England for your appraisal and consulting needs - webster.collins@cbre-ne.com - (617) 912-7000
Wallingford, CT
-Gaucher and Hird of O,R&L Commercial broker 20,672 s/f $920,000 sale
Spotlight: Forecast
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(All links and email addresses are clickable)
♦ Presidential election year politics likely to impact tax laws unless Congress takes action
♦ 2012: What do "we" predict will happen in the job and capital markets and marketability risk
♦ Signs for improvement in the housing market are there, just not as strong as we would like
♦ Room for economic optimism as 2012 begins: Brokers showing space is an encouraging sign
♦ Town of Suffield seeks developer to create a dynamic, pedestrian-friendly town center
♦ Conn. Dept. of Energy and Environmental Protection discusses conceptual design for transformed cleanup program
♦ All indications are that 2012 will improve, with 2.4%-6% increase forecasted in construction spending
♦ Pursuit of value and quality favors Guaranteed Maximum Price (GMP) contracts
♦ It's a great time to build; costs are stable and competition intense at general contractor and subcontractor level
♦ Why use a commercial mortgage broker? To help maximize your loans dollars
♦ Of the Top 25 U.S. markets, 21 show positive RevPar growth in 2011, a positive trend to continue
♦ Insurance marketplace in 2012 The crystal ball says.... hard market or soft??
♦ 2011 Greater Portland commercial real estate market showed signs of stability and slow improvement
♦ 2012 commercial real estate forecast: Cloudy with a good chance of...
♦ Price is the number one reason properties do not sell whether we are in a boom or bust market
♦ 2012 should be another year of improvement as we adjust to changing supply and demand
♦ Tax abatements for problematic properties in the New Year
♦ Simply put, both tenant and lessor would benefit from being represented by a restaurant real estate broker
♦ Building moisture - it is not just a problem that exists in humid climates
♦ 2012 looks like it will follow the trend of previous years slow positive growth, which is not bad
♦ Forecast: Partly sunny with a chance of solar energy; high in the upper 60's
♦ Highs are not as high, and lows are not as low, but we are not immune to dramatic changes
HI-LIGHTS