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Marcus & Millichap brokers sale of a 25,000 s/f office building in Ocean Township, NJ
January 20, 2023
Ocean Township, NJ Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has completed the sale of Ansell Grimm Office Building, a 25,000 s/f property
Grow Associates has created a Sensory Room to benefit the people we serve, adults with developmental...
January 27, 2023
Randolph, MA Sensory rooms provide a soothing space that helps individuals calm down by stimulating their senses in various ways. Sensory rooms started in the 1970s in the Netherlands, and were originally called “Snoezelen rooms.” These rooms were designed
What role does signage play in opening up your new retail destination - by Richard Poyant
January 27, 2023
Signage plays a key role in showcasing your retail store’s brand image and drawing new customers into your door. It is important to develop a vibrant, fresh, and inviting branding package to let shoppers know you are open for business. Signs can be a major indicator to prospective customers that a new and exciting retail destination is opening in their area.
The future of security is here and ever evolving - by Daniel Sarno
January 27, 2023
In the security industry, change is constant. As threats to safety evolve, so do the strategies and technologies used to combat them. This is especially true when it comes to video surveillance. For years, security guards have been the first line of defense against potential threats.
Demand is high and supply remains low - by Julie Freshman, George Paskalis and Mike Giuttari
January 27, 2023
In 2023, we expect that the supply of industrial buildings and spaces in the Rhode Island market will remain low, with vacancy rates that remain in the 1% to 2% range for “modern” industrial buildings. The demand for industrial space continues to come from the logistics, medical supply, public storage and direct to consumer sectors,
A look ahead. Loan originations will remain strong, yet less robust than last year - by Alan Doyle
January 27, 2023
Categorizing last year’s commercial mortgage loan originations as “strong” would qualify as a gross understatement. More appropriate, certainly, would be the term “record setting,” as lenders surpassed their 2021 loan-origination goals by a margin of 25%-50%.
KW Elite Commercial Realty commercial market report for 2023 - by Mike Alves
January 27, 2023
Following a pandemic-fueled course correction, the global real estate industry faces transformational shifts in how buildings will be used, valued, and transacted in 2023 and beyond
Adjusting to the new normal. “Put it on my card” - by Dennis Serpone
January 27, 2023
Before we anticipate what 2023 will look like, let’s thank our legislators for finally recognizing that small businesses, food and beverage, and entertainment drive our economy. The state Senate passed a bill that could pave the way for Happy Hour to return, there are a few things that lawmakers will have to work out.
Cushman & Wakefield research shows U.S. retail vacancy reaches new low in Q4 2022
January 27, 2023
Boston, MA Retail shopping center real estate markets remained strong in the fourth quarter of 2022, as resilient demand drove shopping center vacancy to its lowest level on record—dating back to 2007 according the Cushman & Wakefield research.
New Hampshire Seacoast market overview - by Caitlin Burke
January 27, 2023
In 2022, the New Hampshire Seacoast industrial market remained strong, with vacancy and pricing rates largely unchanged from the previous year. Demand in the industrial sector stayed robust, with vacancy rates hovering around 2%, though asking lease rates stabilized after a notable jump from 2020 to 2021.
Waldman Associates finalizes leases with two tenants at the Walpole Mall
January 27, 2023
Walpole, MA Dan Waldman of Waldman Associates said that the Walpole Mall has added Duck Donuts, a popular southern donut shop, to its tenant roster.
Property valuation due to inflation for real estate portfolios - by Spencer Macalaster
January 27, 2023
Many real estate property owners often think they insure the building for what they paid for it or what the current resale market value might be. This however, does not take into consideration what would happen in the event of an insured property loss that requires rebuilding
Ciluzzi of Premier Commercial chosen to represent the sale of 321 Commercial St. - The Lobster Pot
January 27, 2023
Provincetown, MA John Ciluzzi, president of Premier Commercial, of Centerville, has been retained to market and sell the property located at 321 Commercial St., known as The Lobster Pot.
A development in development - by David Skinner
January 27, 2023
There is a different tone in the industrial world, specifically in the development. You could say, there have been some developments in development. These developments include markets like Boston, but also formerly secondary and tertiary markets like Southern New Hampshire, Providence, R.I., Central and Western Mass.
Brovitz Community Planning & Design to develop rezoning for Burlington, MA
January 27, 2023
Burlington, Ma Burlington is advancing the development of a regulatory framework for the area’s largest commercial district.
Staffing and housing continue to be a problem in all New England hospitality properties - by Earle W...
January 27, 2023
Looking back at the year 2022, again my firm, Wason Associates, had one of our best years in hotel brokerage transactions and dollar volume. As we head into the new year, we have some really exceptional hotel properties under agreement to close in the next few months.
Marr of Keliher R.E. leases 1,500 s/f to Union Park Pizza
January 27, 2023
Boston, MA Doug Marr of Keliher Real Estate has leased 1,500 s/f to Union Park Pizza of the South End to an additional second location at 244 Newbury St. in the Back Bay.
Cautiously optimistic for 2023 despite economic headwinds - by Dylan Cruess
January 27, 2023
Forecasting the future is always difficult, but trying to predict how the real estate, construction, and engineering industries will perform in 2023 seems like a coin flip. On the negative side, there are many economic headwinds, including inflation, rising interest rates, supply chain delays,
Stevens of Press|Cuozzo brokers sale of 4,600 s/f restaurant facility
January 27, 2023
Durham, CT Renee Stevens of Press|Cuozzo Commercial Services has completed the sale of 100 New Haven Rd. This fully equipped 4,600 s/f restaurant facility, set on 1.89 acres was sold to Hard Hat Tavern, LLC.
There are many aspects to our real estate industry and each has its ups and downs - by David O'Sulli...
January 27, 2023
We are now at the end of January and we have listened to all the year end best of for 2022. We have also heard many predictions for the year to come. But what is actually the state of the real estate industry? There are many aspects to our industry and each has its ups and downs.