The retail market has certainly changed, or rather accelerated, its trajectory over the last two years! The COVID-19 pandemic, technological advancements, changes in the economy and other local, national & global events have collectively significantly affected the retail industry – for better or worse.
We know spring is coming. But as I sit here on a sunny, but cold, morning it is still winter. So that leaves us with anticipation. The commercial real estate (CRE) sector has anticipation, along with some anxiety. Inflation, of and by itself, is not always the worst thing for CRE (think rising rents), but after so many years
After the roller coaster that was 2020 (remember the Great Pause of March/April 2020?!), we settled into a more traditional industrial sector experience in 2021. That is to say, it was nuts. Our decade run of increasing demand and decreasing supply continued and we see no signs of material change in the coming year.
Labor shortages, rising prices, and regulatory delays. No sector of the economy seems to be immune to these problems, although the construction sector seems to be among the hardest hit. “When will things return to normal” is no longer the question – the new normal is all around us. Although these problems may
Westbrook, ME The owners of the $600 million, 110-acre Rock Row development, Waterstone Properties, have acquired control of an additional 17 acres of developable parcels adjacent to Rock Row. The sale price was not revealed. The two sites to be developed by Waterstone are:
Goffstown, NH Marcus & Millichap brokered the sale of Goffstown Back Rd. Self-Storage, a 65,700 s/f facility, according to Grant Fitzgerald, regional manager of the firm’s Columbus office. The sale price was not disclosed.
We appreciate what the design community is trying to say when they refer to embodied carbon. Insofar as they are referring to buildings reliant primarily on concrete and steel, which mostly involve disembodied carbon lost to the atmosphere in the high-energy manufacture of metals, or when stone is broken or crushed.
Rochester, NH Brady Capital Advisors, LLC (BCA) arranged and facilitated $13.8 million financing for Country Brook Estates Apartments, a 96-unit, garden-style, multifamily property on 63 acres located at 68 Hemingway Dr. for a closing that took place on January 7.
Pembroke, NH Tinkham Realty, Inc. completed the sale of 231 Mass Rd. The sale consists of a five unit mobile home park, a Cape-style home and 50 acres with 2,100 ft. on the Suncook River, zoned residential.
As we all pretty well know, industrial markets – by that, including warehousing, logistics, etc. – have been the darling property sector during COVID-19. CBRE’s 2020 Market Overview noted that “the U.S. industrial market will see some dramatic shifts in 2020. Absorption gains will be difficult to achieve and some overhand
