Appraisal deals with the dynamism of markets. The principle of change is a fundamental appraisal concept. Appraisers operate in markets that are constantly shifting, often in very nuanced ways. Appraisers are careful, in general, to not adopt sledgehammer approaches to their work but, in doing so, often don’t take advantage of many resources and techniques that are more
The Greater Portland office market remained relatively stable in 2024 compared to 2023 in terms of deal volume, total square footage leased, and overall vacancy. However, the market continues to trend downward compared to pre-pandemic levels. Since 2018, deal volume has declined by 30%, square footage leased is down 23%, and
For the seven years I have been writing for the
New England Real Estate Journal, I have attributed the strength and growth of industrial real estate in New England to the following three trends: 1) the growth of innovation companies from the universities in Boston to the outer suburbs as companies grow, 2) the boom
While much of New England wrestles with affordability, regulatory drag, and post-pandemic uncertainty, New Hampshire has quietly emerged as one of the region’s most resilient and business-friendly commercial real estate (CRE) markets. Its appeal lies in a compelling mix of tax advantages, strategic geography,
Check out NEREJ's April 2025 Semi-Annual Commercial Real Estate Guide!
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The New England Real Estate Journal is now accepting nominations for our annual “Ones to Watch – RISING STARS” spotlight, publishing May 23rd in the New England Real Estate Journal.
A 1031 tax-deferred exchange is a method allowed by Internal Revenue Code (IRC) §1031, whereby an owner of certain investment or business property may defer paying capital gains taxes on the sale of such property if the owner acquires “like kind” property within a certain period
Appraisers and the appraisal profession have typically operated in crisis or near-crisis conditions. The profession emerged from the Great Depression (that’s the one in the 1930s) and has survived numerous other “bad times,” such as the Savings and Loan Meltdown and subsequent commercial
As the city of Boston slowly shakes off the remnants of winter, a sense of renewal begins to emerge. While the sidewalks may still bear the traces of snow and the trees remain bare, the promise of warmer weather brings a collective sigh of relief to the building industry. Construction teams can finally
In the realm of building maintenance, advancements in LED technology are proving to be transformative, extending far beyond simple illumination. In this
Ask the Electrician column, we’ll discuss how LED fixtures streamline building maintenance and even enhance indoor air quality, exploring
