Spotlights

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!

Appeals court reinstates failed restaurant’s elusive breach of implied covenant of good faith and fair dealing claim against commercial landlord - by Dave Viens

Every contract entered into in Massachusetts, be it a lease, construction or employment contract, is deemed under our law to contain the “implied covenant of good faith and fair dealing,” even though

Top ten 1031 tax-deferred exchange questions - by Brendan Greene

1. What is a 1031 tax-deferred exchange?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

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary

Is it getting better? Commercial real estate tends to move slowly - by Bill Pastuszek

In reviewing the year so far, what are some of the factors that are influencing markets? For commercial real estate (CRE), what are some signposts that may help to understand what is in the offing? How is New England doing compared to

Rates outlook: Expectations versus reality - by Jeffrey Muñoz

As we approach 2025, the commercial real estate (CRE) landscape is poised for a period of increased activity influenced heavily by the expectation interest rates will continue to decline. With the sales slump of 2023 behind us, 2024 has seen an uptick in sales activity. The Federal Reserve decreased the fed fund rate 50 basis

Buyers outnumber the sellers and prices need to be adjusted downward - by Earle Wason

I am an optimistic person therefore first with the good news. At this time of limited inventory, a number of hotels have sold where the motivation is based upon generational change. These owners usually have low debt, have been in ownership for significant periods of time

The challenges and secrets to purchasing industrial outdoor storage (IOS) property - by David Skinner

In these industrial market update columns, I have been opining of the merits and challenges of the recently formed product type of real estate that has been labeled, “IOS” – or for those of us who are not interested in

Navigating shifts: New Hampshire’s office market resilience amid national uncertainty - by Bob Rohrer

It is hard to find any publication with positive things to say about the commercial office market — and for good reason. COVID and post-COVID shifts in the workplace have solidified the work-from-home (WFH) model as more than just a

Each sector of the commercial real estate market holds its own opportunities and challenges - by Christina Rouse and Kevin Casey

The commercial real estate market in Rhode Island, and nationwide has been through quite the transition in the last 18 months and we are in for a dynamic year ahead, shaped both by national and regional factors and trends. A major catalyst is the Federal Reserve’s decision to lower their benchmark rate for the first time in four years,