Heading into the last quarter of 2022, the industrial market in Rhode Island continues to remain strong with activity on both the leasing and sale sides. On the sale side, there has been greater activity from investors/developers than from owners/users. The Rhode Island market continues to exhibit
I found it enlightening to focus on the health of the restaurant and hospitality market in New England. To describe its health in one word, most in the know would agree that it is tepid. The
Nation’s Restaurant News (NRN) reports that the restaurant industry remains about 500,000 employees
Jaffrey, NH Millipore Sigma, a division of MERCK, is expanding their facilities at Drumlin Industrial Park, 81 Fitzgerald Dr. by 23,000 s/f of warehouse and office space. Millipore Sigma has been a tenant at the property for four years occupying nearly 40,000 s/f. Due to
Haverhill, MA Dacon Corp. has completed construction on a 135,000 s/f facility for Monogram Foods, a leading manufacturer of value-added food products for their new location in Creek Brook Park. Founded in 2004, the Memphis-based Monogram has experienced a 620% sales rate increase
The New Hampshire industrial market remains an attractive market for investors, with vacancy rates stabilizing and rental rates climbing over the last couple of years. Moving forward, will investors continue to be attracted to N.H. properties as interest rates climb? Over the last quarter, the trend
Many real estate property owners often think they should insure the building for what they paid for it or what the current 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 to the original
This week we had a company-wide sales meeting where we review trends, listings, requirements, caution signs, economic signs, and, most importantly, the opportunities afforded those who use their minds. Those who use their minds to discern the signs of the times and then consider the implications on
Westerly, RI Washington Trust’s commercial real estate group provided a $5.76 million commercial mortgage to Granite SS, LLC, an affiliated entity of The Storage Investment Group, LLC of Wayne, Penn., to finance the purchase of an existing 367-unit self-storage facility.
Boston, MA Women in Commercial Real Estate spotlight recognizes the outstanding women from New England's commercial real estate industry and offers our readers key insights on their personal and professional achievements. Read more here!
Most people don’t realize 75% of all small business is food and liquor related, and like politics, trends in the hospitality industry begin locally. We elect officials locally but their effect is felt nationally. We look at the restaurant industry locally but it doesn’t represent the industry at the
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