COVID and The Continuance of Real Estate Angst. The 2020 shutdown took place nearly 5 years ago. While still fresh for many, dwelling on the impact of the pandemic obsessively doesn’t do much for the effects that are still with us, impacts driven by low interest rates and
How do you forecast what will happen in 2025? The questions that come up with the changes in Washington with a new president make any forecast potentially wrong. Will there be tariffs which up end the economy? Will the tax cuts be renewed? Will there
When Karen Dowell, my friend from the
New England Real Estate Journal, called me to write 2024
2025 Forecast Spotlight article, as usual, I reluctantly agreed. I believe in all my 50 years
Since the end of 2022 industrial vacancy rates have been increasing. However, a segment of the industrial real estate market that has fared well and even gained traction is the subsection of industrial asset class called industrial outdoor storage
Having sat on the board of directors for the Downtown Boston Business Improvement District, we are intimately aware of the social, financial and employee impact the COVID-19 pandemic has had on Boston’s commercial real estate district. Footfall
At the end of 2024, the New Hampshire industrial and office markets are showing signs of stabilization. While the industrial sector experienced rising vacancy rates earlier in the year due to new construction, those rates have gradually declined.
The seacoast’s commercial real estate market in 2024 re?ected a mix of challenges and opportunities across industrial and office sectors. Industrial vacancy rates rose slightly, offering relief for smaller users but leaving larger users with
The election of Donald Trump by over 50% of the population has set in motion a euphoria of the highest caliber. The stock market keeps breaking daily records, car sales are through the roof, waiting lines at high end restaurants are back and the
The industrial real estate sector in Rhode Island has demonstrated steady growth and relatively low vacancy rates over recent years and we expect the same as we look forward into 2025. With minimal new construction in sight this year, we expect
The Greater Springfield Industrial Market experienced steady sales and leasing activity through 2024. The first three quarters were filled with uncertainty due to the election and the uncertain direction of interest rates. 2024 concluded with optimism due to increased market activity and transactions.