As the COVID-19 dust settles, one thing that all can agree on is that the pandemic shook us at our core. Countless businesses folded, employees lost their jobs, and families lost loved ones. The sense of doom and despair was real. It took a lot of positive thinking and perseverance for people and businesses
The New Hampshire office and industrial market are starting to level off from the impact of the pandemic. Over the last four quarters, the vacancy rate in the office sector has seen practically no change quarter-to-quarter. With deals being signed and little change in the overall office vacancy rate,
Well here we are. Many businesses are trying to determine how to navigate the current economic situation. “Economic outlook has dropped to historic lows, down 75% from a year ago as prices have increased about 8.6%” according to 2022 JPMorgan Chase & Co. Business Leaders Outlook Pulse survey.
Market Rents
We can see in this chart, that market rents have been accelerating rapidly for the past five years. Rates are at an average of...
The Greater Portland industrial vacancy rate has risen slightly in the last six months to 2.28%, up from a paltry 1.69% at the close of 2021. The Dunham Group is pleased to present our mid-year update to the annual Greater Portland Industrial Market Survey. The statistics as of July 1, 2022, continue
Beverly, MA Windover Construction completed the gut renovation and vertical expansion of the historic Cabot St. YMCA, to provide additional affordable housing to residents of the North Shore community. Windover partnered with the YMCA of the North Shore and SV Design for the project
As employers continue to review their return-to-office plans in the midst of the various COVID variants and ‘breakthrough’ infections, remote working and hybrid office models, owners and lessors of real estate need to also be reminded of the impact that ‘vacancy’ clauses can have
I am tempted, as a real estate soothsayer, to jump for joy when I look at prognostications in years past that I have posted right here in the
New England Real Estate Journal regarding the future of the industrial real estate market. You may ask, “David, why do you jump for joy?
In my article for the New England Real Estate Journal’s Mid-Year Review two years ago I ended by writing “I see huge pent-up demand for travelers once we do recover from the pandemic.” Yes, I was right about the pent-up demand and travelers inundated destination resorts throughout New England
Haverhill, MA Nordlund Associates have completed multiple deals in the North Shore region of the state. Nordlund completed the sale of 73 Ward Hill Ave. in Haverhill. The 17,876 s/f building on 1.68 acres was purchased by Cedar’s Mediterranean Foods, Inc.
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