Sales prices are going bananas. Warehouse listings are seeing bidding wars. Publicly traded companies willing to sign long-term leases at one time were able to use their credit and clout to run the tables when negotiating with landlords, but this is no longer the case. I was joking with a tenant representative
I know those who read this article are aware of the strange times we live. In my 49 years in the real estate business, I have never seen anything like it. The Jimmy Carter years were tough on our industry, long lines at the gas pumps; even or odd license plate determination of the days you could go to the pumps;
On January 24, 2022, the Supreme Judicial Court struck down a contractual limitation of liability provision as void against public policy. In H1 Lincoln, Inc. v. South Washington Street, LLC, et al., the SJC held that contract waiver does not preclude multiple damages under the Massachusetts consumer protection
Westfield, MA With nearly four decades of experience, Greg McIntyre has been elected as a new external member of Tighe & Bond, Inc.’s board of directors. McIntyre had a distinguished career as an executive at CH2M where he served on the board of directors,
We had been on an upward track in the building industry in March 2020 with business doing well, employment was growing, Boston was providing new opportunities and most of us were happy. Yes there were political issues nationwide, housing costs high and unaffordable for many and lots of workers in low paid jobs
Chicopee, MA MassDevelopment has issued a $9.5 million tax-exempt bond on behalf of The Food Bank of Western Massachusetts, Inc., which will use proceeds to build and equip a 63,000 s/f building at 25 Carew St. within the Chicopee River Business Park that will serve as The Food Bank’s new headquarters
COVID forced us to adjust, at horrible cost of over a million American lives and countless others across the globe, and, it’s not over. From the negatives, there are positives. The way we work and live evolved. We adjusted, in some case, creating new paths
As taxpayers across the country, including New England, continue to review their investment real estate portfolios, many often decide that participating in a 1031 exchange for tax deferral when selling and buying their real property is a beneficial action for them to take. However, sometimes the taxpayer’s plans
For Rhode Island, 2022 has big shoes to fill from what 2021 left it. 2021 ended with a bang, especially within the industrial sector. Some of the education segments such as the Charter Schools, have also been absorbing space at a fast pace. CBD office space is still lagging all other commercial real estate (CRE
Check out the New England Real Estate Journal's 2022 Industry Leaders Spotlight HERE!
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