For the fourth year in review, I have the opportunity to consider the New Year Forecast for the hospitality business in New England. In reviewing my articles written in 2018 and 2019 I am proud to say that most of what was anticipated came to fruition. However, I missed big time for 2020.
If you want to know what is going to happen to industrial real estate in 2021, read this article. Just kidding. There have been a number of financial topics that would greatly impact the commercial real estate market surrounding the election, but nobody knows for sure what is going to happen.
As we enter the first quarter of 2021, our clients are asking us for our predictions regarding the overall insurance environment. Until 2018 the insurance marketplace saw significant inflows of capital, manageable loss experience and ample carrier surplus. As a consequence
On January 21st Peter Harrington, Malone Commercial Brokers, presented the “Greater Portland Retail Forecast” at the Maine Real Estate and Development Association’s (MEREDA) 2021 Virtual Forecast Conference. Below is a synopsis of his presentation. At the beginning of 2020, occupancy rates in New Hampshire’s office and industrial markets were solid – above 92%. The pandemic has shifted occupancy rates in both sectors, but in different ways. The office market remains unsettled as the state moves farther away from the initial pandemic
The global COVID-19 pandemic created many challenges for the commercial real estate industry. Many small and local businesses have closed or continue to hang on to the hope that business will resume to “normal”. “Essential” businesses have prospered in comparison
When thinking about what the restaurant industry will look like in 2021, the reality is that it’ll be years before “the days of old” will be back. Our new presidential administration, while it throws an additional $1,400 to every individual adult, it may be forcing a $15 minimum wage on all employers
What seems to be the longest year ever has come to an end! We have seen a lot change in a short span of time. Our new ways of interacting have brought forth challenges & opportunities in the business world. There is a booming economy on the horizon, but in the immediate markets
More than ever, Bob Dylan’s 1964 song “Times, They are a-Changin” best describes our current times. After almost a year of historic economic and personal loss, we finally see “the light at the end of this tunnel”. It’s truly amazing what companies such as Pizer
Case Study: The Point in Littleton, Mass. Signage plays a key role in showcasing your retail store’s brand image and drawing new customers into your door. It is important to develop a vibrant, fresh, and inviting
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