At the beginning of last year, we expected 2019s commercial real estate market to remain strong, but face some challenges. Happily, 2019 proved us right! The commercial market is still facing challenges, including
Traditional shopping malls continue to face an uncertain future as they confront changing consumer trends and shrinking retail sales. Once the cornerstone of retail in New England, many communities in
For the first time in 10 years, the Greater Portland office market vacancy rate increased after steadily declining year after year. The Boulos Company conducted its annual survey of over 12 million s/f in almost
Historically the insurance marketplace was predictably cyclical. The markets went from hard to soft then back to hard again. Every 5 – 7 years the cycle repeated itself. Over the last 25
There may be many things to keep your attention in the news these days so many of you are not following what is happening in the building industry. My time is occupied with activities of the housing
Depending on your purview, the economy is stream-rolling along. The restaurant industry, with hundreds of thousands of food and liquor-related businesses, depending geographically where you are,
On January 9, 2020 at the Intercontinental Hotel in Boston, CBRE presented its 2020 market forecast. This article will feature the highlights of the standing room only presentation. The central theme
Predictions - we could talk about the economy, we could talk about being 10 years into an expansion and how nobody sees anything that really tells us otherwise. But everybody has been
“Roads… where we’re going, we don’t need roads.” This is what Dr. Emmett Brown said to Marty McFly in the movie “Back to the Future”
For the fourth year in a row I have the opportunity to consider the New Year’s forecast for the hospitality industry here in New England for 2020 for the New England Real Estate Journal. It is interesting
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