Check out NEREJ's Industrial Spotlight!
We are now accepting nominations and reservations for our annual
Women in Construction Spotlight! Scheduled to publish in the March 29th NEREJ, this spotlight will showcase personal and professional achievements and industry insights from women across New England's A/E/C industry. Don't miss this chance to recognize someone from your firm.
Internal Revenue Code (IRC) Section 1031 allows a property owner, who holds property for “the productive use in a trade or business or for investment” to defer paying capital gains taxes if the property owner sells such property, identifies “like kind” property
The recently concluded year of 2023, was not one that would necessarily want to be relived. Nothing felt certain or right. Residential markets experienced weird dynamics and commercial real estate performed unevenly and unsatisfyingly.
We start the new year of 2024 with more optimism than the last year. Why is the reason? Most of the same issues our industry has been dealing with remain today much as they did last year but some of the pessimism of the economists is gone. Some interesting statistics are that in 10/22, 63% of economists
When Karen Dowell, our friend from the
New England Real Estate Journal, called me to write an article for the 2024 Forecast, as usual, I reluctantly agreed. I believe in all my 50 years as a Realtor this may be the craziest and most unpredictable period I can remember. I reread my 2023 Forecast
Every year, the memes on Instagram are the same thing in January. Each is some version of the bright-eyed and bushy-tailed young person in a car or on a beach or somewhere having a great time and clearly excited for what is about to come, side by side with someone who is in the same place, but the scene
Whether you’re in the business of buying, selling, leasing, managing, developing, or redeveloping property, you have a lot to oversee. With so many factors in play, an off-the-shelf approach to insurance will not protect you or your business should disaster strike. - by Spencer Macalaster
This will hopefully apply to the 2024 office market as this segment of the commercial market has been most demanding and will continue to be so through 2024. Nationally, the office market continued to have a challenging year with a gasping 19.2%, physical vacancy in the third quarter,
New Hampshire Office MarketIn 2023, the New Hampshire I-93/Rte. 3 office market remained stable but saw a slight increase in vacancy reporting at 8.4% and average asking lease rates at $15.36 per s/f NNN. As pre-COVID leases expired, some tenants are downsizing their office spaces, combining remote work with
