As Rhode Island heads into the 2nd half of 2023, we see: 1) A definite slowdown in the office sector, whether CBD space or suburban space; 2) An increase in sub-lease office space; 3) Continuing demand for industrial space with a complete lack of any useful inventory for this market; and 4) Proposed industrial is all large (250,000+ s/f space) for this market.
Check out New England Real Estate Journal's Ones to Watching Rising Stars Spotlight here!
Did you know that when your insurer agrees to defend you in litigation, but reserves the right to disclaim coverage, you have the right to hire your own attorney – and your insurer pays those legal bills?
Champion Elevator’s New England expansion has been a roaring success for property owners and managers, providing them with an outstanding alternative to OEM companies. With the warehouses and operations centers in Shelton, Connecticut and Nyack, New York, Champion offers rapid services to clients at unbeatable prices.
When you look at the overall office market in Greater Portland for 2022, the sector was in transition. Another year removed from COVID, and another year, where we still do not believe we have seen the last of its impacts. Firms are still trying to determine how many of their employees will be returning to the office and therefore how much space they will need. Some firms are planning for 40 – 50% of their FTE to be
There are so many topics that effect industrial real estate in April 2023. My article today will consist of two parts. Part 1 will exhibit my general theory of landlord vs. tenant relationships and how they drive the commercial real estate marketplace. Part 2 will share my understanding of what this means for us in today’s world.
My career in the commercial real estate industry has spanned a little over three decades, during that time I’ve witnessed three significant market corrections. Those include; the 1989-1991 downturn due to the S&L & Banking Crisis, 2000/2001 High-Tech Bubble and the 2008/2009 Great Recession.
Weymouth, MA DJSA Architecture PC, a full-service architectural firm specializing in commercial and corporate design, is the architect for an adaptive reuse project at 125 Broad St., the site of the former Colonial Adult Day Care Health Center. DJSA was selected by multi-disciplinary real
Hanover, MA Perseverance is paying off! In 2016 PREP Property Group purchased the Hanover Mall with a vision of redeveloping it into a vibrant, relevant mixed-use center that caters to the town and the surrounding area’s shopping and entertainment needs.
Pembroke, MA Continuing to build on its foundation of “Building relationships one project at a time,” Acella Construction Corporation has reached a 20
th anniversary milestone this year, marking two decades since David Dirubbo founded the company known today as a leader in construction management throughout greater Boston.
