Category: Spotlight Content
What goes down will come back up - by Christopher Mellen
January 26, 2024
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 and industrial overview - by Kent White, Roger Dieker, Christian Stallkamp and ...
January 26, 2024
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
What does the restaurant industry look like in 2024? - by Dennis Serpone
January 26, 2024
Unless you’re housebound you’ll be crossing the threshold of a supermarket or a prepared food provider…be it a pizzeria, coffee shop, or full service restaurant. Whether you’re standing at a counter, scanning a billboard for what you want to eat or sitting down reviewing your
Despite uncertainties looming over multifamily sector, there is belief the market will maintain stab...
January 26, 2024
The multifamily sector has long been lauded as a reliable investment avenue, drawing interest from both developers and investors due to its resilience in the face of market fluctuations. Housing demand, a key driver for this sector, typically remains consistent regardless of economic cycles.
More certainty, lower rates and increased investment activity in 2024 - by Jeff Miller and Alan Doy...
January 26, 2024
Few of us, if any, in the commercial real estate (CRE) industry will miss 2023. And while we are optimistic about the prospects for 2024 it’s helpful to understand what led to 2023s sharp overall decline in acquisitions and financing activities and how much those factors persist heading into
For owners of fully-leased buildings looking to sell, demand remains steady for industrial investors...
January 26, 2024
In 2024, we expect that the supply of industrial buildings and spaces in the Rhode Island market will remain low, with vacancy rates that remain in the 1% to 2% range for “modern” industrial buildings.
2024 Year in Review: Michael Jacobs,
NAI Glickman Kovago & Jacobs
January 3, 2024
What noteworthy transactions or deals from this year best exemplified key market trends or shifts? The Lebanon Hill Apartment Complex, a 116-unit property at 39 Therese Ave., Southbridge, closed in November for $12.7 million. In early 2024, the multi-family sector
2023 Year in Review: Andrew West, Elkus Manfredi Architects
December 30, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? One continuing trend with huge impact on our industry is mixed-use, community-centered development – buildings and public spaces integrated into the fabric of neighborhoods
2023 Year in Review: Stacy Roman,
Chapman Construction/Design
December 29, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? Over the past few months, I have been working with the AGC BWiC Committee and Christy Murphy of The Vertex Companies to launch a podcast called “Behind the Facade.”
2023 Year in Review: Daniel Chauvin,
NSG Life Safety
December 29, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? The emergence of In-building (layer 1) Mass Notification systems in the educational use group has proven to be the largest opportunity in the Life Safety Industry.
2023 Year in Review: Edward Zuker,
Chestnut Hill Realty
December 29, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? Rent Control – to me it’s deja vu. I observed it coming in the 60s when our industry said “we have the State House under control”
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