Category: Spotlight Content

Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and...

September 1, 2023
The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units. 
MassDevelopment issues $4m tax-exempt bond on behalf of Danvers Community YMCA to be used for renovations

MassDevelopment issues $4m tax-exempt bond on behalf of Danvers Community YMCA to be used for renova...

August 25, 2023
Danvers, MA MassDevelopment has issued a $4 million tax-exempt bond on behalf of Danvers Community YMCA, which will use proceeds to renovate a portion of its facility at 34 Pickering St. Renovations to the building, which was built in 1950, will include enhancing its child care facility;
Pioneer Charter purchases Peabody/Danvers development sites for $3.3 million - brokered by Nohrden of Burgess Properties, LLC

Pioneer Charter purchases Peabody/Danvers development sites for $3.3 million - brokered by Nohrden o...

August 25, 2023
Peabody, MA Burgess Properties, LLC, one of Greater Boston’s premier suburban commercial brokerage firms, has brokered the sale of land parcels at 67 Pulaski St. in Peabody and 175 Water St. in Danvers
The southern New Hampshire industrial market showing signs of late cycle activity - by Michael Harrington

The southern New Hampshire industrial market showing signs of late cycle activity - by Michael Harri...

August 25, 2023
As one might expect, the Southern New Hampshire Industrial Market is not immune from the effects of national macro-economic conditions. Increases in interest rates, low unemployment and increasing construction costs have a dampening effect on growth and 2023 might be the pivot point from which our resilient industrial market
Navigating conversations and industrial real estate: Unveiling the intricacies with a dash of dad jokes - by David Skinner

Navigating conversations and industrial real estate: Unveiling the intricacies with a dash of dad jo...

August 25, 2023
Here are a few of my favorite topics of conversation: politics, religion, money, and relationships. Other than a below average level of social capability, why do you suppose that those are some of my favorite conversation pieces? Well, I believe that there is a fascinating truth hidden within these realms
Entrepreneurship: Risk or reward - by Dennis Serpone

Entrepreneurship: Risk or reward - by Dennis Serpone

August 25, 2023
In today’s economic climate, combined with the estimates of ‘people in the know’, 2024 and 2025 are going to be financially stressful years. Oil is anticipated to go back well over the $100/barrel figure to as high as $300/barrel due to the still charging inflation that is expected
Navigating current trends and future outlooks in commercial property management in Boston - by ChatGPT

Navigating current trends and future outlooks in commercial property management in Boston - by ChatG...

August 25, 2023
As Boston, Mass. continues to evolve as a hub of innovation and economic growth, the commercial property management landscape is witnessing significant shifts that are shaping the industry’s present and future. From the integration of smart technologies to the growing emphasis on sustainability,
Nominate someone for the 2023 Women in CRE Spotlight TODAY!

Nominate someone for the 2023 Women in CRE Spotlight TODAY!

August 11, 2023
We are now accepting nominations and reservations for our annual WOMEN IN COMMERCIAL REAL ESTATE Spotlight! Being published in our September 29th issue, NEREJ will once again be recognizing the outstanding women from New England's commercial real estate industry and offering our readers key insights on their personal and professional achievements.
Boston’s commercial real estate market remains resilient, underpinned by its strong economic fundamentals - by Jeffrey Muñoz

Boston’s commercial real estate market remains resilient, underpinned by its strong economic funda...

July 28, 2023
Boston’s commercial real estate market has long been a bastion of economic stability, attracting investors and businesses alike with its vibrant landscape and thriving industries. However, the city’s real estate landscape is facing a unique set of challenges.
Ask The Electrician: Fire Alarm Testing - Brian Leborgne

Ask The Electrician: Fire Alarm Testing - Brian Leborgne

July 28, 2023
Why should I test my building’s fire alarm system? Staying up to date with today’s fire alarm systems can be challenging, but it is crucial. The typical lifespan for a fire alarm control
Risk and opportunity - by David Skinner

Risk and opportunity - by David Skinner

July 28, 2023
It’s the summer time in something that feels like a recession. But let’s not be alarmist, so we’ll just say that it feels like a recession. What is the point of sharing anything with the New England Real Estate Journal community if we don’t help
Will added inventory meet user needs? - by Kristie Russell

Will added inventory meet user needs? - by Kristie Russell

July 28, 2023
At the halfway mark of 2023, the commercial real estate market is very active, with companies renewing, expanding, and others entering the market. Deals are occurring in the office market, with many companies renewing leases and some companies expanding in the market. There