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.
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;
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
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
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
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
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,
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 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.
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
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
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