Category: Spotlight Content

What recent project, transaction or accomplishment are you most proud of? As employee #4 from 2019-2022 at Tour24, I helped create an industry for self-guided touring in the multifamily housing sector with an award-winning app. I built and managed a cross-functional team, successfully executed strategic product roadmaps and implemented operational processes.

What recent project, transaction or accomplishment are you most proud of? Within the last year, I was provided the opportunity to be the lead estimator for our firm’s largest project to date. This came with some challenges when lead times turned astronomical, material cost was unpredictable, and the availability of manpower was essentially nonexistent.

As Marvin Gaye famously sang, “What’s Going On.” Indeed, it’s quite a challenge to figure that out in today’s climate, and more importantly, to determine where one should be going. One of the most widely accepted assumptions is that [real estate] investors make all of their decisions based on “facts” while homeowners allow themselves to be governed by emotional responses.

If you’ve been keeping up with current events, you may have noticed a shift from concerns about the banking sector to worries about the commercial real estate industry, specifically the office market. However, it’s important to note that the New Hampshire Seacoast office market is not comparable to larger cities such as New York City, Dallas, and Chicago that have been making headlines.

Seventy-five percent of all small businesses are food and liquor related. Every business owner, once a location is secured, has to be prepared for dealing with a landlord, a build-out, personnel, and then the customers.

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.