Category: Spotlight Content
Experiential retail is driving consumer traffic and extending the shopping day - by Bill Greene
March 31, 2023
As we move further from the peak of pandemic-induced restrictions and closer to a second summer with lessened and, often, little-to-no social limitations, it is clear that pent-up consumer demand for how we spend leisure time is
Short-term leases: Good or bad? Only time will tell who is right and who is wrong - by David Skinne...
March 31, 2023
I was standing in the lobby of LifeTime Fitness and thinking to myself, “Wow, this could be the last time I ever work out at LifeTime ever again.” It was the end of the day and my workout buddy was trying to figure out if it was safe to be there. Apparently there was something going around that some people who
Municipal improvements of brownfields properties through court-supervised proceedings - by John Dors...
March 31, 2023
In a real estate market where developable properties situated to accommodate major land developments are limited in supply and highly competitive, municipal improvement of brownfields properties, particularly those involving a prior mill building or industrial use, through specialized court proceedings presents municipalities unique opportunities
Property repair and improvement costs before a sale and 1031 exchanges - by Lynne Bagby
March 31, 2023
It is common for many New England real estate investors to make repairs, updates, and improvements to enhance an investment property in preparation for listing with a real estate agent or broker for sale. A commonly asked question by investors in New England is, “Can I be reimbursed from the 1031 exchange for the costs associated
Demand continues from tenants and investors - by Julie Freshman, George Paskalis and Mike Giuttari
March 31, 2023
The Rhode Island industrial market has been challenged by a lack of supply with vacancy rates in the 1% to 2% range for “modern” single-story industrial buildings, with little new construction of industrial buildings due
Rhode Island real estate market remains strong, due to the fact that inventory remains tight - by Th...
March 31, 2023
Imagine the economy as a heartbeat, it needs go through rises and lulls, it’s alive. Stagnate activity is cause for concern. We may see a recession but we are in no way able to determine how deep it will be, if it’s not already here.
The new normal swings into summer - by Dennis Serpone
March 31, 2023
The restaurant industry has charged through the last couple of years, through the pandemic and through the problems relating to inflation and staffing. The most visible signs of distress have been the increases across the width and breath of menus and the reduction of operating days and hours.
Project of the Month: Dellbrook|JKS breaks ground on 2Life Communities’ Opus Newton - 351,000 s/f ...
March 31, 2023
Newton, MA On March 6th, 2023, New England construction management firm Dellbrook|JKS broke ground on Opus Newton by 2Life Communities, alongside its architect Perkins Eastman. The new development will provide middle-market seniors with a more affordable living option,
Due to hybrid and work-from-home models, the square footage companies need has dropped - by Kristie ...
March 31, 2023
Although the first quarter of 2023 has not ended yet, the commercial real estate market has been active thus far. The industrial sector continued to see both investment and owner-user sales throughout New Hampshire. There is
2023 Women in Construction: Michelle Callahan, Nitsch Engineering
March 31, 2023
How are you involved in community organizations and/or charities? I’m involved with CREW Boston (Commercial Real Estate Women): I co-chair the diversity, equity, and inclusion committee, and I’m also actively involved with the membership committee and the development project management committee.
2023 Women in Construction: Deborah Danik, Nitsch Engineering
March 31, 2023
What was your greatest professional achievement or most notable project in the last 12 months? We’re currently in the final phase of construction for the Boston Housing Authority’s Orient Heights redevelopment project in East Boston, which is replacing 331 affordable housing units.
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