Category: Spotlight Content
2022 Mid-Year Review and Forecast for 1031 tax-deferred exchanges in second half of 2022 - by Brenda...
July 29, 2022
Internal Revenue Code (IRC) Section 1031 allows a property owner, who holds property for “the productive use in a trade or business or for investment”, to defer paying capital gains taxes if the property owner sells such property, identifies “like kind” property within forty-five days of
There must be a silver lining somewhere in this picture - Dennis Serpone
July 29, 2022
Due to the current state of our economy why would anyone want to start or own a small business in our country, let alone the capital intensive, labor intensive food & beverage industry? The answer is very simple…because ‘restaurants’ can be very profitable
Clients should feel confident when they hire a New England Security guard - by Daniel Sarno
July 29, 2022
As the COVID-19 dust settles, one thing that all can agree on is that the pandemic shook us at our core. Countless businesses folded, employees lost their jobs, and families lost loved ones. The sense of doom and despair was real. It took a lot of positive thinking and perseverance for people and businesses
With leveling out of markets, it is encouraging to see tenants signing new leases and renewals - by ...
July 29, 2022
The New Hampshire office and industrial market are starting to level off from the impact of the pandemic. Over the last four quarters, the vacancy rate in the office sector has seen practically no change quarter-to-quarter. With deals being signed and little change in the overall office vacancy rate,
Sweeney sums up summer in Rhode Island’s 2022 commercial real estate market - by Tom Sweeney
July 29, 2022
Well here we are. Many businesses are trying to determine how to navigate the current economic situation. “Economic outlook has dropped to historic lows, down 75% from a year ago as prices have increased about 8.6%” according to 2022 JPMorgan Chase & Co. Business Leaders Outlook Pulse survey.
The Dunham Group’s mid-year update reflects a strong landlord and property owner’s market - by J...
July 29, 2022
The Greater Portland industrial vacancy rate has risen slightly in the last six months to 2.28%, up from a paltry 1.69% at the close of 2021. The Dunham Group is pleased to present our mid-year update to the annual Greater Portland Industrial Market Survey. The statistics as of July 1, 2022, continue
Project of the Month: Windover Construction completes renovation and expansion of Cabot St. YMCA Hou...
July 29, 2022
Beverly, MA Windover Construction completed the gut renovation and vertical expansion of the historic Cabot St. YMCA, to provide additional affordable housing to residents of the North Shore community. Windover partnered with the YMCA of the North Shore and SV Design for the project
Commercial property owners, you better check your “No Vacancy” sign - by Spencer Macalaster
July 29, 2022
As employers continue to review their return-to-office plans in the midst of the various COVID variants and ‘breakthrough’ infections, remote working and hybrid office models, owners and lessors of real estate need to also be reminded of the impact that ‘vacancy’ clauses can have
The world has shifted and what that means to sellers, investors, etc. - by David Skinner
July 29, 2022
I am tempted, as a real estate soothsayer, to jump for joy when I look at prognostications in years past that I have posted right here in the New England Real Estate Journal regarding the future of the industrial real estate market. You may ask, “David, why do you jump for joy?
Where we go from here is anybody’s guess - by Earle Wason
July 29, 2022
In my article for the New England Real Estate Journal’s Mid-Year Review two years ago I ended by writing “I see huge pent-up demand for travelers once we do recover from the pandemic.” Yes, I was right about the pent-up demand and travelers inundated destination resorts throughout New England
Nordlund Associates completes multiple deals on the North Shore region of MA
July 29, 2022
Haverhill, MA Nordlund Associates have completed multiple deals in the North Shore region of the state. Nordlund completed the sale of 73 Ward Hill Ave. in Haverhill. The 17,876 s/f building on 1.68 acres was purchased by Cedar’s Mediterranean Foods, Inc.
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