I am an optimistic person therefore first with the good news. At this time of limited inventory, a number of hotels have sold where the motivation is based upon generational change. These owners usually have low debt, have been in ownership for significant periods of time
In these industrial market update columns, I have been opining of the merits and challenges of the recently formed product type of real estate that has been labeled, “IOS” – or for those of us who are not interested in
It is hard to find any publication with positive things to say about the commercial office market — and for good reason. COVID and post-COVID shifts in the workplace have solidified the work-from-home (WFH) model as more than just a
The commercial real estate market in Rhode Island, and nationwide has been through quite the transition in the last 18 months and we are in for a dynamic year ahead, shaped both by national and regional factors and trends. A major catalyst is the Federal Reserve’s decision to lower their benchmark rate for the first time in four years,
As 2024 winds down, with no new construction in sight, we expect that the supply of industrial buildings and spaces in the Rhode Island market will remain low, with vacancy rates in the 3-4% range for “modern” industrial buildings.
As we head into the final quarter of the year, the Rhode Island office space market is sending mixed signals. On one hand, vacancy rates have been ticking up, a trend that has left many landlords and lenders concerned. Yet, on the other hand, there’s a growing sense of optimism in the air as
We are now accepting nominations for the highly anticipated 2024 Ones to Watch INDUSTRY LEADERS Spotlight, set to publish on November 29th in the New England Real Estate Journal.
The industrial market in Maine remains robust, characterized by historically low vacancy rates. As of early 2024, the vacancy rate across the state is below 2%, indicating a continued imbalance between supply and demand. This tight market environment has kept lease rates strong, with many landlords in a favorable position. Asking rates are trending around $10.50 per s/f for
CREW Boston’s mission is to develop, advance and champion the success of all women in the commercial real estate industry by: • Creating a diverse, multi-cultural and welcoming community. • Creating a forum for all women to impact the future
What recent project, transaction, or accomplishment are you most proud of? I have a specialized practice focused on real estate, finance and tax credits. I’m most proud of the impact my work has on development projects which revitalize historic sites, create market-rate
What challenges have you faced as a woman in commercial real estate? For women in project management, especially in traditionally male-dominated fields like engineering, unique challenges arise. These include overcoming biases and proving technical competence in environments