Change is inevitable and everybody resists it. But what happens when the market changes and not everyone agrees with what's happening? We wanted to find out. So we ran a survey of over 1,157 New England based commercial real estate owners and investors to collect their thoughts on the commercial real estate market.
Tuesday, April 21, 2009
Time is everything right now. George Soros said last week of commercial property values “… we know, they will drop at least 30 percent.*” Some analysts predict a 50 percent or greater drop. How long this pain will last nobody knows but we do know we are still at the beginning. In a declining market [...]
Thursday, April 16, 2009
The stalemate is ending. We have just summitted a mountain of transactions and have been sliding down the other side, as represented in CoStar's chart showing national sales volumes for office properties.
Friday, January 30, 2009
I needed an inspection sticker for my car. I pulled up to Peter’s garage, a local mechanic I have gone to for repairs and maintenance for over 10 years, and I noticed the 3 garage/storage bays in the rear of the building were vacant. These bays had been leased to DHL for fleet maintenance for [...]
Thursday, January 22, 2009
You’re watching a football game on television. One team kicks off and a flurry of activity ensues. Guys are running everywhere and the ball’s on the move. They settle down. The two teams square off. They run plays to outsmart and out-maneuver the opponent. The offense works its way down the field, reaching the 50 [...]
Wednesday, November 5, 2008
Now that the froth has disappeared into the rear-view mirror the the task of selling a commercial property has changed. We’re getting back to a more normal market (albeit contracting more than we’d like) which means a balance of price and terms. For a time sellers could dictate both of these, but no more. Price and [...]
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Tuesday, June 9, 2009
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