Commercial Real Estate Frontline

Boston Commercial Real Estate Gains from 2005-2007 Wiped Clear in 2009?

Property & Portfolio Research has published some mean numbers that indicate that we're going to be in for a wild ride over the next couple of years in the Boston area commercial real estate market. As much as what I hear around town is a false sense of hope and security that this will blow over soon and we'll get back to prosperous times again, it looks like the coming storm is going to get nasty.

In 2009, Boston Area Tenants Are in the Driver’s Seat

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 [...]

Commercial Real Estate: Fear, Capitulation, Despair?

That is the question that Paul Marcus, CEO of Marcus Partners asked 155 seasoned Boston area real estate professionals at this week’s REFA 2009 Forecasting Luncheon. Word On The Street This graph depicts the psychology of the market through a boom and bust cycle. REFA coordinators used a very cool very innovative polling device that allowed the [...]