Commercial Real Estate Frontline

When New England Based Investors See the Bottom

When the market changes, not everyone agrees with what's happening. If change is inevitable and everybody resists it, how do we know when the market will bottom? In the last post, you read about what 1,157 New England based commercial real estate owners and investors thought of the market. Today, you'll read about where they think it's going.

How New England Based Investors See the Market

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.

Office Vacancy in 128 North to Increase

Vacancy rates for office space in 128 north are increasing. According to CoStar research, vacancy rates dipped in 2006-2007 into the 13% range. They're now forecasting vacancy rates up to 16% as more space comes on the market with pending job layoffs. The vacancy rate has not increased more drastically because tenants have not started giving up space to their landlords as they hold out to see when the recession will end and to see whether they'll need space to rehire staff.

Capitulation in Boston Commercial Real Estate?

"You've finally capitulated, haven't you?" joked my business partner. He and I laugh at the fact that he's a bear and I'm a bull. It works for us. And when either of us become too negative or positive on the market, we weigh the pros and cons. "Yep." I said. "Despite the fact that you know that I'm a bull and that I've been writing and advising of this correction for some time now, I really feel that I've experienced the shift today. There's no going back now."A lot of equity's going to be lost.

Why Being Pound Wise and Not Penny Foolish May Pay Off

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.

Greater Boston Office Suburb Appeal

Budget relief can come in many forms, and smart companies are taking a close look at the details to save on spending. Technology companies in Boston are no exception. There’s not much they can do about insurance costs, real estate taxes, and payroll, so what gives? Perhaps savings can be found in the monthly cost [...]

Multi-Family Investments Perform Well Despite Current Economy

This past Wednesday, I attended an enlightening session sponsored by the Real Estate Finance Association on multi-family investments and the economy. As many of us connected to the multi-family real estate sector get nervous about where things may be headed, I thought I’d share my take away from this session: There is a silver lining [...]