I have been asked a number of times whether I felt that the new film studio proposed for South Windsor CT (Connecticut Studios) will produce jobs for the area OR if it will just be another self-contained development. Well, my answer to all of you (as you know) has been an incredibly insightful “I don’t know”! And […]
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OK, we’ll take what we can get. This is the Q1 2010 SIOR Commercial Real Estate Index. A compilation of over 700 SIOR’s opinions on where the commercial real estate markets are headed. The good news is up! The bad news is, slowly. Very slowly! See attached SIOR Index to be published in the SIOR Professional Report […]
Q1 2010 turned out as expected…Stabilizing of the market…a few more deals…a slight increase in showing activity. Biggest question right now? Will the “corporate planning” going on today (i.e. company’s looking internally at their options to accommodate increasing sales and production) turn into actual real estate expansion? OR, will they defer to the option of increasing […]
Interesting piece in the Hartford Business Journal yesterday (see below). A report stating that the Fed believes the Hartford Industrial market lags other property sectors. Well, that’s saying something! You mean to tell me that the industrial sector lags the retail sector? Maybe that’s what the numbers say but I can’t imagine that this is the […]
Transaction activity remains a bit groggy at this point. The good news is that it appears that showing activity is picking up a bit. The real good news is that corporate facilities planning/analysis is active. Might mean good things to come! See attached February 2010 Market Sales & Leases Report: Market Sales & Leases – February 2010 […]
It’s that time of year! New assessments are on their way. And yes, towns are looking for revenue! Not every assessment is created equally, so it is wise to take a look at your new assessment and make sure it checks out! Even if you are a tenant! Actually, ESPECIALLY if you are a tenant. Many […]