“Hartford’s Realty in the bottom five”. This according to Moody’s (see article below). Who else is in the “bottom five”? Las Vegas, Detroit, Trenton NJ and Phoenix. Hotel occupancy rates, apartment leasing, demand for office space, etc. etc. etc were factors included in the “survey”. I’m not here to tell you the Hartford area is booming…but […]
Thought
While there’s optimism about the market recovery (albeit…slow market recovery), actually completing sales and leases remains a challenge at this point. Evidenced by the attached September 2010 industrial sales and leases report. September 2010: September Comps
Just returned from the SIOR National Conference in San Antonio Texas (www.sior.com). These conferences are usually a good barometer of what the country is seeing in the office and industrial real estate sectors. To say the tone of the last few conferences has been depressing would be a major understatement. (NOTE: SIOR members are some […]
(10/15/2010) I had the privilege of attending the SunHyrdo ribbon cutting for their brand new hydrogen fueling station (see article below). Interesting stuff! Attendance included Gil Sperling of the US Office of Energy, Congresswoman, Rosa Delauro, Tom Sullivan, owner of SunHyrdro and Proton Energy Systems, as well as Rob Friedland, President and CEO of Proton Energy Systems. […]
Everyone is seeking input on just where the industrial real estate markets are headed. Frankly, I think we are all trying to believe we are headed on our way back. And while I believe this (markets heading up) is the case, the fact is that for every one of me, there is probably one person that […]
While the quarterly stats might not be showing it, I can tell you that the “daily” stats are. “Market Momentum” is beginning to change out there. And while it will take a while to absorb all of the vacancies of the last 30 months, they (the vacancies) ARE beginning to go away. Evidenced by recent deals…CREC, 50,000 sf + in […]