Just read an interesting article by Sandra Johnson (MetroHartford Alliance) that was published in the New England Real Estate Journal. It illustrates just how companies are examining the way they make real estate decisions in today’s changing world. While this article is based on office decisions, it goes the same with industrial decisions as well. […]
Thought
Interesting report by CA based Marcus & Millichap Real Estate Investment Services. Predicts the industrial recovery to be 2011, maybe even 2012. While the report is about the recovery of the industrial investment market (i.e. not the user market), it does show the differing opinions out there re: the recovery. Seems the difference in most opinions […]
In 2008 the legislature passed a two year extension on the “temporary” increase of the real estate transfer tax. Well once again the legislature is looking for yet ANOTHER extension of that temporary tax! It doesn’t look like a question of “IF”. Instead it looks like a question of “how long”? (One or two years). One […]
Last week I was asked to participate on a panel of “industrial real estate experts”. The effort was to give our audience a “state of the state” type of overview for the CT and Western MA region. I have been on a number of these panels in the last 30 months and, just like the previous panels, the […]
Went to the CBIA/CBT Economic Outlook breakfast this past Monday. Confirmed my “good news/bad news” outlook. Good news being that the economy is on the rebound. Bad news being that the Connecticut economy is behind the curve AND so is real estate (residential and commercial). Take a look at the Moody’s Analytics/Andres Carbacho-Burgos presentation on the CBIA […]
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 […]