More of the same in October and November of 2009 everyone! No real changes in the direction of the Southern New England commercial markets. While we are seeing continued SIGNS of improvement (increased showing activity) , nothing to really show for it. Mood starting to shift from75/25 in favor of positive change in 2010 to 50/50. More discussion […]
Thought
Kelo vs New London CT was a landmark case. With the closing of the Pfizer facility (at least, in part, the reason for the property taking that caused Kelo vs NL), kind of made me wonder if it was all worth it. Well, I am sure that the folks in NY and Forest CityRatner Co’s […]
In our attempt to provide timely and useful information, Sentry Commercial has added a “Sales/Lease Data” link to our website (www.sentrycommercial.com). You can now go to our website and search for the MOST RECENT sale and lease information available in the industry. Take a look. Have questions? Give us a call. Need advice? Give us a […]
Industrial deal volume in Southern New England for September of 2009 remained low, relative to historical activity levels. Small to medium size activity remains the strongest…but “strongest” is a relative term. That said, most brokers are saying that November is starting bring more inquiries and more “foot traffic” to client properties. Hopefully that translates to stronger deal volumes in […]
In Toronto the last few days for the Fall SIOR International Conference. Chance to catch up with industrial brokers from throughout the world. Lots of conversation. Much of it…”How’s business”? You can probably guess their responses! BUT, it is clear that, while business hasn’t been all that great this year, an ever growing number of brokers […]
Interesting article everyone! While news and opinions still vary, we are starting to see this opinion more and more. Enjoy! http://seekingalpha.com/article/153491-commercial-real-estate-record-declines-may-be-good-news