Tough to measure the industrial real estate markets by the week or even by the month but it seems like we are getting so many mixed signals from the economic “experts” these days. Many interpreting the same information differently. So…here’s a quick update…one might say a quick “View for the Street”. Just like retailers, the […]
Thought
David Gergen was our guest speaker at a recent REFA Hartford event and he described me as a contrarian. Said that I felt that the market wasn’t as bad as everyone said it was. OK, yes I am probably a contrarian but NOT because I don’t think that market isn’t as bad as everyone says […]
Still interesting times out there! The office and industrial real estate markets continue to be effected by the “worsening economy”. “Worsening”…well that’s what the feds and the government tell us anyway. Troubling thing is that they don’t seem to have a real handle on when this might all end (of course, if we all knew, […]
It’s been a crazy few months for all of us so I thought I would take a moment and give you a quick update on today’s Central/Southern New England commercial real estate markets and what we see in the coming months. As you know, the financial crisis has made things a bit difficult for all […]
Debates continue on the “average spec” for an E-Commerce building. How deep a building…How wide…How high! Well, it looks like the last question (height) has a definitive answer! In 2018 the average height was 33.6 feet! Per JLL, that is an 18.1 percent increase in a year! See link to the JLL article: https://www.us.jll.com/en/views/snapshots/industrial-clear-heights-rising-with-e-commerce-gifts
Great news in the Hartford Business Journal yesterday. Another downtown company continues its plans to move into recently leased office space in downtown Hartford! Great to see! We are hearing more and more from companies in favor of retaining office vs. 100% WFH. https://www.hartfordbusiness.com/article/hartford-healthcare-begins-moving-employees-to-downtowns-100-pearl