Market Insights
From major acquisitions and new developments to shifting trends and standout deals, we bring you fresh updates, local stories, and expert takes on the commercial real estate moves shaping our region. Whether you’re tracking the latest transactions or just curious about what’s next, we’ll keep you in the loop with news that’s timely, relevant, and easy to digest.
Echoing a recent CoStar opinion, Prologis, the world’s largest warehouse developer, has recently released a report predicting warehouse space consumption will accelerate throughout 2012. Prologis predicts 2012 demand will exceed warehouse demand prior to late 2007. Worldwide, Prologis predicts 125 to 165 million square feet of net absorption in 2011 and 400 million square feet […]
As many of you are aware, the commercial real estate industry has been pre-occupied with lots of issues…not the least of which is the projected accounting changes here in the US. It’s looking like those changes might be a little delayed at this point. What use to be a projected 2013 change is now looking […]
OK, lot’s of bad news to talk about lately…the stock market swoon, the abysmal job market, CT’s rising taxes, etc. However, here’s an uplifting article from Rick Green of the Hartford Courant. Downtown Hartford is headed up! More than one place to “grab a paper and a decent cup of joe on Saturday am” and apartment buildings […]
Interesting article from CoStar. This release shows U.S. warehouse space demand remained relatively strong, despite the challenges of the US economy. Of course “strong” is a relative term. “Strong” these days means the market is headed back…albeit maybe not at the strength that will sustain a significant recovery that will affect strong absorption (thus increased […]
“Sears Tells Illinois It May Shop Elsewhere”. Headlines in this weekend’s Wall Street Journal. So why would we in CT care about Sears leaving Illinois? Why does this mean anything to us here in CT? While the Sears threat might be just that (a threat), just think the “unthinkable”. If a company as closely associated […]
Governor Malloy has appointed a new Commissioner of Economic Development. Catherine Smith, former head of ING’s U.S. Retirement Services, has accepted the Governor’s challenge to attract new businesses and encourage existing business to expand right here in the Nutmeg State! Kudos to the Governor for recognizing that this state doesn’t need another government bureaucrat in one of […]
Market Reports
