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.
The market seems to be picking up a little bit. Can’t tell in these October sales and lease transactions but likely will in November and December results. Have a happy and safe holiday season. October Comps Mark
I have started a “Big News, Bad News, Same OLD News” series – Here’s the first installment! BIG NEWS! New Haven based Higher One recently signed a long term lease to occupy 140,000 sf of space at Science Park in New Haven CT. Higher One assists colleges in managing payment of financial aid, refunds, invoicing etc to its […]
Occasionally I receive calls from reporters looking for my input on the industrial real estate markets…here in the state and the region. Most questions are fairly typical. Vacancy rates…reasons for a plant closings…when are we going to get out of this mess…etc etc etc. Last week I received a call from a reporter with a little […]
While we are starting to see a bit of a recovery in the commercial real estate markets…New England and, in particular, Connecticut continue to struggle. Why? The cost of doing business continues to increase in the region. That means taxes, labor, benefits and utilities. And while some in the State of CT will want you to believe that the […]
“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 […]
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