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.
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 […]
OK, we’ll take what we can get. This is the Q1 2010 SIOR Commercial Real Estate Index. A compilation of over 700 SIOR’s opinions on where the commercial real estate markets are headed. The good news is up! The bad news is, slowly. Very slowly! See attached SIOR Index to be published in the SIOR Professional Report […]