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.
Upbeat report from CoStar this past week. Coming off a strong finish in 2012, warehouse markets throughout the country have continued to improve at the beginning of 2013. 43 of the 54 markets in the US posted positive absorption. Even the weaker markets only had a combined 3.4 million sf of negative absorption. Vacancy rates are down, […]
Whether you’re for or against the new gun control laws in the State of CT it is clear there will be financial fallout. Bristol CT based PTR Industries has just announced plans to relocate its operations elsewhere. Where is elsewhere? Well, they don’t know. They’re just saying anywhere but CT. That means 50 employees leaving […]
It’s a pretty old saying but it’s true. Status quo is not a good thing and unfortunately our industrial markets are just that…stuck in cruise control! Why? The market needs to grow and they’re not growing! Yes, companies are moving and expanding here and there. Even better, there are numerous examples of companies expanding their existing facilities here […]
OK, something a little off-beat today. Catching up on my Wall Street Journals and I saw this article on the Miami condo market. Specifically a loan made in the market for new construction (yes, new construction!). Not only new construction but new high rise condo spec construction! And the units being built? Prices start at $7.75 million! […]
The Connecticut Chapter of the Society of Industrial and Office Realtors (SIOR) recently released its Q3 & Q4 2012 market survey. Overall the survey shows a slight positive outlook for 2013 although most members believe the positive year will not result in significant changes in lease rates, pricing or new construction. OF NOTE…an impressive list […]
Yesterday hundreds of Peter Gutterman’s family, friends, colleagues and business associates participated in the services and Shiva for Peter. Yesterday was a difficult day for all but it was also a wonderful confirmation of what we already knew. Peter was loved by many, many people. The speeches at the services and the many conversations that occurred at and after the […]
