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 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 […]
In late May last year my partner and friend Peter Gutterman learned he had pancreatic cancer. The news was devastating, to Peter and to everyone who knew Peter. Unfortunately many of us learned this morning that Peter passed away after his seven month battle with the horrible disease. Peter leaves behind his wife Roz, daughter […]
CoStar recently released its Q2 2012 industrial market results for Greater Hartford CT. Good news! Positive absorption (that means more space came OFF the market than went ON the market)! 1 million square feet of positive absorption! While I think one can challenge the actual number, no one can challenge the claim of positive absorption. More good […]
Not something that is done every day but in certain cases it might make sense. That is…raising the roof of your industrial building. If your building is well located but has low ceiling height think about the possibility of doing a “roof raise”. Cost runs from $15 psf to $30 psf but the total cost […]
OK, maybe not inexpensive as compared to all of the country…but this report by Deloitte shows us that lower Pioneer Valley MA and southeastern CT are more competitive regions than many parts of southern US! These areas might even be a better alternative for those Boston MA based companies looking for less expensive alternatives. See attached Deloitte report: New England […]
Market Reports
