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.
Just when everyone thought the market was turning around, along comes the most recent unemployment rate in CT. 9%! Ouch! Yes, that is .9% WORSE than the national rate of 8.1%. So, do you still think we are headed back? Well, if you look at the number of transactions in the last 60 days and the […]
A little on the light side! A pic of a little critter we needed to deal with on a recent showing. And you thought brokerage was easy! Keep smiling! Mark
In case you missed it…big happenings in the Bradley International Airport region lately! Expansion of the Foreign Trade Zone and the creation of the Bradley Airport Development Zone. The expansion of the FTZ to Griffin Land’s New England Tradeport gives companies doing business internationally additional options for places to do business and take advantage of the FTZ benefits. […]
A lot of news recently about the rebound in manufacturing in the US. More specifically US companies bringing their manufacturing BACK to US plants. There are a number of factors that cause this…Value of the dollar, productivity, cost of utilities etc. Well, based on the article below, the good news is the majority of manufacturers believe […]
For at least two years there has been a lot of concern in the commercial real estate world about coming changes to the accounting standards in the US. A switch to Global Standards potentially meant a change in the way many US companies will need to handle leases on their balance sheets. The projected change was […]
Hats off to the folks at the Hartford-Springfield Economic Partnership for a great event this past week. I attended the Knowledge Corridor event held at the Holiday Inn in Enfield CT. The Knowledge Corridor is essentially the area that goes up and down Interstate 91, through Western MA and northern CT. The marketing of this area […]