Changes in carrier decisions also play a part in a new flood insurance scene By Erik Sherman | Via globest.com A satellite image shows TD Bank Ballpark submerged in flood, after Hurricane Ida swept through the Bridgewater Township in New Jersey, September 2, 2021. Maxar Technologies | Handout via Reuters. Flooding is an ugly and […]
by Prashant Gopal | via Bloomberg.com U.S. apartment building sales have jumped to record levels, outpacing all other forms of commercial real estate. Deals totaled $241.9 billion in the 12 months through September, up 27% from the same period in 2019, according to a RealPage Inc. analysis of data from Real Capital Analytics Inc. going back […]
by: Gary Tasman | via NAIOP The COVID-19 pandemic has forced us all to re-evaluate the ways we conduct business, including remote work opportunities, surface sanitization, social distancing, human resources policies and indoor air quality. For those in the commercial leasing business, the concept of force majeure and how it applies to the pandemic is […]
by Kathryn Hamilton | via NAIOP A panel of experts took on the biggest challenges in industrial real estate in the closing panel of the first day of I.CON West 2021, held this week in Long Beach, California. From supply chain stressors to volatile pricing to labor shortages and building design, the issues seem bigger […]
by: Kathryn Hamilton 7 minute read The term “supply chain” was coined on June 4, 1982, when the Financial Times published an article that used it as a replacement for “production and inventory management.” Now a permanent part of our lexicon, looking back at just how the supply chain has grown and changed over four […]
by: Marie Ruff 6 minute read Within the thriving industrial real estate sector, the cold storage class of warehouses has attracted investor and developer attention as demand continues to grow for food and pharmaceutical delivery. Is the era of speculative cold storage upon us? A panel at NAIOP’s I.CON West in Long Beach, California, this […]
by: Neal Lappe 6 minute read Nearly every time you read about the top traits of successful salespeople you’ll find a section about qualifying buyers. In sales, the buyer is not the only one who should be making a decision. The salesperson has to decide how much time and energy to pursue the buyer. Too […]
Griffith Properties Will Transform Asset into Class A Lab Space in Emerging Life Science Market Watertown, MA, January 25, 2021 – Griffith Properties and partner, a fund controlled by DRA Advisors, have acquired a 145,000 SF flex/industrial property located at 580 Pleasant Street for $21.5 million. The property will undergo a gut renovation and will […]
During 2019, experts had predicted a rise in interest rates. However, rates actually fell due to actions by the Fed. What does the rate drop mean for commercial real estate in Massachusetts? Although no one can predict the future, here are a few on the impact of reduced interest rates on commercial real estate in […]
Somerville, MA DLJ Real Estate Capital Partners has acquired the office/industrial headquarters site of moving company Gentle Giant for $23 million. The three acre parcel is adjacent to the 3.4 acre site DLJ acquired in a joint venture with Leggat McCall Properties (LMP) in November of 2018 from J.J. Vaccaro, where a 290,000 s/f life sciences […]
