Today’s Deal Landscape and Next Year’s Market

As we close in on the end of 2023, we are thinking about 2024 and what it will hold for the real estate industry. There appears to be a wide variety of views and a lot of interesting issues that will only become more evident as the year progresses. Construction In construction, specific kinds of…

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Placer.ai Office Index: May 2023 Recap and Our Thoughts

The Placer.ai Nationwide Office Building Index: The office building index analyzes foot traffic data from 800 office buildings across the country. It only includes commercial office buildings and commercial office buildings on the first floor (like an office building that might include a national coffee chain on the ground floor). It does NOT include mixed-use…

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Leasing Retail Space

Case Study of 1 N Main St, Rochester, NH When it comes to leasing retail space, understanding the demographics of an area is essential. Demographic factors, such as population size, income, age, and education level can all play a significant role in determining the leasing potential of a retail space. Rochester, New Hampshire, for example, is…

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Domestic Migration

COVID IMPACTS – TEMPORARY AND PERMANENT Moving is expensive, time-consuming, and emotionally and socially costly, so even a slight uptick in internal migration is significant. We saw a great deal of migration immediately after the shut down in 2020 as cities saw many of their residents, who were no longer tied to an office, move…

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Today’s Commercial Real Estate Market

Where are we in today’s market ?  The news today is filled with a lot of financial doom and gloom, with the stock market leading the charge – it being as volatile as it has been all year. It seems like no matter where you turn, the news has something or someone commenting on the…

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Hampton RFQ Progress Update

Dear Respondent,It has been a while since there was any communication from the Liquor Commission or us as the brokers.  We have been busy during this time completing work on the zoning, and work on the Conservation Restriction on part of the property. We are pleased to report that there has been substantial progress completed to…

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Is Now the Best Time to Sell?

After another weekend get-together where my friends ask me “Should I buy or sell right now?”, I am left feeling that my economics degree and ‘fortune telling’ classes were not quite good enough for me to be giving hard and fast advice on this. I also think a 2000 word blog post saying that both…

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New Homes Don’t Raise Property Taxes

In New Hampshire, when a subdivision is proposed in just about any town or city, there is a “hue and cry” about the fact that it will put more kids in the school system, and that because of more kids, the costs of operations for the school district will increase – thereby increasing the taxes…

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Multi-Family Trends – National vs. Local

Multi-Family and apartments are still some of the hottest investment products in the commercial real estate market. In just New England (NE) this year there have been more units sold of Multi-Family than Self Storage, Senior Housing, Special Purpose, Mobile Home Parks, Retail, Office, Industrial, Land and Hotel/Motels combined! Even with a lower price per unit,…

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New, Creative Projects Nearby

There are a lot of creative housing projects in the works in the New Hampshire seacoast and they all have a similar theme – increasing density.  It’s no secret that New Hampshire is experiencing a housing crisis. A severe lack of inventory has caused prices to surge, leaving both buyers and renters in a bind. From…

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