Posts tagged as:

Commerical Real Estate Outlook

What Do Market Corrections and Marathons Have in Common?

October 28, 2009
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Two weeks ago I finished my first marathon and learned that a combination of two strategies works best for surviving long runs and market corrections–you must first save by creating efficiency of movement and conserving energy. Next you must grow through the pain and lead your way to success in preparation for future recovery and expansion.

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What Happens to Market Demand When Life Catches Up?

July 22, 2009

Jack liked to smoke. Often. He’d hang out smoking just at the entrance to the office and would greet me with a casual smile and the seasoned look of a battle hardened real estate broker. On normal days, I’d stop, stay hello and then go to my desk.

After the World Trade Center attack in 2001, the world seemed to come to a stop. Everyone stopped and waited to see what was going to happen to the market and overall economy, and seemed equally unwilling to take any risks and get back making money work. People were just proving that the market responds worse to uncertainty that it does bad news.

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What Does Pele Know About Commercial Real Estate?

July 14, 2009
Commercial real estate opportunities in the Boston MA commercial real estate market.

Fans used to ask Pele, the great Brazilian soccer player, how he achieved such mastery of soccer. He used to answer,”Everything is practice.” Pele understood that the path to greatness wasn’t spending hours perfecting the most complicated plays of the game, rather endlessly trying to master the fundamentals. Mastery of the fundamentals, his most difficult endeavor, catapulted him to soccer stardom.

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How to Think Like Smart Money

July 14, 2009

We live in a time of turbulence. We hold on as old systems are tested and pushed to the hilt. Look at how government spending supports and maintains these systems for as long as possible before allowing them to break — case in point, GM’s bankruptcy.

But what happens when these systems shatter? We pick up the pieces and rearrange them to create new modes of operating amidst a new landscape. We develop a new equilibrium, don’t we?

Here are a few applications I’ve seen recently…

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When New England Based Investors See the Bottom

June 11, 2009

When the market changes, not everyone agrees with what’s happening. If change is inevitable and everybody resists it, how do we know when the market will bottom? In the last post, you read about what 1,157 New England based commercial real estate owners and investors thought of the market. Today, you’ll read about where they think it’s going.

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How New England Based Investors See the Market

June 9, 2009

Change is inevitable and everybody resists it. But what happens when the market changes and not everyone agrees with what’s happening? We wanted to find out. So we ran a survey of over 1,157 New England based commercial real estate owners and investors to collect their thoughts on the commercial real estate market.

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Office Vacancy in 128 North to Increase

May 28, 2009

Vacancy rates for office space in 128 north are increasing. According to CoStar research, vacancy rates dipped in 2006-2007 into the 13% range. They’re now forecasting vacancy rates up to 16% as more space comes on the market with pending job layoffs. The vacancy rate has not increased more drastically because tenants have not started giving up space to their landlords as they hold out to see when the recession will end and to see whether they’ll need space to rehire staff.

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Capitulation in Boston Commercial Real Estate?

May 2, 2009

“You’ve finally capitulated, haven’t you?” joked my business partner. He and I laugh at the fact that he’s a bear and I’m a bull. It works for us. And when either of us become too negative or positive on the market, we weigh the pros and cons. “Yep.” I said. “Despite the fact that you know that I’m a bull and that I’ve been writing and advising of this correction for some time now, I really feel that I’ve experienced the shift today. There’s no going back now.”A lot of equity’s going to be lost.

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Why Being Pound Wise and Not Penny Foolish May Pay Off

April 16, 2009

The stalemate is ending. We have just summitted a mountain of transactions and have been sliding down the other side, as represented in CoStar’s chart showing national sales volumes for office properties.

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Greater Boston Office Suburb Appeal

March 2, 2009

Budget relief can come in many forms, and smart companies are taking a close look at the details to save on spending. Technology companies in Boston are no exception.
There’s not much they can do about insurance costs, real estate taxes, and payroll, so what gives? Perhaps savings can be found in the monthly cost [...]

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