MANSARD Commercial Real Estate Blog

Explore MANSARD Commercial Real Estate Sales’s latest blog posts, expert advice, news, and commentary.

5.5 Tips for How to Sell Commercial Real Estate Fast

How to sell commercial real estate fast
Want to find out how to sell commercial real estate fast? Here are 5.5 tips that make sure you cover what’s critical to your sale. Tip #1 Call your real estate attorney and order your title immediately. Your title report may take anywhere from 7-10 days to arrive, so it’s critical to get this done today. Tip #2 Update your environmental survey if older than 6 months. Any well-paying buyer’s going to want to make sure they’re helping you to sell your commercial real estate fast will want to ensure they’re not buying an environmental nightmare. These reports can take...

Fed Raises Interest Rates, CRE Sector Shrugs It Off – Boston Commercial Real Estate Market Trends

MANSARD Commercial Real Estate Property Sales's Insight
As the Federal Reserve Bank moves to increase its key short-term rate, most commercial real estate investors expected the increase and have priced the change into their market valuations. This means that Greater Boston Commercial Real Estate Market Trends are accounting for the increased cost of capital today in adjustments to acquisition and disposition capitalization rates as well as optimism around inflation in the economy driven by positive GDP, which may ultimately result in rent growth and help to buoy investment valuations against a rising cost of capital marketplace. MANSARD's boston commercial real estate market trends tip: watch the debt rate and its corresponding relationship to acquisition cap rates in the next 12 months. Buyer pricing will be increasingly sensitive to the cost of borrowed funds as will their estimates for exit cap rate valuation in their discounted cash flow models.

Article Excerpt:

As expected, the Fed ups rates. Commercial real estate doesn't think it's a big deal.  

Steward Health Care Property Sold for $23.5M – Norwood MA Commercial Real Estate Trends

MANSARD Commercial Real Estate Property Sales's Insight
The sale of this Steward Healthcare tenanted medical office property illustrates the strength of the Norwood, MA commercial real estate market as well as investor demand for large, hospital-centric healthcare providers in Massachusetts. The property sold for $23.5M, which represented a price of $254/SF.

Article Excerpt:

A Norwood medical building anchored by Steward Health Care has been sold for $23.5 million. The building is located at at 825 Washington St. See it on, via Commercial Real Estate in Boston

New $30 million financing for 3-property Burlington MA commercial real estate portfolio

MANSARD Commercial Real Estate Property Sales's Insight

The recent Blanchard Woods financing shows the resilience of the expanding Burlington office space market as this new $30M package closed. Blanchard Woods will benefit from an 11-year fixed rate loan with Nationwide Life Insurance Company.

Article Excerpt:

BOSTON – Holliday Fenoglio Fowler, L.P. (HFF) announced $30 million in financing for Blanchard Woods, a three-property office portfolio totaling 194,421 square feet in the suburban Boston community…

The Davis Companies Sells $55M Class A Building in Burlington MA Commercial Real Estate Market

MANSARD Commercial Real Estate Property Sales's Insight

The Davis Companies' recent sale of 67 South Bedford Street in Burlington, MA demonstrates the expanding demand that investors are placing on Burlington MA commercial real estate opportunities. 67 South Bedford Street sold for $55,500,000 or $313/SF, which places it above the 12 year average price for office space in the Burlington Ma commercial real estate market.

Article Excerpt:

Boston— NKF Capital Markets has completed the sale of 67 South Bedford Street in Burlington, MA to one of Anchor Health Properties’ existing institutional joint ventures. On behalf of The Davis Companies, NKF Capital Markets Vice Chairman Edward Maher, Executive Managing Director Matthew Pullen, Managing Director Michael Greeley, Director James Tribble and Associate Director Samantha Hallowell of the Boston office, which is led by Co-Head of U.S. Capital Markets Robert Griffin, oversaw the transaction of the Class A medical/office building.

Jeremy Cyrier, CCIM Featured on WHDH Channel 7

Due to the recent gas explosions, Governor Baker held a meeting in Andover, MA on Wednesday September 19th. The purpose of the meeting was to discuss the impact brought upon local business owners in the area due to the recent destruction to residential and commercial properties. Jeremy Cyrier, CCIM was one of the local business owners who attended and was later interviewed by WHDH Channel 7 News. Jeremy briefly touched upon the immense impact this disaster has caused to business. The commercial real estate industry is just one those impacted among the local businesses in the Merrimack valley. Comparable to...

Suburban Developers Not Deterred By Push To Be Downtown – Boston Commercial Real Estate Market Trends

MANSARD Commercial Real Estate Property Sales's Insight

Boston commercial real estate market trends continue to point to increasing densification and development of the urban core. However, developers are not dissuaded by the trend, that sharing that the current state of boston's commercial real estate market trends may not last forever as companies begin to search for value, amenities, and commutability along Routes 128, 93, and 495.

Article Excerpt:

Despite an ongoing building boom in places like the Seaport and East Cambridge, not all is down and out in Boston’s suburbs. Developers there say their own boom is simply overshadowed.

Decreasing Cap Rates Aren’t Scaring Off Investors

The future in industrial real estate seems to be strong if the indicators like the average cap rate mean anything about where markets may be headed.  Cap rates continue to drop with the national average being 5.4% for class-A+ products compared to 5.6% for the similar market items the previous year.  In Los Angeles, the average is down to 3.8%.  All of this indicates that even though the profit margins may not be great, solid profits can still be found in these investments. Many investors are looking to Gateway Cities to find their investments.  In recent years—and right now—there has...

Why Not Build Up Areas Around Gateway Cities?

There are 13 Gateway Cities around—cities around Massachusetts that are currently struggling, but which could turn out to be important cogs to their regional economies.  Many believe the way to turn those economies around might be found right in those cities.  Right now, there is a lot of vacant land, or land that is not properly utilized in those areas that are close to commuter rail stops.  It is estimated that there could be 140,000 residents and workers added to these areas which would mean more jobs and more riders on commuter rail. These 13 Gateway Cities could house 230,000...