Category Archives for "Buying"

How to find buyers for a commercial property

Finding buyers for a commercial property often begins on Google but ends up providing limited information. I am Jeremy Cyrier, CCIM and I am an expert commercial real estate advisor who helps owners sell their multi-million dollar commercial properties with confidence in the market. I help high value commercial real estate owners who have difficulty [...] Continue reading

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 […]

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 […]

Mixed Messages in the Retail Market?

There continue to be many store closures and bankruptcies in the retail market, but the overall vacancy rate of these spaces hasn’t yet spiked. Reis, a real estate research firm has optimistically reported that even though there have been more stores closings, the retail vacancy rate has not and is not expected to rise. There are various reasons […]

Commercial Real Estate Is Still Viewed as a Good Investment

The RealtyShares group recently conducted a survey of more than 2,000 Americans. The focus of the survey was commercial real estate investment and the responses show that even those who feel they cannot currently invest in real estate at this time, they believe these are important investments, and there is a lot of optimism about [...] Continue reading

Stony Brook Office Park in the Waltham Office Market in the Process of Being Sold

The Stony Brook Office Park, in the Waltham office market, is in the process of being purchased by Jumbo Capital and Sound Mark Partners. This property is 270,000 square feet and is selling for about $80 million or almost $300 a square foot. As the old saying goes about the location is the most important [...] Continue reading

New Tenants in the Burlington Office Market

Once again, changes are coming to the Burlington office market as new tenants are moving in. Gutierrez Co. has leased more than 26,000 additional square feet of space located in its three-building campus. Two of the new tenants are CityFacilities Management which leased just over 7,000 square feet, and Center for Individual Opportunity which has [...] Continue reading

No Room for the Endowment Effect in Successful Commercial Real Estate Ventures

No matter the situation, people are often reluctant to sell something they already possess for a relatively simple reason—they already possess those items. This is called the Endowment Effect and was explained by Richard Thaler, a behavioral economist. Thaler wrote a paper in 1990 about an experiment in which people were given a relatively cheap [...] Continue reading