Commercial real estate can be an unforgiving industry. In 2016 alone, a study showed 97.8 million square feet of retail space was vacated in the United States. It can be hard when it’s time to sell, so you want to make sure you price your property accurately. You can’t make deals based upon your emotions. That […]
Continue readingCould you be among those who think finding a professional commercial real estate broker is a walk in the park? If you are, then its time you think otherwise. Sadly, some commercial real estate brokers use other people’s credentials to open their business. Maybe you are asking how they pay their elegant offices, luxurious cars, […]
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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 […]
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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 […]
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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 […]
Continue reading MANSARD Commercial Real Estate Property Sales – Massachusetts & New Hampshire’s Insight Read Original Article
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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 […]
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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 […]
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Massachusetts’ economy is quite strong, especially when compared to the nation as a whole. According to the Bureau of Labor Statistics, the nationwide unemployment rate is hovering around the five percent mark. The hot Massachusetts job market has fueled a spike in hiring that has driven the unemployment rate down to 3.6 percent. This figure […]
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