By Christian Stallkamp | Senior Partner, Broker       If you’ve been keeping up with current events, you may have noticed a shift from concerns about the banking sector to worries about the commercial real estate industry, specifically the office market. However, it’s important to note that the New Hampshire Seacoast office market is not comparable to … Continue reading Rising Office Vacancies Can Create An Opportunity For The New Hampshire Seacoast

The Seacoast-Portsmouth Office Market: 2024 Update     By Christian Stallkamp | Senior Broker, Partner       2023 represented a fundamental shift in the commercial real estate landscape, including office space on the New Hampshire Seacoast. The blistering pace at which companies had been working, with a combination of remote work over the past few years, slowed down following … Continue reading Portsmouth, NH Office Market Update: 2024

New Hampshire Seacoast Industrial Market Outlook: 2023     By Christian Stallkamp | Senior Broker, Partner       2022 has proved to be another challenging year for the Seacoast Industrial Market. Vacancy rates remain extremely low, construction pricing remains high, and economic indicators are ambiguous. The consensus in the commercial real estate industry is that these challenges will continue … Continue reading New Hampshire Seacoast Industrial Market Outlook

The numbers are in, and the Seacoast New Hampshire office vacancy rate remained relatively flat from 2020. The year-end 2021 average vacancy rate is 10.9% versus 10.6% in 2020, while the 2019 “pre-COVID” vacancy rate was 7.3%. For comparison, the national office vacancy rates were 9.6% pre-COVID in 2019 while increasing to 10.0% and to 12.2%* in 2020 and 2021, … Continue reading Seacoast Office Market Overview

Christian Stallkamp, Senior Broker Originally featured in our 2021 Seacoast New Hampshire Market Outlook. The Seacoast New Hampshire industrial market remains extremely tight, and this trend will continue for the foreseeable future even with the uncertainty of the COVID-19 pandemic. The 2020 year-end vacancy rate for industrial space in the Seacoast is 3.9%, dropping from 5.7% in 2019. This remarkably … Continue reading Seacoast Industrial Market Overview 2021

  Looking back at my presidents message in March, I spoke about the need to be able to adjust in commercial real estate, with my direct quote being “you may never know what the next day / week / month will bring.” As I look back at that sentence I don’t think I could have even begin to have imagined … Continue reading No Doubt Our Industry Will Be Changed