Construction Costs – 2023 Outlook     By Chris Romano | Associate       The cost of construction has been a hot-button topic in the commercial real estate and development discourse for several years now. The industry has experienced skyrocketing prices in nearly every facet of the business (labor, materials, insurance, etc.) and the effect has been felt in … Continue reading Construction Costs – 2023 Outlook

Filling the Grocery Gap: The Need for a Small Market in Portland’s Central Business District     By Reese McFarlane | Associate       Portland, Maine is quickly becoming the go-to destination for people looking for a charming and vibrant community. With its stunning waterfront and delicious food scene, it’s no surprise that more and more people are choosing … Continue reading Filling the Grocery Gap: The Need for a Small Market in Portland’s Central Business District

    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 2023 Maine Industrial Market Outlook     By John Rizzo, SIOR | Partner, Broker         Has supply met demand? Has demand softened? It’s a bit complicated right now. We are still living in a market with an approximate two percent vacancy rate for the industrial sector. With that said, we are also living in a new … Continue reading The Maine Industrial Market Outlook 2023 Update

2022 Transaction Highlights I-93 / Route 3 Corridor     By Michael Tamposi | Partner         2022 proved to be another busy year with lots of activity. The lack of inventory being “on the market” did not slow transactions down. Investors and users were both busy acquiring off-market properties. We have highlighted a sample of transactions from … Continue reading 2022 Transaction Highlights I-93 / Route 3 Corridor

New Hampshire Seacoast Office Market     By Kent White | Principal Broker, Partner         It is impossible to discuss the office market today without considering the past three years since COVID -19 effectively “paused” the office market. During 2020 and 2021, there were many predictions of doom and gloom for the office market. In some parts … Continue reading New Hampshire Seacoast Office Market

I-93 / Route 3 Office Market Update – 2023     By Roger Dieker | Managing Broker, Partner         The New Hampshire I-93/Route 3 Office Market continued to surprise the Covid-19 naysayers by remaining steady in both vacancy (7.6%) and lease rate ($14.33/SF NNN). All of which happened in the face of the continued expansion and success … Continue reading I-93 / Route 3 Office Market

Six Noteworthy Downtown Portsmouth Developments Projects     By Katherine Gemmecke | Associate         Over the last several years in this annual publication, we’ve highlighted up-and-coming development projects in the Seacoast. Since our last in-depth update for Portsmouth in our 2019 Market Outlook, we thought it was time to circle back and take a look at active … Continue reading Six Noteworthy Downtown Portsmouth Development Projects

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

New Hampshire I-93 / Route 3 Corridor Industrial Market Outlook: 2023     By Christopher Healey | Partner       2022 proved to be a year of not only sustained, but reinforced trends throughout the Southern NH Industrial Market. Trends surrounding a few key metrics further tightened the industrial market to a point where securing space is no small … Continue reading I-93 / Route 3 Industrial Market Overview

2022 Transaction Highlights I-95: Corridor, Portsmouth, & Seacoast NH     By Caitlin Burke | Senior Associate         The Boulos Company’s Seacoast New Hampshire office, located in Portsmouth, experienced one of its best years since the branch opened over 20 years ago. Even with a severe lack of inventory and very minimal options listed on the market, … Continue reading 2022 Transaction Highlights I-95 Corridor / Seacoast, NH

How To Relocate Your Maine Business In 2023     By Cameron Foster | Associate Broker         Historically, transitioning to a new space has always been a complex process, as it requires planning, organization, and diligence. Welcome to 2023, where thanks to everything from global supply chain issues to rising inflation and other costs, each piece of … Continue reading Relocating Your Business In 2023