Category: Insights
Seacoast Commercial Real Estate Transactions: 2023 Update
February 22, 2024
2023 Seacoast Commercial Real Estate Transactions By Katherine Gemmecke | Senior Associate Much like everyone in the commercial real estate industry, the Seacoast New Hampshire team faced various challenges in 2023, primarily stemming from limited inventory and fluctuating interest rates. Nevertheless, our team showcased both creativity and persistence resulting in a strong finish to the … Continue reading Seacoast Commercial Real Estate Transactions: 2023 Update
read moreI-93 / Route 3 Industrial Market Overview
March 7, 2023
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
read more2022 Transaction Highlights I-95 Corridor / Seacoast, NH
March 7, 2023
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
read moreRelocating Your Business In 2023
March 3, 2023
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
read moreMaine’s Housing Shortage Conundrum
March 3, 2023
Maine’s Housing Shortage Conundrum By John Finegan | Associate Broker Like many states across the country, Maine has a housing crisis. The ripple effects of COVID and the needs of asylum seekers have created an influx of people coming to Maine. Simultaneously, the average number of people per household is shrinking, and this exacerbates … Continue reading Maine’s Housing Shortage Conundrum
read moreLife Science And What It Means For Maine CRE
March 3, 2023
Life Science And What It Means For Maine Commercial Real Estate By Sasha Bogdanovics | Associate We’ve all heard the buzz around “life sciences” and the industry’s anticipated growth in Maine. When the Roux Institute opened in late 2020, interest and speculation around what it would mean for Maine heightened, and judging by the … Continue reading Life Science And What It Means For Maine CRE
read moreMaine’s Shifting Supermarket Landscape
March 3, 2023
Maine’s Shifting Supermarket Landscape: 2023 Retail Market Update By Joseph Italiaander | Associate Broker While retail had its fair share of struggles in 2022, the sectors year was highlighted by the strength of the supermarket and the supermarket-anchored shopping center. On a national level, the large national supermarket players, including Whole Foods, Kroger, Ahold … Continue reading Maine’s Shifting Supermarket Landscape
read moreMaine Property Conversion And Adaptive Reuse
March 3, 2023
Maine Property Conversion And Redevelopment: 2023 Update By Brice O’Connor | Broker Evaluating property, not on what it is today but rather its long-term potential, has long been a pillar of commercial real estate investing and development. Consider the vast changes in commercial real estate sectors that we’ve seen in recent years. Industrial, multi-family, … Continue reading Maine Property Conversion And Adaptive Reuse
read moreOffshore Wind: The Next Driver Of Maine’s Economy?
March 3, 2023
Offshore Wind: The Next Driver Of Maine’s Economy? By Claire Richardson | Associate Broker From national to local levels, government contributions towards offshore wind efforts in 2022 were among the most extensive we’ve seen, making offshore wind—expected to become a $1 trillion industry by 2040—one of the largest economic opportunities in Maine’s history. The … Continue reading Offshore Wind: The Next Driver Of Maine’s Economy?
read moreLewiston-Auburn Market Outlook 2023
March 2, 2023
Lewiston-Auburn Market Outlook: 2023 By Noah Stebbins | Associate Broker 2022 proved to be another exciting year for commercial real estate in Lewiston-Auburn, with numerous development projects and new tenants entering the market. With a potential recession looming, it’s difficult to predict how the market will be impacted; however, let’s begin on a positive … Continue reading Lewiston-Auburn Market Outlook 2023
read moreMaine Real Estate Forecast 2023
March 3, 2023
Portland, Maine Office Market Predictions for 2023 By Greg Boulos | Senior Partner By Samantha Marinko | Associate OVERVIEW Based on our analysis of historical figures and recent market trends, we believe the office market will see an increase in vacancy rates over the next one to three years. This will … Continue reading Maine Real Estate Forecast 2023
read moreCentral Maine Market Update 2023
March 2, 2023
Central Maine Commercial Real Estate Market Update: 2023 By Nick Lucas | Broker By Chris Romano | Associate AUGUSTA Despite economic turbulence over the past twelve months, public and private money has spurred continued investment in the state’s capital city. Prior to the pandemic, Augusta seemed poised to springboard on a budding … Continue reading Central Maine Market Update 2023
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