Category: Insights

The Boulos Company Releases New Hampshire’s COVID Office Impact Survey Entitled: Where is New Hampshire Working?

March 25, 2021

The Boulos Company has released its “Where’s New Hampshire Working?” survey which explores the impact of COVID-19 on the commercial office market. The survey, conducted December 2020 through February 2021 provides a snapshot of the local response to the pandemic. More than 60 New Hampshire professionals from a range of industries answered questions about working from home, productivity, office reentry plans, and more.

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Spring 2021 N.H. Seacoast Market Report

March 26, 2021

In the past month, an optimistic undertone is starting to creep into conversations with clients, family, and friends. The usual anticipation of spring has a whole new meaning this year when coupled with the vaccination rollout and being able to point to progress on the battle against COVID-19.

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The 2021 Greater Portland Office Market Overview

February 11, 2021

It should be no surprise to anyone that the Greater Portland office market was affected by the pandemic in 2020. When The Boulos Company began our annual market survey of 12 million square feet across 350 Class A and Class B office buildings, we didn’t know what to expect.

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Neighborhood Spotlight: Outer Forest

March 26, 2021

Once a hub for gas stations and automobile service centers, the Forest Avenue corridor has become a heavily-trafficked gateway to downtown Portland, home to restaurants, retailers, nonprofits, and more. Off-peninsula neighborhoods, such as Forest Avenue, have become a draw for businesses seeking relief from expensive downtown rents. For at least a decade, Forest Avenue and Woodford’s Corner…

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The 2021 Greater Portland Industrial Market Update

January 27, 2021

The 2020 overview of Maine’s industrial market looks a lot like 2019’s—strong tenant demand, lack of supply, and an incredibly sought-after investment market. But there is one notable difference. Demand increased even more in 2020, due to COVID-19.

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Workplace Re-entry in Maine

Re-Entering the Workplace: What is the Best Strategy for Your Business?

December 28, 2020

The Boulos Company has been on the frontlines of commercial real estate since 1975. We have been helping businesses to make smart real estate decisions ever since then. In the wake of COVID-19, we have developed a step-by-step approach to help businesses to understand the effect of COVID-19 on their space, to get the most out of their staff, and to spend their money effectively. In our recent COVID Office Impact Survey, we asked 150+ professionals in Maine what their plan was to re-enter the workplace. Of the responses we received, far too many indicated “I don’t know.” This pushed our team to shed light on this topic. In doing so, we aim to arm tenants, owners, and landlords with the information necessary to plan for the road ahead. Below are a few steps we would take to help you make a plan for your business.

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Portland Referendum Spotlight: Minimum Wage and Rent Control

December 9, 2020

Author:  John Finegan, Associate The below was written as a cheat sheet for two referenda that will have an immediate impact on Portland business owners and landlords, Minimum Wage and Rent Control. The goal of this cheat sheet is to give readers a brief synopsis of these referenda and how they function, and present the information in a more palatable … Continue reading Portland Referendum Spotlight: Minimum Wage and Rent Control

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How COVID-19 Affected Commercial Lending

November 17, 2020

  In many ways, the beginning of 2020 was the best of times for commercial lenders – stable rates, lots of deal flow and few loan delinquencies. That would quickly deteriorate by March/April due to the worldwide Coronavirus pandemic, to one of the worst public health and economic crises in modern history. “Coming into the pandemic, the bank was busier … Continue reading How COVID-19 Affected Commercial Lending

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“Winter is Coming” for Al Fresco Dining in Maine

October 27, 2020

If the title of the article didn’t give it away, I am a big fan of HBO’s hit show Game of Thrones. The Starks of Winterfell were known for a saying that always came true in the story’s fictional setting of Westeros, as it does in the beautiful state of Maine, and that is: “winter is coming.”

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October 26, 2020

For a lot of business owners and managers, leasing commercial space for their business is a giant step and a largely unknown process. Embarking on a search for the perfect new location for your business can be overwhelming.

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The State of Retail: Permanently Damaged or Poised for a Comeback?

September 21, 2020

Among other things, 2020 has provided plenty of alarming headlines surrounding the state of the retail market. Perhaps what stands out the most to me is the growing number of bankruptcies among some of the country’s most established brands, including: J.C. Penney, Neiman Marcus, GNC, Lord & Taylor and Stein Mart.

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Sale Leaseback

August 31, 2020

The last five months have been challenging for businesses. In the blink of an eye, people stopped traveling, gathering, shopping in brick and mortar stores, meeting friends for a coffee or a beer, skiing, going to yoga classes and reuniting at weddings. These changes have had an impact on each of us, but they also had a big impact on … Continue reading Sale Leaseback

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