2024 Maine’s Capital Market Outlook     By Chris Paszyc, CCIM, SIOR | Partner, Broker       In 2024, despite all current indications of a successful Fed-piloted “soft landing” we predict the commercial real estate investment volume to fall year-overyear, continuing the downtrend that started in 2022. However, the State of Maine will out perform the national averages and … Continue reading 2024 Maine’s Capital Market Outlook

Portland ME’s 2024 Office Market Outlook     By Nate Stevens | Partner, Designated Broker DECEMBER 2023 When the Great Recession hit the office leasing market in 2008-2009, there was an initial sharp increase in the Greater Portland vacancy rates which continued to trend upward over four years until rates started to decline in 2013. Many companies were committed to … Continue reading Portland Maine’s Office Market Outlook 2024

The Manchester/I-93/Route 3 Corridor New Construction 2024 Update     By Michael Tamposi | Partner       In 2023, a number of noteworthy projects have either reached completion or are currently in progress. Traditionally, new construction activity in Southern New Hampshire has primarily catered to end-users. However, this past year has witnessed a shift, with several projects being undertaken … Continue reading Manchester New Hampshire New Construction Update: 2024