A Commercial Real Estate Viewpoint

David Begelfer's perspective on commercial real estate affairs

Appeared in Boston Real Estate Times – January 7, 2019 NEEDHAM, MA—For the last 27 years, David Begelfer led NAIOP Massachusetts and served as an effective advocate for the state’s commercial real estate industry. “I am very proud of all that has been accomplished over my time leading NAIOP Massachusetts. We have developed exceptional programming,
Everyone talks about the weather, but no one does anything about it! The same goes for congestion. Until now! Greater Boston has been experiencing one of the greatest booms in job creation, along with record housing and commercial development. However, the price we all have to pay for this is the traffic congestion that comes

My Predictions for 2019

If the Greater Boston market is still looking so strong, why is everyone worried?  Here are my predictions for 2019! 1. Wayfair will double their occupancy in Boston. 2. Boston and Cambridge Office rental rates will rise to record levels for new space surpassing $120psf. 3. Apartment rental rates will be flat. 4. WeWork will
1. When will there bean economic downturn?  Actually, we will probably experience a slow down before we hit the next recession. In terms of development activity, our “success” is hurtling us towards a regional inflationary period, with land costs and construction costs leading the way. Prices are accelerating with a relatively fixed construction labor pool,
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