Who could have come close to predicting 2020? 2021 will certainly be a tough call, but here are my predictions: By the end of the year, rents will be up and vacancies down for warehousing, suburban apartments, and lab space. Lower rents and higher vacancies for retail, hotel, and downtown office. With no
By Catherine Carlock – Real Estate Editor, Boston Business Journal, Nov. 9, 2020 David Begelfer, principal of CRE Strategic Advisors, says “The likelihood of another stimulus bill, a clear and rational Covid response, and a long-overdue infrastructure bill will all bring investment and predictability to the markets. The likelihood of a tax increase and the loss of the
The following OpEd appeared in the October 30, 2020 edition of the Boston Business Journal. The Coronavirus has become the stress test for many industries, both for profit and nonprofit. Those businesses that were struggling before the start of this worldwide pandemic are now dealing with existential questions about their future. Nowhere is this more
The following editorial ran in the Boston Business Journal November 29, 2019. The Commonwealth, and many of its municipalities, are playing a dangerous children’s game called “Buck-buck”. This is a game played with a group of players climbing on the backs of a group at the bottom, in order to build as large a pile
My predictions for 2019 were not good enough for me to provide them here for review (although, I did call for Tiger Woods to win a major!) So, for 2020, I see the following: Office rent growth will slow in Boston’s suburban markets, but continue to accelerate for industrial properties. Life Sciences will lease
Gray Gray & Gray, Stories of Entrepreneurship, October 2, 2019 “Navigating The Real Estate World For Institutions” with David Begelfer of CRE Strategic Advisors Guest: David Begelfer – CRE Strategic Advisors Interviewer: Jeffrey Davis of MAGE LLC and Rich Hirschen of Gray, Gray & Gray Podcast: Play in new window | Download
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
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,
This letter to the editor originally appeared in the Boston Business Journal on September 20, 2018. A report was recently issued from the Institute for Policy Studies that has attracted significant media coverage and editorials from virtually all of the local print and broadcast outlets. It’s a great story: the ultra-rich, international money launderers have descended
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