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
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