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6 Main Sectors: -Multi Family -Office-Retail-Industrial -Specialty-Land
So what is considered CRE?
So, What do I do to make $$$
Help people and business : Sell- Buy- Lease- Invest in CRE
Factors affecting CRE---- Economy- Employment- Access to Capital- Supply and Demand
BOSTON OFFICE Vacancy 10.3%-14.4% Rents: slightly up average depending on area Seaport $31 Financial District $35 Back Bay $50 Cambridge $38
BOSTON RETAIL TRENDS: Vacancy down 4.3%- 5.8% Rents up depending on type and location Cambridge vacancy below 1% rents $38 - $95
OFFICE INVESTMENT 2nd Q $473M down from $1B in 1rst Q but Up $500M from last year!
RETAIL INVESTMENT $165m in 2nd Q up from $77M in 1rst Q
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