Salem’s new Costco is complete, parking lots of our area’s shopping centers are largely full and our residents are seemingly back to normal following a Covid-induced slide in many retail sectors – particularly dining.   There’s certainly more than meets the eye, which has never been more true than now in the retail sector of commercial real es…

CURT ARTHUR, SIOR 

OFFICE MARKET | SVN COMMERCIAL ADVISORS LLC 

Office absorption in Salem turned sharply negative during the pandemic-induced second and third quarters of 2020. Since then, sharp swings in occupancy have been prevalent, as tenants sort out space needs heading into the post-pandemic era. In Q2, 2021, the bulk of the leasing ac…

Preparing to Sell Each owner who seeks to sell his or her closely held business needs to be well prepared before attempting to do so. Smart preparation entails advance planning and the assemblage of critical information about the business, its personnel, and its markets. Careful preparations help a business defend its stated value in the marketplace and mitigate against the a…

    And they’re off!   On March 18, Maryland became the first state to suspend its gas tax to help its citizens cope with soaring prices at the pump. Hours later, Georgia did the same. Florida has passed legislation to do this as well, although drivers will have to wait until October to see any savings. Connecticut became just the fourth state to …