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The story of the day on Sept. 15, 2012, for the Boston, New England and New Jersey markets continues to unfold. Some of these markets have already seen the biggest and strongest sales numbers in over a few years, but that has not stopped them from becoming a key selling point, one that has shifted the fortunes of the entire economy.
I have often suggested that the rise in sales will be fueled by the emergence of new businesses: In fact, I have found that for people who know their market well, it is very helpful to know where the best locations are on the map, where sales are to be made. With our high rate of sales, there is an enormous amount of room to grow.
But let's focus on the Boston region. There are many other markets that will not be affected by this.
I believe, for example, that the only place that is not affected is the suburbs. They are the very best, and because they have high vacancy rates they are well positioned. Those areas are often well-suited for sales as opposed to retail.
So if you've got an opportunity to fill that vacancy right now, look for that. If you don't have the chance to sell that area right now, let's put some serious pressure on them too. If you're looking for something with a high vacancy rate, let's look for places where you
