What do you want/need in the region for business?

SAMIAM · 08-26-2010, 08:35 AM

To answer your question,FLL.....People are very wary of starting a new business or expanding and existing one because no one knows what the future holds with taxes.Obama care looms,He also wants to let the Bush tax cuts end which will result in a huge increase.Trillions in deficits....huge slump in home sales,retail sales are stagnant....sorry to paint a bleak picture but people in business are not looking to expand,we are circling the wagons for tough times ahead.

fatlazyless · 08-26-2010, 08:53 AM

Cross Point is a Massachusetts company, managing Massachusetts shopping malls, so most likely they figured what worked for them in setting commercial rent in Mass could be used in New Hampshire. As you say Samian, the macro-U.S.-economy is struggling to recover, and the micro-local economy is seasonal Meredith.

So's, the answer is pretty obvious, we all need to go get a job working for the public sector, which includes the schools, local, county, state, and federal governments and everyone will go home happy at the end of each day's work.

Anyway, after 21-months of vacancy, maybe Cross Point cannot consider lowering the rent because the cash flow would not be enough to cover their mortgage......or something like that?

Dr. Green · 08-26-2010, 09:20 AM

Cross Point has a certain clientele in mind, and is not very flexible. Twice I have tried to rent a space in the plaza (a smaller space) and both times, after a tour and interview and promise to get back to me, they never did. The rent was pretty high (which may be another reason why they are not attracting tenants) but given that I was willing to pay it, it was a surprise they did not get back to me (or return my phone calls).

fatlazyless · 08-26-2010, 10:55 AM

www.nh.gov/liquor/stores.shtml or www.dollartree.com come to mind as two possible tenants who could probably make the large empty storefront, next to the Rite Aid, work? The space is so large, it might be big enough for both stores at the same time.

winniplayhouse · 08-26-2010, 01:53 PM

Though it would be nice to see a small, local business go in there, I can't imagine who would be able to take that risk. If it's going to be some kind of chain, I could see a Panera doing well there.

Lucky1 · 08-26-2010, 04:25 PM

Quote:

Originally Posted by fatlazyless

www.nh.gov/liquor/stores.shtml or www.dollartree.com come to mind as two possible tenants who could probably make the large empty storefront, next to the Rite Aid, work? The space is so large, it might be big enough for both stores at the same time.

Loved the Dollar Tree or the Dollar store in Plymouth. Got all kinds of Disney things there for kids for a trip to Disney. Much cheaper to buy a few things there for time in the hotel rooms and lines and restaurant waits.

08-26-2010, 08:53 AM	#2
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,919 Blog Entries: 1 Thanks: 305 Thanked 1,054 Times in 767 Posts	Cross Point is a Massachusetts company, managing Massachusetts shopping malls, so most likely they figured what worked for them in setting commercial rent in Mass could be used in New Hampshire. As you say Samian, the macro-U.S.-economy is struggling to recover, and the micro-local economy is seasonal Meredith. So's, the answer is pretty obvious, we all need to go get a job working for the public sector, which includes the schools, local, county, state, and federal governments and everyone will go home happy at the end of each day's work. Anyway, after 21-months of vacancy, maybe Cross Point cannot consider lowering the rent because the cash flow would not be enough to cover their mortgage......or something like that? __________________ .... Banned for life from local thrift store!

08-26-2010, 10:55 AM	#4
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,919 Blog Entries: 1 Thanks: 305 Thanked 1,054 Times in 767 Posts	www.nh.gov/liquor/stores.shtml or www.dollartree.com come to mind as two possible tenants who could probably make the large empty storefront, next to the Rite Aid, work? The space is so large, it might be big enough for both stores at the same time. __________________ .... Banned for life from local thrift store!

08-26-2010, 08:35 AM	#1
SAMIAM Senior Member Join Date: Apr 2004 Location: Moultonborough Posts: 2,924 Thanks: 350 Thanked 1,693 Times in 595 Posts	To answer your question,FLL.....People are very wary of starting a new business or expanding and existing one because no one knows what the future holds with taxes.Obama care looms,He also wants to let the Bush tax cuts end which will result in a huge increase.Trillions in deficits....huge slump in home sales,retail sales are stagnant....sorry to paint a bleak picture but people in business are not looking to expand,we are circling the wagons for tough times ahead.

The Following 4 Users Say Thank You to SAMIAM For This Useful Post:
CGI3 (09-11-2010), ishoot308 (08-26-2010), Pontoon Goon (08-26-2010), Ropetow (08-29-2010)

08-26-2010, 09:20 AM	#3
Dr. Green Member Join Date: Mar 2009 Posts: 38 Thanks: 0 Thanked 3 Times in 3 Posts	Cross Point has a certain clientele in mind, and is not very flexible. Twice I have tried to rent a space in the plaza (a smaller space) and both times, after a tour and interview and promise to get back to me, they never did. The rent was pretty high (which may be another reason why they are not attracting tenants) but given that I was willing to pay it, it was a surprise they did not get back to me (or return my phone calls).

08-26-2010, 01:53 PM	#5
winniplayhouse Senior Member Join Date: Sep 2004 Posts: 205 Thanks: 32 Thanked 58 Times in 41 Posts	Though it would be nice to see a small, local business go in there, I can't imagine who would be able to take that risk. If it's going to be some kind of chain, I could see a Panera doing well there.

The Following User Says Thank You to winniplayhouse For This Useful Post:
Lucky1 (08-26-2010)