After a strong 2018, signs of weakening in commercial real estate?

HIGH PRICES: Mike Giuttari, president of Providence-based commercial real estate brokerage firm MG Commercial, said because demand for commercial real estate is so high in the Greater Boston market and because the Rhode Island market is so close, contractors can charge high prices and if they don’t get them in the Ocean State, they can take their business to Boston. / PBN FILE PHOTO/RUPERT WHITELEY
HIGH PRICES: Mike Giuttari, president of Providence-based commercial real estate brokerage firm MG Commercial, said because demand for commercial real estate is so high in the Greater Boston market and because the Rhode Island market is so close, contractors can charge high prices and if they don’t get them in the Ocean State, they can take their business to Boston.
 / PBN FILE PHOTO/RUPERT WHITELEY
Living in the shadow of a giant can be difficult. Just ask those on the business end of Greater Providence’s commercial real estate market. For them, the looming giant is the Greater Boston market. “The Boston market is booming – that’s part of the problem,” said Mike Giuttari, president of MG Commercial, a commercial real…

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