907-463-4800
110 Seward Street, Suite One Juneau AK
carltonsmith@gci.net

News

April 2022

MAJOR TOURISM RETAILERS AND SOME OPERATORS ARE NOW PRIVATELY WEIGHING IN ON THE OUTLOOK FOR 2022 SAYING THAT IT’S NOT GOING TO BE THE BOOM SEASON THAT THE MAJOR CRUISELINES PREDICTED.    Late last year, industry...
Read more

Spring 2022

ANNUAL SURVEY OF TOURISM RETAIL VACANCIES SIGNALS CONTINUED WEAKNESS IN DOWNTOWN TOURISM RETAIL.  While major tour companies announce record bookings that could see the 2022 season the best to date, we’ve completed our annual survey...
Read more

Winter 2022

THE LARGEST COMMERCIAL OFFICE SPACE SALE IN THE HISTORY OF JUNEAU IS COMPLETED IN DECEMBER.   The acquisition of over 92,000 square feet of office space in two buildings was closed in early December.  The buildings,...
Read more

Winter 2021

THE OUTLOOK FOR THE REGIONAL ECONOMY IN  2016 WAS  “FLAT TO DECLINING”…AND NOW?? For years, in-state economists have charted the almost meteoric rise of population and the economic sectors of Anchorage and the Mat-Su valley,...
Read more

June 2021

MILL RATE SEES REDUCTION BY THE ASSEMBLY. The Juneau assembly made the decision recently to reduce the mill rate.  Following a rain of public criticism of the CBJ’s decision to raise commercial assessments recently, the...
Read more

Spring 2021

ROCK BOTTOM COMMERCIAL RATES MOTIVATE SMART BUILDING OWNERS.  AIDEA, Alaska’s leading subsidized lender is now offering commercial rates that have fallen below 4%–almost mirroring the 2020 precipitous fall in residential mortgage rates.  The program, which...
Read more

February – March 2021

GOVERNOR DUNLEAVY’S FY2022 BUDGET CALLS FOR THREE MAIN ELEMENTS TO BE IMPLEMENTED The FY2022 budget created in December is making its way through the 2021 legislative session.  It calls for stabilizing Alaska’s economy, passing an...
Read more

November 2020

LEASE SURVEY REVEALS WEAKNESS IN DEMAND FOR JUNEAU OFFICE SPACE.  The owner of a major office building in Juneau tasked a Seattle based appraiser this October with completing a survey of leasing activity as observed...
Read more

August 2020

LENDERS AND BUILDING OWNERS USE APPRAISERS TO ESTABLISH THE VALUES FOR COMMERCIAL PROPERTY.  Lenders and building owners typically rely on Commercial appraisers to set a value on buildings of all types.  This is to give...
Read more

Summer 2020

INTERSECTION AT THE BRIDGE IS SOUTHEAST ALASKA’S BUSIEST.  The second phase of work is underway on the Egan Expressway at the intersection of 12th Avenue and the Egan.  Implemented with State funds, the project completes...
Read more
1 2 3