Category Archives: Jon Sockol

Jon Sockol: Trends in Commercial Real Estate in 2013

Jon Sockol, President and Treasurer of Vivon Corporation in Marlborough, Massachusetts, oversees commercial real estate (CRE) development projects throughout Central Massachusetts. A Certified Public Accountant, he maintains more than a decade of experience working in CRE.

Multiple trends and factors are expected to shape and grow the U.S. CRE market in 2013, according to industry professionals. Several organizations, including the Urban Land Institute (ULI) and Deloitte LLP, identify sustainable construction and design as an important trend in 2013, with commercial property owners and developers expected to benefit the most from core projects that integrate effective layouts and energy efficient features and achieve Leadership in Energy and Environmental Design (LEED) certification. Experts also forecast that 2013 will provide multiple opportunities for CRE repurposing and value-add projects.

A recent CRE report by the ULI and PricewaterhouseCoopers points to several best bet projects for investors and developers in 2013. Among these best bets are urban infill projects in hip residential neighborhoods of top metropolitan markets, such as New York and San Francisco. The same report suggested an increased demand for industrial projects in major distribution hubs, such as those located near international airports and seaports.

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Jon Sockol: Massachusetts Provides Resources to Draw New Business to Thriving Entrepreneurial Environment

Jon Sockol is a Massachusetts-based executive with a track record of success in commercial real estate investments. Mr. Sockol has been President of Vivon Corporation for over a decade.

The University of Nebraska-Lincoln conducts an annual survey of the entrepreneurial climate in U.S. states. Five factors determine each state’s rankings: business growth (per capita and percentage), business formation, patents per capita, and income per proprietor. In 2012, Massachusetts earned top honors, thanks to exceptional rankings in business growth, patents, and income, based on 2011 data.

Despite this success, business formation in Massachusetts has opportunity to improve – and the state of Massachusetts has an online, step-by-step guide for prospective entrepreneurs. The guide compiles links and advice from trusted resources, including the Massachusetts Small Business Development Center, the U.S. Small Business Administration, and the Internal Revenue Service. In addition, the state website (Mass.Gov) advises entrepreneurs on key topics such as getting training, choosing a location, obtaining financing, and more.

In addition, the Mass Alliance for Economic Development—known as Mass Econ—helps market the attractive qualities of doing business in Massachusetts. MassEcon also helps prospective entrepreneurs gather essential data and research prospective locales for their new ventures. These resources can help draw new businesses to a thriving entrepreneurial environment.

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