{"id":353,"date":"2011-05-02T17:23:30","date_gmt":"2011-05-02T22:23:30","guid":{"rendered":"http:\/\/new.jpfco.com\/dir\/?p=353"},"modified":"2013-07-23T12:43:21","modified_gmt":"2013-07-23T12:43:21","slug":"strength-of-nantucket","status":"publish","type":"post","link":"https:\/\/www.jpfco.com\/dir\/strength-of-nantucket\/","title":{"rendered":"Strength of Nantucket"},"content":{"rendered":"<p>My dad always told me that Nantucket is one of the last ones in and first ones out of a bust.  That&#8217;s another way to say that Nantucket is a very safe place to invest and\/or park your money.  Another way to see the strength of an investment is to look at capitalization rates.  Cap rates on Nantucket&#8217;s prime commercial real estate are around 5.5%, which are extremely low for commercial real estate-cap rates are basically a function of risk, lower the cap rate, lower the risk.  So, I called Nantucket Island Resort&#8217;s (NIR), who is the biggest commercial landlord on Nantucket (Team Frazier is two), today to inquire about what spaces they have available.  The leasing agent&#8217;s answer-we have a small art gallery, about 200 sf, available on Old South Wharf.  Excuse me, you have 200 sf out of tens of thousands of sf available?!!!  That&#8217;s a sign of the Strength of Nantucket.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>My dad always told me that Nantucket is one of the last ones in and first ones out of a bust. That&#8217;s another way to&hellip;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,4,6],"tags":[],"class_list":["post-353","post","type-post","status-publish","format-standard","hentry","category-about-nantucket-island","category-local-real-estate-market","category-real-estate-articles"],"_links":{"self":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts\/353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/comments?post=353"}],"version-history":[{"count":0,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts\/353\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/media?parent=353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/categories?post=353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/tags?post=353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}