Commercial property

Top 5 New York Industrial Building Sales — January 2022

PropertyShark has compiled the best deals in town for the area. Source: PropertyShark, a company of Yardi Systems Inc. PropertyShark has compiled the best deals of the month in New York for the sector. 50-35 56th Road, QueensSelling price: $132,000,000 Realterm Logistics has acquired the last mile warehouse totaling 140,000 square feet in the Maspeth […]

Residential propety

Ithaca, New York, aims to phase out residential appliances that burn fossil fuels » Yale Climate Connections

https://traffic.libsyn.com/secure/climateconnections/CX220228.mp3 The small town of Ithaca, New York has big plans to reduce climate change by making changes one home at a time. “The way we generate energy to heat our buildings or to heat water, or to cook or to dry our clothes, normally, in most places, comes from fossil fuels – either natural […]

Industrial property

UK industrial property surged in 2021 as median total return topped 30%

The fourth quarter of 2021 saw UK commercial property record its best single-quarter total return since the fourth quarter of 200 Permanent investment; Range of yields Source: MSCI The fourth quarter of 2021 saw UK commercial property post its best single-quarter total return since the fourth quarter of 2009. A quarterly return of 6.3% carried […]

Residential propety

Dubai unveils first-ever residential rental performance…

(MENAFN- Khaleej Times) January 2022 had 51,452 residential leases; 52% were new leases while 48% were renewals in January 2022. In January 2022, the overall monthly index recorded a growth of 0.938% and an index price of 51,101 Dh. — Photo provided by Issac John Posted: Sun Feb 27 2022, 17:12 Last updated: Sun Feb […]

Residential propety

The residential real estate market is preparing for a rebound

Things are looking up for the residential real estate market as the Philippine economy prepares to rebound this year. In a report just released, real estate consultant Colliers International said it expects economic expansion to support demand in the residential sector, whether in pre-sale or secondary markets. According to Associate Director of Research Joey Roi […]

Residential propety

Commercial and residential growth highlighted during Cambridge State of the City Address | Local News

The country united states of americaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, Republic ofBahrain, Kingdom ofBangladesh, People’s Republic […]

Residential propety

Sicamous Council Supports Rezoning of Six-Story Commercial/Residential Building on Highway 1 – Salmon Arm Observer

Sicamous Council unanimously supported a zoning amendment to allow construction of a six-story apartment building on the Best Western property along Highway 1. The amendment consists of changing the zoning of the property, located at 806 Trans-Canada Highway, from C2, commercial tourist highway, to C2A, residential commercial tourist highway. The applicant wishes to construct a […]

Commercial property

Cohen and ASB pay $130 million for Greater Phoenix asset

Landing 3. Image courtesy of Cushman & Wakefield A subsidiary of Cohen Asset Managementin partnership with ASB Real Estate Investmentspaid $130 million for Landing 3, a seven-building, 525,342-square-foot industrial property in Mesa, Arizona. The joint venture of Martens Development Co.formerly known as Marwest Enterprisesand Dune Real Estate Partners sold the Class A asset. According to […]

Industrial property

Plans to redevelopment of existing Beltline Trail industrial property move forward

the Atlanta Zoning Review Board reviewed and recommended approval of a property rezoning application submitted by Jefferson Beltline LLC. Plans include the rezoning of a 1.03 acre parcel to construct a mixed-use development and related accessory uses. The current industrial zoning designation does not permit multi-family residential or commercial uses. Sign up now to receive […]

Commercial property

Kennedy Wilson receives $300 million investment

Waverleygate office building, Edinburgh, UK Image courtesy of Kennedy Wilson and Fairfax Financial Holdings Ltd. Global real estate investment firm Kennedy Wilson and Fairfax Financial Holdings Ltd. expand their longstanding relationship with Fairfax by agreeing to make a $300 million strategic preferred stock investment in Kennedy Wilson. Kennedy Wilson, a Beverly Hills, Calif.-based company, plans […]

Residential propety

$70 million residential development in Ridgetown, Ontario.

Construction on a new $70 million residential development in Ridgetown is expected to begin in late spring. The 131 “Highland Subdivision” home, made up of single-family homes, was announced Thursday by Apollo Property Management and Clarke Developments. “I think Ridgetown is a hidden gem with so much to offer and I truly believe it will […]

Commercial property

Why it’s never too late to winterize your office building

Kenneth A. Travers As the holiday glow fades, building owners and property managers need to consider the cold, hard truth of winter: it can be the longest three months of the year. Freezing temperatures, ice, and unpredictable storms pose serious risks to office buildings and the workforce. Whether the sales team is in-person, hybrid or […]

Commercial property

Space, travel, location: reassessing office markets

Daniela Alvarado As the COVID-19 pandemic continues to be a fact of office life, businesses across all industries are considering the benefits of locating office space in urban centers versus suburban areas. For some sectors, cities continue to be an attractive place to locate offices. Others enjoy the benefits of space and shorter travel distances […]

Commercial property

Top 5 emerging industrial markets

The industrial sector had another solid year in 2021, propelled by the continued growth of e-commerce. At the end of November 2021, over 300 million square feet of industrial space was under construction across the country and despite the large active pipeline, demand is also expected to be very strong in 2022. This trend has […]

Residential propety

Common Wealth buys plot for future commercial and residential development Business Journal Daily

YOUNGSTOWN, Ohio — Common Wealth Inc. is seeking additional funding to support efforts to develop combined commercial and residential space on a property it owns on the North Side, a representative from the nonprofit company said. At its Wednesday meeting, the city’s Board of Control approved the sale of another parcel, 41 Baldwin St., to […]

Industrial property

Private San Diego investor buys small industrial property in Chula Vista for $1.5 million

935 Broadway in Chula Vista. Photo credit: Screenshot, Google Street View A pair of private investors were part of a $1.5 million deal involving a 4,000 square foot industrial property in Chula Vista, according to brokers. Nicholas Totah and Ricardo Partida, executives of the Totah group in Marcus & Millichap’s Downtown San Diego office, represented […]

Industrial property

Walton Street Capital buys Woodland Hills industrial property for redevelopment

Walton Street Capital Eric Mogentale, Jeffrey Quicksilver, Robert Bloom and Richard Ratke with Woodland Hills with 21200 Victory Boulevard in Woodland Hills (Walton Street Capital, Google Maps) Chicago-based investment firm Walton Street Capital has purchased a manufacturing facility in Woodland Hills, Calif., with plans to redevelop it into a Class A complex. A subsidiary of […]

Industrial property

Vietnam’s industrial property sector optimistic

Vietnam’s industrial real estate sector is seen as a bright spot this year, and real estate companies with industrial parks are expected to benefit from increased demand and rental prices. According to SSI Securities Inc, public investment in improving infrastructure linking industrial parks is helping to recover demand for leased land in industrial parks. Infrastructure […]

Residential propety

Council approves residential rezoning application for Mount Forest subdivision

MOUNT FOREST – Wellington North Council has passed the residential zoning application for the Bentley Street development in Mount Forest. At Tuesday’s virtual meeting, council unanimously passed the zoning bylaw amendment, which was to rezone land from industrial use to residential use. In 2018, a draft plan was approved for a 411-unit residential development on […]

Commercial property

Eli Lilly Inks Lease for $700 Million Life Science Project

15 Necco Street, Seaport Innovation District. Image courtesy of Alexandria Real Estate Equities Inc. Alexandria Real Estate Equity Inc. has signed Eli Lilly and Co.. to a full build lease of 334,000 square feet at 15 Necco St., the REIT’s life sciences project in Boston’s Seaport Innovation District. The renowned healthcare company will invest around […]

Industrial property

Summit Industrial Income REIT Announces Acquisition of Montreal Industrial Property and Net-Zero Carbon Expansion Project

TORONTO, February 23, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived certain conditions and will acquire a 226 000 square feet combined with a 150,000 square foot industrial expansion project in Pointe Claire, Quebec on the west side of Montreal. The top will pay […]

Commercial property

Medical office buildings remain resilient

Highlights from CommercialEdge’s latest report include a growing shift in investor focus towards this strong sub-sector. The medical practice sub-sector has shown its recession-proof potential since the onset of the pandemic, with a growing number of institutional investors and REITs focusing their efforts on one of the best-performing sub-sectors in the world. real estate sector. […]

Residential propety

Plans for residential project at Newport factory site

Plans have been revealed to turn a former Newport packing plant into a new residential development. Newpack’s Factory Road site, which closed last year, has been taken over by Intestrand. Although it will require planning consent, the new owners are planning a mix of houses and apartments on the factory, which spans 18,000 square feet, […]

Commercial property

Commercial Property Lawyer – Senior Partner (7+ PQE) – Orpen Franks

Commercial Property Lawyer – Senior Partner (7+ PQE) Commercial Property Lawyer – Senior Partner (7+ PQE) Full time or part time The company Orpen Franks LLP is a boutique law firm with a strong and diverse clientele with over 200 years of industry experience. Working with a variety of clients ranging from individuals to large […]

Residential propety

Major commercial and residential permits in the New Orleans area

Here are the top residential and business permits issued to parishes in the New Orleans area in the two weeks leading up to February 18. Commercial licenses worth $100,000 and more and residential licenses worth $50,000 and more are listed. Jefferson Parish TOP COMMERCIAL LICENSES $2.9 million, 3020 North Causeway Boulevard, Metairie, Lee Michaels Jewelry […]

Residential propety

Official Election Results for Township Residential Design Review Committees and Village Associations

News By The Township of the Woods | February 20, 2022 The official results of the Woodlands Township Residential Design Review Committee and Village Association elections are now posted on the Township’s website. Voting took place for contested positions on the Cochran’s Crossing Residential Design Review Board and Village Association, College Park Residential Design Review […]

Commercial property

Asian Commercial Property Poised to Reach All-Time Investment Highs | Partner content

As many markets across Asia usher in the Lunar New Year, the Year of the Tiger is expected to see some downturns throughout 2022. Some of the many risks facing investors include the possibility of another variant of Covid -19 as well as intense competition. driving up capital values ​​in a cash-filled market. But as […]

Residential propety

Commissioners plan to act on residential and commercial developments | Local News

Proposed residential developments around Quinlan and a right-of-way for a commercial project near Caddo Mills are on the agenda for Monday’s Hunt County Commissioners’ Court meeting. Instead of holding their meeting on Tuesdays as they normally do, the commissioners will meet at 10 a.m. a day earlier in the Auxiliary Hearing Room. Commissioners will hold […]

Residential propety

Connecticut’s lagging residential construction is hurting affordable housing supply, experts say

Shaurice Bacon feels stuck in her home, an apartment with not enough space for her family. She lived in public housing in Bridgeport for two decades. She researched other low-cost apartments, applied to housing choice voucher programs, and explored rent-to-own options. She expanded her search to include Hartford, New Haven, New Britain and anywhere in […]

Industrial property

Industrial property sector optimistic – EIN Presswire

VIETNAM, February 19 – A view of the Đình Vũ Industrial Park in the city of Hải Phòng. In 2022 and 2023, the supply of industrial land is expected to increase by more than 7,000 ha for the North and South regions. Photo VNA/VNS Photo HÀ NỘI — The industrial real estate sector is seen […]

Commercial property

Investors regain appetite for commercial real estate investment in Asia-Pacific

As the volume of commercial real estate investments in Asia-Pacific increased by 30% year on year (year-on-year) to reach $140 billion last year, the international real estate consultancy CBRE forecasts a further increase of 5 % to 10% to around $150 billion (RM628 billion). ) in 2022. “If this were to be achieved, it would […]

Residential propety

Angelina County residential home for sex trafficking victims plans to reapply for license

NACOGDOCHES, Texas (KTRE) – At-risk or actual sex-trafficking girls lived for a year at a residential treatment center near Hudson, Angelina County. Now the future care and housing of other girls is in jeopardy. Eight girls call Light of the Pines home. The youngsters were uprooted recently when the owners revoked their license following an […]

Commercial property

Energy upgrades to commercial properties could cost over £30billion

The road to net zero is paved with additional costs for Britain, including the amount of money it will take to upgrade commercial property, in the industrial sector alone. Achieving a ‘B’ grade under the 2030 Minimum Energy Efficiency Standards (MEES) requirements for UK industry, manufacturing, logistics and warehousing building stock has cost up to […]

Residential propety

Fire chief draws attention to link between smoking and residential building fires

SIDNEY — Sidney Fire Chief Chad Hollinger is calling attention to common causes of residential structure fires — a situation the community has recently seen an increase in. The National Fire Prevention Association (NFPA) reported that more than 26% of fires from 2015 to 2019 occurred in homes, and 75% of civilian fire deaths […]

Commercial property

Commercial real estate investment market expected to surpass 300 billion yuan nationwide

China’s commercial real estate investment market is expected to surpass the 300 billion yuan ($47.37 billion) mark in 2022, according to the latest forecast from global real estate consultancy CBRE. The achievement will extend the market’s double-digit growth phase for another year amid continued improvement in buyer and seller sentiment, CBRE said. Block real estate […]

Commercial property

Colliers: Scottish commercial property investment up 50% in 2021

Investment in Scottish commercial property reached £2.2bn in 2021 according to the latest Scotland Snapshot from Colliers. The Aurora building in Glasgow This figure represents an improvement of almost 50% on the £1.4 billion recorded in 2020 and is above the 10-year average of £2 billion. Retail, which has seen a rebound in investment, saw […]

Industrial property

Stos Partners Acquires 35,000 Square Foot Industrial Property in Los Angeles County – OsideNews

Encinitas CA— Stos partnersone of Southern California’s most active commercial real estate investment and management firms, acquired a two-tenant, 35,000 square foot industrial property in the Los Angeles County submarket in Signal Hill, California. The company’s first purchase of 2022 follows a record year in which Stos Partners negotiated more than $330 million of commercial […]

Residential propety

Large new residential project planned off East Main near downtown Chattanooga

A Chattanooga developer has purchased nearly 10 acres off East Main Street, where he plans to build a range of housing and create one of the region’s largest new residential and commercial developments. Developer Kevin Boehm said the purchase of several parcels from Chattanooga Boiler & Tank Co. near downtown for $7.6 million will be […]

Industrial property

Proposed mixed-use development on industrial property

Proxima 2085 Development Marietta LLC submitted plans to City of Atlanta requiring the rezoning of properties located within 2051, 2085 and 2095 Marietta Blvd.. The rezoning would allow the property to be redeveloped into a mixed development within the 6,712 acre collective parcel. In addition, the developer is requesting a full development plan amendment to […]

Commercial property

Industrial Capital Must Stay Abundant: Q&A with CBRE

Chris Riley, President of Industrial and Logistics Capital Markets, CBRE. Image courtesy of CBRE With the unprecedented need for warehouse and distribution space in the United States during the pandemic, the industrial sector has quickly become the haven for commercial real estate, creating competition between investors, developers and lenders. As logistics and e-commerce continue to […]

Commercial property

DivcoWest lands $145 million refi for LA tower

655 N Central Ave. DivcoWest has reached a $145 million refinancing deal for Glendale Plaza, a 24-story office tower in Glendale, Calif., according to Online ReBusiness. CBRE helped negotiate the five-year floating rate note on behalf of the borrower. The funding will retire a $120 million loan that AXA Equitable Life Insurance Co. provided in […]

Residential propety

Kelly Dougherty Promoted to President of Firstservice Energy, Energy and Sustainability Group of Firstservice Residential

FirstService Residential, the leading manager of residential communities in North America, announced the promotion of Kelly Dougherty to President of FirstService Energy. FirstService Energy is the company’s energy management and sustainability consulting subsidiary that leads environmental change by improving energy efficiency and reducing water consumption, with the ultimate goal of reducing utility costs. operations and […]

Commercial property

JV secures $260 million Refi for mixed-use project in Philadelphia

Eastern market. Image courtesy of JLL A joint venture between National Real Estate Advisors, JOSS real estate partners, SSH and young capital secured a $260 million refinancing loan for East Market, a multi-phase, mixed-use project in Philadelphia. Pacific Life Insurance Co. provided the funding, while JLL Capital Markets represented the joint venture. East Market, stretching […]

Industrial property

West Hartford investor buys mid-size industrial property for $883,584

A local real estate investment firm that sold a mid-size industrial property in West Hartford for $900,000 in 2020 recently bought it back for slightly less. C&G Properties, of West Hartford, sold the 1.6-acre property with two light fabrication buildings to Albert Kalanica in 2020. Albert sold the property back to C&G for $883,584 in […]

Commercial property

Sports Direct, Vue and Castore: The 11 latest North West commercial property deals you can’t miss

Major retailers, entertainment giants and expanding law firms are among a slew of companies that have announced high-profile commercial real estate deals in the North West in recent weeks. Companies like Sports Direct, Vue, Castore and a major government department have all announced that they have taken a prominent place in the region. LEARN MORE: […]

Residential propety

Representatives Viola Davis and Rhonda Taylor to Provide Virtual Update on HB1093 Residential Tenancy Legislation February 17 – On Common Ground News

ATLANTA — State Representatives Viola Davis (D-Stone Mountain) and Rhonda Taylor (D-Conyers) host a virtual town hall to educate landlords and landlords on House Bill 1093 and other housing issues on Thursday, February 17 at 7:30 p.m. via Zoom. Prior registration is required. To register for this virtual town hall, please click on here. “I […]

Industrial property

Covington council approves sale of industrial property for $1.75 million

COVINGTON, Ga. – Covington City Council members have unanimously approved the sale of nearly 35 acres of industrial property to Newton Investments, LLC. The 34,928-acre property, part of the Covington/Newton County Industrial Park, is located adjacent to Georgia Hwy. 142, will sell for $50,000 an acre, for a total of approximately $1.746 million. Since the […]

Commercial property

Beacon Capital, MetLife Ink New lease at Manhattan Tower

575 Fifth Ave. Image courtesy of Beacon Capital Partners FirstService Residentiala residential community manager, signed a 48,000 square foot lease in the 40-story tower at 575 Fifth Ave. in Midtown Manhattan. Necklaces‘ Vice President Mark Friedman entered into the long-term lease agreement on behalf of the tenant. The owners, Beacon Capital Partners and MetLifeused the […]

Residential propety

Residents of Durham are calling for fraternities to be banned from residential areas after a person was caught urinating on the house

Residents of the Tuscaloosa-Lakewood area of ​​Durham are calling on Durham City Council to ban fraternities from residential areas. The petition calls Alpha Delta Phi members residing at five addresses on Chapel Hill Road – nicknamed the Compound – a “public nuisance”. The students are charged with violating noise ordinances, obstructing traffic, shouting obscenities and […]

Residential propety

TRANSCEND RESIDENTIAL PROPERTY FUND LIMITED – Appointment of alternate director – SENS

Appointment of Alternate Director TRANSCEND RESIDENTIAL PROPERTY FUND LIMITED(Incorporated in the Republic of South Africa)Registration number 2016/277183/06JSE Code: TPF ISIN: ZAE000227765(Approved as a REIT by the JSE)(“Transcend” or “the Company”) APPOINTMENT OF ALTERNATE DIRECTOR In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders areadvised that Mr Greg Booyens has been appointed as […]

Residential propety

Lexington residential facilities management says it is cooperating with police investigation into shootings

The organization that owns and operates a residential facility in Lexington where a 35-year-old man lived before he was fatally shot by police on Saturday said it was cooperating with the investigation into his death. A Lexington officer shot and killed the man, who was staying at the Eliot Community Human Services property at 98 […]

Industrial property

Buyers eye Mt Maunganui site amid ‘chronic shortage’ of industrial property

Monday, February 14, 2022, 8:36 a.m.Press release: Bayley A large industrial site for sale in Mt Maunganui is expected to spark a flurry of buyer interest as Covid-related freight and supply chain issues fuel an acute shortage of industrial property in the market. The well presented warehouse building on over 7,000 square meters of freehold […]

Residential propety

Equity Residential (NYSE:EQR) Expected to Report Quarterly Sales of $659.52 Million

Brokers expect Equity Residential (NYSE:EQR) to post sales of $659.52 million for the current quarter, according to Zacks. Five analysts have made earnings estimates for Equity Residential, with estimates ranging from $645.94 million to $665.70 million. Equity Residential recorded sales of $597.60 million in the same quarter last year, suggesting a positive growth rate of […]

Residential propety

Blue World City Awami Residential Resort Payment Plan – Location – Map – Noc

Introduction: Blue group of companies and Imperium Group of Companies collaborated to create a low-cost, TMA Approved real estate project in Islamabad. In April 2020, ARC was launched in Lahore and Islamabad. It has been designed to be as close as possible to the main Multan road and Lahore ring road. A wide range of […]

Industrial property

Industrial property with Holliston marijuana grow site sold

An industrial property in Holliston that houses a cannabis grow facility is the top real estate deal this week. Holliston Assessors records show that the property, 29 Everett St., has an industrial building and outbuildings on 4 acres. He was transferred on January 31 for $16 million. New England Cannabis Corporation Inc. has listed 29 […]

Industrial property

Borgman Capital adds a fourth industrial property to its real estate portfolio

Milwaukee-based Borgman Capital expanded its real estate portfolio this week to include four properties. The private equity firm acquired a property located at 7711 N. 81st St. in Milwaukee. The 170,000 square foot industrial warehouse was… Based in Milwaukee Capital Borgman expanded their property portfolio this week to include four properties. The private equity firm […]

Residential propety

Spartanburg hosts concerned about ordinance banning short-term rentals in residential areas

Spartanburg’s proposal to change its short-term rental ordinance has support from some council members, but others want to make sure the changes don’t create economic hardship for landlords. When the proposed changes were presented to city council at its January 24 meeting, they sparked debate among residents and council members. According to City Attorney Bob […]

Commercial property

Laura Hines-Pierce named co-CEO of Hines

Laura Hines-Pierce was previously Senior Managing Director and Head of Business Transformation. Laura Hines-Pierce, Co-CEO, Hines. Image courtesy of Hines Hines has promoted Laura Hines-Pierce to co-CEO of the company. In her new role, she will serve alongside her father, Chairman and CEO Jeff Hines. The announcement comes just as the company turns 65 since […]

Commercial property

Shopping center acquired as the commercial real estate group strengthens its portfolio

LCP, a national commercial property and investment company, has acquired a shopping center in Bingley. The 5Rise mall, acquired for an undisclosed amount, has 18 retail units over 62,094 square feet. It is anchored by a 17,000 square foot cooperative supermarket with other retailers including Poundland, Home Bargains, Costa, Greggs, Timpsons and Card Factory. Other […]

Industrial property

This interactive chart shows how industrial property conquered the stock market

If you need help visualizing how much logistics real estate has eclipsed other real estate sectors, the dynamic chart below should do the trick. Using data from Green Street, bisnow created a data visualization showing how the market capitalizations of the UK’s largest listed property companies have risen and fallen since 2010. In 2010, the […]

Residential propety

La Jollans Wins Appeal of San Diego Environmental Findings on Residential Project in Country Club Area

Representing the wishes of the La Jolla Community Planning Association and a handful of residents of the La Jolla Country Club neighborhood, opponents of a residential development project won an appeal of the city of San Diego’s findings that the project would have no significant environmental impact. Land-use attorney Julie Hamilton and La Jolla architect […]

Commercial property

Miami Development Update: Mixed Use Drives Office Development

In December, nearly 3.6 million square feet of office space was under construction in Miami, or 5.1% of total inventory, according to CommercialEdge. Continued immigration, accentuated by the pandemic, has spurred investments and relocations in the metro. The office pipeline has grown significantly since late 2020, when it bottomed out at just 1.9 million square […]

Commercial property

Crescent and Nuveen Expand Research Triangle Campus by $500 Million

The Yield, recently expanded by Crescent Communities and Nuveen in North Carolina’s Research Triangle. Image courtesy of Crescent Communities. Crescent Communities, in partnership with Nuveen Real Estate, has acquired 120 acres in Holly Springs, North Carolina, which is part of the state’s Research Triangle. The deal significantly expands The Yield, Crescent’s $500 million in-development life […]

Commercial property

Howard Hughes Corp. to inject $325 million into Maryland redevelopment

Rendering of the planned medical office building in the Lakefront District of downtown Columbia. Image courtesy of Studio Red Architects The Howard Hughes Company. plans to invest $325 million in the Lakefront District of downtown Columbia, as part of the larger 391-acre redevelopment of the central area of ​​Columbia, Maryland. Scheduled to come online in […]

Residential propety

Your Voice: Residential Development Won’t Pay | Your voice

Media outlet KnoxTNToday recently reported that a consulting engineer presented bad news to the Knox County Commission that may involve the town of Alcoa and Blount County. The new residential development won’t pay off and could “put the county (the city in Alcoa’s case) on a dangerous path to financial ruin.” • “Each [residential] housing […]

Commercial property

Commercial Property Leases in Bankruptcy: Common Landlord and Tenant Issues

As the commercial real estate market undergoes seismic shifts resulting from the rise of online retail, the COVID-19 pandemic, the growth of work-from-home options for employees and employers, and As the way we do business as a nation continues to evolve, businesses may find themselves in situations where their tenant or landlord has filed for […]

Commercial property

Urgent Commercial Property Appeal – 3,000 sq ft temporary puffin nest required for 40 giant sculptures

The cultural team behind the release of dozens of decorative toads and moths onto the streets of Hull and East Yorkshire are appealing for help from landlords or commercial agents as they preparing to unleash a parade of puffins. Organizers of Puffins Galore! are ready to take delivery of 40 giant models of the much-loved […]

Industrial property

Six-acre industrial property on Chicago’s South Side hits the market

The industrial building on the six-acre property at 1111 West 35th Street (CBRE Deal Flow, iStock) A six-acre industrial site on the South Side of Chicago has entered the market as demand for warehouses has increased. The site at 1111 West 35th Street includes an 11-story, 869,660-square-foot industrial building with office space, according to CBRE’s […]

Residential propety

Residential rents rise at fastest pace in 13 years

Housing rents are rising at their fastest rate in 13 years, with the average UK tenant facing a bill of almost £1,000 a month, according to a study which highlights rising costs for tenants as workplaces are reopening, but supply remains limited. Rents rose 8.3% a year to an average of £969 a month in […]

Commercial property

Metro Detroit did not follow the national trend of record sales of commercial properties in 2021

The volume of commercial real estate transactions reached record highs nationally last year, but not in the Detroit metro area. That’s not to say 2021 has been a bad year for real estate deals in the city — quite the contrary, experts say, as deals, by dollar volume, last year were the fourth highest since […]

Commercial property

Investment in East Midlands commercial property doubles to almost £2.3bn in 12 months

The amount invested in commercial property in the East Midlands doubled to almost £2.3bn last year compared to the previous year. Figures from commercial property specialist Innes England suggest the amount spent was also more than 70% higher than the five-year average. The growth has been attributed in part to huge sums of money being […]

Residential propety

Retirement homes: retirement homes will become a major residential asset class: report

Retirement homes are set to become an important residential asset class as demand for retirement homes is expected to grow exponentially over the next three decades, according to the top three senior housing developers. The developers have declared that 2022 will be the breakthrough year for this nascent but much-needed industry. Ashiana Housing, Columbia Pacific […]

Commercial property

Dave & Buster’s is moving its HQ

The company has been based in Northwest Dallas for 30 years. Coppell shopping center. Image courtesy of Cushman & Wakefield After three decades in Northwest Dallas, the entertainment and restaurant chain At Dave and Buster’s will leave its current headquarters and move to a new office in Coppell, Texas. The company signed a 67,200 square […]

Commercial property

Nations commercial property sells for $2.85 million | Development

Darek Bell, a Nashville-based real estate investor, distiller and entrepreneur, paid $2.85 million for space apparently located in a Nations building. The seller (the building offers an address 4731, boul. of the Centenary), was an LLC affiliated with the Phoenix-based development company Alliance Residential Co. It should be noted that in June 2020, Bell sold […]

Commercial property

Related fund management closes debt fund at $792 million

The alloy block. Image courtesy of Alloy Development Management of related funds reached the final close of Related Real Estate Debt Fund LP (RDF), with capital commitments of $792 million, exceeding its target of $750 million. The fund is a real estate lending vehicle that provides debt financing, structured in the form of full first […]

Industrial property

City of Industry industrial property sells for $11 million

15430 Procter Ave. in the city of industry. Brentwood-based Rexford Industrial Realty Inc. has purchased nearly 4 acres of industrial property in the City of Industry for nearly $11 million.The property, at 15430 Proctor Ave., is 64,320 square feet.Bob Dipre and Dennis Sandoval of DAUM Commercial Real Estate Services represented the seller, Gayton Group, in […]

Commercial property

Year of the Tiger bodes well for commercial property as investors look to New Zealand as a ‘safe haven’

Monday, February 7, 2022, 5:20 p.m.Press Release: Bayleys Realty Group China’s Year of the Tiger could mean renewed interest in New Zealand commercial property from overseas investors seeking a safe haven amid the Covid chaos, a leading Asian property expert has said. sales. James Chan, Director of Asian Markets James Chan, head of the Asian […]

Residential propety

Residential plans as an office building 12,000 square feet sold

Burton-based commercial estate agents, Rushton Hickman, have sold a two-storey, 11,769 square foot office building on behalf of a private investment client to local businessman and optometrist, Raheel Fayyaz. The Derby Turn Building is located along Derby Road, Burton, and is a partially let investment. Fayyaz intends to convert the unoccupied space into two-bed residential […]

Residential propety

SC orders demolition of over 35 wedding halls built on residential land in Karachi – Pakistan

KARACHI: The Supreme Court ordered the demolition of more than 35 wedding halls on Korangi Road because it found that these structures were built on land intended for residential purposes. The Supreme Court dismissed two petitions brought by the owners of the wedding halls, located near Korangi Crossing, against its earlier orders and ruled that […]

Residential propety

Residential towers could arrive at Park Place (4 photos)

“Across Ontario, there is an increase in mixed-use development centers, so I’m very interested in hearing more about the potential benefits of this proposal for Park Place,” says Ward Councilor One of Barrie’s largest retail areas could have nearly 500 new customers within reach. Park Place could one day include around 490 residential apartments in […]

Commercial property

Commercial Property Owners Get a Chance to Meet Third-Party Inspectors | News

SUNBURY — Sunbury’s proposed business inspection order will go to a vote after several revisions, including the addition of grandfathered structures and a request for an exemption. Sunbury officials released a statement Friday after meeting with Northeast Inspection Consultants (NEIC) and members of the city’s code office. Board members will set a date for a […]

Residential propety

GCLA – Commercial General Contractor Los Angeles renovates and rejuvenates commercial and residential properties

General Contractor Los Angeles provides exceptional construction and renovation services for new and existing buildings. The company works on a variety of exceptional projects of all types, including homes, restaurants and offices. The Los Angeles general contractor has three decades of experience building dream properties for his clients. Los Angeles- GCLA is the largest construction […]

Commercial property

Rockefeller Group joint venture to develop office real estate in Denver

North River Paradigm. Image courtesy of Rockefeller Group and Jordon Perlmutter & Co. Construction is set to begin later this month on Paradigm River North, an eight-story, 200,000-square-foot mixed-use office building in Denver’s River North Art District. Also known as 3400 Walnut St., the project is being developed by a joint venture of Jordan Perlmutter […]

Residential propety

Banyan Residential Acquires 34 Acres to Build 230-Unit Single-Family Rental Community in Austin Submarket in Pflugerville, TX

AUSTIN, TX – Banyan Residential, a Los Angeles-based private real estate investment firm, announces the acquisition of 34.4 acres of land in Pflugerville, Texas to develop its third single-family rental community. Developed in partnership with Bridge Investment Group, the community will feature 230 single-family rental homes, as well as a swimming pool, fitness center and […]

Residential propety

Why commercial is better than warm residential

Faraz Hemani is turning to retail and self-storage properties after four years in residential. He says the housing market in Texas has gone “crazy”, making it difficult to find bargains. He learned a lot about commercial real estate by following other successful investors on Twitter. As many of the country’s hottest real estate markets have […]

Commercial property

RXR and Hudson Realty Capital Launch Joint Lending Transaction

Image courtesy of Gerd Altmann via Pixabay.com RXR and Hudson Realty Capital merge their lending activities to create RXR-Hudson, a strategic commercial real estate lending platform that plans to lend more than $2 billion over the next few years in sectors with high investor demand and favorable demographics, including housing, industrial and healthcare. The lending […]

Commercial property

LA Warehouse will be converted into Sound Studio

2852 Witherspoon Drive. Image courtesy of CBRE LA North Studiosa sound stage and film production studio, signed a 70,550 square foot lease with landlords desert orchard and Golden Westminster Investments for a building in Santa Clarita, California. A CBRE team including Executive Vice President Craig Peters and Senior Vice President Sam Glendon arranged the transaction. […]

Commercial property

Real Estate: Residential vs Commercial – Where to invest to get the best rental income in 2022? The expert suggests this

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Residential propety

Upsurge in apartment demand adds to construction cost pressures

The latest Construction Performance Index, a survey-based monthly barometer of activity produced by Ai Group and the Housing Industry Association, showed that cost inflation is soaring. Decline in overall activity The PCI wage index for January and December – two months combined into a single report this time – rose 2.7 points to 76, the […]

Commercial property

Former Sunbury Councilman: Advance Commercial Property Ordinance | News

SUNBURY — A former Sunbury councilman said he wants the city to approve a new commercial property ordinance because it will protect residents, not hurt them. The commercial properties ordinance, passed last year when Chris Reis was on city council, would require all commercial properties to be inspected by Northeast Inspection Consultants (NEIC), of Childs, […]

Residential propety

Dubai’s high-end residential real estate market registers 3rd fastest growth in 2021 – News

Capital values ​​in the emirate are still undervalued compared to its global counterparts Published: wed 2 feb 2022, 13:15 Dubai’s leading residential capital values ​​soared 17.4% in 2021 as buyers flocked to the city for its competitive prices, quality of life and the UAE’s successful handling of the Covid-19 pandemic. 19, according to Savills World […]

Industrial property

Witham’s industrial property sold for over £8m

An industrial property has sold for over £8m on an estate just off the A12. Estate agency Fenn Wright has secured the deal which has seen 2 Eastways, in the industrial estate of Freebournes Road, Witham, sold for the figure of several million pounds. The property comprises a detached factory/warehouse with offices to the front […]

Residential propety

Conshohocken Borough Council plans to remove residential uses along river from zoning code

The Conshohocken Borough Council is considering removing residential uses in the SP-1, SP-2, SP-3 zoning districts, which encompass the riverfront. The item is on the agenda for a meeting on February 3. The agenda reads as follows: Discuss and consider allowing advertising of a zoning ordinance amendment to remove residential uses in SP zoning districts […]

Commercial property

New manager for Nottingham commercial estate agency

NG Chartered Surveyors has appointed Paul Rogers as Director. Rogers has over 20 years of commercial construction consultancy experience gained in both London and his home town of Nottingham. Most recently he was a director at Innes England. He said: “Construction consultancy naturally complements NG’s established property management, professional and agency services and will be […]