Industrial property

Bayleys expands its presence in the commercial and industrial property market in Canterbury

Friday, April 1, 2022, 6:53 a.m.Press release: Bayley Canterbury’s leading estate agency, Bayleys, is expanding its commercial and industrial sales and lettings footprint in Christchurch – with the acquisition of rival MB Cook Ltd to create the region’s largest industry team. The six MB Cook vendors will move from their current premises in Show Place, […]

Residential propety

London loses new residential construction to outside communities and potential tax revenue: report

A new report says London has lost residential buildings to areas outside the city and authorities must act immediately to reverse the trend. The report commissioned by the London Development Institute (LDI) and the London Home Builders’ Association (LHBA) says the area’s population is growing significantly, in part because more and more families are moving […]

Commercial property

Skanska Commercial Property Development sells Epic in Malmö, Sweden

Skanska Commercial Property Development sells Epic in Malmö, Sweden Skanska Commercial Property Development has sold the Epic office building in Malmö, Sweden to Skanska Investment Properties for approximately SEK 750 million. The internal transaction is cash-neutral and will be accounted for in the first quarter of 2022. The transfer will […]

Commercial property

USAA, Seefried Partner on the Logistics Park 1.8 MSF

Logistics Park I-4. Image courtesy of Colliers USAA Real Estate and Seefried Industrial Properties this week opened the first building at the I-4 Logistics Park in Deltona, Florida, a 1.8 million square foot complex that will be one of the largest speculative industrial developments in Central Florida. The development will be constructed in two phases […]

Commercial property

Duke Realty leases 500 KSF facilities in Miami area to FedEx

The South Florida office of Duke Realty Corp. leased a 501,200 square foot speculative building at Miami 27 Business Park, pure logistics property REIT’s new two-building development in Medley, Florida. FedEx ground engaged in the entire facility, leaving barely a square foot available in the approximately 723,200 square foot South Florida industrial complex. READ ALSO: […]

Industrial property

BEB Lending provides $5.85m acquisition financing for industrial property in Marlborough

MARLBOROUGH, MA–BEB Lending, the financing platform of BEB Capital, announced that it has provided a $5.85 million bridge loan to Patriot Holding to finance the acquisition of an industrial property at 894-896 Boston Post Road in Marlborough, Mass. The transaction represents BEB’s first in Massachusetts. The duration of the financing is 18 months. “This transaction […]

Commercial property

Designs, equipment and upgrades for the new office

The Midtown office tower of the Durst One Five One organization offers Well&, an exclusive in-house amenity program for office tenants that includes a dining room by celebrity chef Charlie Palmer, pictured. Image by Jeremy Frechette courtesy of The Durst Organization. The Midtown office tower of the Durst One Five One organization offers Well&, an […]

Commercial property

Boise calls for commercial property tax reform

Like clockwork, it’s budget season again in the city of Boise. On Tuesday, the Boise City Council kicked off its annual process of assessing its revenues and priorities to set the city’s budget for the coming fiscal year. The 2023 budget, which will be rolled out in parts this spring before the final draft is […]

Industrial property

The terms of industrial property leases are getting shorter and shorter

Owners of warehouses and distribution properties may consider shorter leases to capitalize on growing e-commerce demand, as the rate at which average lease lengths are shortening is accelerating significantly. New analysis from Moody’s Analytics notes that prices and sector fundamentals never declined in the wake of the pandemic, and instead posted record occupancy and rents […]

Commercial property

JLL arranges $543 million financial package for Boston project

10 World Trade. Image courtesy of JLL A development team led by Boston Global Investors secured $542.5 million in funding to build 10 World Trade, a $596.6 million tower in Boston’s Seaport District that will include 555,250 square feet of life sciences, office and sale to detail. Site work has begun on the 17-story property […]

Residential propety

Allianz: Real Estate acquires 12 multi-family residential assets in Japan

Allianz Immobilier Communication Press release Allianz Real Estate acquires 12 assets on behalf of its new multi-family residential fund in Japan Tokyo I Singapore | Munich I March 30, 2022 Allianz Immobilier, one of the largest real estate investment managers in the world, has entered into an agreement to acquire a portfolio of prime multi-family […]

Commercial property

Announcement: Commercial Mixed Use Property in Tulare, CA

Nice view of Tulare A rare opportunity to own and run your business right next to your home. Beautiful lifestyle in the city of Tulare, CA: 4620 Avenue 228, Tulare, CA 93274 TULARE, Calif., TULARE, March 29, 2022 /EINPresswire.com/ — Irina Hill and Robert Weichelt, two independent contractors from eXp Realty, are thrilled to spotlight […]

Commercial property

Toll Brothers spends $40 million to buy commercial property in Kirkland

By Meghan Hall Two aging commercial properties in suburban Kirkland, Wash., could be repositioned as homes for sale after being reclaimed by a national developer. In a deal that was finalized last week, Toll Brothers spent $40 million to acquire a pair of properties at 10801 and 10809 120th Ave. BORN. Public records show that […]

Residential propety

Downtown Calgarian says changes to residential parking permits will ‘destroy’ communities

Changes to the residential parking permit program have Mission residents worried about the future. (Danielle Nerman/CBC – image credit) Changes are coming to Calgary’s residential parking permit program and a downtown resident says he’s worried the new rules will push people out of their communities. Anthony Wecels has lived in Mission for 17 years – […]

Commercial property

Amazon’s facility in the Northern Bay area sells

4800 Midway Rd. Image courtesy of Cushman & Wakefield A joint venture of LDK Companies and PCCP LLC sold a new 617,760 square foot Class A distribution/e-commerce facility on 35.7 acres in Vacaville, CA. Cushman and Wakefield advised sellers. The single-tenant asset was acquired by an unnamed global real estate investment manager for an undisclosed […]

Industrial property

Industrial property was growing rapidly before the announcement of the factory

Breadcrumb Links News Local News CRBE Windsor’s Brad Collins, left, and Brook Handysides, are pictured outside a recently let industrial property on North Talbot Road, Monday March 28, 2022. Photo by Dax Melmer /Windsor Star Content of the article Local economic development officials said municipalities must act quickly to ensure there are enough ready-to-use properties […]

Commercial property

What’s next for industrial real estate?

Moderator (far right): Fran Inman, Senior Vice President, Majestic Realty Co. Panelists, left to right: Kim Snyder, President, West Region, Prologis; Tom Bak, Senior Managing Director, Trammell Crow Co.; Dwight Merriman, Partner, Head of Industry, Ares Management; Dayton Conklin, Managing Director, Clarion Partners. Will industrial real estate remain a preferred type of property? A group […]

Industrial property

Forte Capital Management flips Wynwood’s industrial property for $11.2 million in off-market deal – PROFILE Miami

Forte Capital, led by Chaim Cahane, and Sheridan Capital knocked down 2830 NW Fifth Ave. to Wynwood for $11.2 million just months after acquiring the industrial property for $6.35 million in December 2021 from Alex Karakhanian’s LNDMRK development. The buyers are Alex Kleyner and Diana Ulis who are developing an ultra-luxury home designed by Kobi […]

Residential propety

Watkinsville GA Residential Pressure Washing – Extensive Sidewalk Cleaning Services

Athens, USA – March 28, 2022 /MarketersMEDIA/ — Fresh Cut Landscaping, a professional lawn care company based in Athens, GA, has expanded its services to include expert pressure washing and edge cleaning for customers in Watkinsville and surrounding communities. The company also specializes in mowing, weeding, trimming borders and fertilizing. For more information, please visit […]

Commercial property

Investment in commercial real estate is booming

Skyscraper window cleaners clean the exterior of the Guiyang International Trade Center in Guiyang, Guizhou province on March 15. [Photo/Xinhua] China’s annual commercial real estate investment is expected to top 300 billion yuan ($47 billion) for the first time in 2022. This shows that China’s economy is on the right track this year as countercyclical […]

Residential propety

Residential real estate in strong recovery: Prestige CMD

Even as Prestige Group, headquartered in Bangalore, a leading listed real estate player announced the delivery of eight of its high-end residential property developments in Bangalore. Irfan Razack, Chairman and Managing Director of Prestige Group, said India’s residential real estate sector is experiencing a strong recovery. Bengaluru being one of the main drivers of this […]

Residential propety

Launch of a 501-unit residential villa project in Tabouk City, Saudi Arabia

A 501-unit residential villa project in Tabouk City, the capital of the Tabuk region in northwestern Saudi Arabia, has been launched by National Housing (NHC) of Saudi Arabia under Sakani, a real estate initiative to support and enable Saudi citizens to own their first home. The project would cover an area of ​​over 142,000 square […]

Residential propety

Will the Pune metro boost commercial and residential real estate?

The city of Pune has always been the favorite destination for first-time home buyers. Buyers and real estate agents across the country have always been drawn to this metropolitan city because of the weather, green surroundings, return on investment and livability quotient. Although the global COVID-19 pandemic has delayed launches and related revenue opportunities, Pune […]

Residential propety

Strengthening residential and commercial buildings, Foundation Repair Austin TX provides unparalleled earthquake protection

Providing super strong foundations to buildings, Foundation Repair Austin TX helps residents save their properties from natural calamities. By offering renovation and bolting services, Foundation Repair Austin TX ensures that homes and offices are unaffected by earthquakes. Austin, Texas, United States – Foundation Repair Austin TX is a leading name in providing the best renovation […]

Commercial property

Top 5 Industrial Building Sales in New York — February 2022

Source: PropertyShark, a company of Yardi Systems Inc. 2325 Hollers Ave, BronxSelling price: $48,200,000 Cayre Equities has sold the 100,279 square foot warehouse in Eastchester to Brookfield Properties. The buyer secured a $31 million acquisition loan issued by Wells Fargo Bank. The self-storage built in 2017, formerly Treasure Island Storage, has been renamed Life Storage. […]

Commercial property

The signs bode well for the North Bay commercial real estate market

Sonoma County’s commercial real estate market declined in the first two quarters of 2021, but recovered significantly in the last two quarters. We have felt the highs and lows of COVID in 2021, repeating some of 2020’s high infection and hospitalization rates. Fluctuations in the local economy have mirrored the effects of COVID on the […]

Commercial property

How you buy commercial property is just as important as where.

Structure is important when starting to invest in commercial real estate. A mistake can have long-term tax and asset protection implications that can be costly. But the right structure creates a foundation for maximum long-term returns. Understand your tax obligations as an investor Generally speaking, commercial investors pay tax on the net rental income they […]

Residential propety

‘Live Close to Work’ to drive demand for residential real estate in the future

Gurugram (Haryana) [India], March 24 (ANI/NewsSee): According to the Anarock-CII study, the pan-India market share of shared workspaces will increase from 3% to 4.2% in the next 12 months, with a growth of 15 to 20 % . Another report from Knight Frank India states that the commercial segment in India witnessed a huge increase […]

Commercial property

How income from joint ownership of commercial property is taxed

The income tax rules for co-ownership of commercial property are different from those that apply to other residential properties. Fractional ownership of commercial property is emerging as a new way to generate wealth. However, anything that allows you to accumulate wealth comes with certain tax implications. The tax rules for commercial condominiums are different from […]

Commercial property

Office-to-logistics conversions are tough. Here’s why.

1800 Tapo Canyon, Simi Valley, CA. Image courtesy of Griffin Capital Essential Asset REIT Inc. With industrial facilities in record demand, it makes perfect sense to turn underutilized office buildings into state-of-the-art warehouses. But don’t expect the trend to sweep the country. Only certain office buildings in certain locations are viable for such businesses. And […]

Commercial property

Bill to reduce Arizona commercial property tax closer to crossing

A bill to reduce Arizona’s commercial property tax assessment rate to 15% over the next five years would achieve a target set decades ago by the Citizen’s Finance Review Commission and others if it became law. Senate Bill 1093, sponsored by State Sen. JD Mesnard, R-Chandler, would continue the planned valuation ratio decrease under last […]

Industrial property

Demand for industrial properties in Yorkshire outstrips supply as takeover levels plummet due to lack of space

According to the latest industry and logistics view from commercial real estate firm Colliers, the region had a strong 2021 with demand for units over 100,000 square feet reaching support levels of 7.5 million. square feet, down slightly from the previous year’s record 7.7 sq. ft. The report says investors in Yorkshire last year created […]

Residential propety

Millstone residential development application postponed to May 11

MILLSTONE – An application that proposes the construction of a residential development that will include market-priced townhouses and affordable housing condominiums was presented at the May 11 meeting of the Millstone Township Planning Board. Representatives of Hexa Builders, LLC, appeared before the Planning Board on March 9 to seek preliminary and final major site plan […]

Residential propety

Turnkey residential development land in the heart of Bray for 1.5 M€

Developers and investors looking to take advantage of the ongoing renaissance in the North Wicklow town of Bray may be interested in the sale of a high profile residential site brought to market by agent Finnegan Menton. Having housed the famous Anvil hardware store for nearly 50 years, 22-24 Main Street is offered for sale […]

Commercial property

The commercial real estate sector enjoys a post-COVID recovery

Beyond the city limits It’s not just urban real estate that is on an upward trajectory. Regional commercial property is experiencing a renaissance as people seek COVID-inspired tree-and-sea changes. Commercial real estate has benefited. “Over the past year we have seen major hubs such as Geelong experience strong demand for commercial loans, fueled by growing […]

Commercial property

The future of the office: is the CRE out of touch?

Photo by kate.sade on Unsplash We hear a lot in commercial real estate industry circles at CRE events about the benefits of in-person office work. How young people want to return to the office to connect, collaborate and be mentored; how people are tired of Zoom meetings or working in pajamas, etc. Outside of industry, […]

Industrial property

Avison Young arranges sale of Essex County industrial property

According to Avison Young, the only existing refrigerated space available for rent in North Jersey has a new owner. On March 21, the New Jersey office of the commercial real estate company announced that it had arranged the sale of 149 New Dutch Lane in Fairfield, a 39,800 square foot industrial property with 30,500 square […]

Residential propety

Cardiff Residential Program Acquired in £37.5m Term Finance Deal | Housing news in Wales

A Cardiff-based residential tower due for completion in 2024 has been acquired under a £37.5million term finance deal. The Gramercy Tower is located in the heart of the Cardiff Central Enterprise Zone, adjacent to the Central Quay development and Cardiff Central Station. The Catella European Residential Fund III has acquired the development of 188 build-to-let […]

Commercial property

Do bridge collapses jeopardize local real estate markets?

Barry B. LePatner Esq. Here’s a staggering and sobering statistic that should give all Americans pause: Of the approximately 617,000 bridges across the United States, 231,000 are at risk of collapse. The potential damage, not only to the traveling public, but also to local real estate markets, is staggering. As we emerge from the global […]

Residential propety

Proposed Assisted Living Residential Center for Mint Hill | Mmhweekly

MINT HILL — Hatisha Mike of Charlotte wants to develop a residential assisted living facility for up to 10 seniors on nearly 2.5 acres at 8025 Wilson Woods Drive, but some neighbors are skeptical. Mike acquired 8025 Wilson Woods Drive in May 2021. She described her project to Mint Hill Commissioners on May 10 as […]

Industrial property

Avison Young negotiates the sale of a 39,800 square foot industrial property

Avison YoungThe New Jersey office announced Monday that it has arranged the sale of 149 New Dutch Lane in Fairfield. Built in 1979, the 39,800 square foot industrial property has 30,500 square feet of refrigerated warehouse space and is located in one of the most robust logistics centers in the Northeast. Avison Young senior vice […]

Residential propety

Hayden limits short-term rentals in residential areas

The town of Hayden is pictured on an EcoFlight tour of the Yampa Valley with Friends of the Yampa on Friday February 4, 2022.Dylan Anderson / Steamboat Pilot and Today Hayden will limit short-term rentals in residential areas to primary residences but allow them in commercial areas, a proactive move on an issue that has […]

Industrial property

Industrial property should heat up, driven by the influx of FDI | Business

The demand for industrial land and ready-made factories is expected to increase significantly this year, as investors can travel freely in Vietnam. (Photo: baochinhphu.vn) Hanoi (VNS/VNA) – The industrial property market is expected to warm up this year, driven by an influx of foreign direct investment (FDI), thanks to the improvement in the manufacturing sector […]

Residential propety

2021-2026 Residential Construction Estimating Software Market Dynamics Analysis

Growth Forecast Report on “Residential Construction Estimating Software Market Size | Industry Segment by Applications (Large Enterprise (1000+ Users), Mid-Size Enterprise (499-1000 Users), and Small Enterprise (1-499 Users), by Type (Basic (Less than $169/month), Standard ( $169-299/month) and Senior ($299+/month), Regional Outlook, Market Demand, Latest Trends, Residential Construction Estimating Software Industry Growth and Revenue by […]

Industrial property

Industrial property should heat up, driven by the influx of FDI

VIETNAM, March 19 – The demand for industrial land and ready-made factories is expected to increase significantly this year, as investors can travel freely in Việt Nam. — Stock Photo baochinhphu.vn HÀ NỘI — The industrial property market is expected to heat up this year, driven by an influx of foreign direct investment (FDI), thanks […]

Residential propety

Letter: Protect agricultural-residential areas | Letters

Letter: Protect agricultural-residential areas At Wednesday’s meeting of county commissioners, they passed a first reading to add new elements to conditional use permits for agricultural/residential areas of the county: (If you look at the meeting they also say private event accommodations but in my conversation with the planning commissioner this has not been added. There […]

Commercial property

The pandemic-related acceleration of Sun Belt’s office markets

Alexander Paul For years, investors have viewed the office markets of Boston, Chicago, Los Angeles, New York, San Francisco and Washington, D.C., as key investment opportunities – large gateway markets with enough growth potential to produce regular returns. However, during the most recent growth cycle, and particularly since the onset of the COVID-19 pandemic, a […]

Residential propety

M&G Real Estate Adds 30 Residential Assets in Japan to Asia Fund | News

M&G Real Estate has purchased a portfolio of 30 residential assets in the Japanese hub cities of Tokyo, Osaka and Nagoya for 49.2 billion yen (372 million euros). The assets will be held in the M&G Asia Property Fund and the deal brings M&G Real Estate’s multi-family assets under management in Japan to 109.3 billion […]

Commercial property

Commercial property impacted by COVID-19 has been softer than expected

Two years ago, as the COVID-19 pandemic took hold, the outlook for the commercial real estate sector rapidly deteriorated. With office workers sent home, hotels empty and storefronts gathering dust as buyers stayed away, building owners and lenders were vulnerable. No wonder real estate analysts are expecting a flood of defaults and commercial foreclosures. It […]

Commercial property

Medical Technology Company Expands to Phoenix Office Campus

IDEA Temp. Image courtesy of CBRE Becton, Dickinson and Co. increased the footprint of its Greater Phoenix office to nearly 153,000 square feet. The medical technology company signed a 165-month, 32,917 square foot lease extension at IDEA Tempe, a 1 million square foot incremental development in Tempe, Arizona. CBRE negotiated the agreement on behalf of […]

Residential propety

Police discover huge cannabis factory in residential property in Penlan, Swansea

Police discovered a huge cannabis factory inside a residential property. Officers executed a drugs warrant in the Penlan area of ​​Swansea and found 400 plants. They were seized from the property and police also found a sophisticated lighting system commonly used to power production. Investigations are continuing to try to find out who entered the […]

Commercial property

🌱 Skyrocket Commercial Property Deals + Redwood City Illuminated

Happy Thursday, people of Redwood City-Woodside! Here’s everything you need to know around town today. First, today’s weather forecast: The clouds give way to the sun. High: 64 Low: 43. Here are today’s top stories at Redwood City-Woodside: Silicon Valley has biggest year ever for commercial real estate transactions (The Mercury News) Redwood City lights […]

Industrial property

Faropoint Acquires 62,000 Square Foot Last Mile Industrial Property in Meadowlands for $17.7M

Faropointa leading real estate investment firm focused on last-mile industrial properties in high-population-growth markets, announced Wednesday the acquisition of 121 Moonachie Ave. – a 62,000 square foot building in Moonachie – for $17.7 million. “Northern New Jersey remains an attractive and competitive market for industrial investment as the need for last-mile logistics and distribution centers […]

Commercial property

A look at large-scale industrial projects in Phoenix

Phoenix. Image by Kevin Ellis via Pixabay As the space race continues, Greater Phoenix continues to establish itself as a vital industrial market. Supported by rapid population growth, optimal geographical position, business-friendly environment, solid infrastructure and available developable land, the city is poised to become a crucial location for logistics and manufacturing companies. “Greater Phoenix […]

Residential propety

Proposed residential rental development for Phillips Road in Kimberley – Kimberley Daily Bulletin

A residential rental development is proposed for land at the end of Phillips Road in Kimberley, adjacent to Selkirk Secondary School. The developer is Tribus Developments. Council gave the first two readings to a zoning bylaw that would allow development on Monday, March 14, 2022. The development would include studios, one and two bedroom units. […]

Commercial property

Can the Russian-Ukrainian crisis make CRE more sustainable?

With energy prices skyrocketing since Russia’s invasion of Ukraine, there is much talk about how to reduce America’s dependence on expensive foreign oil and reduce our reliance on oil and gas. gas, period. Does this mean that the Ukrainian crisis will accelerate energy efficiency and the transition to renewable energies? If the pattern of history […]

Industrial property

Real estate insider: Detroit planners working on industrial property investigation

Bryant said that shortly before he arrived in the city to take over the planning department, the city hired a new senior planner, Julie Connochie, whose background is in industrial planning. “We really gave him the reins to take a close look at the industrial landscape that exists in the city,” Bryant continued later in […]

Industrial property

Dalfen Industrial Acquires Industrial Property in the Charleston Area

The property is on the rapidly expanding I-26 corridor, which leads directly to all three ports in Charleston. The Charleston Industrial Market has been in the top 10 fastest growing MSAs by population and economy for several years. Population growth has been over 20% over the past two decades and tenants have demanded space at […]

Residential propety

Residential and Commercial Property Tax Rates 2022 MA Cities, Towns

MASSACHUSETTS – Residential tax rates have fallen in most Massachusetts communities for 2022. The median residential tax rate for communities with information available as of March. 14 is $14.58 per $1,000 of assessed value, according to the latest data from the Department of Revenue’s Local Services Division. That’s down from $15.24 per $1,000 of assessed […]

Residential propety

Over $750,000 in energy efficiency grants for low-income residential projects

SPRINGFIELD, Ill. (WCIA) – Illinois Environmental Protection Agency (Illinois EPA) Director John J. Kim announced that the Office of Energy has awarded $789,398 in grants to three low-income residential properties in Illinois. “The cost of energy is a significant burden for many families in Illinois. This investment in low-income single and multi-family residences will have […]

Residential propety

Residential real estate agents have a banner year

Last year was the best 12 months ever for some of Los Angeles’ top residential real estate agents. The top 5 agents based on sales volume in Los Angeles have each completed over $1 billion in real estate transactions. Kurt Rappaport of Beverly Hills-based Westside Estate Agency Inc. retained the top spot with $1.6 billion […]

Industrial property

Leda Holdings triples its budget in four years

ESR plans to redevelop the site, which houses old-style industrial buildings and brings in about $4.25 million in annual rent, into a multi-level logistics facility. Rob Ell, chief executive of Leda Holdings – and son of Bob Ell – said the company was still bullish on industrial property and planned to continue investing in the […]

Commercial property

Commercial Property Management Solutions Market Trends by 2026 with Top Key Players – Yardi Breeze, Total Management, Re-Leased, AppFolio, Property Matrix and SKYLINE

This Global Commercial Property Management Solution Market is an attempt to analyze the global opportunities in the field of the worldwide industry, its present capabilities and the potential of selected countries and regions in the market. The report to businesses and companies provides a better understanding of their ability to invest in the market. The […]

Residential propety

Proposed residential development for 4-12 Lambert Rd, Indooroopilly

Architectural rendering of Centa Property Group’s Indooroopilly development A development application has been submitted for a twelve storey residential development by Centa Property Group located at 4-12 Lambert Road and 7 Railway Avenue, Indooroopilly. Designed by Rothelowman, the development comprises x95 apartments, x4 retail rentals on the ground floor as well as a publicly accessible […]

Industrial property

It’s time to change Sungai Buloh’s industrial property market

KUALA LUMPUR (March 13): Bordering the bustling towns of Kepong and Damansara, Sungai Buloh has come of age over the past 20 years. The development of this area is anchored by industrial and residential segments. Sungai Buloh Industrial Market is well known for its many local small and medium enterprises (SMEs), especially those in the […]

Residential propety

OLD RESIDENTIAL HOME COULD BE TURNED INTO 2 HOUSES – Island Echo

A Freshwater Bay nursing home has closed and could be converted into homes. Carole and Nigel Brooke, owners of Ancona care residence in The Square, retire and, after several failed attempts to sell the 18-bed business, close it. All former residents have been relocated with the help of social services and staff have been redirected […]

Residential propety

HG Fenton Residential Communities Leased

Mission Valley-based HG Fenton Company, which oversees more than 3,500 apartments in the San Diego area, recently won several accolades related to this business. Nine of its rental communities have received the 2021 Top Rated Community Awards from ApartmentRatings, an El Segundo company. Honored communities include Bella Del Mar Apartments, BLVD North Park, Club River […]

Residential propety

Launch of a residential project up 26% in the State: Rera | Ahmedabad News

Ahmedabad: Responding to surging demand in residential real estate, new project listings increased by 26% in 2021-22 year-on-year in Gujarat. According to data from the Gujarat Real Estate Regulatory Authority (GujRERA), 17,444 new projects have been registered in Gujarat so far in 2021-22, compared to 13,949 last year. As demand increases, developers come up with […]

Commercial property

2022 Commercial Property Tax Appeals: The Transition from the COVID-19 Pandemic to the Endemic Environment

Property tax appeal filing season has suddenly arrived. The extent of the COVID-19 pandemic on real estate appraisals remains unclear, and many landlords may not even have begun to focus on how it has affected their property appraisals. The sectoral impact of the pandemic Certain types of goods seem to have been unquestionably negatively impacted […]

Commercial property

Colliers International expects healthy UK retail property returns in 2022

Commercial real estate is lagging, but the industrial sector will continue to help support returns as warehouses, prime office space and life science/pharmaceutical assets remain in demand. American-owned international estate agents Colliers International expect all sectors of the UK market to post positive growth in total returns in 2022, with the main industrial property sector […]

Industrial property

Cushman & Wakefield arranges $24.9M acquisition financing for industrial property in Pine Brook

Cushman and Wakefield was the exclusive advisor to Camber Real Estate Partners in connection with securing $24.875 million in acquisition financing for a 259,230 square foot industrial property located in Pine Brook. The three-year loan was granted by Voya Investment Management. A Cushman & Wakefield Equity, Debt & Structured Finance team comprising John Alascio, Chuck […]

Industrial property

Optimistic investment sentiment in the field of industrial property

The logistics sector has seen a number of large-scale investments in the first few months of the year as it experiences a period of significant growth which is vital to the ongoing development of the country’s economic recovery. Many real estate developers are looking for industrial land for quality warehouses and more, Photo: Le Toan […]

Industrial property

North Palisade Partners adds third SoCal industrial property in 60 days – Business Observer

North Palisade Partners is on a buying spree after adding a third industrial and self-storage development in Southern California to its portfolio in the past 60 days. In its latest move, the company announced it had acquired an 11-acre site in Pomona, eastern Los Angeles County, for $43.5 million. It is located at 2000 Boulevard […]

Commercial property

Mastercard renews the lease of its offices in Miami

801 Brickel. Image courtesy of Nuveen Real Estate Nuveen Real Estate has signed Mastercard International to a lease renewal of 53,700 square feet at 801 Brickel in Miami, ensuring the global payment technology solutions company remains in place at the iconic 415,000 square foot building that has housed it since 1986. With the help of […]

Residential propety

Faced with housing shortage, Newport decides to restrict Airbnbs in residential areas

Under Newport law, people can operate short-term rentals in residential areas if they receive a special use permit from the Newport Zoning Board of Review. On Wednesday evening, however, the city council voted unanimously to ban such properties in residential areas. The proposed changes will also require short-term rental hosts to obtain a special use […]

Commercial property

Denver Commercial Property Services Welcomes Arborist Matt Schovel

DENVER, March 10, 2022 /PRNewswire/ — Denver Commercial Property Services (DCPS), a leading commercial real estate services company based in Coloradois happy to welcome matt schovel as General Manager of the Plant Health and Tree Care segment. As a second generation Certified Arborist, Matt brings over 30 years of management experience and technical expertise to […]

Commercial property

Regent Properties Acquires Iconic Dallas Office Tower

Trammell Crow Centre. Image courtesy of Regent Properties Regent Properties announced the acquisition of Trammell Crow Center, a 50-story skyscraper located in the heart of downtown Dallas. The Los Angeles and Dallas-based company purchased the Class A office building from institutional investors advised by JP Morgan Global Alternatives. Regent did not disclose a sale price […]

Residential propety

Does residential real estate protect itself against inflation?

REAL Real estate has traditionally been viewed as a safe investment asset with a powerful ability to hedge against inflation compared to other assets such as stocks and bonds. However, the current pandemic-induced economic weakness is testing such a perception. Indeed, the runaway growth in house prices since the coronavirus outbreak has put the residential […]

Commercial property

Risk assessment of rising interest rates for CRE

Richard Rennell In mid-February, the Mortgage Bankers Association released commercial and multifamily mortgage lending figures for the fourth quarter of 2021, indicating that the last quarter was a record end to a record year for loans on commercial and multifamily properties. MBA’s quarterly figures showed a 79% increase in creations year over year and a […]

Residential propety

Residential property price index from November 2021 to January 2022

MACAO, March 8 – Information from the Statistics and Census Service (DSEC) indicates that the overall residential property price index for November 2021 – January 2022 has decreased by 1.0% compared to the previous period ( October – December 2021) to stand at 264.8. The Macau Peninsula (264.2) and Taipa & Coloane (267.3) indices fell […]

Residential propety

DEC reminds New Yorkers that annual residential brush burning ban begins March 16

DEC photo submitted of a fire in Beekman. Tue March 8, 2022 3:55 p.m. Says spring burning ban reduces wildfire risk, protects lives and property New York State Department of Environmental Conservation Commissioner Basil Seggos announced that the annual statewide ban on residential brush burning will begin March 16 and continue until May 14. “With […]

Commercial property

Growth in Scottish commercial property will be ‘moderate’ in 2022

Growth in Scottish commercial property prices is expected to “moderate” to 9.6% in 2022 and 6.4% in 2023 as rental expansion slows and yields stabilise. International real estate firm Colliers explained that this follows a six-year high of 16.5% in 2021, with the industrial sector, retail warehousing, prime offices and life sciences all remaining popular […]

Commercial property

Potential impact of the Russian-Ukrainian conflict on the commercial real estate market in South Africa

It is too early, and the future of the Russian-Ukrainian conflict is too uncertain, to say with certainty what the extent of the economic and real estate impact in South Africa could be. However, there are seemingly obvious potential points of impact on the national real estate market via economic impacts. First, the conflict appears […]

Commercial property

Harrison Drury joins the commercial property team at Clitheroe

News LGW Hub Legal services North West law firm Harrison Drury has appointed Danielle Jesson to its commercial property team in Clitheroe. Danielle joins Harrison Drury of Steele & Son at Bagot Heyes, where she trained and then qualified as a barrister in 2020. As a member of Harrison Drury’s commercial property team based in […]

Residential propety

City Council forces landlords to raise rent for residential units | Tucker Arensberg, CP

The Pittsburgh City Council has voted to enact a program that will require registration, fees and inspections for all residential rentals within city limits, starting in May. This same program was proposed and put to a vote years ago, but failed amid legal challenges based on the fee structure. To help push the program through […]

Commercial property

New faces and major promotion at expert in commercial real estate

East Midlands commercial property expert Andrew + Ashwell is off to a strong start in 2022 with new hires and a major promotion. The Leicester-based firm recently added new faces Jef Bale and Harry Brown to the specialist team at the London Road A+A office, with a well-deserved promotion to Associate Director of Chartered Surveyor […]

Residential propety

Dairy farms in Uttar Pradesh to be moved away from residential areas as per NGT guidelines

“Chief Secretary DS Mishra held a meeting with the heads of the livestock department and the pollution control board in this regard here on Friday and requested them to present their project reports at the next meeting on 18 March, after which the new government will decide. a […]

Industrial property

NAI Legacy acquires industrial property for the expansion of the Jonny Pops company

NAI Legacy Acquires 80,000 Square Foot Industrial Facility Acquisition for DST Placement Minneapolis, MN – NAI Legacy and its affiliates are pleased to announce the acquisition of the ±80,000 square foot industrial property for JonnyPops’ new corporate headquarters. The new facility, what they call the “Plant for the Future” project, is located ±30 miles outside […]

Industrial property

Hunt Midwest Completes Sale of 322,000 Square Foot Industrial Property in Louisville

Kansas City-based commercial real estate company Chasing the Midwest recently completed the sale of Blankenbaker Logistics Center, a 322,831 square foot industrial transhipment project, in Louisville, Kentucky, for $43 million. The buyer was Bixby Land Company, a private REIT based in Newport Beach, Calif. Piston Automotive signed a full construction lease prior to construction completion. […]

Commercial property

How Texas is using the commercial property tax code to accelerate growth

Everything is bigger in Texas, including the tax code. Unique provisions in a state funded primarily by property taxes give commercial owners more control over how and where local government dollars are spent. The Lone Star State uses more than 200 Tax Revenue Reinvestment Zones (TIRZ, pronounced as turs) to meet the growing appetite for […]

Residential propety

Does Kelowna rezone residential land to buy it cheaper later? – Wilson on Water Street

Picture: Contributed Kelowna City Hall What if you work hard your whole life, buy yourself a nice house that you see yourself living in forever, but one day the city says they want to buy your house. But before he buys it from you, he rezones the land it belongs to as a park, which […]

Residential propety

Board discusses JSDC’s role in residential development – Jamestown Sun

JAMESTOWN – Most of the board members of Jamestown/Stutsman Development Corp. agree that the JSDC should play a role in residential development. The JSDC Board of Directors discussed Monday (February 28) the organization’s role in the development of residential housing in the Jamestown area. It’s important to understand that community and economic development are not […]

Residential propety

ITA prohibits “mixed use fees” to regularize the use of residential premises for business purposes against income from the ownership of the home

the Delhi Bench of the Income Tax Appeal Tribunal (ITAT) rejected “mixed use charges” to regularize the use of residential premises for business purposes against the income from home ownership. The two member bench of NKBillaiya (accounting member) and Yogesh Kumar US (judicial member) felt that levying the annual mixed charge will not make any […]

Industrial property

NAI Legacy Acquires Industrial Property for Jonny Pops Expansion

ELK RIVER, MN, USA, March 4, 2022 /EINPresswire.com/ — Contact information: INA’s legacy Amelia Bjorklund investment analyst 3600 American Boulevard West Suite 360 Bloomington, Minnesota 55431 (952) 491-3069 [email protected] NAI Legacy Acquires 80,000 Square Foot Industrial Facility Acquisition for DST Placement Minneapolis, MN – NAI Legacy and its affiliates are pleased to announce the acquisition […]

Commercial property

South Florida’s First Specification Cold Storage Facility Lands Tenant

Bridge Industrial has yet to complete Bridge Point Cold Logistics Center, the first cold storage facility for rent to be developed on a speculative basis in South Florida, and already the company has landed a tenant to occupy the building. of 312,000 square feet. in its entirety. Bridge recently signed FreezPak to a full construction […]

Residential propety

Broad Ripple residential development proposal faces neighborhood opposition

INDIANAPOLIS — The Nora-Northside Community Council has voted to oppose a development on Westfield Boulevard. The Willows Event Center has been owned and operated by Antonia Zunarelli and her business partners for over 30 years. The center was impacted during the pandemic and is no longer viable, so Zunarelli and his family decided to level […]

Commercial property

Harrison Drury joins the commercial real estate team | North West Real Estate News

pd Lara Watts, Danielle Jesson and Roberto Bonaminio Law firm Harrison Drury has appointed its commercial property team to Clitheroe. Danielle Jesson joins Harrison Drury of Steele & Son at Bagot Heyes, where she trained and graduated as a barrister in 2020. As a member of the company’s commercial property team, Jesson will primarily handle […]

Commercial property

When to Consider Commercial Property

Australians love bricks and mortar – but there are times when commercial property can make more sense than residential accommodation. We look at five reasons why it might be time to consider commercial property. 1. Your price is out of the residential market It’s no secret that home values ​​have skyrocketed over the past year. […]

Commercial property

3 ways to invest in commercial real estate

The real estate market is not limited to residential housing, and an investment in commercial real estate can bring valuable diversity to a portfolio. Here’s how to get involved. Commercial real estate has long had a reputation for offering higher rental yields and longer leases than residential real estate. This can make it a useful […]

Residential propety

Squamish’s Hunter Place residential and commercial project passes third reading

The five-building complex cleared all of the most significant hurdles to approval. A major development proposal at Hunter Place has received third reading, meaning the project has cleared the biggest hurdle to rezoning. On March 1, a public hearing was held in the council chamber, where some residents expressed their concerns. Subsequently, council deliberated on […]

Commercial property

How to Identify a Quality Commercial Real Estate Investment

Commercial real estate can be a very attractive investment, and the key to success starts with a careful selection process. Australians are familiar with residential real estate as an investment. But commercial real estate can be a very attractive addition to a portfolio. One of the most compelling aspects of commercial real estate is the […]

Commercial property

Brookfield Properties Completes $1 Billion Mixed-Use Project in San Francisco

Mayor London Breed addresses the crowd at the opening ceremony of 5M. Photo courtesy of Kathleen Sheffer Brookfield Propertiesin partnership with Hearst Corp., has completed construction on 5M, a $1 billion mixed-use development in San Francisco’s SoMa. An opening ceremony was held on March 1, attended by municipal representatives, arts organizations and community groups. Started […]

Residential propety

Columbia Residential appoints Carmen Chubb as new president – ​​Decaturish

Atlanta, Georgia— Columbia Residential, an affordable housing developer, owner and manager, announced Tuesday that Carmen Chubb has been named the company’s president. She will be responsible for managing the development and asset management and housing preservation divisions of Columbia Residential, according to a press release. “This is an important milestone for our business,” said Jim […]

Industrial property

Ocean West Capital buys Flex industrial property in Los Angeles

Ocean West Capital Partners has acquired Smoky Hollow Flex Campus, a 152,000 square foot flexible industrial building, in an off-market deal. Situated on 5.1 acres in the Smoky Hollow neighborhood of El Segundo, the property sits in one of Southern California’s most desirable industrial areas. The 1960s period building currently features a brick facade, roll-up […]

Residential propety

Rehda: Residential Tenancies Act Needs Careful Review and Review

PETALING JAYA (2 Mar): The Malaysian Housing and Property Developers Association (Rehda) is aware of the Residential Tenancy Act (RTA) proposed by the Ministry of Housing and Local Government (KPKT), which recently is subject to a month-long consultation period with relevant stakeholders. In a statement, Acting Chairman of Rehda, Datuk NK Tong (pictured), acknowledged the […]

Commercial property

Chicago property taxes weigh too heavily on commercial property owners: editorial

Source: Cook County Adjusted Median Sales Valuation Ratios. Illinois Department of Revenue, 2019 and 2020 sales ratio studies evaluating 2018 and 2019 valuations. Then, in 2020, Kaegi used the pandemic as an excuse to further reduce residential assessments and shift even more taxes to struggling businesses, this time over the whole department. To do this, […]

Residential propety

Wellness and sustainability are the stars of residential tile trends in 2022

What’s the Home Use Tile Trend and Why Should You Care? This versatile material is ideal for projects emphasizing sustainability, well-being and creativity. The latest offerings will be showcased next month at Coverings, North America’s largest tile and stone show. Here’s an overview with input from two industry professionals who follow this category. Large format […]

Commercial property

Hermès moves its headquarters to the former Sony building

The luxury fashion brand is moving to the Plaza District of Manhattan. 550 Madison Ave. before the overhaul The Olayan Group signed a 71,757 square foot lease with a French luxury design house Hermes in the iconic building at 550 Madison Ave. in the Plaza area of ​​Midtown Manhattan. The world-renowned fashion brand will relocate […]

Industrial property

Faropoint buys industrial property on Philips Highway | Jax Daily Record | Jacksonville Daily Record

Faropoint, based in Hoboken, New Jersey, purchased a 100,625 square foot industrial building at 7720 Philips Highway on Feb. 28 for $9.6 million. Robert T. Wolfenden Separate Living Trust has sold it, according to a press release from real estate firm Colliers. Jaguar Power Sports and Setzer’s lease the property. Eric Bumgarner, executive director of […]

Commercial property

Commercial property rent reviews – it’s all in the wording

REAL ESTATE costs are often one of a company’s largest expenses, and as businesses face increasing cost pressures elsewhere, including wages, energy and materials, it is more important that never to make sure they are negotiating the right commercial property lease. When entering into a new commercial lease, the initial rent is negotiated and agreed […]