Commercial property

Home, commercial property values ​​rise in Pierce County

Property values ​​have increased in Pierce County. Home values ​​in the county have increased by an average of $80,000 over the past year, according to Pierce County Assessor-Treasurer Mike Lonergan. Residential property values ​​have increased by more than 19% this year, compared to 16% in 2021. Lonergan said rising property values ​​don’t mean homeowners should […]

Commercial property

Market turmoil dampens mood at CREFC

Image by Gerd Altmann via Pixabay Commercial real estate transaction activity is expected to fall due to economic uncertainty and rising interest rates that have led to a sharp rise in mortgage rates, panelists said. CRE Finance Council‘s annual conference this week. The conference took place as turmoil rocked the financial markets. The Federal Reserve […]

Commercial property

Drawbridge enters DFW with office purchase

HQ53 real estate drawbridge entered the Dallas-Fort Worth market with the acquisition of HQ53, a newly constructed office building totaling 248,661 square feet in Plano, Texas. Cawley Partners sold the asset, which is fully leased to Aimbridge Inn. Newmark represented the seller in the transaction, while Provident life insurance company. facilitated the deal with an […]

Commercial property

Clinical Advanced and Commercial Property Management Solutions Market Research by 2031 – Designer Women

Market reports has recently released a new study in its database which highlights the in-depth analysis of the market with the future prospects of Commercial Property Management Solutions Market. The study covers important data that makes the research document a handy resource for managers, industry executives and other key people who get a ready-to-access, self-analyzed […]

Commercial property

Hines forms $1.5 billion investment vehicle

CIBC Square, Toronto. Image courtesy of Hines hines recently revealed the formation of an investment vehicle that will target the acquisition and development of various commercial real estate assets in strategic markets across Canada. The Houston-based global real estate company has closed a capital round of C$2 billion, or approximately $1.5 billion, for the pursuit […]

Commercial property

Commercial property lawyers tap into demand for northeast homes

Commercial property lawyers tap into demand for northeast homes Calendar An icon of a desktop calendar. to cancel An icon of a circle with a diagonal line across it. Caret A right-pointing solid arrow icon. E-mail An icon of a paper envelope. Facebook An icon of Facebook’s “f” mark. Google An icon of Google’s “G” […]

Commercial property

For REITs, the NOI recovery is moving in the right direction

Stephen Boyd, Director of US REITs, Fitch Ratings With the summer season approaching, more and more people are eager to travel, shop and return to in-person establishments. As the country continues its slow recovery from the COVID pandemic, the latest signs point to a promising stabilization in REIT real estate NOI. In fact, Fitch found […]

Commercial property

Commercial Property Insurance Market Research Overview 2022 Industry Growth Analysis by Top Key Players, Share, Size, Global Trends, Demand and Forecast 2027

There “commercial property insurance market” Research report 2021-2027 offering a comprehensive overview of market size, share and growth opportunities, industry segmentation by product type, applications and geographical representation. The report highlights product development as well as technological upgrades that can drive the growth of the market. The Commercial Property Insurance market report includes analysis […]

Commercial property

Austin office development still strong

Several office towers are going ahead with construction. The Texas capital has been at the top of the country’s office development pipeline for the past year. As of April, Austin’s under construction inventory stood at 10.3 million square feet, according to business advantage. The Metro’s new supply pipeline accounted for 11.7% of its total inventory, […]

Commercial property

Commercial property sales slowed in spring 2022 as rising interest rates deterred buyers

The US commercial real estate market slowed for the first time in 13 months as rising interest rates and inflation raised concerns across the sector. Commercial property sales for April fell 16% from the same month in 2021 to $39.4 billion, according to an MSCI Real Assets report last month. In contrast, total commercial property […]

Commercial property

Business real estate: The rise of electric vehicles

The rising cost of living, and in particular that of fuel, has been the main topic of conversation for many households in recent weeks, especially as the price of petrol is expected to hit £2 a liter in the next days. So it’s no surprise that pressure is starting to mount on employers to raise […]

Commercial property

Subsidiary of Hepsor AS has completed the acquisition of a commercial real estate development project in Latvia

HEPSOR AS Hepsor Latvia OÜ, a subsidiary of Hepsor AS, has signed a real rights contract and acquired a plot of land of 30,624 m2 at Ganibu Dambis 17A, city of Riga on June 13, 2022. The contract under the law of obligations was signed on December 28, 2021. The property has 13 buildings of […]

Commercial property

Commercial real estate projects: Housing, commercial real estate projects worth Rs 4,344 cr offered in UP

Up to 19 big-ticket real estate and commercial property projects worth Rs 4,344 crore have been proposed in Uttar Pradesh following the third Groundbreaking Ceremony (GBC-3) which took place is held in Lucknow on June 3 to attract industrial investment, according to an official statement. This does not include the construction of structures for other […]

Commercial property

Investing in commercial real estate can pay you back in 2022-23; here’s how

Experts would agree that the coronavirus pandemic has had a positive impact on the real estate market. Sales picked up fairly quickly given the growing awareness of the importance of owning a home. This brought fence keepers back to the forefront of safeguarding their investments by purchasing real estate. The residential and commercial real estate […]

Commercial property

Tishman Speyer sells Meta Campus

Sunnyvale office campuses at 1275, 1345, 1375, and 1395 Crossman Ave. Image courtesy of Jeff Peters Photography Seven months after leasing an office campus in Sunnyvale, California to Meta and 14 months after buying the 719,037 square foot property for $356 million, Tishman Speyer sold the complex to Commonwealth Partners for $707 million in Silicon […]

Commercial property

CRG’s $105 million Build-to-Suit project in Arkansas moves forward

Rendering of The Cubes brand. Image courtesy of CRG CRG will soon add to its growing logistics portfolio, now that the company has begun development on an approximately 1.2 million square foot bespoke industrial development in North Little Rock, Ark. CRG is building the $105 million facility, which will operate under the real estate company’s […]

Commercial property

Fixed fee broker finds CRE

Lew Sichelman The so-called disruptors have, well, disrupted the housing market. The field is now riddled with discount brokers. Agents aren’t even necessary for owners of 40 major markets who want to avoid the hassle of open houses and back-and-forth sales by selling their places to iBuyers, i.e. instant, institutional buyers. or internet. Other companies […]

Commercial property

Blackmon Mooring & BMS CAT Hire Commercial Property Sales Manager

“Maggie grew up in this company, and I couldn’t be more excited to have her on our National Accounts team. Her spirit and work ethic are second to none, and you can’t help to love her,” said Karee Huggins, Vice President of Sales at Blackmon Mooring & BMS CAT. “I can’t wait to see what […]

Commercial property

Tech company is heading to the Dallas area

Doosan Robotics Americas will establish its US headquarters in Plano. A western heritage Another tech company is heading to Texas. Doosan Robotics Inc.South Korean supplier of cobots, that is to say collaborative robots, has created a new business unit which will establish its American headquarters near Dallas, in Plano. From October, Gaedeke Group7950 Legacy Drive […]

Commercial property

Majestic Realty appoints Reon Roski CEO

A third-generation company executive, Roski has served on the board for 25 years. Reon Roski, CEO of Majestic Realty (image courtesy of Majestic Realty) Reon Roski will be the third generation in his family to take on a leadership role at majestic building, the firm announced on Tuesday. As CEO, Roski will partner with his […]

Commercial property

Lots of commercial properties across Scotland are set to go under the hammer

The Sauchiehall Street site SHEPHERD Chartered Surveyors has revealed the company’s latest commercial property auction, featuring 27 lots across Scotland, will be broadcast online with remote bidding only Wednesday, June 8 at 2:30 p.m. The The catalog showcases a range of opportunities, including retail, office, licensed leisure, commercial investment, development sites and residential investment. One […]

Commercial property

JBG SMITH drives change forward with $228 million DC deal

Universal North and South. Image courtesy of Newmark JBG SMITH the sale of a pair of office buildings in Washington, DC, is helping its transition to a multi-family orientation and its flagship National Landing project. The latest move is the $228 million sale of two Class B office buildings in downtown Washington, D.C. post brothers […]

Commercial property

Walker & Dunlop Investment Partners Forms $500 Million Joint Venture

Mitchell Resnick, Senior Vice President and Group Head of Investment Management and Private Equity Platform, Walker & Dunlop. Image courtesy of Walker & Dunlop Walker & Dunlop Investment Partners Inc., the alternative investment manager wholly owned by Walker & Dunlop, has formed a $500 million joint venture with Pacific life to make equity investments in […]

Commercial property

Impact of rising fuel prices on commercial real estate

It is well known that the cumulative increase in fuel prices has contributed significantly to overall consumer price inflation, and this new increase continues that pressure. For many consumers, spending on fuel is hard to avoid, which means many need to reprioritize and likely cut back on non-essential spending more, as well as delay low-frequency […]

Commercial property

2022 Best Commercial Real Estate Brokerage Firms

You can also read our other rankings of the most powerful brokerage firms. Rank Company 2021 Investment Sales Volume ($M) 2021 square feet leased (000s) Number of brokers Property type 1 CBRE $388,700.00 1.5 million – O, I, R, M, X 2 Cushman and Wakefield $160,000.00 852,000 6,847 O, I, R, M, X 3 Newmark* […]

Commercial property

Record value of corporate and commercial real estate transactions in May

Dawson Radford Solicitors celebrate record value of corporate and commercial real estate transactions in May. Reports of a buoyant buying and selling market appear to be true, as Dawson Radford completed over £37,000,000 in trades in just one month. “To say we’re just a small team, the value of deals closed this month is incredible […]

Commercial property

cos. JV unveils design for mixed-use project

The Detroit neighborhood. Image courtesy of Related Cos. and Olympia Development of Michigan The Detroit neighborhood. Image courtesy of Related Cos. and Olympia Development of Michigan The Detroit neighborhood. Image courtesy of Related Cos. and Olympia Development of Michigan The Detroit neighborhood. Image courtesy of Related Cos. and Olympia Development of Michigan Related Cos. and […]

Commercial property

Wilton Real Estate Report (May 20-26, 2022): One Commercial Property and Seven Homes Change Hands

At $2.35 million, 550 Ridgefield Rd. was the top-selling residential property in the week ending May 26, 2022 Every week the Wilton Town ClerkThe bureau releases data on real estate transactions for the previous week. For the period of one week from May 20-26, 2022town clerk Lori Kabak reported eight properties transferred to new owners. […]

Commercial property

Presidio Bay Ventures’ Bay Area project moves forward

777 Industrial Road Groundbreaking Event. Image courtesy of Presidio Bay Ventures Work is underway on the Life Sciences and R&D development at 777 Industrial Road in San Carlos, CA. Presidio Bay Ventures will transform the existing 45,000 square foot dealership building into a completely redeveloped 147,000 square foot life sciences facility. The four-story project is […]

Commercial property

Intel picks construction team for $20 billion megadevelopment

An aerial view of the first two Intel chip plans in New Albany, Ohio. Image courtesy of Intel A diverse Ohio-based team led by Gilbane Building Co. will take care of the first excavation works of two new Intel planned chip factories in New Albany, Ohio, which form the first phase of what will be […]

Commercial property

Downtown LA Office Tower Legendary Group Plans

Above. Image courtesy of Gensler The legendary group is preparing to deliver 350,000 square feet of speculative creative office space to a pocket of the Los Angeles market that is seeing growing demand for the product. The developer will build a 17-story tower called Above from the ground up in the Downtown Los Angeles Arts […]

Commercial property

Siddiqsons Ltd donates commercial property to AKUH

A simple and gracious ceremony took place this morning at Ocean Mall and Tower near Do Talwar, in which Siddiqsons Ltd (SSL) handed over a property located in SSL’s new ‘Ocean Residency – Hub’ project to the hospital Aga Khan University (AKUH) for the establishment of an Aga Khan Laboratory and Medical Centre. SSL President, […]

Commercial property

Schnitzer West launches Seattle-area office project

The Arcadian in Bellevue, Washington, looking east on 106th Avenue NE at the outer plaza, podium, and tower. Image courtesy of Schnitzer West Schnitzer West plans to build a 19-story, 458,000 square foot office tower in downtown Bellevue, Washington, with approximately 5,000 square feet of retail space on the ground floor. The West Coast-based investment, […]

Commercial property

Long Island Warehouses Leased by Amazon Land Refi

1770 Walt Whitman Road and 540 Broadhollow Road. Image courtesy of JLL Capital Markets JLL Capital Markets orchestrated a refinancing deal for 1770 Walt Whitman Road and 540 Broadhollow Road, two last-mile distribution facilities covering a total of approximately 310,000 square feet in Melville, NY JLL secured $35 million for fully leased industrial properties of […]

Commercial property

5 Factors to Consider When Buying Commercial Property

Buying a commercial property can be a great investment. It’s true whether you buy it to rent, renovate and sell it, or to use it for yourself. When you choose the right places, you can end up with a portfolio that keeps on increasing in value and generates many streams of income each month. That […]

Commercial property

Oligarch’s son sanctioned and a £160m London property empire | Commercial property

The son of a Russian billionaire facing sanctions for supporting the dictator who rules Belarus has been linked to a £160million portfolio of properties in London. Said Gutseriev, a 34-year-old businessman of British and Russian nationality, appears to have spent years amassing a collection of at least seven properties in central London. They range from […]

Commercial property

The construction of the building begins to gain momentum: Dodge

Image by Josue Isai Ramos Figueroa via Unsplash The construction sector seems to have returned its momentum from the first quarter to the second quarter of 2022, according to Dodge Data & Analytics. The company’s latest research study of total U.S. housing starts in April showed an overall rise of 3%, to a seasonally-adjusted annual […]

Commercial property

NYC brokers stay positive while waiting at the office

New York City Skyline. Image by ben o’bro via unsplash.com Realtors’ confidence in the real estate market continues to decline, but their attitude hasn’t crossed the line into a state of negativity, according to the Real Estate Board of New York’s Q1 2022 Realtors Confidence Index. . Participating brokers’ confidence in commercial and residential real […]

Commercial property

Top 5 New York Industrial Building Sales — April 2022

PropertyShark has compiled the best deals in town for the area. Source: PropertyShark, a company of Yardi Systems Inc. 184-10 Jamaica Avenue, QueensSelling price: $73,500,000 184-10 Jamaica Ave. Image courtesy of Google Street View KABR Group acquired the 226,605 square foot building along with 184-60 Jamaica Ave. adjacent totaling 287,240 square feet in Hollis. A […]

Commercial property

Interest in Kelowna commercial properties is booming – Keremeos Review

A booming commercial and development real estate market in Kelowna shows no signs of slowing down, says a local business and investment broker. Terse Cairns of Faith Wilson – Christie’s International Real Estate describes the Kelowna market as “very dynamic and extremely competitive,” with investors hailing from across Canada and Europe. “The demand for investment […]

Commercial property

Kelowna’s commercial real estate interests are thriving – Vernon Morning Star

A booming commercial and development real estate market in Kelowna shows no signs of slowing down, says a local business and investment broker. Terse Cairns of Faith Wilson – Christie’s International Real Estate describes the Kelowna market as “very dynamic and extremely competitive,” with investors hailing from across Canada and Europe. “The demand for investment […]

Commercial property

Meeting CRE’s Investment Challenges: Highlights from the DLA Piper Summit

Panel on Capital Markets at the DLA Piper Summit. From left to right, Anar Chudgar, Brian Kavoogian, David Lentz and James Reynolds. Challenges not seen for generations, higher operating costs and a fluid global situation: these issues shape all financial market trends and strategy. But at the DLA Piper Global Summit, industry leaders offered the […]

Commercial property

Impact of rising interest rates on SMEs, agriculture and commercial real estate

A 50 basis point larger rally leads us to expect a further slowdown in commercial real estate sales activity in the second half of 2022, says John Loos, real estate strategist at FNB Commercial Property Finance . The South African Reserve Bank’s decision to raise the repo rate by 50 basis points (bps) to 4.75% […]

Commercial property

Under The Hammer: the commercial real estate market more active in 1Q2022

Low interest rate, rising prices of construction and building materials, as well as relaxation of standard operating procedures (SOPs) have been some of the main reasons why the real estate auction market has become more dynamic in the first quarter of 2022, according to the director of the Property Auction House. director Danny Loh. Loh […]

Commercial property

Industry Leaders Take the Pulse of CRE at DLA Piper Summit

Industry leaders discuss trends at DLA Piper’s opening session in Chicago. From left to right: Tinchuck A. Ng, Debra Cafaro, Carly Tripp, Michael Byrne and Christopher Merrill. DLA Piper’s The Global Real Estate Summit in Chicago kicked off with a panel of top executives discussing their views on the industry in today’s volatile and volatile […]

Commercial property

Finding the Right Fit for CRE Conversion Projects

Marc Coe With swathes of vacant space in office buildings and other commercial properties now seen as obsolete in the eyes of today’s tenants – a trend which, like many others, predates the pandemic but has been accelerated by her – there’s been quite a bit of conversation about how these empty or nearly empty […]

Commercial property

Emerging opportunities in commercial real estate post-lockdown

The commercial property market in South Africa remains a more reliable form of investment with capital growth over time, according to Franz Gmeiner, CEO of Orion Real Estate. All industries and businesses have been impacted in some way by the Covid-19 pandemic, including how their commercial properties are used. The rise of remote working, the […]

Commercial property

The state of commercial property after the July unrest and recent flooding in KZN

The July 2021 unrest in parts of Kwazulu-Natal (KZN) and Gauteng and recent flooding in KZN damaged properties as the area was still recovering from Covid-19. Over the past two months, the commercial real estate sector has experienced challenges that have threatened recovery from closures in 2020 and 2021. The July 2021 unrest in parts […]

Commercial property

Philadelphia 1st Development Revolutionary Property Plans

2300 Market. Image courtesy of Breakthrough Properties/KieranTimberlake Revolutionary properties announced that it will convert the 2300 block Market St. site in downtown Philadelphia into a new life sciences campus. The company, a joint venture created by Tishman Speyer and Bellco Capitalwill add 200,000 square feet of state-of-the-art life sciences space to the market with the […]

Commercial property

CRE confidence is up in DLA Piper’s annual sentiment survey

Despite geopolitical uncertainty, rising interest rates and soaring inflation, Piper DLAReal estate executives are as confident as they were last year, and more, in the annual confidence survey. Respondents, which included corporate clients and other senior commercial real estate executives, were asked to rate their confidence in the real estate market over the next 12 […]

Commercial property

Business real estate and SMSF: the secret weapon in the back pocket of the entrepreneur

Promoted by Blue Crane Capital As the SMSF sector continues to grow year over year, commercial and residential properties are attractive to SMSF trustees for a variety of reasons. The main fundamental advantage of SMSF loans is that they allow a borrower to invest directly in residential or commercial property using the funds accumulated in […]

Commercial property

Commercial real estate is good business

Commercial real estate has long been a popular option for investors looking for an alternative to stocks and corporate bonds. Offices, malls, warehouses and factories can provide good regular income through rental yields. It should never be more than a small part of a portfolio, but investing money in bricks and mortar can be a […]

Commercial property

Is commercial real estate a good hedge against inflation?

Commercial real estate has the advantage of providing landlords with a high income, usually a higher return than residential real estate, provided your tenants stay, rents can be increased regularly to keep pace with inflation , and when finances are at stake, interest rates are not too high. A commercial owner, the Alternative Income Reit […]

Commercial property

A commercial real estate company is the latest tenant in the new Uptown Dallas skyscraper

A growing commercial real estate company is moving most of its local operations to a new high-rise in downtown Dallas. Newmark Group is taking up two floors in the recently completed Link at Uptown office tower on Olive Street north of downtown. Newmark will combine operations currently located in three Dallas-area locations into the 25-story […]

Commercial property

Qmerit Partners with BTR Energy to Help Commercial Building Owners Monetize Electric Vehicle Charging

The partnership combines a simplified charging facility with a streamlined way to operate California carbon credits IRVINE, Calif., May 12, 2022 /PRNewswire/ — Qmerit, the leading provider of implementation solutions for electric vehicle charging and other electrification technologies, and BTR Energy (BTR), an advanced platform to measure and reduce emissions and participate in low-carbon transportation […]

Commercial property

Lincoln Property JV sells Phoenix Asset

Paradise Village office park. Image courtesy of CBRE Time Actions Inc. of New York has acquired the 268,516 square foot Paradise Village Office Park in Phoenix. CBRE represented the sellers, Sterling shares and Lincoln Property Co. Located at 11811 N. Tatum Blvd., the five-story Class A office building features a glass facade, five-story atrium lobby, […]

Commercial property

Commercial property of the week | Cummins Garage | Port Lincoln Hours

Commercial property of the week 40 Bruce Terrace, Cummins All offers considered AGENCY: Raine & Horne Port Lincoln AGENT: David Guidera CONTACT: 0427 762 566 Located in Cummins on the Lower Eyre Peninsula, this thriving auto mechanics and electricians business is ready to welcome a new owner who will take over and leave their mark. […]

Commercial property

Asian investors are back and buying commercial property

Mr. Tong added that wealthy Asian investors have a 50% stake in the portfolio’s eight assets. Asian investors also bought two child care centres, including a long-leased Little Locals operation in Auchenflower, Brisbane, for just over $11 million, representing a yield of 4.5%. Mr. Tong said pre-pandemic Asian investors were certainly active but generally managed […]

Commercial property

Investment Trust Portfolio: Commercial Real Estate Blues

Last month’s article (“Shifting dials”, IC, April 24) highlighted that the dial is shifting on a range of issues and how that is contributing to one of the most challenging investment environments in decades. decades. Appropriate portfolio diversification relative to mission and risk profile is now more important than ever. This should include adequate protection […]

Commercial property

The West End commercial property sector is booming, but will East London soon follow?

London’s West End property giants Shaftesbury PLC (LSE:SHB) and Capital & Counties (LSE:CAPC) (Capco) Properties PLC are heading for a £3.5bn merger appears to be a further sign that the region is booming in the post-pandemic period. The combined real estate investment trust (REIT) would own a portfolio of approximately 2.9 million square feet of […]

Commercial property

Commercial real estate funds – consistency in uncertain times

We talked about it. And now it has finally happened. The Reserve Bank raised interest rates by 0.25%, and this has already had an impact on the equity market. But in these uncertain times, commercial real estate funds can be a stable and reliable investment. There are a lot of things weighing on the minds […]

Commercial property

How to protect commercial property with the help of technology?

Technology has long simplified and streamlined complex tasks in all spheres of human life. With each passing day, it evolves and becomes more and more advanced, turning the most unimaginable things into reality. Gone are the days when technology simply shaped the way we communicated or helped restructure work tasks, the newest use of technology […]

Commercial property

Guide to buying your first commercial property

Even for seasoned investors, buying commercial property can be a difficult task. It is not the same as buying a residence. It takes research, effort and foresight. However, buying commercial property can be a prudent investment under the right circumstances, and the potential benefits can be enormous. In this article, we’ll go over some buying […]

Commercial property

Business real estate must “prepare” for the energy transition.

Good intentions can be difficult to translate into practical action, but that’s what the commercial real estate industry needs to do to achieve global net-zero carbon goals. The building sector represents more than 20% of global energy consumption and is recognized as one of the sectors for which the transition is not so simple, because […]

Commercial property

Boeing will move its headquarters to Arlington

Changing office usage patterns, along with plans for growth, prompted the decision to leave Chicago. Boeing location in Arlington, Virginia. Photo courtesy of Boeing Boeing will move its headquarters from Chicago to Arlington, Va., and establish a research and development center there, the company announced Thursday. The move will bring the aerospace and defense giant […]

Commercial property

Agent reports rise in commercial property valuations

Published: 08:00 4 May 2022 Brown&Co’s Robert Flint reflects on the reasons for the increase in commercial property valuations over the past 12 months. While public attention has focused on the residential real estate market lately, the economic engine of commercial real estate has quietly receded into the background. It has never been so obvious; […]

Commercial property

Rockpoint and ADIA to invest $2 billion in industrial real estate

Image by Adrian Sulyok via Unsplash rocky point and a wholly owned subsidiary of Abu Dhabi Investment Authority have formed a platform targeting industrial investment opportunities totaling about $2 billion, the companies announced on Monday. This investment vehicle would focus on “industrial core construction investments in high-barrier-to-entry locations in the infill, demand-driven, gateway and growth […]

Commercial property

Sales of commercial properties increased by double digits in the first quarter

U.S. commercial property sales grew double-digit year-over-year in the first quarter, according to the latest edition of Real Capital Analytics’ US Capital Trends. Deal flow across all asset classes rose 56% overall in the first quarter from the same period a year ago and was up 47% in March from year-ago totals, according to The […]

Commercial property

Junior Commercial Property Manager job at Clarion Housing Group

£29,667 to £35,230 per year Godalming – The Mill 37.5 hours per week Permanent Barn Property Management We are looking for an exceptional candidate to join our team in Grange, assisting the Property Manager and Head of Department in providing property management services to a portfolio of commercial properties on behalf of freehold clients, developers […]

Commercial property

Commercial property owners want the right balance

As Chicago attempts to recover from COVID, our County Assessor is determining assessments through political ploys that rock our local businesses. How else can you explain offering homeowners an overall “COVID” discount when the pandemic has created an increase in home values? The tactic was extraordinary – despite national appraisal standards organizations warning of the […]

Commercial property

Top 5 New York Office Building Sales — March 2022

Source: PropertyShark, a company of Yardi Systems Inc. 23-15 44th Road, QueensSelling price: $176,000,000 Stawski Partners has sold the 1.3 acre development site at Hunters Point along with the adjacent 3,092 square foot office building at 43-16 24th St. to Carmel Partners. In 2016, the seller planned to build a 66-story residential tower with 921 […]

Commercial property

Local painting company focused on educating commercial property owners and managers about the dangers of DIY exterior painting

SCOTTSDALE, Ariz. – Gregg Custom Painting(TM), one of America’s fastest growing and most successful interior and exterior painting companies, is thrilled to announce the launch of its safety-focused education program. The program was created and tailored specifically for commercial property owners and managers to reduce serious injuries when businesses attempt to undertake the work themselves […]

Commercial property

USAA, Seefried raise the bar for building sustainable warehouses

Interior rendering of the warehouse project using sustainable materials at Southfield Park 35. Image courtesy of USAA Real Estate USAA Real Estate and Seefried Industrial Properties are nearing completion of a 161,000 square foot industrial building in the 157-acre Southfield Park 35 in Dallas that will be one of the first industrial warehouses built with […]

Commercial property

Commercial property: lease of a store built for Woolworths in Southwick sold to a property investment company

Currently occupied by Yun Feng Foods, the large retail unit in Southwick Square was originally built for FW Woolworth. Flude Property Consultants (FPC) was commissioned to market the long lease and soon received several offers. He has now finalized the sale to a real estate investment company. Register to our daily newsletter SussexWorld Today The […]

Commercial property

Commercial Property Management Software Market Size, Outlook and Forecast

New Jersey, United States – the commercial property management software market The research report offers complete coverage of the Commercial Property Management Software Market over the forecast period 2022-2029. It provides historical, current and future market trends to help develop a robust market strategy. Additionally, it provides value chain analysis, key drivers and challenges, and […]

Commercial property

Sealy Acquires Columbus-Area Logistics Facility

1225 Southgate Drive. Image courtesy of Sealy & Co. Sealy & Cie., of Dallas, has acquired a 437,589 square foot logistics facility at 1225 Southgate Parkway in Etna Township, Ohio. Developer Core5 Industry Partners sold the property in an off-market transaction, for an undisclosed amount. The I-70 Logistics Center East features a cross-dock layout, 36-foot […]

Commercial property

Commercial Property Insurance Market Size, Outlook and Forecast

New Jersey, United States – the commercial property insurance market The research report offers complete coverage of the Commercial Property Insurance Market during the forecast period 2022-2029. It provides historical, current and future market trends to help develop a robust market strategy. Additionally, it provides value chain analysis, key drivers and challenges, and includes upcoming […]

Commercial property

It’s time CRE got serious about cybersecurity

Tom Shircliff We all know about cybersecurity risks, either first-hand or from headlines that report high-profile incidents involving credit card statements, government records, corporate emails, and social media accounts. Add to that critical infrastructure incidents involving municipal water systems and gasoline pipelines, and other threats from nation states, including Iran and Russia. Commercial real estate […]

Commercial property

Converting vacant commercial premises into residential accommodation

While the government may be looking for ways to ameliorate the state’s housing crisis, turning vacant commercial properties into residential housing is a policy that hasn’t been seen here on a large scale. In the United States, a record 20,100 apartment conversions were expected to be completed in 2021. Over the past two years, an […]

Commercial property

Two blocks evacuated as fire at commercial property ignites Friday morning

BIRMINGHAM, Ala. (WBRC) – The fire started just before midday on Friday April 22 and Birmingham Fire is still working to determine the cause of the fire. Crews were dispatched at 11:51 a.m. and were immediately told that chemicals were inside the building. They soon learned that Isopentan was the chemical on the property. It […]

Commercial property

Foreign investment in Australian commercial property doubles

Overseas buyers continue to be active in both buying and selling Australian business assets, according to a leading expert. Ray White Commercial Head of research, Vanessa Rader said foreign investment in commercial real estate has nearly doubled in the past 12 months. “The recent release of the FIRB’s annual report for 2020-2021 showed a 95.91% […]

Commercial property

Important Information for Commercial Property Owners: 2022 Amended Assessment Notices, Appeal Dates

Over the next week, the City of Saskatoon will be mailing amended assessment notices to commercial property owners when an update to their property’s assessed value is required for a full year. “We’ve had several longstanding commercial assessment appeal decisions made by the Court of Appeal and those also affected the Board of Review in […]

Commercial property

Dodge Construction Data Points to Recovery

Image by Michael Gaida/Creative Commons After a strong February, total housing starts fell 12% in March to a seasonally adjusted annual rate of $903.8 billion, according to the latest report from the Dodge Construction Network. Dodge notes that nonresidential building starts fell 29% in March, but that’s largely due to three major manufacturing facilities beginning […]

Commercial property

$100 million redevelopment of DEA headquarters completes

DEA headquarters in Arlington, Virginia. Image courtesy of Judy Davis, Studio HDP FD Stonewaterresponsible for spearheading the phased redevelopment of the United States Drug Enforcement Administration’s 511,000 square foot headquarters just outside of Washington, D.C., in Arlington, Va., completed the $100 million project in the deadlines and budget. FD Stonewater took charge of the modernization […]

Commercial property

Stockland Reports Strong Operational Metrics Across its Commercial Property Portfolio in Q3

(RTTNews) – Stockland Corp. ltd. (SGP.AX, STKAF.PK), an Australian property company, said strong operational metrics across the commercial property portfolio, with 95% rental recovery for the third quarter of 2022 and rental levels maintained high occupancy. Tertiary leasing spreads remained positive over the quarter. In the residential sector, sales volumes for 1,562 planned communities in […]

Commercial property

Higher tax slabs proposed for Solan commercial property: The Tribune India

Tribune press service Ambika Sharma Solan, April 19 Commercial property owners will have to pay more as Solan Municipal Corporation (MC) has proposed higher tax brackets for various categories of commercial property such as hotels, bars, restaurants, clubs, houses hosts, travel agencies, etc. Objection date extended Commissioner, Solan MC, Rajiv Kumar, said the […]

Commercial property

Commercial real estate developer expects increased sales of office buildings

A commercial property developer expects more office buildings to sell in the coming months as businesses struggle to rent space and cope with rising construction costs. The office market has been affected by the pandemic. Photo: 123RF Listed property company, Asset Plus, recently sold an office building in central Auckland for $65 million, citing rental […]

Commercial property

Shropshire’s commercial property market remains buoyant

Toby Shaw, Partner at Towler Shaw Roberts Toby Shaw, partner at Towler Shaw Roberts, said the county’s market remains very vibrant, with deals being struck across all sectors. Mr Shaw said: “It was unclear how the commercial property market would react to a global pandemic, but here in Shropshire the market has held up particularly […]

Commercial property

Inside Long Island City’s Real Estate Scene, After Amazon

Photo by Brian Lundquist on Unsplash End of 2018, Amazon put Long Island City in the spotlight with its plan to build a 4 million square foot campus in the Queens borough and create 25,000 new jobs. Despite the company’s decision to pull out a few months later, which tested the future of the neighborhood, […]

Commercial property

Triten will transform the old shopping center in suburban Dallas

Rendering of the office part in Assembly Park. Image courtesy of Triten Real Estate Partners Triten real estate partners began demolishing the former Market Square mall in Plano, Texas, where it will build Assembly Park, a mixed-use development that will include 180,000 square feet of Class A creative office space as well as commercial and […]

Commercial property

UK commercial property hit by bigger discount

UK commercial property REITs2021 results show the company is generating NAV return of 21.5% for the year (well above -0.9% in 2020 following the effects of COVID). A return of 21.4% on wallet was well above the 16.8% return generated by the company’s MSCI index reference. Yields were helped by much better rent collection of […]

Commercial property

Lease offers leave Duke Realty’s 23 MSF Texas portfolio full

North Point 8221, Houston. Image courtesy of Duke Realty Corp. Duke Realty Corp. recently entered into lease agreements totaling 1.1 million square feet with existing tenants Samsung in the Dallas metropolis and United States in Houston. With the closing of both transactions, Duke no longer has a single square foot available for lease in its […]

Commercial property

2022 Insurance Rate Changes – Commercial Property Manager

While 2022 began with hopes of a “return to normal” in real estate, global uncertainty has returned to remind us that we live in very interesting times. For property owners and operators, this means continuing to position themselves to maximize opportunities while staying tuned to the potential impacts of geopolitical turmoil and the lingering threat […]

Commercial property

Office fit-out costs are rising globally

Image by Cecil King via Pixabay.com Occupying offices is becoming more and more expensive on a global scale. The source of the increase is not rent, however, but a rise in space fit-up costs and rental charges, according to the first quarter 2022 edition of Savills Prime Office Costs. In terms of space planning, attempting […]

Commercial property

MACAU DAILY TIMES 澳門每日時報 » Commercial real estate loans increased by 200%

VScommercial Home loans (CRLs) approved by Macau banks rose 210.1% month-on-month to MOP 10.02 billion in February, according to data provided by the Monetary Authority of Macau. Macau. The monthly average of new CRELs approved between December 2021 and February 2022 was MOP 8.1 billion, down 10.0% from the previous period (November 2021 to January […]

Commercial property

REIT executives balance opportunity and uncertainty

REITs are at a troubling turn in the real estate cycle. They still harvest this Sales CEO Debra Cafaro called the post-COVID “incredible demand boost” but they face a tsunami of risk factors including geopolitical unrest, soaring inflation and interest rate hikes which have already started to exert upward pressure on capitalization rates. Real estate […]

Commercial property

The Health Sciences Center is coming to Phoenix

The Center for Advanced Molecular and Immunological Therapies. Image by CO Architects, courtesy of Arizona University of Health Sciences. Phoenix will soon be home to a new Arizona University of Health Sciences research Center. When completed, the Center for Advanced Molecular and Immunological Therapies (CAMI) will serve as a health sciences center for the study […]

Commercial property

The city 15 minutes away and what it means for commercial real estate

Wybo Wijnbergen, co-founder and CEO of infinitSpace, explores the increasingly popular concept of the city in 15 minutes and what it will mean for the commercial real estate (CRE) industry For many years, employees have been willing to make long commutes to work, battling harsh weather, indefinite access to public transportation, and traffic in what […]

Commercial property

Why CRE leaders are asking which direction is best

Jay Maddox Image courtesy of Avison Young Commercial real estate lenders and investors face a confusing array of seemingly conflicting economic signals. Interest rates have skyrocketed since Russia invaded Ukraine and price inflation, initially seen as a temporary consequence of supply chain issues, has metastasized into a potentially systemic problem. . At the same time, […]

Commercial property

Commercial property owners and developers could be the winners if Gov. Mike DeWine signs the tax bill

Columbus, Ohio- The Ohio General Assembly has sent Gov. Mike DeWine a bill that could shift the funding burden more from schools to homeowners by limiting how school districts challenge commercial property values ​​at boards of review . House Bill 126, if DeWine signed it, would amend a law in effect since 1976 that allows […]

Commercial property

Smooth Navigation for Phoenix Office Developments

Most projects will add traditional office space to market inventory, according to CommercialEdge. Office construction continued steadily in Greater Phoenix in February, according to business advantage, without any additions to the subway pipeline. Some 2 million square feet of space was in progress in The Valley, representing 1.5% of the stock. All ongoing developments are […]

Commercial property

Part of the old western mining town for sale near Telluride

RICO, Colo. (KDVR) — As home prices and rents soar in metro Denver to the west, there’s a former mining town called Rico that’s home to the largest commercial property on the market. According to CoStar and LoopNet, Rico’s 1,100-acre Silver Springs property is the largest mass commercial land for sale in the state. The […]

Commercial property

Preventative care: How fit are your healthcare tenants?

Ben Reinberg The state of the health care sector is, well, healthy. It was strong before COVID-19, it’s been vigorous throughout the pandemic, and there’s no reason to believe it won’t be robust in the years to come. But for commercial real estate investors playing in this space, not all healthcare properties are alike. First, […]

Commercial property

Some REIT sectors are still feeling the effects of the pandemic

stephane boyd As the pandemic recovery progresses and daily life continues to normalize, the bulk of US REITs have stabilized, with many returning to pre-pandemic rating levels. In fact, just 17% of Fitch-rated U.S. REITs were on Negative Outlook or Watch at the start of 2022, down from 38% the year before. As with many […]

Commercial property

The largest commercial property in and around the old mining town for sale

RICO, Colo. (KDVR) — As home prices and rents soar in metro Denver to the west, there’s a former mining town called Rico that’s home to the largest commercial property on the market. According to CoStar and LoopNet, Rico’s 1,100-acre Silver Springs property is the largest mass commercial land for sale in the state. The […]

Commercial property

UK Commercial Property Insurance Market Report 2022: Size, Trends, Competitor Dynamics and Opportunities – Market to reach £8.85 billion in 2025

DUBLIN–(BUSINESS WIRE)–The “UK (UK) Report on “Commercial Property Insurance Market Size, Trends, Competitor Dynamics and Opportunities” has been added to from ResearchAndMarkets.com offer. This report analyzes the UK commercial property insurance market, examining the drivers of adoption across different demographics and dwelling types. It discusses the claims landscape in 2020, as well as the commercial […]

Commercial property

UK Commercial Property Insurance Market Report 2022: Size, Trends, Competitor Dynamics and Opportunities – Market to reach £8.85 billion in 2025 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The report “United Kingdom (UK) Commercial Property Insurance Market Size, Trends, Competitor Dynamics and Opportunities” has been added to from ResearchAndMarkets.com offer. This report analyzes the UK commercial property insurance market, examining the drivers of adoption across different types of demographics and dwellings. It discusses the claims landscape in 2020, as well as the […]

Commercial property

Incenter Tax Solutions advises commercial property owners to carefully review their tax assessments

FORT WASHINGTON, Pa.–(BUSINESS WIRE)–With inflation, rising energy costs, supply chain disruptions and the continued fallout of the pandemic putting financial pressures on commercial property owners, Incenter Tax Solutions urges them find new ways to maximize savings, including reviewing their property tax assessments. “As real estate values ​​continually rise and fall with market conditions, these valuations […]

Commercial property

Direct Commercial Property buys $10m property in industrial hotspot Brisbane as investors look north

Property specializing in dangerous goods, a purchase that stands out Queensland-headquartered Direct Commercial Property (DCP) has bought 44 Aquarium Avenue in Brisbane’s industrial hotspot Hemmant on Australia’s TradeCoast for $10 million in a deal brokered by David Gibson, head of industry at Cushman & Wakefield and his colleague, director Aaron Dahl. The purchase follows news […]

Commercial property

$5 million worth of commercial properties sold in Noosa

March was a triple auction success for Ray White Commercial Noosa and Sunshine Coast North who sold three properties during their auction campaign for a total of $5,475,000. Agents Tracey Ryan and Dave Brinkley achieved three outstanding auction results this month, with each property being well contested and earning great returns for sellers. “In one […]

Commercial property

Commercial real estate attracted up to 760 million euros of investment in the first quarter

Investors plunged up to €760m into Irish commercial property in the first three months of the year, according to new reports. Sales of student residences, apartments and warehouses contributed to the good quarter for commercial real estate. Jones Lang Lasalle (JLL) calculates buyers completed deals worth €760 million in the three months to the end […]

Commercial property

Commercial Real Estate Management Software Market Growth By Major Key Players 2022-2030

New Jersey, United States,-The Commercial Property Management Software Market reports study a variety of parameters such as raw material, cost, technology, and consumer preference. It also provides important market identification information such as history, various expansions and trends, trade overview, regional markets, trade and market competitors. specific analysis of capital, revenue and price, as well […]

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: […]

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 […]

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 […]

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 […]