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

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 […]

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 […]

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 […]

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 […]

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

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 […]

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 […]

Commercial property

Top 5 New York Industrial Building Sales — January 2022

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

Residential propety

The residential real estate market is preparing for a rebound

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

Commercial property

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

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

Commercial property

Space, travel, location: reassessing office markets

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

Commercial property

Medical office buildings remain resilient

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

Commercial property

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

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

Commercial property

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

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

Commercial property

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

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

Commercial property

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

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

Commercial property

Beacon Capital, MetLife Ink New lease at Manhattan Tower

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

Commercial property

Laura Hines-Pierce named co-CEO of Hines

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

Industrial property

This interactive chart shows how industrial property conquered the stock market

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

Commercial property

Miami Development Update: Mixed Use Drives Office Development

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

Commercial property

Crescent and Nuveen Expand Research Triangle Campus by $500 Million

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

Commercial property

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

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

Industrial property

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

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

Commercial property

Dave & Buster’s is moving its HQ

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

Commercial property

Rockefeller Group joint venture to develop office real estate in Denver

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

Residential propety

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

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

Commercial property

LA Warehouse will be converted into Sound Studio

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

Residential propety

High Street Residential inaugurates Raintree Multifamily

High Street Residential (HSR), the residential subsidiary of Trammell Crow Company (TCC), and JV partner PGIM Real Estate opened Raintree Multifamily, a 192-unit residential community in Scottsdale, Arizona. The new development, scheduled for completion in 2023, is located adjacent to TCC and PGIM’s 175,000 square foot Axis Raintree office building, which was completed in January […]

Industrial property

AEW Capital Management pays $18.4 million for Arlington Heights suburban industrial property

Jonathan Martin, CEO – North America, AEW Capital Management in front of 1400 W. Dundee Road in Arlington Heights (AEW Capital Management, LoopNet) A Boston real estate investment firm has paid $18.4 million for a 375,000 square foot warehouse in Arlington Heights, betting industrial real estate will have another strong year in Chicago. AEW Capital […]

Residential propety

For the attention of owners and tenants of commercial and multi-residential buildings – Real estate and construction

United States: To Landlords and Tenants of Commercial and Multi-Residential Buildings January 31, 2022 Cullen and Dykman To print this article, all you need to do is be registered or log in to Mondaq.com. For owners and tenants of commercial or multi-family residential properties in Nassau County or New York, now is the time to […]

Residential propety

Where to invest in 2022?

Despite a rollercoaster ride in 2021, India’s real estate sector is on course for a strong recovery. The residential and commercial real estate sectors are optimistic about sustainable growth in the near future. From an investment perspective, people are always wondering where to invest, residential or commercial. According to Nakul Mathur, MD, Avanta India in […]

Commercial property

RICS: Growing UK commercial property investment demand higher than before pandemic

Property experts have seen positive moves in commercial property investment trends in the fourth quarter as landlords continue to diversify the way we use office space, according to the latest RICS Global Commercial Property Monitor . Across all sectors, investment demand increased for the fourth consecutive quarter, leading to higher capital value expectations for the […]

Commercial property

The latest commercial property news for West Berkshire from Quintons

Quintons Commercial Property Agents report a decrease in the supply of property, particularly small workshops. For those of you who have space available, please contact us to see if Quintons can help you rent or sell your space. The new December instructions included the following: 17 The Broadway, Newbury. Quintons is responsible for offering this […]

Industrial property

Sitex Group pays $30 million for Greenpoint industrial property

360 Kingsland Avenue in Greenpoint, Brooklyn (Google) Sitex Group acquired an additional 98,000 square feet of industrial property in Brooklyn earlier this month for $30 million. According to the Commercial Observer, the New Jersey-based investor snapped up 360 Kingsland Avenue via an off-market deal brokered by TerraCRG partners Dan Marks and Daniel Lebor on Jan. […]

Commercial property

Investors Interest in Commercial Real Estate and Logistics Assets in Japan, Korea and Australia | Fund managers

The omicron outbreak may have brought uncertainty to real estate assets, but commercial real estate is defying the trend that higher growth is expected for commercial real estate investments in Asia-Pacific. Among the niche assets that are attracting investors’ attention are self-storage assets in Hong Kong, offices in major CBDs in Japan and Brisbane in […]

Commercial property

Bonnette Auction to sell commercial property in Monroe, LA

4919, avenue de la Construction – OFFICEThis is a large commercial office space available on approximately 1.71± acres at Monroe’s commercial district/industrial park. The building offers ample office space, an entrance hall, a reception, 2 private bathrooms and a lounge/kitchen. The property also has approximately 0.38 acres of concrete parking and provides approximately 360 feet […]

Commercial property

Rising activity sees commercial real estate sector rebound

The UK commercial property sector has shown a return to form over the past year, including an impressive turnaround for the retail and office sectors, according to Sirius Property Finance. The latest market analysis from the property debt advice specialists revealed that in 2021 the UK commercial property sector completed 2,789 sales transactions, up 3% […]

Residential propety

City Council clears way for construction of 108-unit downtown apartment building • Long Beach Post News

The appeal, which argued for more environmental scrutiny of the project, was filed by a group called the Supporters Alliance for Environmental Responsibility, which has a history of opposing similar projects in the area. A representative of the group told city council on Tuesday that the Supporters’ Alliance for Environmental Responsibility was not necessarily opposed […]

Commercial property

Where to invest in commercial property in Norwich in 2022

Published: 10:45 am January 19, 2022 I suspect few people will be sad to see 2021 return. And as we enter a new year, there’s a real sense of optimism that we’re finally approaching something you could call “normal.” – by this I mean learning to live with Covid in a manageable way, and also […]

Industrial property

Industrial property and retail warehousing outpace office investment in Scotland for the first time since 2011

Industrial property and retail warehousing outperformed Scottish office investment for the first time since 2011, according to Knight Frank. The sub-sectors were responsible for boosting commercial property investment in Scotland, with a combined investment of £541m last year. The estate agency and property consultancy revealed this represented almost a third of the overall 2020 investment […]

Industrial property

Cushman & Wakefield Brokers Sale of Fully Leased R&D and Industrial Property for $82.55 Million

300 Riverpark Drive North Reading, MA – Cushman & Wakefield announced that the real estate services company has arranged the sale of 300 Riverpark Drive, a 228,921 square foot industrial and R&D property located in North Reading, Massachusetts. The final sale price was $82,550,000. Dave Pergola, Brian Doherty and Pete Rogers of Cushman & Wakefield […]

Residential propety

VCBank Completes Successful Exit of US Westhaven Multi-Family Residential Assets, Provides 54% Return on Investment to Investors

Manama, Bahrain: Venture Capital Bank (VCBank), an Islamic wholesale bank licensed by the Central Bank of Bahrain, today announced its successful exit from a real estate portfolio in the US multi-family residential sector. With a gross sale value of $ 116.5 million, this release generated a return on investment (ROI) of 54 percent; and provided […]

Commercial property

Saudi Arabia’s Pressure to Attract Regional Headquarters Will Boost Commercial Real Estate Sector

Saudi Arabia’s move to encourage multinational companies to locate their regional headquarters in the kingdom will benefit the office sector in the Arab world’s largest economy, according to a report. The decision is expected to prompt “regional occupiers to review the footprint of their offices in the Middle East and start planning for the long […]

Commercial property

Forte Capital and Sheridan Capital Partnership Acquire Wynwood Commercial Property for $6.35 Million – PROFILE Miami

Forte Capital, led by Chaim Cahane, and Sheridan Capital acquired 2830 NW Fifth Ave. to Wynwood from Alex Karakhanian’s LNDMRK development for $6.35 million. The buyers plan to reposition the existing 14,000 square foot building at 2830 NW Fifth Ave. in creative offices. DWNTWN Realty Advisors co-founders and managing partners, Tony Arellano and Devlin Marinoff, […]

Commercial property

6 business real estate trends to watch in 2022 in SA

Industrial property performs best in the commercial real estate landscape, thanks to relatively low vacancy rates, the growing importance of e-commerce and the relatively affordable price of this class of property. And while commercial properties are yet to come out of the woods, Jack is excited about the industry’s ability to recover from the hard […]

Commercial property

This week’s #Listed features ready-made homes and commercial properties!

Every week on #Listed, RE / MAX agents feature local real estate listings that really stand out. Best of all, you can now take a 3D virtual tour of part of the property without ever leaving your living room! Sell ​​a house? RE / MAX is the only real estate company in the county to […]

Industrial property

Secure tenant for a new speculative industrial property

Commercial property rental experts Commercial Property Partners (CPP) have secured a major rental at Ashroyd Business Park, Barnsley. CPP has accepted a lease at Ashroyd 52, a 52,871 square foot speculative new build, on behalf of commercial real estate specialists, 4th Industrial. The self-contained unit offers 2,551 square feet of first floor office space, a […]

Industrial property

Grapevine logistics buildings are the latest proprietary sales

Sales Stag Industrial purchased D / FW North Logistics Center, a two-building, 202,140 square foot logistics center located at 2400 and 2402 Esters Blvd. at Grapevine, a subsidiary of Olympus Ventures. Randy Baird, Jonathan Bryan, Ryan Thornton and Eliza Bachhuber of the CBRE Group negotiated the sale of the industrial buildings. Partnership directed by Katzir […]

Industrial property

21-acre industrial property to be redeveloped in the Carroll-Camden industrial estate

Hanover, Maryland-based Chesapeake Real Estate Group (CREG) has a contract on the former Kaydon Ring & Seal facility at 1400 Bush Street in the Carroll-Camden industrial estate. CREG plans to demolish the existing buildings on the 21-acre property and develop a new industrial / logistics facility. Kaydon closed its Baltimore plant in 2017 and moved […]

Industrial property

GPR Ventures acquires the industrial property of Natomas

Courtesy photo STAFF REPORTTHE BUZZ NATOMAS | @natomasbuzz GPR Ventures announced today that it has purchased an 84,537 square foot industrial property at the corner of Del Paso Road and Northgate Boulevard in Natomas. The locations at 4700, 4720 and 4740 Northgate Boulevard include both warehouse and office space and are already 98% leased to […]

Industrial property

Latest lockdown adds fuel to industrial property market

Monday, October 4, 2021, 8:39 a.m.Press release: Bayley The recent construction halt resulting from Covid 19 lockdown restrictions in Auckland has put further pressure on an industrial property market that is already struggling to keep pace with demand. Artist’s impression of Hancocks’ distribution and headquarters complex in Mangere which sold for $48.8 million Scott Campbell, […]

Industrial property

Adams County industrial estate and empty parking lot sells for $21 million

One person’s vacant parking lot next to the freeway is another person’s real estate score, as a $21 million property sale in Adams County shows. IG Logistics bought the Lipan Street industrial park for that sum earlier this summer, according to Cushman & Wakefield, the property firm that worked with the buyer. The approximately 34-acre […]

Industrial property

SparrowHawk Real Estate Acquires 272,882 Square Foot Industrial Property in Kansas

After entering the Kansas City market over 90 days ago, Sparrowhawk Real Estate acquired another building, the newly completed first building in the Heartland Logistics Park in Shawnee, Kansas. Financial terms of the transaction were not disclosed. John Stafford, executive vice president, and Ed Elder, president of Colliers represented the seller and developer of the […]

Industrial property

Amsdell gives up its industrial property for more than 7 million dollars

A two-building flexible office/warehouse complex in Middleburg Heights is now part of the portfolio of a California-based real estate investor who purchased it from a subsidiary of Amsterdam Cos. of Cleveland for $7.4 million. The buildings at 19695-19997 Commerce Parkway are occupied by multiple tenants. Amsdell completed construction on the properties in 1999, according to […]