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Pair of suburban office buildings drops $126M in value since 2007
A slowdown in federal spending hurt. So did a growing desire by tenants to be closer to mass transit and places with a downtown feel.
Commercial property investing not for faint hearted
A fortune can be made in commercial property, but first time investors should be aware of the risks and do their research, experts say.
Chicago Real Estate Attorney Danielle Colyer Releases Free Video Info Series
Lawyer answers most common buyer and seller questions about residential and commercial property transactions and closings CHICAGO, IL / ACCESSWIRE / April 13, 2015 / Danielle Colyer, partner at Colyer ...
Commercial Property Values Now 14% Above 2007 Peak: Report
Real estate research firm Green Street Advisors reported Tuesday that commercial property values in March were 11% above March 2014 and up 87% since they bottomed out in 2009.
Is the Modern Office Space the Next Recruitment Tool?
The good news is that a modern work environment can both attract your next generation of employees while increasing the efforts of your current employees. According to John Michael, vice president and general manager at Business Interiors by Staples, "the right physical space brings together people, projects and technology." Previously, offices were designed to allow standardization among roles ...
Wallet squeeze: Apartment rents projected to rise again
The average U.S. rent has climbed 14 percent to $1,124 since 2010, according to commercial property tracker Reis Inc. That's four percentage points faster than inflation, and more than double the rise in U.S. home prices over the same period. "The only relief in sight is rents in the hottest markets are going to go up at a slower pace, but they're still going to go up," says Hessam Nadji, chief ...
DMV in Chautauqua County seeks new office space in Jamestown
MAYVILLE – The Chautauqua County Department of Motor Vehicles is seeking new office space in Jamestown.
Ten percent of S&P 500 companies avoid paying U.S. taxes
Fueled by a wave of inversions, a record 54 companies in the Standard & Poor’s 500 Index of leading U.S. firms are now at least partially exempt from the corporate income tax. Other companies have declared themselves to be real estate investment trusts, or REITs, which the Internal Revenue Service doesn’t treat as corporations. Just this year, Equinix Inc., a California company that operates ...
Pinnacle Awards Honor Commercial Real Estate Standouts
The local commercial real estate community gathered at the Memphis Botanic Garden Thursday, April 9, for the 14th annual Pinnacle Awards. Every year, ...
N Chandrababu Naidu pitches for exclusive Chinese industrial park in Andhra Pradesh
Company's Chairman Mo Wenhe said the firm is keen on replicating its China experience in Andhra Pradesh, in infrastructure development.