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Commercial Real Estate Market Cools (KITV Honolulu)
In the new year, many are predicting tougher times for commercial real estate.
Office Demand Is Down, and So Are the Deals (New York Times)
By most accounts, the commercial property market reached its pinnacle in early 2007 with the Blackstone Group ’s acquisition of Equity Office Properties Trust and its prized cache of more than 500 office buildings.
Tower REIT revalues 3 properties (Business Times (Malaysia))
TOWER Real Estate Investment Trust has revalued three properties under its stable namely Menara HLA, HP Towers and Menara ING. The revaluation exercise conducted by GLM REIT Management Sdn Bhd, manager of Tower REIT, was to ascertain the current market values of the three buildings.
Commercial parking lots approved for South Beach residential areas in Fort Pierce (Fort Pierce Tribune)
The City Commission gave final approval Monday night to allowing commercial parking lots to be built in certain residential areas on South Beach, despite objections from some residents.
Valley Blvd. cafe offers quiet college vibe (Poly Post)
The latest addition to the Big Valley Industrial Park on Valley boulevard is Sugar Rush Cafe, a one stop coffee house seemingly designed with students in mind.
No federal bailouts for commercial real estate developers (Seattle Times)
The federal government should refuse the latest group with a request for a federal bailout — commercial real-estate developers. The federal infusion of money to shore up financial institutions was reasonable because the potential domino effect of failure threatened international banking system. The U.S. Treasury cannot heal every economic ill, and it needs to draw the line well short of ...
EuroMetropola: Office buildings – an advantageous investment (Nine O'Clock)
In the real estate market, the acquisition of office buildings and mixed projects, meaning offices and shopping spaces, are the safest long term investments, according to the consultants from “EuroMetropola” cited by Agerpres.
U.S. commercial property in a downward spiral (International Herald Tribune)
With job cuts rampant and businesses retrenching, more empty office space is expected from New York to Chicago to Los Angeles in the coming year.
Commercial real estate's 2008 ride was bumpy (Daily Press)
After a year of "examining," the local market is projected to take a hit from the slow economy in 2009. The region's commercial real estate market had some ups and downs in 2008.
U.S. commercial property in a downward spiral (International Herald Tribune)
With job cuts rampant and businesses retrenching, more empty office space is expected from New York to Chicago to Los Angeles in the coming year.