Warren Buffet Invests $377 Million in Retail REIT
Legendary investor and Berkshire Hathaway chairman Warren Buffet has invested $377 million in Store Capital Corp (STOR), a REIT focused on investing in single-tenant real […]
Retail & Office Space
Artificial Intelligence and the Future of Real Estate
Recent advances in technology have affected many facets of the real estate industry, including digitizing documents, automating property management functions and extending consumer access to listing […]
More Retail Store Closures
U.S. retailers continue to announce store closures, layoffs and even bankruptcy as they continue to struggle with declining sales and profitability. The list of companies […]
Cushman & Wakefield Wins Deal to Manage Pier 1 Stores
Commercial real estate firm Cushman & Wakefield has signed a contract with Pier 1 Imports to manage 1,000 stores with 10 million square feet in […]
JLL Helps Spotify Land a 378K Square Foot Lease at 4 World Trade Center
Global real estate firm Jones Lang LaSalle (JLL) helped music streaming company Spotify USA sign a 378,243 square foot lease at New York’s 4 World […]
Top 10 Office Markets with the Biggest Rent Gains in 2016
Bisnow published a list of the top 10 markets with the highest annual rent gains between Q4 2015 and Q4 2016: Oakland, CA (CBD) Q4 […]
Leasing Concessions Outpace the Rise in Office Rents, Study Finds
While U.S. office rental rates have risen steadily over the past few years, landlords have been pressured to offer tenants greater leasing concessions, including free-rent and […]
Maturing Mortgages and Talk of Bubble Threaten Commercial Property Sector
Approximately $90 billion in commercial real estate mortgages are expected to mature in 2017, according to an article in Bloomberg. Combined with more stringent lending […]
Industrial Real Estate Expected to Outperform Property Market in 2017
Driven by strong economic growth, e-commerce trends, rising infrastructure spending and a tightening labor market, industrial properties appear to be the way to go in […]
Macy’s Hires CBRE to Help with the Disposition of Closed Stores
Global real estate giant CBRE announced that it’s been hired by Macy’s, Inc. to help dispose of 33 retails stores in Massachusetts, Michigan, Ohio, Pennsylvania and […]