National Real Estate Investor
JLL Name Change Keeps it Simple
Globalization, pronunciation and digitization were all factors the company cited as key drivers behind the name change.
Abercrombie Looking to Re-Position Hollister as Cheaper, Fast-Fashion Chain
The move is in response to increased competition from chains like H&M and Forever 21.
Cerberus to Buy Safeway in $9B Deal
The purchase price will include $7.6 billion in debt.
Ground Zero Mosque Developer to Rebuild Midtown Synagogue
Sharif El-Gamal, the developer whose proposal in 2011 to build Park51, a $100 million Islamic mosque and community center near the World Trade Center, ignited a national controversy, now plans to build a mixed-use tower in Midtown Manhattan to house a retail center and hotel?and the Garment Center Congregation synagogue. Although the New York Times called the project ?mainly a real estate, despite the religious trappings,? the project is stirring some debate.
More Bad News on the Store Closings Front
Staples to close 225 North American stores by mid-2015.
J.Crew, Fast Retailing Union Could Lead to Global Domination
All-American apparel chain J.Crew appears poised for either an IPO or a sale to Japanese holding company Fast Retailing, according to reports, as its private equity owners mull an exit.
A Breakout Year for Commercial Real Estate Technology
As a Millennial and commercial real estate (CRE) practitioner, I’m torn between two worlds.
Enclosed Regional Malls One of the Best Investments on Offer
While it?s true that class-C and class-D malls are likely to eventually disappear from the scene, or be redeveloped into something else, good quality regional malls currently represent one of the most attractive investments in the commercial property market.
Kroger Interested in Some of Safeway's Stores
Splitting the stores between Cerberus and Kroger may help stave off anti-trust objections.
Retailers Seek New Distribution Channels for Same-Day Deliveries
New logistics models are springing up to grab the same-day delivery market share, ranging from mega-distribution centers totaling 1.5 million sq. ft. to tiny delivery posts in urban areas that compete with the struggling local connections.
Benchmarking Is Only a Starting Point
Benchmarking has become an essential decision support tool used by brokers and clients to determine how much space a company needs. Lately, regardless of the industry, companies want to know what the technology industry is up to. Looking outside one?s industry for best practices can be a source of innovation. But companies first need to try these characteristics on for size to see if they fit.
First Walmart Store of its Kind?
Wal-Mart opens a story on the ground level of an apartment building in Washington, D.C.
Blackstone Faces Speed Bump on Invitation Homes RMBS
The industry has been keeping close tabs on early performance indicators for the nearly $500 million Invitation Homes securitization.
International Development Booms, According to PwC
A worldwide boom in development is coming?especially in emerging economies, according to Byron Carlock, U.S. real estate practice leader for PricewaterhouseCoopers.
Cerberus Most Likely Buyer for Safeway Grocery Chain
Safeway simply isn?t appealing enough to a grocery operator, industry experts say.
Negotiate an Exit When Entering a Lease Agreement
Evaluating exit strategies should also be a top priority for tenants upon entering a lease agreement.
Top 10 Highest-Paid REIT CEOs
In just a few months, the names of the top highest-paid REIT CEOs of 2013 will be released by SNL Financial. Of the top 20 highest-paid REIT CEOs in 2011, 14 remained in the top 20 in 2012, and John Kilroy Jr. of Kilroy Realty Corp. moved up to the No. 1 spot in 2012 from the No. 17 spot in 2011. Will Kilroy retain first place? Or will another CEO rocket to the top?
Real Estate Hits, Part II
Just two months after the kidnapping and murder of Williamsburg real estate player Menachem Stark, a Long Island-based hotel owner has been shot in the face.
Top 7 Markets for Medical Office Space
Our rankings were based on a number of metrics, including average vacancy rates for medical office properties, rents per sq. ft., building sales volumes, prices per sq. ft. and volume of recent space completions.
Radio Shack Closings to Have Limited Impact on Retail Mortgages
Morningstar estimates that there are approximately 128 CMBS loans totaling $2 billion that have exposure to planned Radio Shack closings.
Private Equity Buyouts Down, IPO Deals Up in Retail in 2013
The total value for all transactions passed the $100 billion mark for the first time since 2008.
Polaroid Fotobar and Museum Joining The LINQ in Vegas
The space will total 8,500 sq. ft. and will be located at the LINQ shopping district.
Construction of Medical Office Buildings Grows in the Suburbs
Development of new medical offices has slowed considerably in recent years, with only 1.8 million sq. ft. of new space under construction in 2013, compared to 4.2 million sq. ft. in 2012.
How Can Real Estate Crowdfunding Save an Iconic Landmark?
The Jumpstart Our Business Startups Act (JOBS Act) of 2012 effectively lifted the ban on general solicitation that existed since 1933, opening the door for small companies and investors to directly tap into the market of their choice.
Purchase Accounting Valuation for Various Real Property Assets
As compared to the real property asset classification for conventional PPAs, complex real estate is allocated between the same buildings, site improvements and land categories, but also includes various other tangible and intangible assets.
5 Myths of Real Estate Auctions
Although most real estate investors are familiar with auctions, they don?t understand them well enough to be able to distinguish between fact and fiction.
Overreaction? Mall Cops Disrupt Cosplayers? Meet-Up
The mall?s management brought in the San Diego police to help escort the group off the property.
Commercial Real Estate Development Today
Commercial real estate development is starting to make a noticeable comeback. While developers sat on the sidelines in 2009 and 2010, many who survived the recession are back in a big way, making a difference brick by brick, block by block.
Finding Multifamily Trouble Spots
All of the markets with large volumes of apartments in the works are relatively healthy now, with vacancy rates under 5 percent.
Wal-Mart Concentrates on Small Store Format
The retail giant has doubled the number of small format stores it plans to open in 2014 to roughly 300.