Commercial Real Estate & Business News – March 12, 2015
Lincoln Property Inks Deal for Papago Office Project Lincoln Property Co. has inked a deal on Salt River Project land with Papago Park Center for the next phase of a 3.2 million-square-foot mixed-use development in Tempe. LPC is developing the last available 60 developable acres of the 350 acre project… Read more » Crow Holdings Pays $74.3 […]
Commercial Real Estate & Business News – March 11, 2015
Macerich, Simon Deal Could Give Landlords Leverage Over Retailers If Simon Property Group’s proposed acquisition of Macerich Co. goes through, some think it might hurt retailers. “I don’t think the average person will see any impact from this. I think the real impact is probably to merchants,” said Mark Stapp, a professor of Real Estate […]
Commercial Real Estate & Business News – March 10, 2015
New Class A Office Building Eyed For Loop 101 Near Scottsdale Opus Development Co. is looking at building a new Class A office building near Via de Ventura Drive and the Loop 101 freeway. Opus is looking at locating a 100,000- to 108,000-square-foot development and business park site on the Salt River Pima Maricopa Indian […]
Commercial Real Estate & Business News – March 9, 2015
‘Disruption’ Drives CRE Deal Flow It may be a time of investment activity on par with what we saw during the peak of the previous cycle, but it’s hardly business as usual. In its new report on real estate private equity, EY uses the word “disruption” to characterize the tumult facing the global real estate […]
Commercial Real Estate & Business News – March 6, 2015
A ‘Goldilocks Economy’ For Commercial Real Estate More than five years since the official end of the Great Recession, this is shaping up to be a recovery for the ages ? and for commercial real estate. Certainly this isn’t what anyone would term a “dream” recovery. The U.S. recovery is outpacing the U.K. and especially […]
Commercial Real Estate & Business News – March 5, 2015
Regional and Mid-Sized Banks Outpace Larger Competitors in Growing CRE Loan Portfolios A key trend that emerged among U.S. banks last year was a wide variation in commercial real estate lending by bank size and loan type, with the largest regional banks and mid-sized banks showing the strongest loan growth, but a significant pullback by […]