Commercial Real Estate & Business News October 4, 2019

Mall Investment Sales Volume Is Down, But Investors Are More Willing to Buy Lower-Tier Assets With the continuing retail bankruptcies, store closures and the overall upheaval in the physical retail sector, do investors still have interest in buying U.S. malls? It all goes back to the case of the “haves” and “have-nots.” Strong-performing, class-A destination malls boasting experiential retail are still highly sought after by investors. However,…»
Caution Could Stave Off Next Recession
Investors are predicting and preparing for the next recession. The increase in caution and conservatism could actually reduce the impact of a downturn if and when it hits. The severity of the last recession has driven an increase in caution among investors, particularly as the cycle matures. “The memory of the last recession was…»
Work Begins on New West Valley Industrial Complex Near Loop 101
Trammell Crow Co. and a fund managed by CBRE Global Investors are developing a four-building industrial complex, called Park Aldea, to be built near State Farm Stadium in Glendale. It is the first general industrial project to be built along the western stretch of Loop 101 since the recession. Buildings in the 27-acre complex west of…»
Real Estate Economists Forecast Slower Economy, Not Recession
Odds are fairly low that the historically long U.S. economic expansion ends in recession by 2021, according to the Urban Land Institute’s latest real estate economic forecast. Panelists detailing the findings during a ULI webinar put the probability of recession between 30% and 40%. Instead of recession, economic growth…»
Will Co-working Operators Flourish or Fail in Tough Economic Times?
The resilience of co-working operators in an economic downturn or recession is debatable. On the one hand, office users could flock to flexible space options in times of uncertainty. At the same time, giving back marginal leased space is the easiest and quickest way to get rent relief in economically hard times, compared to office…»