Commercial Real Estate & Business News – March 19, 2014
Geography of the Legacy Economy: Mapping the Next Boom With real estate markets tapped out in primary markets, investors will look to secondary ones – Pittsburgh, Cleveland, Phoenix – with legacy assets… Read more ASU Research Park Offices Sell for $18.4m or $211 Per Square Foot Rimrock Capital Partners sold two offices within ASU Research […]
Commercial Real Estate & Business News – March 18, 2014
Investor Confidence Reaches ‘New Heights’ Five years ago, it seemed the commercial real estate sky literally was falling. Today, confidence is U.S. commercial real estate is rising. That’s the major takeaway from a new Akerman LLP survey of top 200 CEOs, CFO, COOs and other top national real estate executives serving clients across the Americas… […]
Commercial Real Estate & Business News – March 17, 2014 – HAPPY ST PATTY’S DAY!
UPDATE: Fresh and Easy Portfolio Sale In November, Fortress Investment Group had signed an agreement to purchase 53 properties from the Fresh and Easy portfolio for a total of $41.5m. On February 25 we had blogged (LINK) the transaction of 11 of these properties. We have since seen a few more transactions and so we […]
Commercial Real Estate & Business News – March 14, 2014
CRE Prices Continue Upward March in January Shrugging off a seasonal slowdown in trading activity, commercial real estate prices continued their steady upward movement in January, according to the latest CoStar Commercial Repeat Sale Indices (CCRSI), analyzing commercial property sales through January 2014… Read more Top 5 Fastest Growing Office Space Occupiers The techies are […]
Commercial Real Estate & Business News – March 13, 2014
Industrial Space Demand Could Approach Record Levels in 2014 A new report released by the NAIOP Research Foundation says that net demand for industrial space could reach 250 million square feet in 2014, surpassing the near-record level of 233 million square feet set in 2013. This significant level of absorption is due to the expected […]
Commercial Real Estate & Business News – March 12, 2014
GoDaddy Founder Bob Parsons To Buy Scottsdale Parcel Golf course-community developer Lyle Anderson has sold a prime piece of Scottsdale land to GoDaddy founder Bob Parsons. The site, at Dynamite Road and 118th Street, no longer will be developed into the Sierra Reserve community Anderson had planned. Details about Parsons’ plans for the property are […]
