Commercial Real Estate News Roundup for August 11, 2014
Pretending the property business is easy, St. Louis and its hot industrial market, retail lagging the recovery (but not in Miami) and Macy’s goes shopping for commercial real estate talent – it’s all here in the Commercial Real Estate News Roundup for August 11, 2014.
- Low rates boost REITs, commercial real estate stocks, CNBC, Aug. 8, 2014 – In that part of the finance world where low interest rates make performing real estate look like a cash machine in comparison, REIT plays are looking juicier.
- Twin Cities commercial real estate draws out-of-state, foreign dollars, Minneapolis Star-Tribune, Aug. 8, 2014 – International capital flows find themselves attracted to the spots laying in between the 10,000 lakes.
- Investors in real estate getting hip to new ploy, Columbus Dispatch, Aug. 10, 2014 – Crowdfunding moves into prime time in the real estate industry
- New PivotDesk offering connects real estate brokers and small startups, Beta Boston, Aug. 8, 2014 – Tech entrepreneurs: flush with venture capital, ready to change the world and suddenly in need of actual office space.
- This Startup Wants To Be The E-Trade Of Real Estate, Business Insider, Aug 9, 2014 – Retail investment vehicles and property. The latest in the ongoing struggle to pretend property investment is easy.
- Exclusive: Prologis building $10M Orlando industrial spec building, Orlando Business Journal, Aug. 7, 2014 – One sign of a healthy market – spec developments in industrial. South Florida’s happy story lies therein.
- With Pappas Center’s recent gains, industrial is alive and well in Boston’s Seaport, Boston Business Journal, Aug. 8, 2014 – Waterfront development making Boston’s unique mix of industrial base a fine few quarters.
- St. Louis industrial market surging, St. Louis Post-Dispatch, Aug. 7, 2014 – Under the Arch, industry!
- Retail buildings on Miami Beach’s Lincoln Road sell for record $342 million, Miami Herald, Aug. 6, 2014 – Unconcerned by rising Atlantic waters, buyers here pay retail for retail.
- Macy’s adds veteran to real estate team, Cincinnati Business Courier, Aug. 11, 2014 – Macy’s goes shopping, finds a great deal on a CBRE exec.
- Retail real estate recovery continues in uneven fashion, Sacramento Business Journal, Aug. 4, 2014
- High rents, low inventory push S.F. multifamily market to new heights, SF Chronicle, Aug. 11, 2014
- Residential Construction in New York City Lags, WSJ, Aug. 10, 2014
- Apartment demand is sky high, supply low, Tampa News-Press, Aug. 10, 2014
- Millennials driving Phoenix multifamily market, but a drag on housing, Phoenix Business Journal, Aug. 6, 2014
- Porn Out, Hotels In as Sunset Strip Reborn: Real Estate, Bloomberg, Aug. 5, 2014 – It’s not often that the terms “aging landmark” and “erotica store” find themselves in the same sentence, but that’s L.A. for you.
- Hotels and Resorts: Investing Essentials, Motley Fool, Aug. 6, 2014
- Floating snowflake could be the world’s coolest hotel, CNN, Aug. 6, 2014
- Jailed Indian tycoon tries to sell New York Plaza, CNBC, Aug. 10, 2014
- Goodman wins bid to develop archdiocesan land, Philadelphia Inquirer, Aug. 10, 2014
- Industrial park land up for sale, NV Daily, Aug. 6, 2014
- Boca Raton city-owned real estate adds up to some serious green, Sun-Sentinel, Aug. 11, 2014