Commercial Real Estate News Roundup for Feb. 25 2015
Moscow’s high rise vacancies, Atlanta’s high job growth, and the high risk of credit for Sears: It’s all here in the Commercial Real Estate News Roundup for February 25, 2015
- CRE experts see continued moderate growth in region, Sacramento Business Journal, Feb. 20, 2015 – Recovery without office absorption is Sacramento’s challenge.
- Buyers have 5 ways to finance commercial real estate purchase, Orange County Register, Feb. 18, 2015 – Being a buyer means some choices about finance: here’s one broker’s rundown.
- 5 Reasons you should feel good about Atlanta development, BisNow, Feb. 20, 2015 – With Atlanta adding jobs, local developers are reporting a huge wave of renewed interest.
- A Conversation With Jed Walentas, Real Estate Developer in New York, New York Times, Feb. 17, 2015 – Learn about the “Dumbo philosophy” as practiced in Brooklyn. (No sign yet of a “Bambi philosophy” to round out the “Sad Disney Movie” category.)
- The towers of Moscow’s commercial district are standing half empty, CityMetric, Feb. 22, 2015 – The district that’s home to six of Europe’s seven tallest buildings is also home to some tall vacancy numbers.
- Industrial and logistics markets on rebound, Prague Post, Feb. 23, 2015 – E-commerce and the associated warehousing and shipping capacity is having its way in Europe as well.
- Property funds looking abroad: analyst, Taipei Times, Feb. 23, 2015 – Instroducing stiff taxes to discourage flipping has predictable results in Taipei.
- China Firms Replace Banks to Drive Hong Kong Rents: Real Estate, Bloomberg, Feb. 16, 2015 – Brokerages bump banks in Hong Kong, seen as a springboard for internationalization for financial firms.
- As Office Space Shrinks, So Does Privacy for Workers, New York Times, Feb. 22, 2015 – The average office space per worker, according to CoreNet has fallen by 23% in the last two years.
- Candace Carlisle’s take: What’s ahead for the skyscraper market in downtown Dallas? Dallas Business Journal, Feb. 17, 2015 – Investors are selling into a boom in Dallas CRE.
- Atlanta industrial real estate market “further validation” of economic expansion, Atlanta Business Journal, Feb. 17, 2015 – Making it twice in one Roundup is Atlanta with its equally hot industrial market.
- West Coast Port Strike Won’t Impact Long-Term Growth in Industrial Sector, National Real Estate Investor, Feb. 20, 2015 – Longshoremen are at the negotiating table, and even though L.A.’s flow of goods has been stifled, the sector is still on a track for growth.
- One of the largest industrial buildings in the city is planned for land near airport, Louisville Business First, Feb. 19, 2015
- Design Center owner planning retail, multifamily development next door, Charlotte Business Journal, Feb. 18, 2015 – Charlotte’s South End has a new development on the drawing board.
- Retail scene in Nob Hill slowly shifting, Albuquerque Journal, Feb. 23, 2015 – Persistent vacancies in Albuquerque’s Nob Hill get an in-depth look in this interesting piece.
- Traders Are Betting Sears Will Be the Next Big Retailer to Fail, Bloomberg, Feb. 19, 2015 – Prices on credit default swaps, aka the insurance that investors take out when buying bonds in a company can be a predictor of future disaster. Sears CDS markets are looking ominous.
- To satisfy state, Placerville rezones for multifamily — but no projects in sight, Sacramento Business Journal, Feb. 19, 2015
- Economy Watch: Fannie Mae Predicting Softer Multifamily Markets, Multi-Housing News, Feb. 23, 2015 – In which the guarantor of record sees an end to the boom in multifamily.
- South Florida Multifamily Sellers Hard to Find, GlobeSt., Feb. 20, 2015 – Flood worries? What flood worries? South Florida’s apartment market is an attractive hold in 1Q 2015.