Commercial Real Estate News Roundup For February 11, 2015
A devastating year for retail, a New England match made in multifamily heaven, European markets heat up, and “green industry” takes on a whole new meaning. It’s all here in the Commercial Real Estate News Roundup for February 11, 2015.
- 9 things a commercial real estate owner should do now, Orange County Register, Feb. 7, 2015 – Not listed (and for good reason) among the nine things: get out of commercial real estate.
- Floating or Fixed Rates: Considerations in Choosing a Commercial Real Estate Mortgage, National Law Review, Feb. 6, 2015 – To swap or not to swap? That is the question.
- REITs shine on strong demand but some fear the party’s over, Reuters, Feb. 5, 2015 – Nervously looking at market indicators isn’t paranoia, it’s having a memory of 2008.
- Real Deals: Slew of projects promise to reshape core of downtown Durham, The Durham News, Feb. 9, 2015 – Durham’s tallest building is coming off the drawing board and out of the ground.
- Europe’s commercial property market hottest since 2007 – report, Reuters, Feb. 4, 2015 Paris is up, Berlin and London are down but second-tier cities in the UK and Germany are going great guns in CRE.
- Tel Aviv Faces Glut of New Office Space, WSJ, Feb. 3, 2015 – Softened demand promises a sales problem for the 2m sq. ft of office space in Tel Aviv’s pipeline.
- Chinese investors are going crazy for London’s office space, Business Insider, Feb. 9. 2015 – Despite lagging other UK cities in commercial real estate investment, London is attracting Chinese capital in notable amounts.
- Is Louisville one corporate headquarters away from an office market explosion? Louisville Business First, Feb. 5, 2015 – Is what’s missing from Louisville millennial workers or a big-ticket corporate HQ?
- What Duke Realty’s $1.12B office deal means for the Triangle, 3 other markets, Triangle Business Journal, Feb. 3, 2015 –
- As North Texas office market tightens, more Irving locations are in play, Dallas Morning News, Feb. 5, 2015
- Industrial Sector Gets High on $2.7B Marijuana Industry, National Real Estate Investor, Feb. 6, 2015 – Despite federal illegality and banking withholding capital from marijuana business plans, the industrial sector is finding a way forward under state-level legalization.
- Petrochemicals key to east Houston industrial real estate growth, Houston Business Journal, Feb. 4, 2015 – What’s the ultimate fate of Houston’s oil-driven economy in the face of $50/barrel black gold?
- Freight growth to keep US industrial space absorption strong, Journal of Commerce, Feb. 3, 2015 – Logistics is growing, and rolling more trucks and trains than ever.
- Sprint, Amazon Zero In On RadioShack As The End Seems Near, Forbes, Feb. 3, 2015 – The end not only seems near for the nerd-beloved Radio Shack, it’s right here. I guess collecting all those phone numbers at the cash register didn’t help profitability in the end.
- Store Closings Heavily Impact Apparel Sector, National Real Estate Investor, Feb. 5, 2015 – Cache calls it a day for a big chunk of its 2018 stores.
- Will Staples, Office Depot Merger Cause More Brick and Mortar Closings? Commercial Property Executive, Feb. 5, 2015 – A $39 billion 4,000 store behemoth is about to be created.
- Retail’s Winter Of Death Has Claimed Thousands Of Stores, Buzzfeed News, Feb. 9, 2015 – Kate Spade Saturday, Jones New York Delia’s DB Shops, Wet Seal, Gap’s Piperline are just a few of the names we don’t have to push around any more.
- Multifamily Market is Enjoying the Best of Times. Here’s Why. Multi Housing News, Feb. 4, 2015 – Fannie financing is just a hair away from flat, but the multifamily sector celebration continues unabated.
- 2015 to continue positive trends for multifamily market, Real Estate Journal, Feb. 5, 2015 – Optimism from REJ on apartments.
- Millennials, luxury apartments key to Wilmington revival, Wilmington News Journal, Feb. 9, 2014 – Meanwhile in New England, younger workers and swanky digs are a match made in landlord heaven.