Commercial Real Estate News Roundup For January 12, 2016
Four areas of retail real estate to watch in ’16, heightened apartment demand stemming from soft home demand, spotlight on Indiana, and a big deal closes in Rubber City, aka Akron, OH — it’s all here in today’s National Commercial Real Estate News Roundup.
- US Office Market Stays Vibrant in 4Q – GlobeSt, Jan 11, 2016 – The capper to a boffo 2015 in the national office market.
- Risk Tolerance Buoys Spec Office Development – GlobeSt, Jan 11, 2016 – Meanwhile in SoCal, more are willing to build now and lease later.
- $30MM Office Portfolio Sale In Akron – ReJournals Jan 11, 2016 – Rubber City rumblings as Colliers brokers a big deal.
- 142 Unit Building Moves In Indiana – ReJournals, Jan 10, 2016 – Greenfield, IN sees a deal moving ownership of a large apartment community.
- Homeownership Rate Flat, Goosing National Apartment Demand – NREI, Jan 11, 2016 – Harvard study suggests apartment demand is being supported by flat home ownership.
- Blackstone In Front Of NYC Pack When It Comes To CRE Acquisitions – GlobeSt. Jan 11, 2016 – Multifamily is just one of the categories Blackstone spent 2015 buying ($6B) and selling ($4.2B)
- United Pipe And Steel Renews 100K SF Lease – REJournals Jan 10, 2016 – Franklin, IN tenant keeps its footprint right where it is.
- Five Ways To Get Large Commercial Property Tax Refunds – Orlando Business, Jan 9, 2016 – It pays to understand the appraisal process.
- Triangle Industrial Market Remains Model Of Good Health – News & Observer, Jan , 2016 – A low vacancy rate and considerable storage needs for local businesses are driving the NC Triangle’s industrial market.
- Four Areas Of Retail Real Estate To Watch This Year – Law360, Jan , 2016 – The legal issues facing the national retail RE sector, in one list.
- Net Lease: The Perennial Performer – Globe St., Jan 11, 2016 – The predictable, portable performance of net leasing yet again on display.
- Apparel Retailers Facing Challenges In New Year – RetailCustomerExperience, Jan 10, 2016 – It’s getting harder for clothing retailers to keep their shirts on.