Commercial Real Estate News Roundup for January 7, 2015
When malls die, when NIMBYs endorse commercial development, when law firms get rid of law books, and when Dixieland gets its industrial groove back: it’s all here in the Commercial Real Estate News Roundup for January 7, 2015.
- A Minneapolis start-up threatens to upend commercial real estate, Minneapolis Star-Tribune, Dec. 22, 2014 – Crelow.com — the Priceline.com of commercial real estate has emerged in the Twin Cities. Innovation, disruption, et cetera.
- The state of Washington commercial real estate, in charts, Washington Post, Jan. 2, 2015 – Chart-heads can hit the “deck” to their heart’s content in with Evergreen State commercial RE data.
- 5 ways technology is overhauling commercial real estate, Baltimore Business Journal, Jan. 2, 2015 – A industry that boils down to trustworthy people who know about places making deals with trustworthy people who need places isn’t being “overhauled” by technology any time soon. Streamlined? Sure. Here’s how.
- The business case for green cleaning in commercial real estate, Portland Business Journal, Dec. 29, 2014 – Property managers can add value with sustainable cleaning techniques.
- Can a commercial development be used to block Big Oil? Grist.org, Dec. 29, 2014 – To local consternation, export-bound North Dakota crude oil shipments are routed through a community in Washington state. The solution? A different commercial development.
- Clouds appear in the crystal ball for Dallas real estate in 2015, Dallas Morning News, Jan. 1, 2015 – Dallas grapples with a near future marked by commercial development uncertainty.
- 10 challenges and opportunities for hospitals in 2015, Beckers Hospital Review, Dec. 30, 2014 – Are there too many hospitals or too few? The lack of consensus may surprise you.
- Law firms in D.C. are shrinking, leaving behind vacancies in real estate market, Washington Post, Jan. 4, 2015 – As the legal industry leaves behind the rows of bound books in favor of digital alternatives, vacancies are climbing across the legal office sector.
- Manhattan Sees Robust Office Growth, WSJ, Jan. 4, 2015 – If you can make it there, you can make it anywhere. But can you pay the freight on the office space to administer whatever you made?
- Office Market Sees Tepid Recovery, WSJ, Jan. 4, 2015 – 4Q national office market vacancies steady year-over-year at at 16.7%.
- Is the Coast Clear for New Zoning Mixing Residential, Industrial Uses? NBC San Diego, Jan. 2, 2015 – San Diego looks to a Houston-style wild-west zoning regime offering maximum flexibility.
- Atlanta’s Industrial sector continues to improve, Atlanta Business Chronicle, Dec. 30, 2014 – Following the national industrial-sector uptick trend and led by multi-tenant occupancy, Atlanta is making, shipping and storing stuff like gangbusters.
- Memphis Industrial Market Rebounds in 2014, Memphis Daily News, Jan. 5, 2015 – CBRE Memphis reports a fifth quarter of net positive absorption.
- The Economics (and Nostalgia) of Dead Malls, New York Times, Jan. 3, 2015 – The era of malls is over, if photo feature editors have anything to say about it.
- Retail Cap Rates Stay at Historic Low, Globe Street, Jan. 5, 2015 – Low risk, high demand are the watchwords in Chicago retail, says Globe St.
- Retail Investment Sales Booming, NREI, Dec. 30, 2014 – At NREI the only argument about national retail sector is wether the national market trend over four years is up or way up.
- The Retail Market: Recovering with Measured Expectations, Nevada Business, Jan. 1, 2014 – Lagging behind multifamily and industrial, Nevada’s retail sector is nonetheless on the rise.
- The Central Question: Can Portland build a different type of neighborhood? The Oregonian, Jan. 2, 2015 – Repurposing the warehouses of the Central Eastside in Portland, OR is looking more and more like a multifamily play.
- Douglas Emmett Acquires 468-Unit Multifamily Community in Honolulu for $146 Million, Multifamily Biz, Dec. 31, 2014 – A REIT goes shopping for Hawaiian apartments.
- Flip or Hold: Best Real Estate Moves for 2015, US News & World Report, Jan. 1, 2015 – Spoiler alert: holding edges out flipping as a investment strategy in 2015, says this US News piece.