Commercial Real Estate News Roundup For March 5, 2015
2014 brought strong SW Florida commercial markets, Chase explores consolidating operations in a new skyscraper in the DFW area, U.S. office investment hits 7 year high: It’s all here in the Commercial Real Estate News Roundup for March 3, 2015
- Housing Crash Sends Beeson Into Commercial Real Estate, Memphis Daily News, Feb. 28, 2015 – Jacque Beeson is patrolling Memphis’s commercial market with panache and a nose for a deal.
- SW Florida real estate markets came back strong in 2014, Ft. Meyers News Press, Feb. 25, 2015 – Total construction permits in SW Florida bumped from 7K last year to 9K this year, says Ft. Meyers property professional.
- Vancouver firm offers a one-stop real estate shop for Chinese investors in B.C., Vancouver Sun, Feb. 24, 2015 – The international capital flows from Asia get a little help north of the border.
- J.P. Morgan Chase considering Dallas area for huge employment center, Dallas Morning News, Feb. 25, 2015 – Giant bank is considering consolidating their giant employment operations into a new skyscraper in the Dallas-Ft. Worth area
- U.S Office Investment Hits 7-Year High at $119 Billion, World Property Journal, Feb. 24, 2015 – The strongest labor market since 1999 propels office investment to 7 year high.
- Millennials fuel trends in Phoenix office space design, Phoenix Business Journal, Feb. 26, 2015 – Experts predict that millennials will make up more than half the workforce by 2020. Trends such as hosting meetings in break rooms instead of conference rooms are changing the face of modern office design.
- Five Key Trends in Industrial Finance, GlobeSt., Feb. 27, 2015 – Industrial real estate is booming with sixty tenants from across the nation looking for big box warehouses of one million square feet or more. This increased demand outstrips availability by nearly a three-to-one margin.
- Continued demand expected for industrial sector space; retail stays healthy, Albuquerque Business First, Feb. 27, 2015 – New report indicates robust predictions for the industrial and retail markets in 2015.
- Market Snapshot: Chicago’s Indestructible Industrial, Commercial Property Executives, Feb. 25, 2015 – Chicago’s industrial market is expanding at a steady pace fueled by companies like Google who are converting industrial space into hi-tech office space.
- Retail will drive Wichita’s commercial real estate market in 2015, Wichita Eagle, Feb. 27, 2015 – Costco builds first 150,000 sq. ft foot store, likely to goose retail development on Wichita’s east side.
- Retail Sustainability: Do Shoppers Even Care?, National Business Journal, Feb. 26, 2015 – New Forrester Research study could help retailers understand what sustainability issues appeal to and create loyal shoppers.
- Another legal spat breaks out over Mag Mile real estate deal, Crain’s Chicago Business, Feb. 24, 2015 – Terra Foundation sues legal giant DLA Piper for $6.9 million over alleged botched handling of real estate deal for Terra’s Mag Mile former digs.