Commercial Real Estate News Roundup for September 28, 2015
Riding a grocery cart to riches, a $1 trillion milestone in multifamily, a Japanese history lesson, and Fannie likes green. All this and more in the Commercial Real Estate News Roundup for September 28, 2015.
- It’s Supply, Not Demand, Slowing Deal Flow, GlobeSt.com, September 25, 2015 – Colliers claims RCA research showing decline in national deal volume is due to tenants being all dressed up with nowhere to go.
- Lenders Prefer Multifamily and Industrial Over Retail, National Real Estate Investor, September 24, 2015 – Is capital avoiding retail in favor of other property types?
- Tech Leads Office While Ports Dominate Industrial, GlobeSt.com, September 22, 2015 – SF, SV, Phoenix and Austin are leading the tech office boom.
- Economy Watch: The Scoop on Upper-End CRE, Commercial Property Executive, September 21, 2015 – Almost as if in response to the Fed’s recent decision to keep money as cheap as possible, CoStar’s national numbers show obstacles to investors finding the best properties in the best markets.
- UK Is Safe Haven for International Investors, GlobeSt.com, September 24, 2015 – Low supply in London exposed by a flood of inbound investment capital.
- Everything You Need to Know About the Last Asian Real Estate Crash, BISNOW, September 23, 2015 – A history lesson compares the Japanese buying spree and bubble of the 1980s compared to the Chinese buying spree of today.
- Two-Tower Paris Office Gets Go-Ahead, GlobeSt.com, September 22, 2015 – The Jean Nouvel design might inspire seasickness, but the Paris office tower project is a go.
- Law Firms Adopting Collaborative Offices, GlobeSt.com, September 24, 2015 – The west coast open-office style may be coming to a white-shoe law firm near you.
- 1 WTC’s first tenant looks to shrink its space by 85%, Crain’s New York, September 23, 2015 – China’s stock market blamed for big WTC tenant’s wish to be much less big.
- New York’s Rising Office-Condo Market, WSJ, September 20, 2015 – Manhattan prices continue to soar like a pigeon.
- Industrial Plants Getting a Re-Design, GlobeSt.com, September 24, 2015 – SIOR and industrial property experts launch study on rehabs for the 20th century’s still-standing building stock to make it useful again.
- What’s In Industrial’s Future? GlobeSt.com, September 23, 2015 – JLL’s Managing Director of Ports and Airports talks the future of ports.
- Monmouth Sells North Carolina Industrial Property for $9M, Commercial Property Executive, September 21, 2015 – Tenant buys 160K sq.ft. industrial home. Seller says proceeds are headed to built-to-suit projects.
- CBRE Selected to Manage Large Industrial Portfolio, Commercial Property Executive, September 21, 2015 – A big industrial property deal in Tampa/St. Pete ends with CBRE snagging a plum management contract.
- Grocery, Most Active Sector in Retail, GlobeSt.com, September 24, 2015 – Retail without grocery anchor is not catching the imaginations of investors in the retail sector.
- What Gap Could Do to Make Itself Fashionable Again, The Street, September 24, 2015 – Fighting off the off-price competition has Gap struggling and retail pundits offering ideas on how to win.
- After Layoffs and Shuttering its Flagship Store, DKNY will Move to Smaller HQ, Crain’s New York Business, September 21, 2015 – First Donna Karan left DKNY, now DKNY leaves its flagship store.
- Largest-Ever South Beach MF Portfolio Selling, GlobeSt.com, September 25, 2015 – One-stop shopping for highly rented out apartments as a key portfolio hits the market.
- Multifamily Permits Fall Back, Multifamily Executive, September 23, 2015 – Is it a slowdown in new construction permits nationally, or is it just NYC hitting the wall, allowing the national numbers to normalize?
- Multifamily Mortgage Debt Tops $1T in 2Q, Housing Wire, September 22, 2015 – Lots of capital out there financing multifamily property.
- More Loans Available for Green Multifamily, National Real Estate Investor, September 22, 2015 – Fannie Mae will lend you more green if your building is green.
- No Sign of Slowdown in Vancouver Commercial Real Estate Sales, Vancouver Sun, September 24, 2015 – Western Canada may be slowing down, but Vancouver has had its best quarter in five years.