Commercial Real Estate Roundup – April 22, 2014
A Nevada rancher skips on rent while offering a novel excuse, the National Science Foundation lays a new foundation, cheap natural gas lights up Red Stick, two tales of Denver — it’s all here at the Commercial Real Estate News Roundup for April 22, 2014.
- ULI panel: Commercial real estate still reflects ‘good ol’ boys club’, Triangle Business Journal, April 17, 2014 – UNC Chapel Hill business prof wonders out loud if this industry hasn’t left behind its least attractive traditions.
- Enhancing a commercial real estate career through reading, Commercial Observer, April 8, 2014 – Great, thoughtful piece on the role of reading in building a successful career. Spoiler alert: it helps. A lot.
- Forget Silicon Valley vs. San Francisco – here are the 6 commercial real estate trends to watch, Silicon Valley Business Journal, April 11, 2014 – Witness the epic Valley vs. San Fran battle over who’s prettier (to property portfolios).
- Real estate site targets underserved commercial sweet spot, CNBC, April 8, 2014 – Sub-4K sq. ft. office leasing: a huge market made out of modest space.
- Swift Real Estate Partners buying California Center, 1 million square feet of office in Pleasanton, for $160 million, San Francisco Business Journal, April 17, 2014 – What does $160 mil buy in the Bay Area office market?
- Real estate company rejuvenates Mt. Lebanon office building, Pittsburgh Post-Gazette, April 11, 2014 – Iron City redevelopers take a beautiful old property and turn it around with a preservationist’s touch.
- USAA Realco developing new HQ for National Science Foundation, San Antonio Business Journal, April 16, 2014 – National Science Foundation’s new HQ
- Realtors create new boom by flipping warehouses, Beaumont Enterprise, April 21, 2014 – Meanwhile in Texas, a trio of businesswomen are making bank meeting commercial space needs on a schedule.
- Denver’s industrial real estate market is on fire, Denver Business Journal, April 14, 2014 – Note: property is not actually burning.
- Industrial real estate demand growing for Baton Rouge area, trending upwards for 2014, The New Orleans Times-Picayune, April 10, 2014 – Driven by fracking-low natural gas prices, Baton Rouge
- Real estate won’t save Sears shareholders, Crains Chicago, April 14, 2014 – Investors looking for a happy ending to Sears need to keep looking.
- Denver’s retail construction lags with available space dwindling, Denver Business Journal, April 16, 2014 – Absorption plus declining construction starts equals rising prices.
- The federal government moved some cows and Nevada’s governor isn’t happy about it, Washington Post, April 9, 2014 – In the weekend that added the amusing term “welfare cowboy” to the national conversation, we find that the oft-decried ethos of entitlement shows up in the darndest places – sometimes under a stetson.