Browse Tag: Cushman & Wakefield

Commercial Real Estate News Roundup For May 18, 2015

 

Junior boxes get a look, senior partners work out a merger, and a record price per unit sale. It’s all here at the Commercial Real Estate national news Roundup for May 18. 2015

 

General

 

Office

 

Industrial

  • Valley industrial real estate market on the upswing, Fresno Bee, May 13, 2015 – U.S. Industrial market bullish as vacancies drop to 10 year low of 7 percent. Boom is partially due to foreign investors who see U.S. as a safe and stable environment compared to their own countries.
  • 27-property industrial portfolio changes hands, Commercial Property Executive, May 13, 2015 – Investor appetite for industrial properties in the Dallas-Fort Worth area holding strong as Dallas-based Crow Holdings buys 27 building portfolio located in DFW and Houston.
  • Zilber buys LakeView industrial buildings in $10.4M investment, Milwaukee Business Journal, May 13, 2015 – Zilber Properties continues to make a play for control of  the I-94 corridor between Milwaukee and Chicago with purchase of LakeView industrial buildings for $10.4M.

Retail

  • Retail development gains momentum, National Real Estate Investor, May 14, 2015 – New retail construction almost at peak levels last seen in 2005 where it topped out at 25.5 million square feet.
  • Rhode Island Mall to be sold to Baltimore company, Providence Business News, May 12, 2015 – Plan moves forward to gut Rhode Island Mall’s 160,000 square foot interior and renovate space into two levels for up to six “junior box” retailers.

Multifamily

 

Debt Man Walking

The following is the beginning of a blog post by Ken Ashley,  CCIM, MCR, SIOR  and Senior Director of Cushman & Wakefield, that recently appeared in the Atlanta Business Chronicle.  A special “Thank You” to Editor David Allison for allowing us to reprint a portion!

 

 

As Americans deal with the uncertainty in Washington and the instability on Wall Street, there has been a lot of press about how we should deal with these issues on a personal level. But what should  business leaders do?

Bill Gross of investment giant PIMCO coined the phrase “Debt Man Walking” to describe the apparent dire straits the US faces with its significant borrowing “issues.” How do you as a business leader turn this into Wise Man Walking? More specifically for this real estate focused space, what should you do with office or factory projects that are on the boards today?

To continue reading,  please click for original post in the Atlanta Business Chronicle.

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