Anna Spiewak
Economy Watch Weekly: Employment Numbers Surprised on the Downside in December
CPE’s economic analyst, Dees Stribling, gives his update for the week ending Jan. 10.
Economy Watch: Retail Sales Eke Out Increase; SoCal Home Sales Drop in December; Small Businesses More Optimistic
U.S. retail and food services sales were $431.9 billion in December, an increase of 0.2 percent from the previous month and 4.1 percent above the total in December 2012. Southern California home sales fell to a six-year low for the month of December. And the small-business optimism index ended December at 93.9, slightly up from November but below the previous three mid-2013 readings of over 94 and six points below the pre-recession average.
Michael Ippolito: Workplace Changes Not Likely to Lead to Increased Office Vacancies
Las Vegas–Commercial Property Executive magazine interviews Michael Ippolito, chairman, Global Corporate Services, of Newmark Grubb Knight Frank, during the 2013 CoreNet Global North American Summit.
Elizabeth Cooper & Tom Doughty: Scales Tipping to Landlords as Law Office Rents Rise
Concessions and rent breaks in law firm office space are going, going—and close to gone, even as a few prominent cities prove the exception to the rule.
Economy Watch Weekly: Fed Finally Decides to Taper
CPE’s economic analyst, Dees Stribling, gives his update for the week ending Jan. 10 (This podcast was slated for December 24, but never ran due to the Christmas holiday).
McCarthy Cook & Co. JV Buys 213 KSF Office Campus in San Diego
McCarthy Cook & Co. has teamed with AllianceBernstein U.S. Real Estate Partners on the acquisition of Canyon Plaza, a two-building, 213,000-square-foot office campus located in San Diego.
Tishman Speyer Grabs 153 KSF DC Office Building
Tishman Speyer has bought is 2000 K St., N.W., an eight story, 153,212-square-foot corner office property located in Washington’s Central Business District.
The risk/reward ratio is the determinant of success.
–Sam Zell, Equity Group Investments chairman
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