Paul Rosta
Expansion Team: Mark Doran on Transwestern’s Growth Strategy
Insights from COO Mark Doran on the strategy behind Transwestern’s recent acquisitions the Boston and Chicago markets.
CPE 100 Quarterly Sentiment Survey: Job Market Growth to Boost Demand for Space in 2014
Half of executives surveyed say that end users will seek more space for expanded departments or geographic growth in 2014.
Millennial Magnets: Top Locations
Which U.S. counties sport the highest concentrations of Millennials? The Nielsen Co. analyzed this three different ways: for householders age 20-34, those age 25-34 (which focuses attention on those more likely to have entered the workforce and attained greater earning power) and those age 25-34 with high incomes. The following charts rank the top 50 counties for each category. For a more extensive discussion of where Millennials live, how they are spending their money and how retail real estate owners can best apply this information, turn to “Millennial Magnets,” the 2014 CPE-Nielsen Special Report in the May 2014 issue of…
Online Retail Sales On the Rise
For more on the impact of e-commerce on retail and industrial real estate, see the special report in the March issue of CPE.
Gallery: Adaptive Reuse
Developers are infusing new energy into adaptive reuse. This slideshow depicts examples of distinctive projects from around the country.
Adaptive Reuse in Hospitality: A Q&A with Hilton Worldwide’s Bill Duncan
The hospitality industry is vying to capture business and leisure customers, and transforming existing buildings into distinctive venues is growing in popularity as a way to stay a step ahead of the competition. A prolific developer of adaptive reuse projects, Hilton Worldwide has created one-of-a-kind hotels from a wide variety of properties, ranging from landmark Beaux Arts office buildings and stalled condominium projects to a former military academy. Bill Duncan, global head of the Homewood Suites and Home2 Suites Brands, offered an inside view of adaptive reuse trends and strategy in a Q&A with CPE Senior Editor Paul Rosta….
CPE 100 Sentiment Survey: Industrial Assets to Make Biggest Gains with Investors in ’14
Industrial and e-commerce properties are expected to make the biggest jump in popularity with investors this year, while pension funds and foreign capital will increase their activity more than other institutional investor categories, according to the latest CPE 100 Quarterly Sentiment Survey.
Holding the Line on Office Expenses
Owners and managers of private-sector office buildings significantly trimmed costs related to utilities, security and roads and grounds from 2012 to 2013. According to the Building Owners and Managers Association International and Kingsley Associates, security expenses declined 14.5 percent and utility costs fell 12.4 percent. Roads and grounds expenses make up only about 2 percent of office operating budgets on average, but those costs dropped 14 percent year over year. As the chart below shows, other expense categories held steady or posted a slight decline. For more about smart budgeting strategies, be sure to read “Hold the Line” in the February issue…
After Manhattan’s Banner 2013, Experts Await an Encore
“I think we can cheer about 2013 and feel pretty good about 2014.” That was how Ron Lo Russo, president of Cushman & Wakefield Inc.’s New York Tri-state region, summed up the outlook Tuesday morning at a briefing in Midtown Manhattan.
Brand-New Brand Names
Typically prompted by a corporate acquisition or a new direction, rebranding is a crucial but often overlooked process. A series of well-known commercial real estate brand names have morphed or disappeared in recent years. The scorecard below offers a sampling of some notable new brand names and their predecessors. For more about the trends in rebranding strategy, be sure to read “The Name Game” in the January issue of CPE.
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