Paul Rosta
Economy Watch Weekly: New Jitters Over Spain, the Q2 Blues and More
CPE’s economic analyst, Dees Stribling, gives his update for the week ending July 27.
Paramount/Colony Capital JV Closes on $481M Deal for Queens Trophy Tower
A joint venture of Paramount Group Inc. and Colony Capital L.L.C. bought the 50-story, 1.4 million-square-foot asset, which is the tallest New York City building outside of Manhattan.
Paramount/Colony Capital JV Buys Queens Trophy Tower For Estimated $475M
Fully leased to Citigroup, the 1.4 million-square-foot, 50-story One Court Square is the tallest building in New York City outside of Manhattan.
U.S. Leads Global Investment Sales as NYC Flexes Muscles: Cushman & Wakefield Midyear Update
U.S. investment sales are expected to reach $253 billion in 2011, a 25 percent jump compared to 2011. In the nation’s biggest office market, fundamentals remain sound.
CPE Sentiment Survey Turns Gloomy; Capital Markets, Government Policies Named Long-Term Focus
Commercial real estate executives believe trends in the capital markets will have the greatest impact on the industry in the next five years, while government policies will pose the greatest challenge, according to the latest CPE 100 Quarterly Sentiment Survey. Their near-term impact was noticeably gloomier than in the first quarter.
Global Gateways: Portman’s Baisiwala on Growing Beyond U.S. Borders
What’s the best way to expand overseas? Portman Holdings’ Ambrish Baisiwala offers advice.
NAREE Special Report: Multi-Family’s New Trajectory
With vacancy rates significantly improved over the past couple of years, landlords can work to make that rent recovery happen. The national average vacancy rate in the first quarter was 5.1 percent, noted Mark Obrinsky, chief economist for the National Multi Housing Council.
Dees Stribling’s Economy Watch Weekly: The Nervous Summer of 2012 Continues
The nervous summer of 2012 continues.CPE‘s economic analyst, Dees Stribling, gives his update for the week ending June 22, 2012.
Utilities Coast to Coast
(comparative utility costs for major office building categories) (annual utility costs for office buildings in selected major U.S. markets)
Economy Watch: Homebuilders Haven’t Lost Confidence Yet
Builder expectations are modest but holding steady; investor relief over Greek election is short-lived.