the Editors of Commercial Property Executive
Economy Watch: Strong Labor Market Could Impact Office Sector
By Dees Stribling, Contributing Editor The U.S. office market is set to face a “moderate slowdown” in 2017 because of a confluence of factors, mainly due to softer tenant demand and an increase in new supply, CBRE reported in its recent outlook for the U.S. real estate industry. “Firms are finding it increasingly difficult to find qualified workers, which is reflected in the low unemployment rate… and real wage growth.” Thus, the company predicted, next year will see a lower net gain in office-using jobs nationwide. CBRE calculates that a net of 273,400 office-using jobs will be created in ’17,…
How Online CRE Investing Leads to Increased Liquidity—and Interesting Opportunities
When making private investments in individual properties, you head into each deal knowing that your money will be tied up for a long time—most likely, until the property is sold.
Muffley & Associates Real Estate Opens New Atlanta Office
The opening of the new location in Alpharetta marks the company’s third office in the Atlanta area.
Don’t Miss Out: 2017 Top Mortgage Banks Survey
Don’t miss out on the chance to be ranked among the top mortgage banking firms in the U.S.!
McCarthy Holdings Appoints First Corporate Lean Manager
Felipe Manriquez is responsible for overseeing McCarthy’s comprehensive Lean program.
Investment
U.S. pricing per square foot based on independent reports of properties and portfolios $2.5 million and greater
HFF Taps New Director for Self-Storage Investments
Tom Doyle will focus on the firm’s self-storage investment sales transactions in the Southeast and Southwest regions.
Former Obama Aide Joins Hilton in Top Communications Role
Katie Beirne Fallon will serve as SVP & global head of corporate affairs for the hospitality giant.
Campanelli Sells Heritage Properties in Massachusetts
Previously occupied by Boston Financial Data Services and CitiStreet, Heritage One and Two had sat vacant for more than five years before Campanelli purchased the two buildings in June 2013.