News
Economy Watch: Hiring, Retail Look Good in April
April was better than expected as far as the U.S. economy was concerned. The expected bad news could be summed up in one word: jobs. Or maybe three words: not enough hiring. But it turned out that employers were hiring at a fair clip.
Manhattan Rental Rates to Reach Record High in 2011
Not only has the city rebounded, it has come back with a vengeance, as market-rate rents are on track to reach an all-time high this year, according to Marcus & Millichap Real Estate Investment Services’ apartment research market outlook.
Will Seattle Housing Snap, Crackle or Pop?
By Alex Girda, Associate Editor
Seattle housing is making waves in the news, but homebuilders tell a slightly different story. A recent report in The Seattle Times offers some insight into what homebuilders have to do to perfect a sale. Offers […]
Big Office Landlord Sells Some of Dallas Properties
Younan Properties Inc. has listed its Energy Square complex at North Central and University Drive. The complex comprises 900,000 square feet of office space in three buildings constructed in 1986, 1980 and 1974. They underwent renovations a few years ago.
Jones […]
Office Property Sales Dominate Los Angeles Real Estate Market
By Alex Girda, Associate Editor
Los Angeles’ office sector continues to outperform the rest of the area’s real estate market, with property sales front and center. Office sales culminated this week with Majestic Investments’ purchase of a San Fernando Valley complex […]
CoreNet: JLL Says Tenants in Smart Growth Phase
As more employees share space or work from home, companies are finding they need fewer physical square feet. With U.S. companies in the United States on the forefront of such alternative workspace strategies, it should come as no shock that JLL predicts a negative net portfolio growth in the U.S. corporate real estate market over the next three years.
Economy Watch: Jobs Numbers, Freddie Mac
It’s that time of the month again: the run-up to official U.S. unemployment numbers for the previous month.
TOMS Shoes Leases L.A. Building for New HQ
The progressive company, which matches each sold pair of shoes with the donation of another, has signed a lease that will facilitate its relocation to spacious quarters of nearly 70,900 square feet.
Phoenix Area Enjoying Big Love from Canadian Single Family Real Estate Investors
By Alex Girda, Associate Editor
The City of Phoenix is punching its way into real estate market recovery. But all it has landed this week were small jabs. A number of commercial real estate properties were the subject of deals that […]
Chicago Welcomes Certified Green Home Rehabs and New Rentals
By Veronica Grecu, Associate Editor
A new joint venture redevelopment in Chicago’s suburb Cicero is on track to become the first green certified home rehab in Illinois. CM Real Estate Development, a rehab and redevelopment company based in Chicago, has joined […]