Technology
BlackBerry to Sell 19-Building CRE Portfolio in Search of Funds
BlackBerry is set to sell a large chunk of its real estate assets in 2014, as the company has sought the guidance of real estate brokerage CBRE in the hopes of moving out its office space.
Brookfield to Start $200M Redevelopment of NYC’s 450 W. 33rd St.
Brookfield Office Properties is giving 450 W. 33rd St. in New York City a $200 million makeover, modernizing it and integrating it with the firm’s $4.5 billion, 7 million-square-foot Manhattan West mixed-use project.
The February digital edition of CPE is now available!
Editor’s Note: Repair, Replace, Recover At press time, Congress has just approved a $1.1 trillion spending bill funding the federal government until September. News Story: Hilton IPO Sets Record Once word came from private equity firm Blackstone Group in September that it was planning an initial public offering for Hilton Worldwide, anticipation began building. Trend Story: Fine Dining Takes to the Malls Fine dining and retail are colliding! Cover Story: Bridging the Gap Industry innovators find solutions to the nation’s infrastructure crisis. Finance Special Focus: New Visions: Smart Deals and Hubris Cohen Financial CEO Jack Cohen discussed the state of the…
CBRE Adds Environmental Firm to European Consulting Group
The acquisition of VALTEQ is the latest in a series of major moves by CBRE in Europe.
The January digital edition of CPE is now available!
Editor’s Note: New Year’s Resolutions This new year brings promise of further economic improvement, but as I noted last month, it brings ample challenges, as well. News Story: Reinventing South Street Seaport One thing is certain: South Street Seaport in Lower Manhattan will be getting a makeover. Trend Story: Return of the Hotel Renovation The hotel industry is undergoing a renaissance. Cover Story: Skill Search Hiring: Demand for Talent, with a Taste for Capital Raising and Deployment Stars to Watch: Rising Leaders in CRE Plenty of people land a great deal before the age of 40. Sustainability: Water Works Payback issues aside,…
Mitsui Fudosan Develops 202 KSF Office Property in San Francisco
Looking to take advantage of the hot tech market in San Francisco, Mitsui Fudosan America has formed a joint venture with SKS Partners to develop a 202,000-square-foot Class A, speculative office building at 270 Brannan St. near Second Street in SOMA’s historic South Beach district.
Michael Ippolito: Workplace Changes Not Likely to Lead to Increased Office Vacancies
Las Vegas–Michael Ippolito, chairman, Global Corporate Services, of Newmark Grubb Knight Frank, argues that workplace mobility, shared work spaces and other such workplace trends are unlikely to shrink the overall demand for office space.
Technology Gives CRE Professionals Boost with New Mobile Tools
From an app for frequent note takers to a software-as-a-service management platform, a continuing evolution in technology is giving commercial real estate professionals new mobile tools to help them with their jobs.
Gansevoort Founder to Develop Luxury Lifestyle Hotel in London
Gansevoort Hotel Group founder Michael Achenbaum has partnered with Douglaston Development, SUSD and Hondo Enterprises to develop a full-service urban resort at 45 Curtain Road in East London’s fashionable Shoreditch district, set to break ground early next year.
CORENET GLOBAL SPECIAL REPORT: Future Workplace to Result in Reduced RE Footprint
Workplace optimization, enabled by a mobile workforce, will entail the reduced use of office space in the future, according to a panel held during the CoreNet Global North American Summit 2013.
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