In the News

Lawsuit Will Determine Whether CRE Firm May Dictate Use of Union Contractors

August 30, 2018    

A new lawsuit raises the question of whether an office building tenant should get to choose whether to use union contractors for its space, or whether the decision should be left up to the building’s manager.

The federal lawsuit filed against real estate giant Jones Lang LaSalle by...

Good News for U.S. CRE in Form of Rising Foreign Investment

June 19, 2018    

Despite an uncertain political climate, foreign investors are keen to continue investing in U.S. commercial real estate. In fact, the U.S. continues to be the single largest recipient of foreign direct investment (FDI) in the world, to the tune of more than $450 billion from other countries...

European Mall Operator Banks on Luxury Mall Success in U.S.

December 20, 2017    

The typical American shopping mall landscape has changed drastically—and for the worse—in recent years, in large part because nearly every item sold from a traditional brick-and-mortar store can be purchased online. Consumers who would rather devote time to things other than driving...

Report: Slow and Steady Could Win CRE Race in 2018

November 22, 2017    

Finally, after years of fluctuation that only sometimes favored the commercial real estate market, experts have predicted that slow and steady progress will rule the day—at least for 2018. Accounting firm giant PricewaterhouseCooper (PwC) and the Urban Land Institute (ULI) have put out...

Report: Tenant Demand Grows for Reconfigured Former Box Store Space

November 22, 2017    

As online shopping has become ubiquitous over the past several years, with e-commerce giants like Amazon offering seemingly every product under the sun and with free delivery for subscribers, retail tenants that have set up shop in centers and malls have suffered from sales slumps, more or less...

Fed Proposes Raising Bar for CRE Appraisals

July 21, 2017    

In a notice of proposed rulemaking the Federal Reserve Board said it wants to raise the threshold for commercial real estate transactions requiring an appraisal to $400,000. The Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency noted that raising this...

Expert: Troublesome Excess Office Space on the Horizon

June 21, 2017    

Commercial real estate brokerage giant Cushman & Wakefield’s global chief economist, Kevin Thorpe, has warned that an oversupply of office space is likely and that such a glut could become scary for a market that has only recently begun to recover from the economic downturn of nearly a...

Economists: CRE Industry Stays Steady through 2019

May 18, 2017    

A new three-year economic forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate predicts that the U.S. economy and commercial real estate industry are, in general, expected to experience moderate growth through much of 2019. The ULI Real Estate Consensus...

Industry Report: Slower But Steady CRE Market in 2017

October 21, 2016    

The Urban Land Institute’s most recent commercial real estate survey has revealed the CRE market’s anticipated trajectory. CRE has benefitted from six consecutive years of growth, but the experts polled by ULI predict that it will taper off by 2017. The slower growth in property...

Marijuana Dispensaries Come to Pennsylvania Shopping Centers

October 21, 2016    

Pennsylvania commercial real estate owners and tenants are both about to the feel the impact of the Keystone state’s recent decision to legalize medical marijuana. That’s because dispensaries will be looking for space in shopping centers, which could be lucrative for owners whose...

Closing Internet Sales Tax Loophole Opens Opportunities for Owners, Tenants

June 19, 2015    

A new bill that would require online retailers to collect and remit state sales taxes has been introduced by U.S. Reps. Jason Chaffetz, R-Utah, and Steve Womack, R-Ark. The Remote Transactions Parity Act (H.R. 2775) follows Womack’s Marketplace Fairness Act, which passed in the Senate last...

New Standard for Measuring Office Space Takes Effect

December 11, 2014    

The International Property Measurement Standard for Offices (IPMS for Office Buildings) took effect last month, creating a uniform method for measuring property globally. By replacing dozens of standards around the world, the new standard is expected to eliminate confusion, inconsistencies, and...

of 8Next