In the News

Manhattan Takes Second Place to London in CRE Investment

February 12, 2019    

Despite global financial uncertainty sparked by Brexit—that is, the impending withdrawal of the United Kingdom from the European Union—London retained its title as the world’s top destination for investment in commercial real estate in 2018, according to a new report by global...

Report: Canada CRE Continues to Thrive

February 12, 2019    

Canada’s commercial real estate growth is set to continue through the next year, according to Avison Young’s new report. The 2019 North America, Europe and Asia Commercial Real Estate Forecast reveals that factors such as historically low unemployment rates boosted the economy. For...

CRE Brokers Have High Hopes for Dispensary Deals

December 12, 2018    

A new survey of commercial real estate brokers who have done lease deals for space for marijuana businesses reveals that—despite the difficulty of negotiating such leases—they would try again. The survey comes after voters have approved the legalization of marijuana in three more...

Post Office Could Be Sent Packing After Eviction Suit

September 26, 2018    

An eviction suit filed against the U.S. Postal Service could speed up ambitious plans for redeveloping a huge downtown Milwaukee building. The owner is trying to evict its only tenant, which holds a lease that could extend until 2040. The owner filed a lawsuit in Milwaukee County Circuit Court...

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...