In the News

Food Trucks Scream for Ice Cream Reg Changes

April 24, 2013    

Food trucks have unprecedented commercial real estate opportunities now, essentially turning them into tenants in some scenarios. That’s because for some property owners, the presence of these next-generation food trucks at their shopping centers can satisfy a need for diversified food...

More Than Coffee While Travelers Wait at Redesigned Terminal

April 24, 2013    

Travelers will have the opportunity to treat themselves to more than just magazines, snacks, and coffee while waiting for flights at John F. Kennedy International Airport. An expansion project at the New York City airport’s Terminal 4 will include upscale specialty shops, brought in by...

Court Slams Tenant’s Use of Litigation as Lease Negotiation Tactic

January 23, 2013    

A New York state judge harshly criticized a major toy retailer recently for using litigation as a tactic in negotiating a new lease for its Times Square store in Manhattan. The court faulted the tenant’s filing of a lawsuit during lease negotiations, emphasizing the fact that a borderline...

Historic Boston Area Gets Long-Due Facelift

January 22, 2013    

Who knew that biotech players would be the ones to lead a boom in one of the most historic areas in the country? Despite being home to Harvard University, Cambridge, Mass., just outside of Boston, has also harbored a wasteland of empty lots where factories once were located but that haven’...

Study: Job, Loan Troubles Blamed for Sluggish CRE

August 30, 2012    

A new National Association of Realtors (NAR) report is crediting sluggish job creation and a lack of loan availability for slow CRE recovery. The NAR study noted that, in particular, vacancy rates in the office sector are expected to fall from an estimated 16.1 percent in the third quarter of...

Mall Owner Skirts Web Competitors

August 9, 2012    

Shopping mall owner and manager Glimcher Realty Trust has come up with a tenant-mix formula that’s outsmarting the Internet competition that has been threatening the success of...

Survey: Efficiency and Cost Cutting Still Rule the Day

July 26, 2012    

New findings show much-needed improvement in the nation’s real estate markets. As the CRE market continues to rebound in a lackluster economy, industry executives say multifamily development will continue to grow. However, they remain focused on initiatives that increase operational...

Realtors: Tight Credit Choking CRE Loans

May 28, 2012    

While the commercial real estate market showed signs of recovery in 2011, credit tightened in the past year for small businesses, according to a National Association of Realtors (NAR) survey. NAR reported that 474 commercial real estate agents credited a lack of capital for soured deals on...

FTC: $860M CRE Acquisition ‘Anticompetitive’

May 28, 2012    

The Federal Trade Commission (FTC) is putting a damper on the U.S.'s largest provider of commercial real estate information services, breaking up what CoStar Group had hoped to be a lucrative combination of its services after acquiring LoopNet for $860 million. Although CoStar and LoopNet...

Global Confidence Spurs Overseas Office Projects

May 3, 2012    

As the international financial crisis that had a significant impact on commercial real estate construction in the United Arab Emirates capital, Abu Dhabi, subsides, some stalled projects are in motion again. The emirates' executive council has announced that, among many notable commercial...

Uptick in NYC Office Market Seen in Large Lease, Fed Report

May 3, 2012    

A U.S. Federal Reserve Beige Book report on the second district of New York (which includes New York City, Westchester and Fairfield counties, Rochester, and other metro areas in upstate New York) showed that commercial real estate markets remained steady in the first quarter of 2012—...

Troubled Retail, Office Mortgages for Sale

May 3, 2012    

In the largest sale of its kind to date, CWCapital Asset Management LLC is offering $345 million of distressed real estate debt, mainly from retail properties and office buildings, to investors. Responding to demand from commercial real estate investors, the firm, which specializes in troubled...