The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, investment management, and opportunistic endeavors for high-net-worth investors. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.
Rob Murphy, VP of Structured Finance and Capital Markets, Transwestern |
June 21, 2022
The rapid lift-off in rates over a short period of time has caught everyone's attention. For commercial real estate, a higher rate environment can impact commercial real estate loans beyond making them more expensive.
Andrew Matheny, Dallas Research Manager, Transwestern |
May 23, 2022
Dallas has been a star in the recovery of the beleaguered sector, a result of learning some unique lessons from previous bust cycles. Other gateway markets should pay attention.
In this EXCLUSIVE, Heard says Transwestern has no plans to go public in the future because it values the benefits of being a privately held firm and its partners have flourished under the ownership structure.
The Hudson Waterfront and Somerset/I-78 East Corridor weighed heavily on the market, and, as a result, the office sector overall registered its slowest first quarter in more than two decades.
Led by Dallas/Fort Worth, 18 of the 48 major markets surveyed by Transwestern have posted year-over-year positive absorption of greater than one million square feet.
It isn't just retail that is getting a healthcare reboot. Leslie Meril writes about the pros and cons of other asset types in this EXCLUSIVE commentary for GlobeSt.com.
The market failed to accumulate one million square feet of annual net absorption for the first time in five years, and it was the second consecutive year with negative net absorption in the final quarter.
Despite general pricing inflation lately, "the markets do not appear to be suffering from the irrational exuberance that has characterized the end of other expansions,” Transwestern's McNearney says.
LEED certifications are important to environmentally-conscious tenants, but many now ask whether their offices can do more to foster good health among their employees.
Retail locations open a new world of leasing concerns for the healthcare practitioner. But a little knowledge can go a long way to easing the transition, writes Transwestern's 'Licia Shreves in this EXCLUSIVE commentary.
"At some point, failure to renovate will drive patients and tenants to competing providers that offer more modern facilities," warns Transwestern's Brent Barnes in this EXCLUSIVE commentary.
Competition for patients has become more heated across the medical office sector, but as Justin Brasell, VP of healthcare advisory services at Transwestern, sees…
Chad Gunter of Transwestern examines how it can be key to improved financial health for a healthcare provider in this EXCLUSIVE commentary for GlobeSt.com.
Enacted by Congress nearly 40 years ago, “this antiquated double standard is a disincentive to invest that unfairly burdens the property sector,” says Transwestern's Tom McNearney.
“Second-quarter leasing velocity in New Jersey outpaced the first quarter, with new deals making up two-thirds of the transactions,” says Matthew Dolly, Transwestern's New Jersey research director.
Is it time to look at microhospitals? Robert Garcia of Transwestern says the new healthcare alternative merits a look in this EXCLUSIVE column for GlobeSt.com.
CHICAGO—Developers have already looked beyond the Loop to places like Goose Island, and now Condor Partners will establish a foothold on the South Side.
WALNUT CREEK, CA—Millennials won't always stick to their walk-to-work ways. That's good news for mall owners and retailers, says Transwestern's Brian Landes.
WALNUT CREEK, CA—Much of the conversation in healthcare real estate has focused on medical office buildings, hospitals and property management, but what…
HOUSTON—The firm has tapped two top-level brokers here for honors following several leases in the Dallas and Houston CBDs, in addition to transactions at Four Oaks Place and University of Houston.
NEW YORK CITY—"Hospitals and healthcare systems share a common challenge when it comes to including real estate considerations in corporate planning" writes Transwestern's Jay Johnson in this EXCLUSIVE commentary.
HOUSTON—Transwestern's fundraising efforts contributed to granting wishes for Ruth, a 14-year-old girl, and Yasaar, a 14-year-old boy from Houston, with more than $184,000 raised within the span of a year.
PARSIPPANY, NJ—“Leasing in New Jersey's office market this quarter is being driven by retailers and consumer products companies, similar to what we are seeing in the industrial market,” says James Postell, partner and city leader of Transwestern's New Jersey office.
PARSIPPANY, NJ—Because of the high level of leasing activity, industrial rents continue to exceed all-time highs. During the first quarter, rents reached a new peak of $6.98 per square foot – a year-over-year increase of 14 percent.
NEW YORK CITY—How important is a good property manager/tenant relationship in healthcare real estate? Very, says Transwestern's Debra Schooler in this exclusive column.
BOSTON—Joseph Flaherty, the head of JLL's Cambridge team, oversaw a host of transactions, including the build-to-suit lease deal for 240,000 square feet at University Park at MIT.
NEW YORK CITY—The healthcare sector has seen significant regulatory and demographic changes over the last decade. And while those have been well documented,…
Even with solid real estate fundamentals to support them, some of the nation's leading institutional players find themselves trying to predict the unpredictable this year.
BOSTON—A year-end market report by brokerage firm Transwestern states that at the end of 2016, the 20-million-square-foot lab market in Greater Boston sported an availability rate of 5.9%, up from 4.7% six months earlier, and a vacancy rate of just 4.4%.
HOUSTON—In the ever-evolving world of technology, specialization is driving value for tenants, investors and end users across the retail and industrial sectors, in line with evolving consumer needs and business demands.
BOSTON—The industrial market segments—warehouse, manufacturing and flex—are on extended runs of positive absorption. For example, the warehouse market, which posted 147,000 square feet of positive absorption in the fourth quarter of last year, has now seen 18 straight quarters of positive absorption.
HOUSTON—Transwestern was selected out of more than 5,000 national nominees last year for its success in employee wellness initiatives and corporate wellness programs, GlobeSt.com learns in this EXCLUSIVE.
HOUSTON—The nuances of healthcare from the property management side are discussed with Debra Schooler, Transwestern national director of healthcare property management, in this EXCLUSIVE.
CAMBRIDGE, MA—Shire's lease begins in the third quarter of 2018, with occupancy anticipated in the first quarter of 2019. Shire says the firm plans to hire an additional 400 workers in Massachusetts.
MILWAUKEE—Although small, this city has become the international leader of the growing water industry, one of the draws that is bringing in millennials and sparking new development.
NEW YORK CITY—Six industry veterans will receive awards—including a first ever public service commendation—while a promising young real estate professional also will get a nod.
PARSIPPANY, NJ—Allergan's 431,493-square-foot lease at 5 Giralda Farms in Madison, and iCIMS's 350,000-square-foot lease at Bell Works in Holmdel contributed to a drop in vacancy from 15.9% to 15.5%, the lowest level since second-quarter 2010.
BOSTON—Vacancy in Boston's Central Business District remained steady at 9.7%, as positive absorption of 644,000 square feet was balanced by 655,000 square feet of new space delivered at 888 Boylston St. and 80 Guest St.
NEW YORK CITY—In a discussion of market conditions and how to master them, industry professionals from several different disciplines weighed in earlier this week at RealShare New York.
NEW YORK CITY—In anticipation of RealShare New York, four industry executives talk to GlobeSt.com EXCLUSIVELY about measures they've taken to create both innovative tools and techniques for doing business.
WALTHAM, MA—In a deal valued at $14 million, Taurus sold 150 Bear Hill Road, 335 Bear Hill Road and 300 Second Ave. The three buildings located in the suburban Route 128 central corridor total 65,200 square feet of office, laboratory, and research and development space and are nearly fully leased.
CHICAGO—The company recently held a hackathon at its regional headquarters, bringing together software designers, coders and developers to find solutions for CRE firms.
SECAUCUS, NJ—Landlords are taking advantage of the strong market conditions, recovering rents which were discounted considerably during the most recent recession.
NEWTON, MA—Paytronix, a growing provider of reward program solutions to restaurants and retailers, expanded its headquarters here from 12,383 to 33,283 square feet.
NEWARK, NJ—The ports have been investing massively to prepare for the arrival of post-Panamax size vessels that can traverse the newly widened Panama Canal bringing larger shipping volumes into the New York-New Jersey metroplex.
It's hard enough as it is to do business in today's market. Yet for institutions looking to place capital, the only issue is the unknown “X” Factor that could send the industry into a tailspin.
CHICAGO—Company officials say there is a disconnect between the real estate industry and tech community, and they plan to bring them together this weekend.
BOSTON—The Greater Boston lab market, which totals 19.9 million square feet, posted its lowest availability on record at the mid-point of this year at just 4.7%, according to brokerage firm Transwestern | RBJ.
ORANGE COUNTY, CA—The combination of consistent demand, slower development pace and older-property repurposing makes the sharp decline in vacancy possible, Transwestern's David Giglio tells GlobeSt.com in this EXCLUSIVE interview.
PARSIPPANY, NJ—In response to the tightening market, landlords are continuing to add significant amenities and conveniences, which are now considered, in many cases, necessities.
HOUSTON—Along with two development sites for future office towers, the Greenspoint Place campus offers corporate users a class-A mixed-use campus and 30-minute proximity to most sites in Houston.
BOSTON—BCG, in an expansion of its presence in Boston, will shift operations in June 2018 from 146,000 square feet of space at its two Boston buildings— Exchange Place and One Beacon St.
CHICAGO—There's much to celebrate about Chicago's business growth and ability to attract talent. But there are concerns for real estate investment, as Transwestern's Janice Sellis tells GlobeSt.com.
CHICAGO—Statistics show that millennials change jobs far more often than older workers, but Transwestern has put plans in place to keep their younger employees with the company.
WALTHAM, MA—The Lexington, MA-based biopharmaceutical company that is focused on developing transformative immuno-oncology products, signed a lease for 10,323 square feet at the property owned by an affiliate of Rockwood Capital LLC.
PARSIPPANY, NJ—Members of Generation X, those born from 1965 to 1980, “the neglected middle child” in offices that also contain Baby Boomers and Millennials, are more like their Boomer predecessors than the younger Millennials, a recent Transwestern report discovered. Learn more in our exclusive audio interview with Transwestern research director Matt Dolly.
TETERBORO AND NORTHVALE, NJ—The Stro Companies has acquired a multi-tenanted, three-building, industrial/flex portfolio in Teterboro and Northvale totaling 95,000 square feet for $7 million.
CHICAGO—The new office towers won't do too much to upset the current state of the market, since supply and demand will remain closely matched, and demand won't receive a significant boost until the metro area can attract companies new to the region.
CHICAGO—CBD office market fundamentals have reached prerecession levels and it is clear that downtown Chicago is no longer in recovery mode, according to Transwestern.
CHICAGO—Brad Migdal, a site selection expert with Transwestern, tells GlobeSt.com that the recent moves by Allstate and Beam Suntory should motivate Lake County to make it cheaper for millennial workers to live there.
BOSTON—There's not too much real estate brokers and investors can't like about the region's industrial market with each segment—warehouse, flex and manufacturing—enjoying lower vacancies and higher rents.
CHICAGO—The industrial leasing market has now had 18 straight quarters of positive absorption, but the last quarter marked the highest activity since the end of 2013.
CHICAGO—At the start of 2016, good fundamentals, including falling unemployment rates, low interest rates and higher office absorption bode well for commercial property owners, according to a new report from Transwestern.
DALLAS—Transwestern Development Co. is planning a 164-unit luxury multifamily development, to be called The Laurel, at the northeast corner of Preston Road and Northwest Highway in North Dallas.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, investment management, and opportunistic endeavors for high-net-worth investors.
GlobeSt
Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!
Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
Exclusive discounts on ALM and GlobeSt events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.
This comprehensive guide walks you through how to find the right partner to help you mitigate risk, drive ancillary revenue per unit, and improve net operating income.
Better decisions come from better data, insight and coordination. Download this guide for insights on how to optimize the lease administration process and recommendations for best practices to deliver increased ROI across the lease lifecycle.
Discover how to transform your real estate assets from mere spaces into vibrant experiences that captivate tenants -- and their employees -- to support engagement and retention.
Cementing your CRE portfolio’s long-term growth means assembling a great tech stack to support your goals. However, selecting the right solutions takes preparation and research. This guide outlines five areas of consideration to help you find the right fit.
With both personal and property-provided smart devices becoming the norm in renters’ lives, integrating tech support can provide a surprising boost to your property management strategy. Discover how it can help attract renters in the digital age.
Discover sustainable solutions to boost occupancy without relying on rent concessions. Learn how to create diverse communities while maintaining financial stability.
Recognizing the growing impact of real estate experience (REX) in creating better workplace experiences can ultimately contribute to the success of your properties. This eBook is your roadmap to understanding and navigating the exciting, yet complex, terrain of 2024.
See how four commercial real estate (CRE) companies utilize technology to master work order management, unlock property management efficiency, improve tenant satisfaction, and much more. Download your eBook.
Discover strategies to navigate the challenges of the 2024 multifamily market surge. Gain insights from industry experts on accelerating lease-up velocity and stabilizing your new property faster.
Explore the transformative trends reshaping commercial real estate in 2024. From wellness initiatives to data-driven decisions, staying informed and ahead of the curve will become critical to drive continued success in the evolving landscape.
Are you ready for a successful lease-up? From marketing challenges to budget considerations, this guide equips you with proven strategies to execute a seamless lease-up plan.
What factors and states are driving domestic relocators on the east coast? How do these migration patterns impact your CRE strategy and decisions? This white paper analyzes location data in 4 states, and the emerging hubs in each, to shed insight on migration patterns trends shaping the eastern US.