Lisa Brown

About The Author

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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  • Seattle

    Industrial Properties Become Strategic Assets

    September 18, 2018

    Institutional organizations, in particular, are increasingly investing in the Seattle area as the demand for last mile and centrally located properties pushes rents to record levels, such as the recently sold 3002 Lind Ave. SW.

  • Austin

    Affordable Housing Reaches Crisis Levels in Austin

    September 17, 2018

    According to Austin’s Strategic Housing Blueprint, the city will need 60,000 new housing units for low-income families, plus another 75,000 market-rate units to meet its housing needs in the next decade.

  • San Francisco

    Multifamily Portfolio Gets Financing Jolt

    September 17, 2018

    A 12-property 455-unit multifamily portfolio with 13 ground-floor retail suites just received $113.5 million via a six-year (including extension options) floating-rate loan through an affiliate of Walton Street Capital.

  • Seattle

    Seattle Multifamily Maintains 95%+ Occupancy

    September 14, 2018

    Properties such as The James have recorded near double digit year-over-year rent growth due to the large disparity between rents in downtown and suburbs as renters desire higher-quality units near jobs.

  • National

    Logistics Users Clamor for 36-Foot Clear Heights

    September 14, 2018

    Throughout Napa/Solano, the available inventory is mainly older industrial buildings that do not meet e-commerce tenant demand such as clear heights of more than 30 feet, but Dermody’s center will be 36 feet.

  • Dallas/Fort Worth

    No Stopping Allen Growth

    September 13, 2018

    Construction in general is booming in Allen, as it is across North Texas, with numerous residential, retail and office projects underway in Allen and Collin County, including the Collin College Technical Campus.

  • San Francisco

    Class-A Space Goes for $1,565/SF

    September 13, 2018

    McCarthy Cook recently acquired Dropbox-anchored Castro Station, a three-building class-A office campus totaling 114,809 square feet in downtown for $179.7 million or $1,565 per square foot.

  • Portland, OR

    Silicon Forest Nabs Tech and Residents

    September 13, 2018

    Since 2013, improving economic conditions in the housing market area have led to increased net in-migration, averaging 24,800 people annually, and the Beaverton-Hillsboro submarket comprises 28% of the total.

  • Houston

    Multifamily Deliveries Ramp Up After Harvey

    September 12, 2018

    With a slowdown in apartment deliveries during the last year as part of the recovery from Hurricane Harvey, average occupancy rate elevated amid sustained rental demand as of the second quarter.

  • Seattle

    Demand Remains High for Bellevue Office

    September 12, 2018

    In the first half of the year, Skanska purchased a 77,000 square-foot land parcel at the corner of 108th Avenue NE and NE 8th Street in downtown Bellevue with plans to develop a class-A office property.

  • San Francisco

    Location is Vital for Healthcare Assets

    September 12, 2018

    Hospitals and medical providers seek to place offices in neighborhoods and suburban areas, closer to where people live and work, in order to reduce costs and appeal to patients seeking medical care.

  • San Francisco

    Affordable Units Soon to Quadruple

    September 11, 2018

    A mixed-use development will have the first substantial slate of affordable units to be delivered within the downtown precise plan and quadruple the number of affordable units completed under the plan to date.

  • National

    Can CRE Communication be Streamlined?

    September 10, 2018

    The communication process can lead to longer timelines and reduced outputs, ultimately driving real estate prices up and limiting global economic growth, but Openland recently launched a CRE messenger for this need.

  • Seattle

    Blockchain Still Raises Eyebrows of Skepticism

    September 10, 2018

    However, there are two reasons why tokenization is worth the trouble: liquidity and fractional ownership, both of which present opportunities to reduce costs and friction in the investment process.

  • National

    Office Construction Dip May Cause Heartburn

    September 07, 2018

    San Francisco office space continues to dwindle, and the area may face a shortage of available office space between now and 2022 when the next major office project will be completed.

  • Seattle

    Y-O-Y Condo Sales Result in Low Inventory

    September 07, 2018

    Considered one of the strongest housing markets in the country, Seattle has recorded unprecedented gains in the condo market with increasing median sale prices and low inventory.

  • Houston

    North Cypress Med Center Nets IRR of 17%

    September 06, 2018

    The $148 million sale resulted in an approximate $100 million gain for Medical Properties Trust which plans to use proceeds to make additional investments in US hospital real estate and elsewhere.

  • National

    Retail Exhibits Resiliency to Bounce Back

    September 06, 2018

    Successful malls will be those that transform beyond shopping into social town centers, places where people go to eat, meet friends, be entertained, relax or experience an array of other services, says QIC.

  • Houston

    Tunnels Emerge in New Destination Design

    September 05, 2018

    One of the most unique parts about the Understory space is the merging of the street and tunnel levels–that’s something that hasn’t been previously done as entries were not directly accessible from the street level.

  • National

    Expectations for Office Connectivity Skyrocket

    September 05, 2018

    As office space shrinks, the tech performance of the space becomes more important, i.e., dedicated Internet access, connectivity to private cloud networks and secure connection to offshore centers.

  • Secondary Markets and 55+ Are Ripe for Development

    September 04, 2018

    In this EXCLUSIVE, Will Mathews of Colliers shares his insights into investor interest in secondary markets and Baby Boomers craving more market-rate active adult communities, which to this point, are rare.

  • Seattle

    Coworking Space May Triple From Current Share

    September 04, 2018

    Another 3 million square feet of new space has opened in the first half of 2018 with markets such as Seattle, which has more than 1 million square feet of coworking space, says a Cushman & Wakefield report.

  • Seattle

    Amazon is Ahead of the Green Game by Miles

    August 31, 2018

    Amazon’s sustainability team includes seven expert groups: energy and environment, packaging, social responsibility, sustainability services, science and innovation, transportation and technology.

  • National

    Demand for Flexibility is Not Going Anywhere

    August 31, 2018

    More than 5 million square feet of new space becoming available in each of the past three years and another 3 million square feet of new space has opened in the first half of 2018, says Cushman & Wakefield.

  • Houston

    Tenants and Investors Rev Up Industrial Takedowns

    August 30, 2018

    Houston industrial remains strong, both from the perspective of tenants and institutional investors, driven by job and population growth, as well as a stabilizing oil and gas sector and related industries.

  • Seattle

    The Spheres By The Numbers

    August 30, 2018

    More than 620 tons of steel were used, enough to build the Space Needle three times, in the Spheres’ construction, with a design that includes no enclosed offices, conference spaces or desks.

  • San Francisco

    Council Thinks Outside the Course for Cure

    August 30, 2018

    Northern California Real Estate and Construction Council’s annual Bike to Hope capitalizes on the plethora of commercial real estate types who are avid bicyclists to raise money for life-threatening diseases.

  • Portland, OR

    Cranes Mark More Net Migration

    August 29, 2018

    It is no wonder that Portland is attracting better-educated talent and is unique in its ability to bring in young, skilled households, ranking above higher-paying metros with a major research university.

  • Seattle

    JV Purchases Mixed-Use Residential Building

    August 28, 2018

    With the acquisition of Modera, RISE now owns a total of 12 assets in the Puget Sound area, and plans to make technology upgrades and transition Modera property management to Thrive Communities.

  • Austin

    Lone Star Industrial Boom Propels Portfolio Sale

    August 27, 2018

    The state’s population growth and geographic advantages of being in the center of the Sunbelt and sharing a border with Mexico make it an obvious location for distribution networks and investor interest as a result.

  • San Francisco

    Splunk Plunks Down Another Santana Lease

    August 27, 2018

    Splunk Inc. signed a long-term lease for 301,000 square feet of office area in Federal Realty Investment Trust's 700 Santana Row, a 319,000-square-foot class-A mixed-use office and retail building in San Jose.

  • National

    Internet-Resistant Tenants Rule Retail

    August 27, 2018

    Neighborhood centers anchors are traditional daily-needs retailers such as grocery, drug and dollar stores, as well as service tenants that are more Internet-resistant, GlobeSt.com learns in this EXCLUSIVE.

  • National

    DFW is a Millennial Money Magnet

    August 26, 2018

    The low cost of living, and ability to attract and retain the Millennial workforce, and diverse industry types are a major driver for Texas Millennials in finding opportunities that best suit their skillsets.

  • National

    Keyless Entry Goes Beyond Hotels

    August 24, 2018

    The multifamily industry has been much slower to adopt this technology, reluctant to make the investment when predicting the ROI is challenging, but this is starting to change in new construction.

  • Dallas/Fort Worth

    Center Looks to Plug Retail Gap

    August 23, 2018

    Kaufman County has grown exponentially during the last few years but residents of Kaufman and Van Zandt counties have very limited options for retail brick and mortar, which is about to change with the Crossroads.

  • San Francisco

    Million-Plus Pads Still Fare Well

    August 23, 2018

    Sales of homes priced in the $1 million to $3 million range continue to surge and one such development, Mira, will be located in the Transbay neighborhood with access to the new Salesforce Transit Center.

  • Portland, OR

    Graduate Hotels Grab Land Near Universities

    August 23, 2018

    Graduate is a curated collection of hotels that reside in some of the most well-known university towns across the country, such as the latest at the University of Oregon, backed by AJ Capital Partners.

  • National

    Alternative Tenants Invigorate Retail

    August 22, 2018

    Approximately 43% of employed Americans say they spend at least some time working remotely and there’s no signs of that slowing as the traditional 9-to-5 five-day work week morphs into work-life integration.

  • Portland, OR

    Self Storage in Line with Demographic Forces

    August 22, 2018

    The retirement and downsizing of Baby Boomers coupled with the continued emergence of Millennials will support the need for self-storage space in the coming years, providing a positive long-term tailwind.

  • San Francisco

    Canna-Business Gets Contact High

    August 22, 2018

    While the laws and regulations surrounding this specialty are new to the CRE industry, many leases and sales already in the books, such as the first cannabis hedge fund to be located at 330 Fell St.

  • Austin

    Growing Population Drives Healthcare Demand

    August 21, 2018

    Due to a strong healthcare infrastructure and fast-growing population, MedProperties Realty Advisors has strengthened its commitment to the Austin market by investing in three medical office buildings.

  • Seattle

    Airports Increasingly Look to Smart Glass

    August 21, 2018

    Even with moderate outdoor temperatures, infrared imaging shows dynamic glass reduces surface temperatures by 10 to 15 degrees on seats, carpets, passenger clothing and skin.

  • Seattle

    Seattle Props Up Open for Business Sign

    August 17, 2018

    The Summit, located just one block north of the existing Arch building in the heart of downtown, will double the footprint of the convention center when it opens for business in 2022.

  • San Francisco

    Transit Phase Two Includes Trains

    August 17, 2018

    Phase one connects buses from AC Transit and WestCAT to/from the East Bay, and Greyhound and Amtrak Thruway buses with Muni service while phase two would bring in Caltrain and high-speed rail.

  • National

    Coworking Slowly Gains Foothold

    August 16, 2018

    While serviced offices have been around for decades, the term coworking has become a buzzword during the last 10 years with very little metro level data available yet to track historically, says NAI Partners.

  • National

    CBRE Acquires Peloton Operations

    August 16, 2018

    In 2017, CBRE and Peloton’s San Antonio combined operations involved $681 million of sales and leasing transactions and it currently manages and/or leases more than 20 million square feet.

  • San Francisco

    Transit Construction Stats are Staggering

    August 16, 2018

    More than 640,000 cubic yards were excavated and 92,000 cubic yards of concrete were recycled from the old terminal, enough to fill 28 Olympic-size swimming pools, according to the JV construction team.

  • San Francisco

    Bay Area Companies Fuel Seattle's Growth

    August 16, 2018

    With a rate of 63.1%, Seattle has the most educated workforce in North America of residents older than 25 holding a bachelor’s degree or higher and ranks second for tech talent only behind the Bay Area.

  • National

    WeWork in CMBS is a Hot Investor Topic

    August 15, 2018

    WeWork has emerged as the clear front runner in coworking and is also a top tenant in some of the largest loans securitized in CMBS deals, according to Kroll Bond Rating Agency.

  • National

    Park is the Top Icing Layer of Transit Center

    August 14, 2018

    The park will be a significant teaching tool with extensive labeling of the more than 600 trees and plants within 12 smaller gardens keyed to a variety of plant life and environmental conditions.

  • Seattle

    Tech and Med Tenants Flock to South Lake Union

    August 14, 2018

    The value of a multi-tenant office asset, $58.75 million, created significant bidding depth and a lease for the remaining vacancy was negotiated with WeWork during the marketing process, bringing the tenancy to 100%.

  • National

    Austin Has More Tech Jobs Than Tech Grads

    August 13, 2018

    Austin moved up two spots to number six on CBRE’s Tech Talent Scorecard, part of its Tech Talent Report, which ranks 50 US and Canadian markets according to the ability to attract and grow tech talent.

  • San Francisco

    Co-Working Rebrand Focuses on Tech/Energy

    August 13, 2018

    The newly christened McClellan Innovation Center, an 8,000-square-foot office, can accommodate up to 100 guests per day with flexible temporary or long-term desk leasing for individuals and companies.

  • National

    Hotel Investor Looks to Expand West Portfolio

    August 13, 2018

    The Dow Hotel Company plans to further expand its portfolio of hotels in markets with barriers to new entry and demand drivers such as in Seattle at a time when dozens of new hotels have opened in the past few years.

  • Houston

    Repairs Get Second Chance for Harvey Grants

    August 12, 2018

    Relief demands are worse a year later, due to the end of emergency assistance resources such as the hotel voucher program and emergency trailers, and while grants have resumed, more funds are needed.

  • National

    Tech Workers Call the Shots for Space

    August 10, 2018

    With the unemployment rate at 4%, many companies are taking a cold hard look at just what employees, especially the decision-driving Millennials, want in office spaces.

  • National

    US Economic Changes Could Affect Crowdfunding

    August 09, 2018

    The United States will play an important role in the growth of crowdfunding, estimated to be approximately 30%, followed by Asia-Pacific, especially China, occupying more market share in the future.

  • Not National

    Chase Center Works Against the Buzzer

    August 09, 2018

    The Chase Center is a 18,064-seat sports and entertainment arena set to open in fall 2019 in time for the first tip-off of the 2019-2020 NBA season, and will anchor an 11-acre mixed-use complex in Mission Bay.

  • National

    Adaptive Reuse Becomes Key Product Category

    August 08, 2018

    In this EXCLUSIVE, CCIM’s Conway discusses assessing communities’ needs for reuse especially in areas with land scarcity in conjunction with his report, “Adaptive Reuse: Turning Blight into Bright”.

  • San Francisco

    Large Block Tech Space is Scarce in San Mateo

    August 08, 2018

    Such is the demand among large tenants for space—especially close to Caltrain or BART—that Bay Meadows developers revised plans for the last two buildings to add 167,000 square feet to the initial 200,000 total.

  • National

    Seattle Renters Take the Biggest Wallet Hits

    August 08, 2018

    The local job market and Seattle’s appeal to Millennials are the two pillars that will continue to support the extraordinary demand for rental housing in one of the most active US multifamily markets.

  • Not National

    Downtown Fort Worth Office Courts Suitors

    August 07, 2018

    The downtown Fort Worth market is strong and now that the Petroleum Building is part of Sundance Square’s portfolio, the demand for this property will also be high, given that no new construction began in Q2.

  • Not National

    Silicon Valley Retail Space is Aging Out

    August 07, 2018

    Market Park San Jose, the $2.5 billion 120-acre mixed-use development, is rapidly taking shape to fill the retail void and will be the largest transit-oriented development in Silicon Valley when completed.

  • National

    Residents Flock to Urban Areas But Supply Lags

    August 07, 2018

    Seattle’s tech boom shows no signs of slowing down, with companies buying entire blocks of space amid very low cap rates, yet housing is not keeping up with demand, says H. Pike Oliver of Urbanexus.

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