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Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
NEW YORK CITY-The property’s close proximity to public transportation helped bring in the sale at a 5.2% cap rate, says Massey Knakal’s Sarath.
NEW YORK CITY-Having gotten past cost-cutting survival mode, office users now snap up good deals while they’re still available, says Colliers’ Andrew Roos.
CORAL GABLES, FL-Opportunities for acquisition figure prominently in the 2011 plans for CNL Financial and Flagler, said top executives from both companies Friday.