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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—Home to MetLife and soon to Verizon Communications as well, the 42-story 1095 Sixth is one of three remaining Midtown properties in the Equity Office portfolio that Blackstone acquired in 2007.
The following superstars were named as “Legends” in our Women of Influence 20th Anniversary special last year, but that doesn't mean they're out of the picture. In fact, the dozen women below are still very much a part of the commercial real estate scene.
WASHINGTON, DC—Given that just one-quarter of the construction jobs lost during the recession have been recovered, Cassidy Turley sees “a disconnect between what is currently being demanded by the economy in terms of space and what is currently being supplied.”
NEW YORK CITY—The IPO could eclipse Douglas Emmett's 2006 offering among US real estate trusts and would be the second largest among domestic firms in commercial real estate
WASHINGTON, DC—“I don't see any point in the next three to five years where we're going to have negative absorption” even in the face of continued development, NAIOP's Thomas J. Bisacquino tells GlobeSt.com in this <b>EXCLUSIVE</b> interview.
CALABASAS, CA—Geopolitical uncertainty that continues as the summer winds down underscores the continued safety of CRE for investors both domestic and foreign, observes MMI's Hessam Nadji.
ARLINGTON, VA—Shortages of labor “threaten to impact construction schedules as firms struggle to find enough qualified workers,” says Ken Simonson, the association's chief economist
WASHINGTON, DC—With demand for rentals continuing to show strength, “rent growth will outpace broad consumer inflation in upcoming years,” says Lawrence Yun, chief economist with the National Association of Realtors.
MIAMI—Burger King will remain headquartered in Miami, its home since 1954, but the new parent company for the burger chain and donut maker Tim Hortons will be based in Canada.
MIAMI—A key factor in discussions between the two quick-service chains is Burger King's ability to leverage its development experience in order to expand Tim Hortons' global footprint.