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Many developers are now looking at designing more cost-effective buildings, being more disciplined as to where they add the bling, but making sure that the amenities and common areas create a socially oriented lifestyle for the residents, Newman Garrison's Kevin Newman tells GlobeSt.com.
KBS Strategic Opportunity REIT buys City Tower for $147 million or $338 per square foot, evidence that asset values are heading up thanks to increased tenant demand and no new construction.
The SoCal chapter's recent trip to Washington DC included meeting with elected officials to discuss priority issues for the commercial real estate industry in California, with creating an effective goods movement system topping the list.
Incorporating WELL concepts into a new facility will provide building occupants with an enhanced experience landlords, tenants and clients with unique advantages, Ware Malcomb's Tiffany English tells GlobeSt.com.