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The MCCIII complex, which includes four interconnected buildings on 27-acres, is 62-percent leased to four occupants, including global credit tenants TEVA Pharmaceuticals and Ogilvy CommonHealth Worldwide.
Yet pricing movement has ranged from minus 1% to positive 8% year over year, depending on which index is consulted, say analysts with Keefe, Bruyette & Woods.
Joseph Ori of Paramount Capital talks about the decline in retail REIT valuations and the arbitrage profit from the valuation pendulum swinging too far to the negative side in this <b>EXCLUSIVE</b> commentary on the subject.
As tenants look to expand or relocate and seek a better cost alternative, they're looking outside the CBD for environments with strong internal and external amenities, Westcore's Rob Sistek tells GlobeSt.com.
Spaces Levi's Plaza, which opened earlier this week, offers professionals a 32,000-square-foot business hub built around the concept of shared ideas, entrepreneurialism and innovation.
The financing needs to be structured in a manner that gives the lender all of its normal underwriting sizing guidelines, while also providing the operator the flexibility to execute its business plan, MetroGroup's Scott Botsford tells GlobeSt.com.
As it does the market must get ready for a “new normal” of changed renter demographics, according to a report by the Joint Center for Housing Studies of Harvard University.