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Space used to be a place to work; now, it's a true representation of brand, culture, recruitment and vision for the future of an organization instead of simply satisfying the needs of today, Tangram's Stephanie Dickson tells GlobeSt.com.
Right now there are about 3.3 million square feet of last mile facilities that are within 20 miles of Logan Circle and only 11% within ten miles of that destination.
Traditional lenders used to make up the bulk of CRE lending, but now alternative lenders are viewed as a viable lending source, often backed by institutions, Money360's Gary Bechtel tells attendees at RealShare San Diego's capital-markets session.
Submarkets such as East Cambridge may command the widest rent premiums, but there are opportunities for office landlords in adjacent neighborhoods as tech firms expand, says CBRE.
The average sales price per square foot continues its march towards triple digits at $81.66 per square foot for the quarter, an increase of $26.66 per square foot from last year's third quarter number.
A $288.8 million construction loan was recently obtained for MIRO, a pair of 28-story luxury apartment towers comprising more than 600 residences and 20,000 square feet of retail and commercial space in San Jose, due for completion in 2020.
The veteran of four decades in the banking business leads Capital One's commercial real estate activities, including financial services to the development and investment activity.
A confluence of factors came together for a requirement–the right type of building, neighborhood amenities, DART access and modern space to create an optimal environment for employees.