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“Commercial real estate investors are assuming the US economy will continue to slowly and steadily expand in coming quarters,” says Peter Muoio at Ten-X.
Westfield's new 23-story, upscale residential tower in UTC will help alleviate some of the region's housing shortage while providing a host of luxury amenities.
Traditionally a “buttoned-down” industry, CRE is shifting to a more relaxed corporate look that mirrors Millennial and tech clients, RETS Associates' Kent Elliott tells GlobeSt.com.
The fracking, or sharing economy, conversation is powerful because it looks at how to unlock the value in all the underutilized or dark time in real estate, MIT's Steve Weikal tells GlobeSt.com in this IREM Global Summit preview.
CoStar assessed the potential impact Harvey may have on the Houston real estate market–multifamily, office, retail and industrial buildings–and found that 27% of the gross leasable area may be flooded.
When Harbor Group acquired the portfolio, it anticipated continued strong fundamentals in Dallas and the ability to grow rents through an effective value-add program, an investment thesis that played out well.
Third Point LLC has signed a 10-year lease for 75,064 square feet on the top three floors of the 51-story 1.3 million-square-foot office tower currently under construction on Eleventh Avenue between 34th and 35th streets.