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LOS ANGELES—Amazon is considerably ahead of all other retailers in terms of developing its own delivery network, but third-party logistics companies are the next significant occupiers of this space, C&W's Ben Conwell tells GlobeSt.com in advance of I.CON: Trends and Forecasts.
HOUSTON—Many have an interest to build, live and work closer to the CBD, however, Houston has high construction costs and a skills shortage, which is compounding the vacancy problem.
FORT WORTH—The growth of the West 7th area drove the decision to evolve the identity of the property to better distinguish the restaurants, stores and events, thus attracting more visitors and tenants.
IRVINE, CA—Valuations declined month over month in three of the five major property sectors, providing what Ten-X's Peter Muoio calls “a perfect example of today's variegated commercial real estate landscape.”
OAKBROOK, IL—Shopping-center owners and management companies are expanding their marketing efforts beyond direct mail to expand their websites, social media and other VIP programs, Mid-America's Marget Graham tells GlobeSt.com.
NEW YORK CITY—At Paramount Group she served as a VP of asset management and was responsible for 11 million square feet of property across New York, Washington, DC and San Francisco.
NEW YORK CITY—The German real estate family's purchase multiple is 21.5 times the rent with a capitalization rate of 3.3%, according to Britannia Group's co-founders and managing partners Jacob Rogosnitzky and David Zlotnick, who represented the buyer in the deal.
HUNTINGTON BEACH, CA—Setting up a TIC well in advance of making a 1031-exchange transaction will legitimize it as a business decision rather than merely a means to avoid taxation, helping investors avoid red flags to the IRS, speakers at the IMN Multifamily Forum say.