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LAS VEGAS—In a recent video interview, David Zoba, chairman of global retail leasing at JLL, says that retailers are beginning to question if they can make money at some urban port city locations.
ORLANDO—“The lack of comparable vacant space in the submarket creates an opportunity to supplement the existing cash-flow through the lease-up of the asset's remaining space…”
WASHINGTON, DC—The Treasury Department says that its recently-announced regulations will be corrected "to give effective date relief" for conversions that relate back to a spin-off that occurred before Dec. 7, 2015.
BOSTON—The effort that goes into developing modern concepts for the workplace needs to be allied to lease provisions that can help create an environment that will be attractive to young talent, Holland & Knight's Nadya Makenko writes in this EXCLUSIVE commentary.
WASHINGTON, DC—-Loan growth for the quarter was led by an 11.9% increase in commercial real estate loans, according to the Federal Deposit Insurance Corp.
WARMINSTER, PA—LRS is acquiring 955 Mearns Road in Warminster, PA, a 303,000 square-foot facility with flexible space including office, warehouse, and light fabrication users, from MIM-Hayden Mearns for just over $16 million.