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Suburban Office Park Redevelopment Requires 'Outside the Box' Thinking, Says Rockefeller Group's Machemer

Steve Lubetkin | March 17, 2016

FLORHAM PARK, NJ—Developers trying to revitalize suburban office parks need to be thinking outside the box about their renovation plans if they are to succeed, according to Clark F. Machemer, senior vice president and regional development officer of the Rockefeller Group Development Corp. Machemer is serving this year as president of the New Jersey NAIOP Chapter. In an exclusive podcast interview, Machemer talks about NAIOP regulatory initiatives he says will promote suburban office park and downtown business district development.

Is the Sharing Economy Hurting CRE?

Carrie Rossenfeld | March 17, 2016

SAN DIEGO—From Airbnb to Uber, there's a new competitive element in town, but that doesn't mean the commercial real estate industry can't learn from this newcomer's strengths and still win the game, RAR's Robert Rauch tells GlobeSt.com <b>EXCLUSIVELY</b>.

Opportunities in Mobile-Home-Park Lending

Carrie Rossenfeld | March 17, 2016

DANA POINT, CA—With GE's recent exit from this sector, ostensibly there is room for small-balance lenders to enter the field, but there are caveats, Dekel Capital's Shlomi Ronen tells GlobeSt.com <b>EXCLUSIVELY</b>.

Knapheide Expanding Operations at Hunt Business Center

Brian J. Rogal | March 17, 2016

KANSAS CITY—The center includes SubTropolis, the world's largest underground business complex, and now has ten auto suppliers occupying a total of 122 acres and 500K SF of leased space.

Retail's Rising Tide Lifts Boats Across US

Paul Bubny | March 17, 2016

CALABASAS, CA—Although San Francisco once again tops Marcus & Millichap's National Retail Index, metro areas across the country excel in more specialized indices for investment potential.

Strong Demand from Science and Tech Entities Fuels Leasing

Lisa Brown | March 17, 2016

SOUTH SAN FRANCISCO—Verily, formerly known as Google Life Sciences, has subleased 407,000 rentable square feet from Amgen Inc. at 249/259/269 East Grand Ave.

Multifamily Development Isn't Slowing in DTLA

Kelsi Maree Borland | March 17, 2016

LOS ANGELES—A local developer breaks ground on a 110-unit apartment complex in Downtown Los Angeles, but securing low-cost construction financing wasn't easy to find.

Report Highlights Wage Inequality in Boston

John Jordan | March 17, 2016

BOSTON—A new report commissioned by the city clearly shows that despite low unemployment, Boston is suffering from income inequality that has many families struggling to make ends meet.

With Three High-Rises, Pantzer Properties Focusing Increased Attention on Philadelphia

Steve Lubetkin | March 17, 2016

PHILADELPHIA—Score another point for New York developers who have made the trek down the New Jersey Turnpike to put stakes in the ground in the City of Brotherly Love. New York-based Pantzer Properties has acquired Executive House on City Line Avenue in Philadelphia, PA, which it is renaming The Point at City Line.

Adams Morgan Condo Trades in Sale Leaseback

Erika Morphy | March 17, 2016

WASHINGTON, DC—College Summit has sold a commercial condo in Adams Morgan in a sale leaseback transaction. Walker & Dunlop reports it originated $617 million in student housing loans last year.

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