Globest Sectors

Forecasts for commercial real estate prices in 2020 and 2021 are expected to fall below the long-term average growth rate for the first time since 2011.

With the additional guidance provided with these new regulations, I expect to see a significant uptick of investments in those and other areas in South Florida, including Coral Gables, Allapattah, and up the coast into Fort Lauderdale and Hollywood.

Mack-Cali calls the Bow Street proposal "grossly inadequate, illusory, unworkable," while Bow Street managing partner Akiva Katz says Mack-Cali is "clearly undervalued, but we don't think the undervaluation can be resolved in its current structure."

“Times are changing, and the modern professional values access to an alternative workspace, ideally with a coffee shop component, and great WiFi that's close to home," Pestronk says.

Several major West Coast markets landed on Compound's list of the Worst Cities for housing investment, based on performance last year.

GlobeSt.com <b>EXCLUSIVELY</b> caught up with Ron Goldstone, EVP of Farbman Group, in preparation for the upcoming ICSC RECon Convention in Las Vegas. According to Goldstone, he is as busy as ever and expects to be going forward.

The properties had the same owner since the 1970s, and represented an opportunity to upgrade units while rebranding the assets as one property, says Berkadia's Parker Stewart.

An vehicle auction company snags 51 flat acres in Otay Mesa, the latest in the development frenzy in the market.