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"Public and private nonresidential construction are continuing to slow or fall below last year's levels," says Ken Simonson at Associatded General Contractors of America.
One of the tools an experienced landlord has at their disposal is the ability to reposition the lease to either create value, or assist a tenant during hard times, explains George Pino, CEO of Commercial Brokers International in this <b>EXCLUSIVE</b> commentary.
“Outside of the metropolitan Washington, D.C. market area, GOV will continue to focus on acquiring, owning and operating office properties that are majority leased to government tenants.”
San Antonio is competitive with its steady residential growth, expanding local economic base and healthy housing market, as well as compressing rates for office and industrial product, says CBRE.
The West LBJ submarket has a higher vacancy rate of 20.1% compared to 17.2% in the adjacent Lower Tollway submarket, creating opportunities for tenants, Stream's Todd Noonan tells GlobeSt.com.
TH Real Estate's Jay Martha says the firm's CASA series of funds combines “multiple value-enhancing investment strategies with income-enhancing, low-cost specialty bond financing.”
Among other things, the firm will design a rooftop deck for Westin Anaheim Resort where guests can enjoy Disneyland and California Adventure park views and nightly fireworks shows.