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Commercial Property
Neiman Marcus building on Chicago’s Magnificent Mile sold
Neiman Marcus' home since 1983, the four-story building went up for sale last fall, with some observers wondering if a developer would buy the property and clear it for a high-rise project. But Silvestri, a mall investor, is not a…
Commercial Property Insurance Market Size, Outlook and Forecast
New Jersey, United States – the commercial property insurance market The research report offers complete coverage of the Commercial Property Insurance Market during the forecast period 2022-2029. It provides historical, current and future…
Has COVID changed the rental percentage for good?
The catastrophic economic impacts of recurring COVID-19 closures have left retail stores in dire straits, which in turn has put their owners in a bind. As office landlords offered rent concessions and postponed…
Two blocks evacuated as fire at commercial property ignites Friday morning
BIRMINGHAM, Ala. (WBRC) - The fire started just before midday on Friday April 22 and Birmingham Fire is still working to determine the cause of the fire. Crews were dispatched at 11:51 a.m. and were immediately told that chemicals were…
Lewiston will hold a public investment forum in the city
LEWISTON — The city will host a public forum titled “Building the Lewiston Investment Case” on Wednesday, April 27, from 5:30 p.m. to 7 p.m., in Callahan Hall at the Lewiston Public Library, 200 Lisbon St.
The forum is aimed at existing…
Rebound in office investment generates $6.5 billion in commercial real estate transactions
ASX-listed Dexus' decision to take a two-thirds stake in the Atlassian office building in central Sydney, which is expected to be worth up to $1.8 billion and trade on a yield below 4% at completion, boosted office investment in the…
There are enough vacancies to house both refugees and homeless people
Ukrainian children will be going to school from tents and warehouses in the coming weeks. Large arenas at Millstreet, Co Cork, and tents for 320 people at Gormanston Camp in Meath are being prepared.It is unacceptable that refugees,…
How IGC is making commercial real estate greener
Inland Green Capital LLC
2901 Butterfield Road, Oak Brook, IL 60523
(630) 586-6058
Website: www.inlandgreencapital.com
Industry: Clean Energy Financing Assessed by Commercial Ownership!-->!-->!-->…
Roanoke County Mixed-Use Proposal Pending, Plan Amending | Government and politics
The Roanoke County Planning Commission's review of a proposed mixed-use development on Edgebrook Road is now on hold.The issue was on the committee's agenda on Tuesday, but after a contentious community meeting last month…
Keep calm and enjoy the ride as the tide rises
April 2 - On April 6, 2021, "Saturday Night Live" ran a racy fake ad for Zillow, the website that allows users to anonymously search for information - including estimated market values - for almost any home in the United States. United.It…
SHVO Selects Foster + Partners for $250M Transamerica Pyramid Review
Transamerica Pyramid, San Francisco. Photo courtesy of DBOX
San Francisco's second-tallest building gets a $250 million makeover. As first reported by the San Francisco Chronicle, developer SHVO appointed an international architectural…
Conversion of commercial property into residential units has accelerated in the Covid years in South…
The conversion of commercial space into residential units is nothing new in the South African property sector. It's a trend that started long before Covid-19, but has accelerated dramatically in the past two years. The lockdown has forced…
177 Bush Hill Road in Hudson, New Hampshire: Nearby Wow
NASHUA, NH — View this new listing nearby. wow! Address: 177 Bush Hill Road, Hudson, NH Price: $950,000 Square feet: 2497 Bedrooms: 3 Bathrooms: 1.75 Listing Description: Excellent residential and commercial opportunity if you are looking…
Property tax due: Chandigarh MC sends notices to 30,000 defaulters
With a week to go until the end of the fiscal year, the Municipality of Chandigarh has launched a crackdown on property tax defaulters in the city.No less than 30,000 notices were issued to offenders, who had two weeks to settle their…
City Council received information on stormwater fees | News, Sports, Jobs
LOCK HAVEN - Lock Haven City Council continues to seek funding resources to repair its aging stormwater management infrastructure.
At a previous meeting, while…
Real Estate Review: Lower Heights Adds New Tenants | Immovable
Phase 2 of a mixed-use and commercial development in the Heights area continues to add new tenants for…
7 more hotels file lawsuits to recover pandemic-related losses, but success unlikely
Each lawsuit claims that “the pandemic has had an unprecedented and catastrophic effect on properties and business operations, causing millions of dollars in losses.
The Pearl claims no less than 3 million dollars.
The hotel's attorney,…
$40 million grant program would help inner-city recover from remote shift
AAs businesses take varied approaches to in-person and remote working, commercial real estate experts generally agree that office square footage requirements will likely decrease with the adoption of more hybrid workspaces.
To address the…
Oligarch or not, Aspen’s new investor has Russian ties
Russian billionaire Vladislav Doronin looks on before a fashion show at Barvikha Luxury Village outside Moscow, Russia, Monday, March 9, 2009. (AP Photo/Alexander Zemlianichenko)!-->…
Cuyahoga County property value complaints due before March 31
CLEVELAND, Ohio — Cuyahoga County property owners still have three weeks to challenge their property assessments for the 2021 tax year.All complaints must be filed with the Review Committee – or postmarked – by 4:30 p.m. on March…
Various properties seek to rezone for life science uses | Burlington
BURLINGTON — Three different commercial property owners in Burlington are looking to jump into the life…
Hot Properties March 7, 2022 > Charleston Business Journal
Hot Properties highlights recently sold or leased commercial properties in the Charleston area. Send your transactions via our online form.
Jenna Philipp of Palmetto Commercial Properties LLC represented the seller in the sale of 5,240…
New project plans to tackle degraded areas in North Baton Rouge
BATON ROUGE, La. (WAFB) — For years, landlords complained that empty lots were becoming dumping grounds. A new plan should change that.Iris Washington has lived on Hollywood Street for about 23 years. She takes pride in taking care of her…
Business News | Stock and Equity Market News | Financial news
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Converting commercial spaces into apartments is not as easy as it seems
With the local commercial office market reporting some of the highest vacancies in Australia, residential vacancy rates remaining low and future residential supply limited due to costs and other issues, many are beginning to wonder why…
Atlanta-based real estate firm buys mall near Hamilton Place Mall
Stockbridge, an Atlanta-based real estate investment management firm, has acquired most of the Village at Waterside mall near Hamilton Place Mall for $50.8 million as part of half a dozen properties that the company…
IKEA opens the first shopping center and the first IKEA store in the UK
A general view of the IKEA-owned Livat shopping center in Hammersmith, London, Britain, February 2022. James King/Handout via REUTERS Join now for FREE unlimited access to Reuters.comRegisterSTOCKHOLM, Feb 24 (Reuters) - IKEA said on…
[+] Rising inflation is not bad news for the real estate sector
Higher inflation figures should help support the commercial real estate sector, with demand from local and foreign investors likely to continue pushing up asset prices. Although construction costs also increase with inflation, this can…
The next affordable city is already too expensive
Mr. Silbar, the real estate agent, has sold it twice in the past three years. The first time, in November 2019, he represented a buyer who offered $168,000 and got it with no drama. This year it came back on the market and Mr. Silbar…
Steeplegate Mall tells all interior stores to leave to prepare for ‘exciting potential…
Something new is happening inside the Steeplegate Mall, which explains the confusion over whether Hatbox Theater was going to be evicted.It turns out the eight-year-old theater and a few other businesses can stay, but five other tenants…
Lancelot Hill Antiques, the landmark of Bowral, is a hit with potential buyers ahead of auction
Bowral's historic landmark and tourist attraction, Lancelot Hill Antiques, is proving to be hot property, with 15 contracts issued and several bids received ahead of the February 24 auction.With such interest in the business opportunity,…
Simply Sold offers a great simple solution for owners selling their properties
The company buys houses, condos, multi-tenant buildings, duplexes, townhouses and commercial properties.
Simply Sold allows homeowners to sell their home and get a fair cash offer on their home without having to make repairs or pay a…
Enovateq doubles space at Moorfield’s Aberdeen Innovation Park
Enovateq doubles space at Moorfield's Aberdeen Innovation Park
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The council has borrowed £600million to invest in 15 commercial properties since 2017
WARRINGTON Borough Council has borrowed over £600m to buy 15 retail investment properties since 2017.
A report on the rationale and rationale for using the annuity method to calculate the Minimum Revenue Provision…
project strengthens Santee’s “growth environment” |
SANTEE - Santee City Council has given first reading approval to an ordinance to amend its official zoning…
Business is booming, according to a Luton-based commercial property company
It's a booming time for business sitesA family business based in Luton says demand for commercial properties in the town has reached an all time high.SR Wood & Son has been so successful in selling commercial real estate on behalf of…
Wells Fargo India branch renews lease on two commercial buildings in Bangalore
The Indian branch of Wells Fargo, America's leading financial service, has renewed its lease for two retail properties in Bangalore totaling more than 8.47 lakh square feet in the country's largest office lease deal to date. in 2022.
The…
Gallagher headquarters in suburban Chicago sold to New York investor
At around $50 a square foot, the selling price is a fraction of the roughly $84 million Piedmont (then known as Wells REIT) paid for the property in a sale-leaseback deal it struck. in 2006 with Gallagher, according to research firm Real…
PGGM and Charter Hall make $1.3 billion bid for Irongate Group
“The Memorandum of Understanding … outlines a proposal under which 360 Capital will acquire certain assets of IAP's portfolio, IAP's fund management business and IAP's co-investment interest in the ITAP fund. "Irongate said in a…
New Mexico title insurance and escrow services video launched.
Curry County Abstract & Title Co. released a new video titled "Curry County Abstract & Title Co. Shows the Benefits of Having Title Insurance." It is mainly aimed at individuals interested in acquiring real estate who wish to make…
Loop, Wacker Drive office towers for sale
It's also well below the $120 million that the current owner - a company run by Kinship Capital, the entity that manages the multi-billion dollar investment portfolio of the descendants of pharmaceutical mogul Gideon D. Searle - has wanted…
Lake County News, CA – Supervisors consider allowing sale of tax defaulting property
LAKE COUNTY, Calif. — The Board of Supervisors will consider approving the sale of more than 900 tax-defaulted properties across the county this week.The board will meet from at 9 am. Tuesday, Jan. 25, in council chambers on…
Lavish Build to rent gold rush raises fears for social housing | Commercial property
Ja Keel, a converted former HMRC office building overlooking Liverpool's waterfront, is touted as the solution to boring, impersonal rental accommodation. Tenants in the 240 new apartment block can simulate a sunny glow on video calls by…
What’s Next for Oakland A’s Ballpark Proposal?
OAKLAND — The A's proposal to build a 35,000-seat baseball stadium and real estate development along the city's waterfront hit a hurdle this week after the city's planning commission approved the report. environmental impact, voting to…
Geauga Lake will house a new subdivision
The former amusement park site will soon have a second life thanks to Solon's Industrial Commercial Properties.…
The office’s future looks secure after £10m. Sales
St George's Place was not on the market before being sold for almost £7million.No 1 The Plaza, part of Admiral Park, has been sold by Watts Property Consultants.Bordage House, purchased on behalf of a client by Savills.Bordage House on Le…
Short-term rentals on the table for Colorado lawmakers
As mountain towns across the state grapple with how to regulate short-term rentals, the Colorado legislature is exploring several avenues to legislate the issue statewide.
The annual legislative session began on…
The real estate industry denounces the “radical measure” to extend the protection of commercial…
The real estate industry has hit back at the extension of protections for commercial tenants in NSW during the Omicron outbreak, warning that the intervention threatens the state's ability to attract investors and hurts owners.On Thursday,…
China commercial paper delinquencies rise as real estate developers struggle
Apartments under construction are photographed from a building at sunset in the Shekou area of Shenzhen, Guangdong province, China on November 7, 2021. REUTERS / David KirtonRegister now for FREE and unlimited access to…
Lincoln Co. Considering Options for Wind Turbine Revenue | News, Sports, Jobs
Independent file photo The wind turbines can be seen from Highway 19 just outside Ivanhoe in October 2019.
IVANHOE - Lincoln County officials have…
5 Best Real Estate Agents in Portland, OR
Below is a list of the top and leading real estate agents in Portland. To help you find the best real estate agents located near you in Portland, we've compiled our own list based on this list of valuation points.
Portland's Best Real!-->!-->…
Digital olfaction brings fragrance systems into the 21st century
Movie theaters don't really smell of popcorn. The smell of the new car at the dealership is not real. The office bathroom wasn't just cleaned. Every space is designed to smell that with commercial scent…
Raleigh is the third largest housing market for 2022, according to Zillow
Raleigh has sounded into the new year with a new annual ranking by Zillow as the third hottest real estate market in the United States as the Triangle continues to remain a top spot for real estate nationwide. Zillow ranked…
Year in review: Another real estate sales boom in Aspen with over $ 4 billion sold in 2021
The dollar volume of residential and overall real estate sales in Pitkin County continued to innovate in 2021, but the groundbreaking construction of a home will be a different story in 2022.
Pitkin County property…
Top LA Real Estate Scenarios for 2021 – Business Observer
It has been a bizarre year to say the least for commercial real estate in Los Angeles.
It was all fun and entertaining for everyone in the studio industry, who saw record demand from tenants and investors, while the e-commerce industry…
AAA Garage Door Pros offers an emergency garage door
Hamilton, December 27, 2021 (GLOBE NEWSWIRE) - AAA Garage Door Pros provides the best garage door repair services Brisbane Northside has to offer. According to the Australian Bureau of Statistics, from April 2020 to April 2021, the…
Over $ 300 million committed to keep the Atlanta BeltLine Trail corridor on schedule
Atlanta BeltLine, Inc. (ABI), Atlanta BeltLine Partnership (ABP) and their partners have reached a major funding milestone that keeps Atlanta's most ambitious development project on schedule to complete the entire trail corridor by the end…
Chaz Guinn of Revolve Capital Group Delivers Moving Keynote Describing Career in Troubled Real…
IRVINE, Calif., December 21, 2021 / PRNewswire / - Chaz Guinn, CEO and Co-Founder of Revolve Capital Group,…
cag: CAG: Noida, an industrial authority, but only has 5% of land for industry | India News
NEW DELHI: Established under the UP Industrial Zone Development Act 1976, the Noida Authority failed in its main objective of promoting industry, highlighted the performance audit of the controller and auditor general (CAG). The CAG report,…
Affordable commercial properties for RENT / SALE in George Town
Affordable commercial properties for RENT / SALE in George Town
https://www.youtube.com/watch?v=Epf_h7MzCVI
Nestled close to the strategic transportation and business hub of George Town, PDC's commercial properties can be found…
7th Circ. Policyholders award ‘body blow’ in virus ruling
By Eli Flesch (Dec. 10, 2021, 7:56 p.m. EST) - An Illinois dental office and hotelier are among a group of insureds who are not entitled to coverage for pandemic losses, said the Seventh Circuit in a major decision by what is now the…
Due Diligence and real estate transactions: Always know what you are getting into
This column was originally published on the Real Estate News Exchange (renx.ca).
When buying a business as part of a real estate transaction, buyers need to do their due diligence to make sure they understand what they are buying. This…
$ 8.4 million giveaway boosts Webb schools scholarships
The donation will be used to significantly strengthen Webb's generous scholarship program. One of the main goals of the Centennial Campaign is to expand access to deserving students.
"Skip Hanson was a beloved member of the Webb community…
California needs tougher retail theft law, prosecutors, retailers say
Spurred on by a recent spate of large-scale armed robberies, prosecutors and retailers are pushing back claims by the California Governor and Attorney General that they have enough tools to tackle retail theft in following a…
Does Your Business Need Commercial Property Insurance?
Many businesses own or lease commercial property. If you experience a loss, commercial property insurance pays for the repair or replacement of your property and possessions, including the structure in which you operate, furniture,…
Home loan interest rates will continue to favor homeowners over investors under new APRA rules
Mortgage interest rates are likely to continue to favor homeowner borrowers over real estate investors under the finalized changes to bank capital rules.Key points:Updated rules will favor low-risk loans, such as homeowner and interest…
Opportunity Zone Investment Fraud – Sometimes It’s Better To Just Pay Taxes
Yellow warning sign against a stormy sky saying Scam Alert
getty
The announcement by the United States Attorney's Office for the Southern District of New York City that Joshua Burrell has been charged with…
Skanska invests 23 million euros, around 230 million SEK in commercial building in Espoo, Finland
Skanska has acquired a building under development in Espoo, Finland. The the seller is MSD Finland Oy and the investment amounts to 23 million euros, In regards to 230 million Swedish kronor.
The property includes 4,600 square meters…
UK stock market factors to watch on November 19
Nov. 19 (Reuters) - Britain's FTSE 100 Index (.FTSE) is expected to open higher with futures contracts rising 0.50% on Friday.* KINGFISHER: UK home improvement retailer Kingfisher (KGF.L) is forecasting full-year profit at the top of the £…
Can I avoid paying capital gains on my home sale?
Q. Do you escape capital gains tax if you immediately put the money from the sale in another home?- SellerA. No one wants to pay tax on the sale of a house.Depending on the specifics of your situation, you may not have to pay anything at…
Adaptive reuse in commercial real estate
By Brian JohnsonPresident 2021Santa Barbara Real Estate Association
Adaptive reuse is not a new concept in commercial real estate. It is the practice of taking an existing building and reassigning it to a new use. It!-->…
Not just digital: FAANGs also take a big bite out of real estate
FAANG is an acronym for this group of the largest of the major publicly traded technology companies comprising Facebook (NASDAQ: FB), Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), Netflix (NASDAQ:…
Alleghany Corporation announces third quarter 2021 and issues letter to shareholders
NEW YORK, November 4, 2021 / PRNewswire / - Alleghany Corporation (NYSE: Y) today announced financial results for the third quarter ended September 30, 2021. A full full text press release for Alleghany's third quarter 2021 results is…
Niagara Falls Budget Suggested | New
Falls Mayor Robert Restaino unveiled a proposed municipal budget for 2022 that would increase spending by $…
Bloomington to see property tax revenues change in 2022 | Bloomington
Fluctuations in the market value of residential and commercial properties in Bloomington will be reflected…
Blotting: Patchogue man arrested for CFA, brawl breaks out at Greenport wedding
Southold Town Police Headquarters in Peconic. (Credit: Grant Parpan)…
Louisville Plans to Purchase Old AT&T Downtown Building for New LMPD Headquarters | New
LOUISVILLE, Ky. (WDRB) - The Louisville Metropolitan Government has reached an agreement to purchase the old…
Embrey acquires Retreat at Chelsea Park in Selma, TX
Embrey's purchase of the high-quality 280-unit property built in 2006 closed on October 27 in a sale negotiated by Patton jones from Newmark. Embrey will benefit from the privileged location of the community along the I-35 corridor in the…
Wisconsin Assembly to Vote on Workers’ Housing Bills
MADISON, Wis. (AP) - The Wisconsin Assembly is due to vote Tuesday on a package of bills introduced by Republicans and the state's building and real estate sectors as a way to create more affordable housing for workers, reduce regulations…
Vacancy ordinance explored to reduce number of empty buildings | News, Sports, Jobs
City officials have started considering a vacancy ordinance that would target owners of commercial buildings / land who have usually shown no intention of developing them.
The issue…
The $ 70 million corner of Collins Street offers an opportunity
Despite its past steeped in history, it's what the future holds for property that will be of most interest to potential buyers. Comprising 2,658 m² of rental space on a basement, ground floor, mezzanine and first level, the property…
Canadian National Railways and Theseus Pharmaceuticals see action from activist investors
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These disclosures come from 13D filed with the Securities and Exchange Commission. 13Ds are deposited within 10 days of an entity reaching more than 5% in any class of a…
3 major commercial real estate projects to start next year in Koronadal
KORONADAL CITY (MindaNews / October 21) - The city government is preparing for the development from next year of three large commercial real estate projects here by the private sector.
City mayor Eliordo Ogena said preparations…
Ares Commercial Real Estate Corporation expects earnings release and conference call for the third…
NEW YORK--(COMMERCIAL THREAD) - Ares Commercial Real Estate Corporation (the "Company") (NYSE: ACRE) announced today that it will release results for the third quarter ended September 30, 2021 on Wednesday, November 3, 2021 before…
The redesign of the streetscape of the energy corridor attracts curious stakeholders
Cindy Majouirk found it hard to contain her enthusiasm. Granite Properties, Inc.'s senior property manager went from easel to easel, quizzing the consultants on what she was seeing and getting the details of every dot, color, dash and…
Shelby County Four-Year Property Reassessment Cycle Approved
The State Equalization Board on Wednesday approved a four-year property reassessment cycle for Shelby County, ending Shelby County assessor Melvin Burgess's hopes of moving to a cycle two years.Approval of the four-year plan, which is what…