While it’s not wide spread yet, there is a significant change happening in the use of large office space. In high cost office space venues, multiple business are comingling in one large office space. The walls and cubicles are coming down to open up more space where small businesses are reducing office costs by co-locating […]
At a VIP-packed event in Frisco, Texas, on Wednesday, executives from Omni Hotels & Resorts and the Dallas Cowboys, along with Frisco Mayor Maher Maso previewed new details about the 300-room luxurious Omni Frisco Hotel.
The trend of the shrinking workspace is well established. The average amount of space per office worker in North America dropped from 225 square feet in 2010 to 176 in 2012, according to CoreNet Global, the commercial real estate association.
Siemens today announced a strategic partnership with BASELAYER Technology, LLC, the U.S-based manufacturer of software-defined modular data centers and infrastructure management software.
Cap rates for single tenant CVS, Rite Aid and Walgreens properties reached a new historic low in the net lease drug store sector in the third quarter of 2015.
Most people start their real estate career investing in residential properties. Some eventually look to commercial investing because it is much more profitable. Before you jump into commercial real estate there is very different information you need and a different approach compared to residential investing. Six Tips to Get You Started in Commercial Real Estate […]
An article in the Vancouver Sun has highlighted the fact that even though trillions of dollars are invested globally into commercial real estate, this sector tends to use outdated IT programs that are at risk of inaccuracy and human error. A report by the Altus Group, a Canadian-based information technology firm found that even though […]
If you’re looking for a new niche in real estate you could do a lot worse than storage units, according to a new report in The Wall Street Journal. Storage units have been hit by a shortfall in construction, and that’s leading to rising rents and limited vacancies, the report says.
Cushman & Wakefield has sold two multifamily buildings in New Jersey, located at 1000 West and 522 10th Streets in Union City. The properties were sold as an all-cash transaction with a value of $2,120,000. The buildings are adjacent to each other and between the two provide approximately 16,698 square feet. This equates to 12 […]
Appraisals of commercial real estate are much more complicated than for residential real estate. One of the first things you want to consider is your purpose for the appraisal. If you are considering moving your business into a vacant single use property, you want to know the value of the property and building. This is […]