In the News

In the News

Luxury Tenants Switch Tacks for Location, Lease Rights

November 21, 2018    

Luxury retailers, who traditionally have been less affected by market troubles, are now finding themselves with the conundrum of finding their niche within their niche. Changing consumer attitudes and rents outpacing sales are prompting these tenants to rethink how they brand themselves—to...

New Mall Leasing Model Gives eCommerce Retailers a Chance

November 21, 2018    

Retail brands that have done business exclusively online are getting the benefit of a low-risk entry into the brick-and-mortar world. Malls are providing these “digital native brands” with the opportunity to rent space without the typical lengthy commitment—offering what’...

Retail Experts Clash with Small Business Proponents Over NYC Law

November 21, 2018    

The New York City Council is debating a bill it says could help storefront vacancy by giving small businesses a leg up on the competition. It held a hearing on the Small Business Jobs Survival Act, a bill that proponents say could help small businesses negotiate more equitable lease terms—...

Lawsuit Will Determine Whether CRE Firm May Dictate Use of Union Contractors

August 28, 2018    

A new lawsuit raises the question of whether an office building tenant should get to choose whether to use union contractors for its space, or whether the decision should be left up to the building’s manager.

The federal lawsuit filed against real estate giant Jones Lang LaSalle by...

Dark Retail Space Showing Signs of Life

July 31, 2018    

There’s good news for successful retail tenants that are concerned because they’re stuck in malls and shopping centers with many dark storefronts, which hurts foot traffic and limits the mall or center’s hopes of being a so-called “destination” center. The decline...

European Mall Operator Banks on Luxury Mall Success in U.S.

December 22, 2017    

The typical American shopping mall landscape has changed drastically—and for the worse—in recent years, in large part because nearly every item sold from a traditional brick-and-mortar store can be purchased online. Consumers who would rather devote time to things other than driving...

Report: Tenants Can Position Themselves Well in 2018’s Changing CRE Market

November 30, 2017    

Finally, after years of fluctuations that only sometimes favored the commercial real estate market, experts have predicted that slow and steady progress will rule the day—at least for 2018. Accounting firm giant PricewaterhouseCooper (PwC) and the Urban Land Institute (ULI) have put out...

Report: Tenant Demand Grows for Reconfigured Former Box Store Space

October 31, 2017    

As online shopping has become ubiquitous over the past several years, with e-commerce giants like Amazon offering seemingly every product under the sun and with free delivery for subscribers, retail tenants that have set up shop in centers and malls have suffered from sales slumps, more or less...

'Professional Tenants' Changing CRE Office Operations, Leasing Landscape

July 31, 2017    

Shared office space began several years ago as a way for sole proprietors, start-ups, freelancers, and telecommuters to get commercial space that fit their needs but was affordable with no long-term or expensive commitment. Now, it has exploded, as shared office space companies have expanded...

Economists: CRE Industry Stays Steady through 2019

May 31, 2017    

A new three-year economic forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate predicts that the U.S. economy and commercial real estate industry are, in general, expected to experience moderate growth through much of 2019. The ULI Real Estate Consensus...

Traditional CRE Model Turned on Head by Emerging Trends

June 29, 2016    

A new report from the organization Counselors of Real Estate details the top issues it says are affecting the commercial real estate market. It notes that disruption of the traditional setup and purpose of shopping centers is a top concern. Changes are sending some retailers into a headspin to...

New Standard for Measuring Office Space Takes Effect

December 16, 2014    

The International Property Measurement Standard for Offices (IPMS for Office Buildings) took effect last month, creating a uniform method for measuring property globally. By replacing dozens of standards around the world, the new standard is expected to eliminate confusion, inconsistencies, and...