In the News

In the News

Forecast: Steady, Moderate Growth

August 27, 2013    

Vacancy rates generally are tightening in commercial real estate sectors, with modest rent growth, according to the National Association of Realtors’ (NAR) quarterly commercial real estate forecast. Among the forecast’s findings is the discovery that rising international trade is...

Will Retailers Say “I Do” to WTC Space?

June 28, 2013    

The eagerly anticipated World Trade Center transportation hub—set to open in mid-2015—will have more than just trains passing through. The concourse floor will be leased out for private and promotional events, which some experts think doesn’t bode well for the retailers that...

Vertical Downtown Planned for Mass. Small Town

June 28, 2013    

A $1.6 billion renovation of Quincy, Mass., has gotten underway, with the goal of creating what urban planners call a “dense and vertical” downtown. The redevelopment features towering structures, which aren’t typically used in the suburbs of Boston. The buildings will house...

Food Trucks Scream for Ice Cream Reg Changes

March 27, 2013    

The increase in food trucks has been one of the hottest trends in the food service industry the last few years, according to the National Restaurant Association’s “What’s Hot in 2012” survey of professional chefs. Such trucks have become technologically advanced and bear...

"Dead Mall" Haunted by Misjudged Demographics

March 27, 2013    

The world’s biggest shopping center has been classified as a “dead mall.” Storefronts are predominantly vacant, there’s little foot traffic, and only a movie theater and indoor roller coaster still draw customers to what was designed to be an entertainment and shopping...

More Than Coffee While Travelers Wait at Redesigned Terminal

March 27, 2013    

Travelers will have the opportunity to treat themselves to more than just magazines, snacks, and coffee while waiting for flights at John F. Kennedy International Airport. An expansion project at the New York City airport’s Terminal 4 will include upscale specialty shops, brought in by...

Report: CRE Teeters on Edge of Fiscal Cliff

December 20, 2012    

CRE services provider Cassidy Turley has released research examining the impending “fiscal cliff’s” impact on commercial real estate markets across the country. Economists’ general consensus is that if the fiscal cliff—the combination of tax increases and spending...

Iconic Tower Sale Bolstered by Healthy Tenant Roster

August 13, 2012    

Houston’s CRE market continues to show its strength as one of its iconic buildings goes up for sale. The landmark skyscraper, Williams Tower, is owned by a subsidiary of the Hines Real Estate Investment Trust. The 1.4-million-square-foot tower, originally named Transco Tower, was built by...

Tenants Race for Space in Tallest U.S. Tower

May 28, 2012    

Steel columns added to the top deck of One World Trade Center—the replacement for the twin towers destroyed in the Sept. 11 attacks—made the as-of-yet unfinished building New York City's tallest skyscraper. It may become the country's tallest tower after more floors are added...

Going Once: World's Tallest CRE Space Up for Auction

April 26, 2012    

An upcoming online real estate auction for an entire corporate floor in Dubai's Burj Khalifa—the world's tallest building—is the first of its kind for Dubai, which has been struggling to reanimate its real estate market following the recent global economic crisis. The space...

Tenants Retain Advantage in Improving Market—For Now

March 31, 2012    

The latest Commercial Real Estate Market Survey from the National Association of Realtors (NAR) shows positive improvement for owners as vacancy rates decrease across all commercial real estate sectors. But while NAR analysts predict vacancy rates will continue to shrink in 2012, most likely...

Survey Echoes Continued Optimism from CRE Experts

March 31, 2012    

Echoing the predictions of other recent commercial real estate outlook reports, a survey of the majority of senior real estate executives at the third annual Akerman U.S. Real Estate Summit is looking past still-existing uncertainties in the CRE markets to embrace the future of the industry,...