Commercial Real Estate Industry News
A collection of Commercial Real Estate latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
CBRE Reports Q4 CRE Lending Surge
A strong year-end bounce is beginning to resemble pre-pandemic conditions, the firm's latest study found. Increased liquidity, tighter credit spreads and somewhat looser underwriting standards led to “a sharp improvement” in…
DAUM Arranges Phoenix-Area Industrial Lease
The firm worked on behalf of Hopewell Development to secure the tenant for the new facility in a western suburb of the city. DAUM Commercial Real Estate Services has arranged the lease of a recently built industrial warehouse in the Phoenix suburb…
COVID real estate: Commercial property rebound depends on tech demand
Google “canopy campus” planned for a Mountain View site near the search giant's current Googleplex headquarters, concept. The outlook for commercial real estate in Silicon Valley remains 'hazy' for the moment due to ongoing economic…
HSBC To Slash Office Space By 43% As COVID Ushers In Hybrid Work
There is absolutely no way to avoid a great deal of pain coming to the commercial real estate market as companies dump or are planning to eliminate office space as the pandemic has changed the office's role. HSBC Holdings Plc is the latest company…
Posthaste: Remote working could slash companies' office real estate footprint by as much as 30 per cent
Office space continues to build up in the country at a time when many commercial skyscrapers are ghost towers. Close to 9.7 million square feet of office space is expected to be completed in 2021, with majority of completions located in Toronto…
CBRE Fourth Quarter 2020 Earnings
BY RICH BOCKMANN FEB 24, 2021 1:43 PM “Asset-light” is the buzzword trending in the flex-office space — and at CBRE, too. Bob Sulentic, the commercial real estate giant's CEO, said that was a big factor in CBRE's decision to…
Real estate broker: Working from home could help smaller markets like Albuquerque
(The Center Square) – COVID-19 caused an unprecedented shift to working at home, leaving many office spaces around New Mexico empty, but one expert doesn't expect this to stick. Joe Farr, 2020 chairman of the NAIOP Commercial Real Estate…
Four Things to Know Before You Sign the Lease for Your First Office
If you're thinking about moving on from a cramped home office or the noisy “charms” of working outdoors in your favorite local coffee shop, it might be time to consider renting your new business 's first office space. But where do you…
CRE Transactions Surge as Investor Confidence Wanes
Nearly a year into the pandemic, the CRE industry is showing mixed signs of the recovery. The SIOR Snapshot Report shows waning investor confidence alongside strong transaction volume. Overall investor confidence fell in the third quarter after two…
24.48 acres of land in Tolleson sells for $6.4M
An entity traced to Trammell Crow bought 24.48 acres of land in Tolleson for $6,398,566.14, according to the commercial real estate tracking website Vizzda. The seller was EJM Development Co. The land is located at the southeast corner of North…
Council Post: Bringing Sustainability Home: How CSR And ESG Programs Can Broaden Impact As Workplaces Adapt
CEO, Americas at The Instant Group overseeing the company's expansion and operations throughout the Americas. Corporate real estate has realized the weight of corporate social responsibility and long-term sustainability practices, both as a…
Regions not interested in bank M&A, CEO says
Regions Financial is actively pursuing acquisitions, executives said Wednesday — just not the splashy kinds of bank deals that some of its rivals have announced lately. The $147.3 billion-asset company in Birmingham, Ala., has preferred a…
COVID real estate: Commercial property rebound depends on tech demand
Categories: Business Google “canopy campus” planned for a Mountain View site near the search giant's current Googleplex headquarters, concept. SAN JOSE — The outlook for commercial real estate in Silicon Valley remains…
Healthcare construction primed to rebound faster than other sectors
While nonresidential construction is expected to continue to lag through much of 2021, healthcare is projected to fare better than other sectors like office and manufacturing, according to a new report. Nonresidential building construction starts…
Never Seen Anything Like This': Texas Winter Storm Could Produce More Litigation, Insurance Claims Than Past Hurricanes | Texas Lawyer
Your article was successfully shared with the contacts you provided. The litigation has already started in the wake of Texas' winter storm and energy grid disaster, from the first wrongful death actions to a negligence-based class action lawsuit.
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