Average asking rents for U.S. office space increased in the first three months of 2012, despite a slowdown in leasing activity, according to Cushman & Wakefield's first quarter statistics for the Central Business District (CBD) office market.
The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralize CMBS climbed to 86.9% as of February 29, 2012 from 86.4% as of January 31, 2012. Loan values were 79.9% as of February 28, 2011.
With the economy apparently stabilizing, commercial real estate investors have jumped into several markets in the West, brokers said.
Fifty years after John Glenn ushered in an era of American supremacy in space by orbiting the Earth, Nasa is fishing for tenants to rent disused facilities at its Kennedy Space Centre in Florida.
Amazon.com Inc. (AMZN) plans to build three commercial towers in Seattle, potentially increasing the city’s downtown office space by 7 percent, based on the company’s preliminary development plans and figures from CBRE Group Inc. (CBG)
Commercial real estate trends and issues that were prevalent in 2011 will continue into 2012, according to Steve Hentschel, managing director and head of Real Estate Banking, Gleacher & Co.
Kimco Realty Corp’s decision to go public in 1991 kicked off what is now considered the Modern Real Estate Investment Trust Era. Twenty years later, Kimco President and CEO David Henry says the company’s initial public offering changed the face of commercial real estate investment.
The global financial crisis and resulting instability have left many international commercial property investors making fewer speculative buys in emerging markets, preferring to put their money into regions with more established regulatory controls.
Real estate investors are expecting a widespread rebound in US commercial real estate markets, according to a new analysis of the market.
Commercial real estate vacancy rates in the United States are flat and projections for growth have been moderated because economic growth and job creation have been weaker than expected, but modest improvements are expected over the coming year, according to the National Association of Realtors.
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