Denver’s commercial real estate market ranks among the nation’s 10 most promising, despite a gloomy national forecast, according to an annual report released Tuesday by the Urban Land Institute and PricewaterhouseCoopers.
Overall, 2009 is expected to be the worst year for the commercial real estate industry since the 1991-92 industry slowdown, according to the “Emerging Trends [...]
Real estate investors and professionals say financial and real estate markets in the U.S. will hit bottom in 2009 and continue to slump for much of 2010, according to a report released Tuesday by the Urban Land Institute and PricewaterhouseCoopers LLP.
D.C. is the “ultimate hold market when the economy struggles” and downtown office vacancies should [...]
35 commercial properties throughout Ohio & Indiana to be offered at October 28, Chartwell Group Real Estate auction at Crowne Plaza Cleveland Airport Hotel. Property types include: hotels; former YMCA’s & YWCA; an apartment building; an office building; a shopping center; 2 former bank branches & 3 business parks. Published reserve prices at 55% to 82% discounts from original pricing.
As insulated as Long Island real estate has been through past recessions, experts say the recent collapse of financial firms on Wall Street will eventually result in lower prices and higher vacancies in commercial properties here.
The departure of Bear Stearns, Lehman Brothers and Merrill Lynch put the fate of more than 3 million square feet [...]
UK commercial property worth five billion pounds ($8.92 billion) changed hands in the three months to end-September as the market continued to shrink due to a lack of debt funding and falling prices, data showed on Wednesday.
Property services firm Jones Lang LaSalle said British direct real-estate investment in the third quarter was down about 17 [...]
Investment in Canadian commercial real estate declined sharply in the first half of 2008 and investment for the year as a whole is expected to be considerably lower than last year’s record level, says a mid-2008 report on the investment market by CB Richard Ellis Limited.
The report says that in the first six months of [...]
Worries about the national economy and slower job growth in Dallas-Fort Worth caused a drop in office leasing in the first half of 2008.
Net leasing was down about 50 percent from the same period last year.
But so far, nobody in the office building business is panicking.
“Surprisingly, the Dallas office market has continued to sustain itself [...]
The nationwide credit crunch has taken a toll on Hawaii’s commercial real estate sector, which saw sales volume plunge 58.5 percent in the first half of the year, according to a new report.
Local real estate deals, affected by more stringent lending requirements and a disconnect in pricing between buyers and sellers, fell only 7.3 percent from 113 transactions in the first six months of 2007. But year-to-date sales volume plummeted to $536 million from $1.2 billion, according to the latest investment market report released today by Colliers Monroe Friedlander Inc.
Palm Beach County’s commercial real estate market has slowed since last year’s record-breaking run, but there are some signs of life.
For starters, TA Associates has paid J.P. Morgan Investment Management nearly $60 million for West Palm Beach properties in the past six weeks.
In July, Boston-based TA paid $18.25 million for the 95,935-square-foot building at 1400 [...]
More Than $30 Million in Property to be Sold on August 16 in Lakeland. Scott Oglesby, owner/auctioneer of United Country - Oglesby & Company of Bartow, Fla., will conduct a public auction on August 16. The auction will feature more than 70 properties worth an estimated $30 million, including recreational land, large acreages, residential homes, building sites, condos, upscale homes and commercial parcels located throughout Florida.