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National Real Estate Investor May 1, 2008 H. Lee Murphy |
57 Stories of Light When it opens this year, the Comcast Center in Philadelphia, with 57 stories and 1.2 million square feet of space, could be the tallest LEED-certified structure in the nation. |
National Real Estate Investor May 1, 2003 Dana Dubbs |
A Towering Question These are trying days for Philadelphia's downtown office market. Now, three separate office developments are on the drawing board, including a $700 million world trade complex that would add 2.3 million sq. ft. of space. Local real estate professionals are skeptical. |
National Real Estate Investor January 28, 2003 |
Downtown Baltimore office tower sells for $50M A 380,000 sq. ft. office building in downtown Baltimore has sold for $50 million. Norfolk-Va. Based Harbor Group International (HGI) and a corporate investor bought the property, known as the First Union Tower, as part of a tax-deferred exchange. |
National Real Estate Investor April 1, 2003 Parke Chapman |
A Supply Glut In the Office Sector Over the past two years, as office markets softened, industry pundits predicted that things would not get as bad as they did in the last recession because this time the market was not overbuilt. It looks like they were wrong. |
National Real Estate Investor January 1, 2006 Parke M. Chapman |
Ground Zero Waiting Game Above-market asking rents and political bickering over Ground Zero's future are foiling developer Larry Silverstein in his quest to fill the $700 million 7 World Trade Center building. As of late December, just 40,000 of the total 1.7 million sq. ft. was leased. |
National Real Estate Investor April 1, 2005 Alan Heavens |
Philly's Downtown Resurgence Downtown Philadelphia's renaissance offers a compelling argument that the region is primed for additional growth. Condos are hot and retailers are adding space, but office vacancies are high and likely to go even higher. |
National Real Estate Investor October 1, 2005 Joe Gose |
The Office Investment Gamble Several office markets battered by the tech wreck that jolted Wall Street and led to a recession four years ago are still plagued by double-digit vacancies. But that hasn't fazed investors, who are generally paying more for properties today than they were in 2001 when the buildings were filled with tenants. |
National Real Estate Investor September 23, 2003 Parke Chapman |
Office REIT Stung By Competitive Manhattan Market A decision last week by law firm Cadwalader, Wickersham & Taft to lease 450,000 sq. ft. at One World Financial Center was terrific news for lower Manhattan and WFC landlord Brookfield Properties, but quite the opposite for Boston Properties. |
National Real Estate Investor March 1, 2006 |
Deals & Projects Younan Properties has acquired Norfolk Tower, a 206,680 sq. ft. Class-A highrise... The joint venture between Colliers ABR and AEW Capital Management has purchased the 22-story office tower at 119 West 40th Street... etc. |
National Real Estate Investor February 1, 2003 Chapman & Valley |
The Sublease Overhang: A 124 Million Sq. Ft. Headache When will vacancy rates return to normal and asking rents stop falling? The answer very much depends on how quickly the office market can clear out a whopping 124 million sq. ft. of sublease space -- about 25% of the total available space nationwide. |
National Real Estate Investor June 1, 2006 Parke M. Chapman |
Ground Zero Office Glut in the Making? If Ground Zero's newest tower is any indication, filling space in the Freedom Tower and adjacent buildings will be a challenge. |
National Real Estate Investor July 1, 2006 Morris Newman |
San Francisco's Bipolar Office Market Riding a High Investors in the seemingly bipolar San Francisco office market appear ready to bounce back. After three years of slow recovery, downtown San Francisco is ready to relegate the tech fiasco to the past. |
Real Estate Portfolio Mar/Apr 2004 Phillip Britt |
Trusting Liberty Proactive stance, guaranteed occupancy and local management keys for Liberty Property Trust's success in soft market |
National Real Estate Investor January 1, 2006 Jennifer Dawson |
Re-Energizing Houston Although the energy industry in Houston is enjoying a resurgence, the office sector continues to lag the broader economic recovery with a metro vacancy rate of nearly 18%. But increasingly the market appears poised for a major turnaround. |
National Real Estate Investor April 1, 2006 Laura Ellis |
The Nissan Effect Nashville's commercial real estate market is riding high on the automaker's announcement that it will relocate its North American headquarters from Gardena, California, to the Country Music Capital by the end of 2007. |
National Real Estate Investor February 1, 2006 Jeanne Lang Jones |
Seattle's Day in the Sun Because of the strengthening economy, vacancy rates and rents are improving in the Puget Sound's two largest office submarkets -- Seattle and Bellevue, a suburban city located on the east side of Lake Washington about a 30-minute drive from downtown Seattle. |
National Real Estate Investor July 1, 2005 Christine Perez |
A Tale of Two Office Submarkets It appears Dallas is on the verge of another economic rebound, with nearly all of the new office development occurring in two key submarkets -- Downtown/Uptown and Far North Dallas. But too much new construction could push buyers to other cities. |
National Real Estate Investor July 1, 2004 Walter Woods |
Bank Merger Leaves Atlanta Office Market in Limbo Wachovia's acquisition of SouthTrust Corp. in June could leave some Atlanta landlords feeling jilted because consolidation of space generally follows mergers. |
BusinessWeek March 8, 2004 Grover & Lowry |
Get Mickey II: The Plot Thickens Comcast may well make a fresh bid for Walt Disney -- and throw in some cash. |
National Real Estate Investor June 6, 2003 Parke Chapman |
Hines Plans New 40-story Chicago Tower Hines will begin construction this fall on a 40-story office tower in Chicago at One Dearborn Street. The 820,000 sq. ft. tower is expected to be finished during the fourth quarter of 2004. |
National Real Estate Investor December 22, 2003 Parke Chapman |
Planned Ground Zero Building To Be World's Tallest It's finally official -- the first building to be developed on Ground Zero will be the 1,776-ft. "Freedom Tower." The building will boast 2.6 million sq. ft. of office space within 60 stories. |
National Real Estate Investor December 24, 2003 |
Bank of America to Anchor Major Manhattan Office Project The 2.1 million sq. ft. office tower to be called One Bryant Park will be developed by the Durst Organization. |
National Real Estate Investor December 1, 2006 Beth Mattson-Teig |
Twin Cities Harbor Hidden Office Buys On the surface, the Minneapolis-St. Paul office market appears to be plodding along at a steady, yet unremarkable clip. But a closer look reveals a market that is bubbling with activity. |
National Real Estate Investor January 1, 2005 Parke Chapman |
Office Glut at Ground Zero The jury decision on insurance liability for the World Trade Center could clear the way for five new office towers to be developed around Ground Zero in a larger plan that could cost as much as $9 billion. |
National Real Estate Investor May 1, 2005 Parke Chapman |
Finally, An Uptick in Office Rents Average rents nationally rose by 0.7% to hit $20.25 per sq. ft., up from $20.11 per sq. ft. at the end of 2004. In reality, scores of major office markets are still limping, and some won't make a full recovery for several years to come. |
National Real Estate Investor December 3, 2003 Parke Chapman |
On the Cusp of an Office Recovery? The third quarter brought hope to the embattled national office market: Grubb & Ellis reports that the national office market vacancy rate has stabilized at about 18%, which could embolden landlords to cut back concessions in 2004. |
National Real Estate Investor May 1, 2008 Sibley Fleming |
Tearing Up Peachtree Tearing up Peachtree Street, which runs through downtown Atlanta and the office markets of Midtown and Buckhead, is another way of saying there's a lot of construction going on. |
National Real Estate Investor February 1, 2005 Paula Widholm |
Chicago is Back on the Upswing "Live, work, play" has been downtown Chicago's catchphrase since 2000. In recent years it's been amplified by a surge in new high-rise condo projects, office skyscrapers and a new nearly half-billion dollar lakefront park. |
National Real Estate Investor January 1, 2003 Walsh & Brickley |
Philadelphia Story: Betting on a Better Downtown A survey of the philadelphia property market: hotels, multifamily, retail, office, and projects under construction. |
National Real Estate Investor May 27, 2003 Parke Chapman |
Chicago's CBD Vacancies Decline, But Troubles Persist Chicago's CBD office vacancy declined by almost half a percentage point during the first quarter, according to a report from CB Richard Ellis. Within the next few months, several large tenants will vacate substantial chunks of space. |
National Real Estate Investor May 1, 2005 |
Corus Bank Closes $120 Million Loan for Panorama Tower II Sasson Hallier Properties LLC received funding in late April for the construction of the luxury high-rise condominium in Las Vegas. |
National Real Estate Investor August 1, 2005 Parke Chapman |
Residential Rebound Four years after the 9/11 terrorist attacks, residential sales and rentals in Manhattan are soaring. |
National Real Estate Investor May 1, 2006 Parke M. Chapman |
Tenuous Office Recovery Boston's metropolitan market continues to lag the national office recovery -- and observers question if the market's near-term leasing momentum is sustainable. They cite two stubborn trends: an active mergers and acquisitions market, and a soft local economy. |
National Real Estate Investor February 1, 2007 Parke M. Chapman |
Rebound in Beantown Boston's metro office market was particularly active in the fourth quarter of 2006. |
National Real Estate Investor August 1, 2011 Matt Hudgins |
Empire Building in Southern California Watson Land owns and operates more than 15 million sq. ft. of industrial space in the region and is one of Southern California's largest industrial developers. |
National Real Estate Investor January 1, 2003 Bennett Voyles |
A Sky-High Tax Increase Still reeling from the recession and the terrorist attacks on the World Trade Center, the New York real estate industry now faces one more blow: an 18.5% increase in the city's real property tax. |
National Real Estate Investor December 1, 2002 Jessica Miller |
Office Properties: The Worst Could Be Ahead After hotels, the office sector is the biggest victim of the soft economy. And unlike the retail, industrial and multifamily sectors, experts predict that office fundamentals will continue to crumble before improvement begins some time in 2004. |
National Real Estate Investor November 25, 2003 |
Beacon Buys L.A's Citicorp Center for $170M Beacon Capital Partners has acquired a prominent Los Angeles skyscraper. The Boston-based investment firm prevailed over a competitive field of bidders with its $170 million bid for the Citicorp Center, a 48-story office tower located at the northwest corner of Flower and 5th streets. |
National Real Estate Investor June 1, 2011 Michele Lerner |
Office Investment Magnet Experts believe Washington, D.C.'s real estate fundamentals are in place to keep the local office market healthy for the remainder of 2011. |
National Real Estate Investor November 1, 2004 Parke Chapman |
Midtown Manhattan: A Pillar of Strength The real estate market in Manhattan is finally emerging from a three-year slump. Office leasing is on the rise, hotel vacancy rates are tightening and luxury retailers are flocking to Fifth Avenue's midtown shopping corridor. |
National Real Estate Investor July 1, 2004 Walter Woods |
When Will Atlanta Rise Again? While Atlanta's fundamentals continue to lag, the city is adding more structures to its famous skyline. Some new inventory has already come on line in early 2004, including the first of many possible towers at the Atlantic Station. |
National Real Estate Investor September 1, 2005 Henry Springs |
Trumping the Chicago Market Overcoming many redesigns and a sickly office market, the Trump International Hotel & Tower in Chicago is slated to rise between the Wrigley and IBM buildings in late 2007. |
National Real Estate Investor February 1, 2007 Christine Perez |
Philadelphia Renaissance The J. Grasso Properties acquisition of two historic office buildings in the heart of Philadelphia mark the area's revival. |
National Real Estate Investor June 1, 2005 Nicholas Yulico |
Betting on a Rebound A surge in San Francisco leasing activity has propelled investors to pay record prices for trophy buildings in recent months. Skeptics wonder whether buyers are wise to bet on a recovery that may still be a ways off. |
National Real Estate Investor July 1, 2004 Matt Hudgins |
Office Development Plans Resurface in Austin Why have two developers rekindled development plans for office buildings here? The answer involves nuances of the city's geography, political climate, and historic patterns of business development. |
National Real Estate Investor March 1, 2005 Matt Hudgins |
Fear of Commitment In an era of short production cycles and rapidly changing business models, the new mantra in corporate real estate is flexibility, which is often equal to, if not more important than, achieving the lowest occupancy cost. |
National Real Estate Investor July 1, 2003 |
American Financial Buys $769 Million Office Portfolio Fresh after its IPO last week, American Financial Realty Trust has purchased 158 properties from Bank of America Corp. for nearly $800 million. The 8.1 million sq. ft. portfolio consists of office buildings, banking and operations centers scattered throughout 19 states. |
National Real Estate Investor October 1, 2002 Margy Sweeney |
Chicago's `Long, Flat Bottom' Downtown Chicago continues to bustle with construction activity. This is a good sign and also a scary one. |
The Motley Fool May 8, 2007 Emil Lee |
Juicy Yield at HRPT The blazing REIT market is showing some signs of cooling off. |
National Real Estate Investor March 1, 2005 Kris Hudson |
Climbing Denver's Rocky Market The tech and telecom bust of recent years bloodied Denver with some of its highest vacancy rates and job losses since the late '80s. This year, local real estate and economic observers predict a long-awaited recovery. |