Posts in Commercial Property Management 

J.C. Penney to close 33 stores

J.C. Penney announced it is closing stores and cutting jobs.

One of the original retail kings in the United States has been experiencing difficulties recently, and things got worse on Jan. 15, when it announced it would close 33 stores and cut about 2,000 jobs.


Hotel property hot in New York

Hotels are popular among CRE investors in New York.

For Justin Magazine, the vice president at commercial property management service firm Savills, large commercial assets are all the rage in New York City.


No holiday slowdown for commercial real estate

Commercial real estate tends to avoid a holiday slowdown.

While the housing market tends to slow down over the holiday season, the commercial real estate industry typically sees a rise in activity during the finals months of the fourth quarter, according to Jim Spain, a Colliers International regional managing director.


Art attracting affluent tenants to lavish properties

Art is becoming a draw in the luxurious condo market.

Multi-family housing developers are adapting to the times and becoming savvier in trying to lure wealthy tenants to luxurious properties.


Developer looks to revive Vegas’ oldest mall

Las Vegas' retail market is growing.

In the 1960s, shopping malls were a brand-new fad that attracted visitors from all around who wanted to visit all the vendors they could think of on one site.


Las Vegas sale a cause for optimism

Las Vegas' commercial market has seen big improvements this year.

The Sin City real estate market – both commercial and residential – has been struggling more than most markets since the economy crashed years ago.


Miami commercial market in a transition phase

Miami is known to attract consumers and residents with an eye for luxury.

The poshest of the posh have been attracted to Miami for years, and nowhere has that been quite as apparent as Bal Harbour Shops, where high-end brands like Chanel, Gucci, Cartier and Dior set up shop decades ago.


Houston’s commercial market is flaming hot

Houston's commercial market is faring very well.

Real estate experts in the fourth-largest city in the U.S. say the capital and commercial markets are growing and are set for a long period of further expansion.


Two commercial giants to merge

Two commercial real estate giants are to merge after a recent deal.

American Realty Capital Properties and Cole Real Estate Investments agreed Oct. 23 to a merger.


Utilization of commercial floor space changing

Tech startups are now using new floor space design.

It’s a different world for startup companies. Work spaces are no longer about individual cubicles, rather trending to a more open layout where people can gather.