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According to a recent article in The New York Times, companies in northern New Jersey are paying Manhattan-level office rents for smaller spaces in undesirable places like Weehawken and Secaucus for one and one thing only: data centers.
Posts in Commercial Property Management
In lieu of sequestration, commercial real estate managers optimistic
Despite sequester cuts causing concentrated, negative economic impacts for certain regions, many commercial real estate professionals are optimistic amid other economic indicators.
Commercial real estate managers don’t need to wait for ordinance to take energy benchmarking initiatives
In a recent National Real Estate Investor article, Kate Brown posits the question to real estate professionals around the world: What is the responsibility of real estate owners, investors and developers to the future of our planet’s environment, given that buildings create more than 40 percent of the world’s carbon dioxide emissions?
Technology embraced by commercial real estate brokers and property management companies alike
According to a National Real Estate Investor article, commercial real estate professionals are incorporating technology into their daily functions to improve client relationships, analysis and management.
Detroit’s commercial real estate opportunity: empty store fronts, lots.
As echo boomers migrate into core urban centers and abandon suburbs, Detroit’s “donut effect” is a unique problem for many commercial real estate management companies stuck with empty store fronts and retail locations within the city limits.
REIT earnings exceed expectations
According to a recent article in The Wall Street Journal, real estate investment trusts saw robust earnings in the first quarter as the economy slowly improves and landlords raise rents.
What unemployment, apartment fundamentals can tell us about today’s commercial real estate market
According to a recent National Real Estate Investor article, two of the top ten issues affecting commercial real estate companies include the impact of technology on office space and the shifting priorities on an upcoming generation called ‘Echo Boomers’.
Commercial real estate appraisal values: when to protest.
As of May 1, 2013, appraisal districts began releasing preliminary appraisal values, pressing commercial real estate property owners into answering the question, “Do I protest the appraisal value?”
San Francisco seeks middle ground on ‘Tenant in common” property proposal
According to KQED, a compromise is being reached regarding the conflicting interests in San Francisco’s Tenants-in-Common units.
After recession, commercial property management companies must shift focus toward continuity
In a post-recession market, commercial real estate companies must shift focus to business continuity strategy.
