Commercial Real Estate
Amazon set to lease forthcoming Rainier Square
Amazon already occupies nearly a fifth of Seattle office space. And according to commercial real estate watchers, that slice of the pie is about to get even bigger. The company is rumored to have a pending lease on the office portion forthcoming Rainier Square project, a 58-story structure set to open in 2019 next to […]
Posted in Commercial Real Estate, Office Buildings
Contention Over A Los Angeles Convent Highlights Commercialized Religious Real Estate
Considering the Crusades and other religious wars, this one is relatively tame. A convent that formerly housed the Sisters of the Most Holy and Immaculate Heart of the Blessed Virgin Mary was put up for sale in Los Angeles. Developer Dana Hollister purchased the property from the nuns, with the intent to rezone it for […]
Seattle Market In Top 30 For Commercial Real Estate Investment, According To Study
Jones Lang LaSalle is reporting that as real estate investment is reaching pre-Recession levels, 50% of it is concentrated in only 30 cities, worldwide. And, that impressive list includes Seattle, of course! They report that real estate investment is expected to continue on the upswing to about $1 trillion by the year 2020, driven by […]
Puget Sound Industrial Vacancy Rates Keep Declining, Helping Raise Rental Rates
Colliers International has reported that the vacancy rates for industrial properties in the Seattle region continued declining into the fourth quarter of 2014, which is influencing rental rates to rise along with real estate prices as demand increases. Check out the chart of economic drivers in Q4:
Tasty Commercial Real Estate Gingerbread “Houses”
People have long been fascinated by miniature replicas of buildings – both building them and looking at them. You can find miniature buildings made out of almost every material from pewter to cardboard to Legos, of course. This time of year, the material of choice is gingerbread. Gingerbread houses seem to have originated in Germany […]
Did the Denver Real Estate Market Live up to Expectations?
In January 2014, Denver ranked #11 in Markets to Watch in the annual Emerging Trends in Real Estate report from PricewaterhouseCoopers LLP and Urban Land Institute. At that time, the outlook for investment, development, and homebuilding was good. How will 2014 end for this residential and commercial real estate market? Asking prices for multifamily, office, […]
Key Indicators of Commercial Real Estate Health in Seattle
Seattle has long been a tourist destination for several reasons: seven major cruise lines made almost 200 port calls in 2014; more than 10 million visitors watch “flying fish” and/or sip a latte at the first Starbucks at Pike Place Market every year; about a million people a year delight in the views from the […]
New NAIOP Report is Good News
A new report by the National Association for Industrial and Office Parks paints a positive picture for commercial real estate in the country, Texas in particular. According to the report, the industry is growing at its fastest pace since 2011, with the figures projected to continue rising through 2015 at least. New construction expenditures in […]
Most Unusual Restaurants in the World
When deciding where to dine out, you usually think about cuisine, price, location, and other such considerations. In real life, an “unusual” dinner experience might just mean one that combines great food, extraordinary service, and a decent tab. But if you’re looking for a truly unique dining experience, consider one of these. It seems most […]
Why Buildings Sit Empty, but Construction Continues
If you drive through almost any city in America, you are sure to see empty strip centers and vacant office spaces. Drive a little further and you’ll see a new office building going up. Why build new when there is existing space available? During the commercial real estate boom that swept across most of the […]
Could not authenticate you.
Please fill all widget settings!
Recent Comments