There are many reasons why developers are attracted to adaptive reuse today. There is an increased demand from cities, residents and tenants for renewed urban cores. Americans are regaining a taste for urban living and moving from suburbs back to redeveloped cities.
Earlier this year, Fossil inked a long-term lease for 535,000 sq. ft. of office space at 901 Central in Richardson, a northern suburb of Dallas. At the same time, the company sold off two office buildings and one distribution facility totaling 459,000 sq. ft.
When most people think of student housing, images from the movie “Animal House” usually come to mind. It’s a common misperception, and one that continues to influence investment decisions today. The reality of student housing, however, is far removed ...
Over the past few years, more than $100 billion worth of assets has been sold through the Peracon Network, an online platform used by more than 120,000 professionals and 50,000 organizations involved in buying, selling and holding commercial real estate. The network serves as a single location for all information related to asset acquisition, financing, due diligence, asset disposition and ongoing investor relations reporting. Via the Internet, real estate professionals can exchange information in a secure environment – offering materials, due diligence information, and closing documents.