The CoStar Group just released its third quarter list of select Major Office Buildings under Construction and, unsurprisingly, the largest of these are located in markets that have led the economic recovery, including New York, San Francisco, Houston and Dallas.
Research put together by Morningstar Credit Ratings LLC found that there are at least 108 malls around the country where Sears and J.C. Penney both serve as major tenants, and those properties are included in 106 CMBS loans with a combined principal balance of $7.1 billion.
What can a green lease do for tenants? According to Meaghan Farrell, vice president and LEED Green Associate with Jones Lang LaSalle in Chicago, the benefits are tenfold, and more. Implementing a green lease strategy is not overwhelming, but it must be undertaken through a careful process to assure maximum effectiveness, sustainable success and savings.
The health care sector is in the midst of its largest construction boom. According to Engineering News-Record’s 2011 analysis, this market is ranked No. 2 for green building. Inherent to the strong construction activity within healthcare are common initiatives such as reducing energy usage, leveraging the most advanced technologies, and implementing sustainability practices and standards. We visit just 10 of the many health care facilities that have turned green recently.
Retail investment sales in the first half of 2013 may have fallen short compared to year-ago levels (by 11 percent), but research firm Real Capital Analytics reports that the volume of transactions has been quite respectable.