Robert Carr

Robert
Carr
Articles
Demand for Office Space Heats Up as FIRE Sectors Recover
Professional services that have traditionally led demand for office space, including finance, insurance and real estate, have finally made a comeback after a slump following the recession. Office market experts hope that the sectors, collectively referred to as FIRE, will now join with the tech and energy industries to heat up office demand in primary cities in 2015.
For Data Center Leasing, Demand Doesn't Always Come First
According to a recent CBRE study, a company looking to lease at a data center will spend $12 million more in one major city than another for the same amount of space.
NYC Developers Tackle Tough Markets With Shipping Containers
Two New York City developers, Palladium Management and SG Blocks, have formed a partnership to use repurposed shipping containers to develop multifamily and retail in the city’s borough infill sites.
U.S. Industrial Portfolios Attract Attention from Foreign Investors
The recent $8 billion sale of IndCor Properties, an industrial REIT owned by the Blackstone Group, marks one of the largest portfolio purchases since the recession, but it comes as no surprise to capital markets experts, who say smart companies loaded up on lower-priced assets and then waited for an economic comeback.
More Construction, Financial Data Offered for the MOB Sector
Annapolis, Maryland-based Revista unveiled its new database on just about every medical office building (MOB) in the country, as well as construction data on the sector. Also, the Washington, D.C.-based Advisory Board Co. detailed how the design of the new MOB buildings should focus on patient convenience.
Good News for Global Office Markets Heading Into 2015
Office landlords have started to shift back into the driver’s seat across the world, according to a recent Cushman & Wakefield study. Though some political instability and pockets of overbuilding keep expectations from soaring too high, the general consensus is that most markets will gain rents and occupancy by 2016.
Pennsylvania Seniors Housing Wants Government Attention
Pennsylvania, the second state admitted to the union, is also one of the oldest in terms of population age—but seniors housing providers there say the government isn’t doing enough to address the oncoming wave of elderly need.
Boomers to Seniors Housing: Hell No, We Won't Go!
According to a recent survey of more than 4,000 baby boomer households in the United States, about three-quarters of those born between 1945 and 1964 do not want to move into a seniors housing community anytime soon.
JLL: Skills Gap Drives Manufacturers’ Real Estate Decisions 1
During a JLL webinar about the future of U.S. manufacturing, held on Nov. 11, experts said that it is clear that more companies today are investing in or considering new manufacturing facilities stateside. The only problem, said JLL executives, is that the skill level required for these new facilities has risen above what the average community can provide.
Millennials: Not as Different as You Think
Everything you’ve been told about the millennial generation and their desires for futuristic office design isn’t true, according to a recent CBRE study.
Suburbs Still Appeal to Some Office Tenants
Suburban office markets have lately received a bad rap, but some supporters say that outside markets are now the places to find the best deals and locate new satellite offices.
Law Firms Cut Back on Existing Space as They Lag Professional Services in Recovery 1
U.S. law firms are just not following the recovery trend experienced by the rest of the professional services industry, and are giving up occupancy in many major markets.
Pilot Tech Programs Provide Better Senior Care
Large technology firms are launching pilot programs with select seniors housing developers and care managers to increase the use of remote, non-intrusive health monitoring in both single-family homes and large facilities.
Seniors Housing Occupancy Rate Cracks 90% in Q3
Seniors housing finally cracked the 90 percent occupied mark in the third quarter 2014, and record-high acquisition numbers just continue to grow, according to reports from the industry.
Foreign Investors Chase Yield, Safety in U.S. Office Sector
Foreign buyers increased their investment in the U.S. commercial real estate markets in the first half of 2014, pouring in $85.4 billion in property purchases here compared to $76.7 billion in the first half of 2013.
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