Assessors increasingly contend that manufacturing and other commercial properties are “special-purpose properties,” and therefore the property tax assessments on these assets should exceed the value that would result from the use of traditional market data....More
As the supply chains get shorter, more intermodal hubs are springing up around the country. Here is a list of the top five intermodal markets that are set to service the interior of the country....More
American consumers are finally spending again, which is good news for retailers and retail property owners. The increased spending corresponds to improved consumer confidence, and experts expect that trend to continue....More
With the help of research from commercial real estate services firm CBRE, we have identified five office CBDs that seem to offer a good value for your money right now, based on rising expected returns on cost for value-add properties.
CalPERS’ recent announcement that it was cutting back on its investment in commercial real estate by up to $3 billion was the equivalent of a big sneeze heard across the commercial real estate world, setting off industry fears that other pension funds might catch CalPERS’ cold… or worse....More
Encouraged by Los Angeles’ positive economics and high real estate values, big money investors from around the world are pouring billions of dollars into commercial multifamily residential real estate development throughout the Los Angeles region....More