Before Skanska USA Building moved its Southeast regional headquarters in Atlanta last October from an owned building to 1.5 floors of leased office space, the company built out the space with sustainability in mind...
Retail landlords historically haven't paid much attention to green building, largely because energy costs at most shopping centers are paid directly by retailers, leaving little incentive for owners to embrace...
In overbuilt residential markets from Las Vegas to Miami, investors with unsold condominiums — and their creditors — are desperately seeking ways to cover debt service or unload their assets altogether. “It's like...
A spike in a common benchmark interest rate for commercial real estate lending will increase debt service on many floating-rate loans but isn’t cause for alarm, according to industry observers. Even so, “for some...
Two unconnected deals announced this month show that well-funded private developers are taking advantage of the residential slump to bag ritzy residential sites to develop and hold until the market recovers. Luxury...
The national vacancy rate for neighborhood and community shopping centers increased by 20 basis points in the first quarter to 7.7% — the highest level since 1996, according to real estate research firm Reis. Mall...
Ashkenazy Acquisition Corp. and The Carlyle Group have completed their purchase of 650 Madison Avenue, a trophy asset in New York’s Plaza District, for $680 million. Trading for more than $1,130 per sq. ft., the 27...
Distribution center giant ProLogis has leased the roof of a 607,000 sq. ft. distribution center to power provider Southern California Edison to begin the world’s largest solar cell installation program. All told, the...
Senior finance executives believe companies that reduce their impact on the environment can achieve significant financial benefits ranging from reduced operating costs to improved shareholder value and better employe...
Since the onset of the credit crunch last August, many investors have watched with dismay as their commercial real estate holdings have fallen in value. Predictions from Wall Street are downright alarming, with J.P...
