Increasing Activity in Commercial Real Estate Brokers

May 31, 2012 / Elizabeth Buckley, Commercial Property Analyst
Increasing Activity in Commercial Real Estate Brokers A good sign that the real estate industry is recovering permanently is the increased use of commercial real estate services. New brokerages are being opened in the United States. The recovery is started and will be durable. One huge property management service, Australia’s UGL Ltd. plans to branch out into North and South America. Other large brokerage firms are acquiring some of the smaller businesses. Plans are in the works for shopping malls, office buildings... »

Commercial Division of Re/Max Lauded

May 29, 2012 / Russell Legato, Residential Property Analyst
Commercial Division of Re/Max Lauded When the Lipsey Company added REMAX/Commercial Division to its list of the twenty-five top commercial real estate brands, it was high praise. Those realtors associated with RE/MAX deal with every type of property from medical buildings to multi-family apartments and warehouse buildings. Strip malls, all types of office space and huge industrial complexes are all leased and sold through this major brand name realtor. Leasing is another major function that figures in to the ranking... »

Ideal Property for Clients by Tampa Commercial Real Estate Firm

May 03, 2012 / Elizabeth Buckley, Commercial Property Analyst
Ideal Property for Clients by Tampa Commercial Real Estate Firm Commercial real estate must be carefully matched to the business and office needs of each client. The potential buyer or company wanting to lease a property needs more than just the exact size requirements met. It is important that it have the kind of building needed. A company may need a combination of industrial or retail space plus office space. The broker, Steven Silverman of Tampa Commercial Real Estate, recently located a suitable building for... »

Congress Is Asked to Provide a Fixed Tax Code

April 30, 2012 / Elizabeth Buckley, Commercial Property Analyst
Congress Is Asked to Provide a Fixed Tax Code Congress should not shackle the housing industry: higher property tax is a mistake at this time. The housing industry is just beginning to encourage a cheering section once again. What is congress thinking by throwing any kind of wrench into the newly moving machinery? Builders need to know what the tax code will be. The fledgling return of the healthy housing industry should not have anything put in the way of its continued progress. These... »

Block 37 Mall in Chicago’s Loop Sold to LA Real Estate Fund

April 19, 2012 / Elizabeth Buckley, Commercial Property Analyst
Block 37 Mall in Chicago’s Loop Sold to LA Real Estate Fund Amidst the recent activity in the commercial real estate market, one large transaction was finalized. The Block 37 Mall, a four-level high shopping complex was sold to CIM Group, which is an LA based real estate fund. The sale of this often-troubled giant shopping center was confirmed Monday, April 16, 2012. The sale price has not been announced and is not expected to be revealed. The sizable mall has suffered a close to 70 percent... »

Cash Sales Are Majority of International Commercial Real Estate Sales

April 18, 2012 / Elizabeth Buckley, Commercial Property Analyst
Cash Sales Are Majority of International Commercial Real Estate Sales It’s a 90 percent cash sales market among the International commercial real estate investors. The editor of HousingPredictor reports that 65 percent of all condo and house sales in Miami are cash sales. This popular Florida port city is rapidly recovering while the rest of the state is still mired down amidst short sales and foreclosures. Miami and any other Florida city you can name are truly a tale of two cities in the sense... »

Borrowers Having Difficulties Pay Commercial Real Estate Loans

April 11, 2012 / Elizabeth Buckley, Commercial Property Analyst
Borrowers Having Difficulties Pay Commercial Real Estate Loans Those borrowers responsible for commercial real estate loans originated in 2007 are finding it difficult to maintain current payments. According to a leading expert in New York City the value of loans with late payments is $58.1 billion. Newly delinquent loans impacting the situation are worth $5 billion. The one bright spot in commercial real estate was the Hotel delinquency rate, which decreased by 42 basis points. The rate for office property delinquency was at... »

There Are Ways to Market Commercial Real Estate

April 09, 2012 / Elizabeth Buckley, Commercial Property Analyst
There Are Ways to Market Commercial Real Estate There are times when a company has leased more commercial real estate space than is needed. They may have downsized or their business decreased. It is quite an expense to pay rent for space that is no longer adding to profits. Such a commitment to a lease is a waste of company funds. If the lease is for an extensive period of time, that company may want to do a sublease to minimize any loss... »

Bullish Market in Commercial Real Estate to Last Two Years

April 06, 2012 / Elizabeth Buckley, Commercial Property Analyst
Bullish Market in Commercial Real Estate to Last Two Years A considerable bustle of leasing and selling activity will occur in the commercial real estate market between 2012 and 2014. More of everything is going to take place. There will be more investing, more securities that are backed by mortgages and the rents will be more. Vacancy rates will decrease and those rents increase. The total volume is predicted to increase to fifty percent. Industrial and retail space should see fewer vacancies. However, apartment vacancies... »

Experts Expect Market Recovery to Be Slow and Plodding

April 02, 2012 / Elizabeth Buckley, Commercial Property Analyst
Experts Expect Market Recovery to Be Slow and Plodding U.S. commercial property deals have been estimated to be likely to rise 20 percent in 2012. Technology and energy will provide the impetus for this increase. The space required by these growing industries will compel them to purchase, lease or rent more office and manufacturing space. This will increase the square footage of commercial property that is required for them to conduct their business in. One expert stated that leasing gains last year were broad-based.... »

Commercial Property News

Commercial Property at Property Magazine is a collection of fresh news about commercial real estate, which includes commercial buildings, retail centers, office facilities, industrial properties, hotels, shopping centers, and land intended to generate income or profit from rentals or capital gain across the Unites States and other parts of the Globe.