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Commercial Real Estate News

In this section we've added RSS feeds from several commercial property news sources.

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Singapore-based Global Logistic Properties Ltd. (SGX:MC0), one of the largest owners of industrial properties in the U.S., is undertaking a strategic review of options available to enhance shareholder value. The company has appointed JP Morgan (SEA) Ltd. as its financial advisor and constituted a special committee, consisting of four independent directors, to oversee the strategic review. The move comes at the request of its largest shareholder...
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Orange County, Greater Toronto Area, Chicago, Vancouver/Calgary, South Florida, New York City, San Francisco, Washington DC, Los Angeles, Minneapolis, Atlanta, Northern New Jersey and more! ORANGE COUNTY Colliers Names New Head of US Brokerage Ops By Randyl Drummer...
Colliers International has quietly promoted one of its senior managers to president of its U.S. brokerage operations. Martin Pupil, who previously served as president of the Colliers West Region, was promoted this week to the top position of president of U.S. brokerage for the global commercial real estate services company. Pupil, currently based in the company’s Orange County offices in Irvine, CA, previously served as executive vice president...
It's no coincidence that this week's Cyber Monday, now officially the biggest single sales day in e-commerce history, follows the largest roll out of regional fulfillment centers since 2012 by the dominant online retailer,, with 26 warehouses added to the giant internet seller's global distribution network since Sept. 30 alone. U.S. online shoppers spent a reported $3.45 billion Monday, according to Adobe Digital Insights, on top of...
Call it an early Christmas present for Fannie Mae and Freddie Mac shareholders. President-elect Donald Trump’s nominee to head the Treasury Department, Steven Mnuchin, in his first interview since his announced appointment said the two housing finance agencies should not be under government control and added that the Trump administration would make it a priority and get it done reasonably quickly. Fannie Mae shares jumped $1.25 per share to $4...
National Real Estate Investor
Both JLL and Cushman & Wakefield predict that energy-reliant office markets won’t recover until at least 2018-19, and possibly not for another five years for Houston.

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Total immediate repeal “is not going to happen,” says Krone Weidler, vice president of investments specializing in seniors housing and healthcare real estate at brokerage firm Marcus & Millichap.

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“Restaurants are real estate. In any restaurant, beverage sales have a higher profitability because you’re not manufacturing them, and the labor costs associated with pouring a glass of wine are less than a plate of food,” he explains.

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Starbucks CEO Howard Shulz is stepping down from his position to work on expanding the Reserve Roastery concept, according to The Wall Street Journal. Simon Property Group has planned future mall renovations totaling $1.9 billion in its stand to keep the mall relevant to retail, Fortune reports.These are among today's must reads from around the commercial real estate industry.

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In a recent report, researchers with real estate investment management specialist Amherst Capital Management estimated that U.S. single-family homes remain undervalued by about 5.0 percent.

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Wall Street Journal
As Long Island’s Glen Cove prepares to break ground Tuesday on one of the region’s biggest real-estate projects, it faces opposition even as some residents have warmed to such large-scale developments.
Manhattan’s softening retail market is making allies of the pop-up and the landlord.
Construction spending in New York City’s health-care sector is surging as hospitals update aging facilities and add preventive health services, a new report finds.
An investment group has paid $76.5 million for a downtown Brooklyn property, a sign that demand for development sites in the borough remains strong despite indications of softening in some of the city’s real-estate markets.
A pair of private developers are looking to build a technology and cultural hub in a faded manufacturing neighborhood in Miami.
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