CREOReport's Page

Source

The Wall Street crisis hitting the heart of the city's financial district should slow construction of its biggest commercial real estate projects, including the World Trade Center and Atlantic Yards in Brooklyn, real estate experts said Wednesday.

Barclays PLC's takeover of Lehman's assets included the midtown office building it owned and will keep many of the employees in the skyscraper, valued at $1.7… Continue

There's an interesting paradox going on in office markets in the USA (International perspective welcomed...)

While Moody's have determined that prices in office building sales have declined, gross rents to tenants are increasing just as vacancy is increasing.

Normally, of course, higher income would mean higher prices for sales and (normally) more vacancy would mean lower rental rates.

But all is not "normal" (whatever that means) in commercial property… Continue

For professionals who depend on transactions, the current downturn represents a survival of the fittest scenario. And according to Darwin, survival of a species depends on "adaptation". To put it another way, you can't strike oil by drilling in a dry hole. The point Hans makes is that the skills and experience established in one specialty can be adapted to serve needs in another. Good points made.



Yes, there are three things in life you can count on "Death", "Taxes" and a "Lease… Continue

From Jones Commercial

1) Botany: Retail - $350m2 Office - $225m2

2) Manukau: Retail - $300m2 Office - $200m2

3) Papatoetoe: Retail - $250m2 Office - $145m2

4) Otahuhu: Retail - $250m2 Office - $150m2

5) Pakuranga: Retail - $325m2 Office - $200m2

6) Sylvia Park: Retail - $350m2 Office - $250m2

7) East Tamaki: Retail - $275m2 Office - $190m2



Ben Jones has an… Continue

Source

Hat Tip to Deal Junky