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The most important thing developers and contractors can do to minimize risk is to include clear contractual roadmaps for addressing eventualities such as price increases on raw materials.
The average retail cap rate for net lease properties during the second quarter of 2018 reached 6.2 percent, an increase of 10 basis points from first quarter and the biggest jump in seven years.
The number of new leases in Manhattan fell 17.5 percent from a year earlier in June, according to a report released Thursday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate.
The Street argues that REITs benefit from trade wars. Dillard’s may take over Boston Store sites in the Milwaukee area, reports the Milwaukee Journal Sentinel. These are among today’s must reads from around the commercial real estate industry.
