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News and analysis about commercial real estate finance, investment, development and leasing.
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October 14, 2016

Top Story

Sears Saga to Continue for Some Time, as Company Faces “No Urgency” to Close Stores

By Diana Bell, Staff Writer

As the value of Seritage’s holdings grows, does Sears have a strategy to improve its retail operations?

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Six Things You Should Know About Future City Development

By Diana Bell, Staff Writer

Urban life has changed quite a lot since the onset of the Great Recession in 2008. The new “creative class,” comprising technology workers, scientists, architects, artists and writers, has been migrating from the suburbs to “superstar cities” including San Francisco, Boston and New York, according to Richard Florida, global research professor at the New York University School of Professional Studies. Florida headlined the Urban Lab panel organized by the NYU Schack Institute of Real Estate on Oct. 13. Here are six takeaways Florida discussed with moderator Dr. Sam Chandan, associate dean of the Schack Institute.

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Analysis

Office Market Going Strong, But Rent Growth May End in 2018

By Robert Carr, Contributing Writer

Real estate services firms JLL and CBRE claim in recently released reports that a steady demand for space and limited new construction are supporting healthy fundamentals.

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NREI Wire

The Cheapest Cities to Base Your Tech Startup

Bloomberg

While tech talent is still concentrated in San Francisco, workers are already starting to flee in search of lower rents and higher quality of life.

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Japanese REIT On Buying Spree, Closes On Fifth D.C. Sale in Eight Months

The Business Journals

Unizo Holdings Co. Ltd. closed on its $228 million acquisition of the 332,022-square-foot Executive Building at 1030 15th St. NW.

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Must Reads

10 Must Reads for the CRE Industry Today

By NREI Staff

The Street details reasons why acquiring Staples would be a good investment move for Amazon. Ulta Beauty now plans to add another 1,700 store locations, an increase from the 1,400 originally planned, according to Chain Store Age. These are among today's must reads from around the commercial real estate industry.

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