Los Angeles

Randyl Drummer from CoStar news writes, and I agree, that retail rents will begin to rise this year. It’s not so much a huge increase in demand as much as there is virtually no increase in [...]

Randyl Drummer from CoStar News reports that office space absorption doubled in 2011.  Vacancies declined in nearly 2/3rds of the markets as the office using job base has expanded.  Existing [...]

DQ News reported that 19,247 new and resale homes sold last month.  That was up for December from November by 14% but down 1.4% from December 2010.  Normally, sales are up from November to [...]

CoStar’s monthly National Composite Index of Commercial Real Estate increased for the seventh consecutive month in November 2011.  I know its January 19, 2012, but it takes them around 45 days to [...]

According to Roger Vincent with the LA Times.  “As 2011 came to a close, some commercial real estate experts found promising signs in often troubled markets.” I agree, but that’s quite an [...]

CoStar News reports that starts of multiunit residential construction were up 32.2% from October 2011 to 230,000, which is the highest since September 2008.  True, the number of new apartment [...]

Seeking additional long lease, investment grade, single-tenant, triple net leased, opportunities nationwide. Please contact me, Scott Harris at 310-473-4789 or 614-905-6614.

I’ve been discussing single tenant, net leased opportunities over many of  last few posts because I’ve been searching for several 1031 uplegs.  Every one of the buyers have been looking for [...]

The Great Recession has produced an increase of 1.4 million new renters this year, which is a 4% rise in the last year according to Mark Heschmeyer at CoStar News.  And again, since construction [...]

Top retail and office properties have been bid up over the last year to the point where it makes sense to find another commercial real estate alternative.  That possibly can be industrial where [...]

It’s actually not all that surprising given that construction financing has all but shut down once again that any pickup of leasing activity means a net positive absorption given that there’s [...]

Investors showed a sharpened appetite for commercial property, pushing prices up in the second quarter.  I realize that the second quarter, the end of June, sounds so long ago given what’s [...]

LaSalle Investment Management is forecasting $2 billion of property investment in 2011 primarily in major markets such as Southern and Northern California, Chicago and Washington, DC. They also [...]

The hotel / hospitality sector is booming in the second quarter with more properties coming onto the market as a response to capital seeking hotel investment with private equity funds, [...]

Massive new 1 million square feet mixed use project announced for Hollywood, California at Hollywood and Vine.  Project valued at $1 billion includes two towers with the tallest at 48 stories [...]

Office transaction volume for 1st quarter 2011 is double last year at a preliminary $12 billion and as more closed transactions are verified it might approach $15 billion for the quarter.   Of [...]

And now, back to the news:   NAR reports that the commercial real estate market is recovering far faster than many of us thought it would.  I’ve sure seen antidotal evidence of this.   I have [...]

Mark Heschmeyer at CoStar News discusses exactly what I’m running into out there in the recovering commercial real estate market and that is rapidly dwindling supply of something good to sell. [...]

The President, on Monday, signed into law the Small Business Jobs Act of 2010. The bill, which Congress passed last week, expands loan programs through the U.S. Small Business Administration [...]

Can November get here soon enough? “But the cost of that paper trail could swamp the small companies, sole proprietors freelancers forced to generate it. Pennsylvania business networking [...]