International Council of Shopping Centers (ICSC) met in New York City on December 5 and 6. A Panel of eight national retailers agree that “urban retail is not the last frontier, but an evolving [...]
Linked is a useful sortable report looking at not only vacancy and rent growth trends for multiunit residential, but also retail and office. Go to the link in the upper left of the page [...]
Before I discuss some of the common pitfalls to be aware of by a potential buyer when evaluating a property for purchase, I’ll review the clauses that at least should be included in a commercial [...]
A couple of days ago I promised to put together a chart of the S&P and Moody’s credit ratings for the major retailers that you’re likely to encounter as potential tenants. It’s now 3:45 AM, [...]
Continuing what I was writing about a couple days ago regarding the possible 1031 upleg chosen if a buyer in an exchange in the 45 day identification period can’t find a suitable fee simple [...]
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 [...]
I’ve written plenty about triple net, in fact absolute net, single tenant, national credit, long corporate lease retail over the last few months, but what if the purchase is for a buyer under the [...]
This is an informational post for landlords and property owners brought to our attention by Randyl Drummer at CoStar News. Commercial real estate owners and landlords have been excluded from [...]
This is much more positive news for Central Ohio that there has been positive net absorption for the last six consecutive quarters. Overall vacancy rate has fallen to 11% from 14.7% same time [...]
The State of Ohio approved a $10 million loan to Franklin County to help facilitate the purchase of 18,000 seat Nationwide Arena from Nationwide Insurance and the Columbus Dispatch. The loan [...]
I’ve been posting for a very long time so I thought it would be a good time to personally introduce myself to all of my readers. And since today is Halloween, I have an excuse!
Columbus scored well on a Chamber of Commerce survey of young professionals. 79% of respondents view Columbus as a vibrant city where folks are using Public parks, trails, recreation areas and [...]
Retail closings fell 46% in the third quarter to $8.2 billion from the second quarter’s $15.2 billion. As bad as that was it was still an improvement over last year’s third quarter of $6.6 [...]
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 [...]
Here’s another one from Mark that follows on what I just wrote in the last post. And by the way, I need this kind of product for both buyers and sellers. See my contact page. It’s the cheap [...]
There’s plenty of money out there, but with a huge aversion to risk. Question is where to put it. You can’t make anything on money market, bond yields are way down, Europe is still in meltdown, [...]
Good question Steve. Under IRS Section 1031, cash or other non-like kind property actually or constructively received by the taxpayer in a tax deferred exchange (commonly referred to as [...]
The CMBS recovery was coming along so strongly in the first two quarters of 2011 that conservative estimates were $35 – $40 billion and some predictions as high as $50 – 55 billion in [...]