Originally posted by Mark Heschmeyer, CoStar News Demand Grows for Sites Viewed As Critical to Supply Chain Industrial outdoor storage facilities, considered critical in the shipping of goods to U.S. consumers, are attracting more investment as buyers turn to a property type that’s in short supply to hedge against higher interest rates and economic uncertainty. […]
More Investors Park Dollars in Industrial Outdoor Storage Read More »
Originally posted by CoStar News Predictions for a modest recession with possible job losses in 2023 have, so far, come up short. The labor market has held up stronger than expected, despite rising interest rates, a frozen housing market and slowing manufacturing activity. But that may be, at long last, starting to change. Firms added
Labor Market Begins To Relent Read More »
Prospects Look To Avoid Financially Distressed Properties Originally posted by Jack Witthaus & Katie Burke, CoStar News Forget gyms, outdoor balconies, air filtration systems and parking. The biggest question office tenants have for landlords these days: Who’s your lender? Turmoil in the U.S. office market — which has triggered missed loan payments and foreclosure warnings
Show Me the Financials: Office Tenants Now Grilling Landlords Before Inking Deals Read More »
Originally posted by Richard Lawson, CoStar News A growing number of seniors are staying in their homes longer and limiting the supply of houses for sale, and real estate executives and analysts say that’s combining with higher mortgage rates and a tight supply to push aspiring homebuyers toward single-family rentals. Households made up of those
Originally posted by Bill Kitchens, CoStar News Healthy Demand, Limited Supply Drives Competition for Space Thanks to consistent, resurgent demand for retail space over the past two years, the availability of retail space in the Dallas-Fort Worth region has compressed. The availability rate, or the share of space marketed and available to tenants, has fallen
Retail Availability Falls To Record Lows In Dallas-Fort Worth Read More »
Originally posted by Andria Cheng, CoStar News The surprise outside bidder who won the $190 million public auction of the iconic Flatiron Building in New York has failed to make a scheduled 10% down payment, the sale organizer said, potentially setting the stage for the property to be peddled again. Managing Partner Jacob Garlick of Abraham Trust,
New York’s Flatiron Building Sale Thrown Into Confusion by Lack of Down Payment Read More »
Originally posted by Candace Carlisle, CoStar News Alternative investment firm NexPoint has unveiled plans to develop a 200-acre life science hub at an aging office campus in Dallas-Fort Worth that once was home to self-made billionaire H. Ross Perot’s Electronic Data Systems. Dallas-based NexPoint said the four-phase project in Plano, Texas, is expected to eventually include
Aging Office Campus in Dallas Area To Be Transformed Into Life Science Hub Read More »
Originally posted by Candace Carlisle, CoStar News A Texas district judge signed a temporary injunction order that extends a ban of Mike McDonald and Jonathan Napper from conducting real estate deals as part of their nonsolicitation and noncompete agreements with their former employer Cushman & Wakefield. The order, signed last week ahead of an expected
Texas Judge Orders High-Profile Brokers to Stay Away From US Dealmaking Read More »
Originally posted by Linda Moss, CoStar News Bed Bath & Beyond plans to wind down its operations in Canada, closing 65 stores because the chain said it can no longer afford to provide them with financial support even after raising more than $1 billion in a stock sale last week. The Union, the New Jersey-based retailer,
The Bed Bath & Beyond chain will soon be closed all over Canada Read More »
