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February 25, 2020

MIT: For Landlords, Coworking And Traditional Office Leases Cost The Same

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Traditional office deals and coworking leases make no difference to landlords when it comes to the rent they collect, according to a new MIT report. 

MIT: For Landlords, Coworking And Traditional Office Leases Cost The Same

Coworking companies have expanded in recent years to become the leading office tenants in some of the world’s largest real estate markets like London and New York City. The providers were willing to enter into longer lease terms with a higher base rent when many companies were shedding space…

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National Development Files Plans For $210M South Boston Mixed-Use Project

National Development Files Plans For $210M South Boston Mixed-Use Project

A Dorchester Avenue mixed-use proposal could add hundreds of residential units in the burgeoning development corridor between the Broadway and Andrew Red Line stations in South BostonNational Development filed a project notification form Friday on a $210M…

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24 Black Executives Shaping Commercial Real Estate

 

Representation is a powerful force. Seeing a peer in a position of power or influence can be the difference between seeing a goal as a pipedream or a possibility. 

For Black History Month, Bisnow is celebrating the men and women in the commercial real estate industry who represent what is possible when the traditional barriers to entry for people of color in the industry are broken down, either by force of will or with the help of mentors and sponsors. 

The two dozen industry leaders below are but a small collection of the diverse talent in the ranks of real estate. 

These developers, brokers, builders, attorneys, economic development officials and policymakers are not only shaping the CRE industry, they are shaping the world around them, in small communities and in the biggest markets in the country.

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Beyond The Bio: 16 Questions With WiredScore North America Senior Director Tom Redmayne

 

This series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses and lifestyles.

Hollywood may love Eddie Redmayne, but the Redmayne star in commercial real estate is the actor’s brother, WiredScore North America Senior Director Tom Redmayne. 

The U.K.-born PropTech leader got his CRE start at Cushman & Wakefield in London, working on the firm’s global technology team. After four years with C&W, Redmayne moved over to WiredScore after the company expanded to London in 2015. 

Redmayne helped build the connectivity certification platform’s European business and worked his way up to the role of senior director of WiredScore’s U.K. and Ireland offices, landing partnerships with more than 180 landlords including Blackstone, Hines, Tishman Speyer and Nuveen. He moved stateside in 2019 to replicate his European success, this time as the senior director for North America.

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As Track Makes Headlines For Horse Deaths, City Eyes Santa Anita Potential

LOS ANGELES — As horse racing at the iconic Santa Anita Park faces new scrutiny, the city of Arcadia is pushing to come up with a master plan for the 300-acre site, a city official told Bisnow.

The privately owned track has weathered a barrage of headlines related to horse injuries and deaths at the site over the last two years, and the city has been asking the track owner, The Stronach Group, to work with it on development plans, with or without horse racing.

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Executives Reduce Leverage As Economic Growth Slows

 

Commercial real estate executives are “recession-proofing” their portfolios as U.S. economic growth appears to be slowing in the face of worries about the length of the cycle, unease surrounding the coronavirus outbreak and other concerns.

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