Private Investors Are Dominating Toronto Retail Property Deals
Private investors eclipsed all competition in dollars spent in 2016, Moore said, shelling out $1.5B for retail properties, or 55% of retail deal flow
Private investors eclipsed all competition in dollars spent in 2016, Moore said, shelling out $1.5B for retail properties, or 55% of retail deal flow
Consulting firm Bates White has signed on for 80K SF at Rockrose and Spitzer's Alexander Court, bringing the 800K SF redevelopment to 70% occupied
While demand will be robust with 11M SF of deals in market, spec office could still be rare.
Bisnow spoke with brokers about if a new deal from Transocean to fill the entire Enclave Placa building signifies a return in the office market in Houston.
As an opportunity zone, Downtown Houston presents buyers with the chance to renovate older office product into hotels or residential developments.
NOVO Properties acquired the site at 1200 North Henry St. from Avanti Holdings Group and is moving forward with plans for a 115-unit project.
Ironically, some say the rampant growth that got WeWork into trouble may also be what helps them be the go-to operator in urban areas where space is lacking.
Office rents in the National Landing area have increased 18.6% over the 12 months since Amazon's announcement, according to JLL.
Companies that offer virtual touring technology and online market data are seeing an increase in demand as commercial real estate adapts to the coronavirus.
As WeWork focuses on filling up its new D.C. office spaces, the coworking giant does not appear to be on the market for additional leases.
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