According to CoStar News, sales of commercial real estate in the United States reached $64 billion last year, which is the highest since 2004 and increased 22 percent from 2011. The price gains spread beyond multifamily into industrial, office and retail. Even commercial land showed signs of awakening mostly due to demand for multifamily with…
The recovery is spreading west, which had been a deeply affect region of the country by the residential housing collapsed combined with the deep recession. There has been a few technology and/or energy based markets in California and Texas that have done well over the last couple of years and that strength is broadening to…
It was just announced by Mark Heschmeyer at CoStar News that Blackstone, DRA Advisors and AEW Capital invested in large industrial portfolios valued at a total of $1.5 billion. That’s over one third of all industrial sales completed this year. The industrial segment has been healing nicely this year with vacancy falling almost a full point…
It’s back! Business is cranking again and the phone is ringing. CoStar news reports that the dollar volume of commercial real estate transactions are back up to historical long term average and that’s with a lousy third quarter 2011, due mostly to the debt limit impasse That’s a total of $291.6 billion last year, which…
According to Randyl Drummer at CoStar News, non residential commercial construction posted a 4.5% gain in November over same month last year. All segments showed solid gains. Residential commercial construction starts for apartments resulted in the strongest monthly performance in 18 months. According to Randyl, manufacturing expenditures on new construction was up 12.6% over last…
Second video in my series regarding 1031 uplegs and replacement properties.
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 leasing has been healthy, but not to the point where it doesn’t make sense anymore. I think this sector is the next stop on…