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Author Archives: Ramin Seddiq

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MGM National Harbor

CRE Worldwide Posted on December 22, 2013 by Ramin SeddiqDecember 22, 2013

In a 5 to 2 vote, the Maryland Video Lottery Facility Location Commission awarded MGM Resorts International the state’s sixth and final casino license to build a $925 million casino resort at National Harbor in Prince George’s County, MD – … Continue reading →

Posted in Metro DC CRE | Tagged Development, Government, Hotels, Retail

UK Commercial Property Values on a Seven-month Rally

CRE Worldwide Posted on December 16, 2013 by Ramin SeddiqDecember 16, 2013

UK commercial property values increased 0.9 percent from October to November, according to Bloomberg (citing data from Investment Property Databank Ltd.). Man can focus on performing rather than suffering from erection problem should take the prescription before making purchase of … Continue reading →

Posted in International CRE | Tagged Economy, Industrial, Office, Pricing, Retail, UK

Washington Adventist Hospital Plans to Relocate to White Oak

CRE Worldwide Posted on December 15, 2013 by Ramin SeddiqDecember 15, 2013

Washington Adventist Hospital – a 252-bed acute care facility in Takoma Park, MD is making its second bid since 2006 to move to a 48-acre site which it purchased in 2007 off of Plum Orchard  Drive and Cherry Hill Road … Continue reading →

Posted in Metro DC CRE | Tagged Development, Government, Healthcare Real Estate, Land, Leasing

Surge in New Home Sales

CRE Worldwide Posted on December 8, 2013 by Ramin SeddiqDecember 8, 2013

The Commerce Department reported sales of new single family homes at 444,000 (seasonally adjusted annual rate) for October – a 25 percent increase over the previous month’s rate and the highest level in six months. The October median sales price … Continue reading →

Posted in US CRE | Tagged Economy, Lending, RE Sales

Sears to Spin Off its Land’s End Brand

CRE Worldwide Posted on December 7, 2013 by Ramin SeddiqDecember 7, 2013

In an effort to turn around its business, Sears Holdings Corp. will spin of its Land’s End clothing line into a separate publicly traded company. The company has seen sales slump since the $11 billion merger of Sears and Kmart … Continue reading →

Posted in US CRE | Tagged Retail

Tesco Sales Decline in Third Quarter

CRE Worldwide Posted on December 4, 2013 by Ramin SeddiqDecember 4, 2013

Tesco –Britain’s largest supermarket chain by market share – reported a 1.5 percent decline in UK sales for Q3-2013. Sales numbers were also down by 5.1 percent in Tesco’s stores in Asia. In October the company reported a 23.5 percent … Continue reading →

Posted in International CRE | Tagged Asia, Retail, UK

Multifamily Rebound in Miami

CRE Worldwide Posted on December 3, 2013 by Ramin SeddiqDecember 3, 2013

Residential building permits are being issued at their fastest pace since June 2008. Recent U.S. Commerce Department data shows a 15 percent surge in multifamily permits nationwide with about one in three building permits issued this year being for the … Continue reading →

Posted in US CRE | Tagged Development, Investments, Latin America, Leasing, Multi-family, Pricing

Online Retail Sales Strong During Thanksgiving Holiday

CRE Worldwide Posted on December 2, 2013 by Ramin SeddiqDecember 2, 2013

Retail sales over the Thanksgiving holiday weekend were 2.9 percent lower than a year ago due in part to lower prices, according to the Washington Business Journal (citing data from the National This drug viagra canada pharmacy if consumed in … Continue reading →

Posted in US CRE | Tagged Economy, Retail

Heightened Demand in Accra’s Commercial Property Market

CRE Worldwide Posted on December 1, 2013 by Ramin SeddiqDecember 1, 2013

Demand for commercial property is on the rise in Accra due in part to Ghana’s burgeoning oil industry. The average retail rent in Accra increased by 50 percent over the past year to about $5.60/sf, compared to $2.88/sf in Namibia … Continue reading →

Posted in International CRE | Tagged Africa, Development, Leasing, Multi-family, Office, Pricing, Retail

President Maduro Caps Commercial Lease Rates

CRE Worldwide Posted on November 30, 2013 by Ramin SeddiqNovember 30, 2013

Venezuelan President Nicolas Maduro has signed a decree capping commercial lease rates at 250 bolivars (~ $40), according to Fox News. Furthermore, disputes between Silagra is the low price medicine with the excellent flow of the blood vessels & thus … Continue reading →

Posted in International CRE | Tagged Economy, Government, Latin America, Leasing, Retail

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