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Author Archives: Ramin Seddiq

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Macerich Picks Hyatt for Tysons Project

CRE Worldwide Posted on November 17, 2012 by Ramin SeddiqNovember 17, 2012

The Hyatt Regency will fill in the hotel component of a new mixed-use development at Tysons Corner Center, located about 10 miles west of Washington, DC. The 17-floor, 300-room hotel will open in 2014 and will offer almost 16,000sf of … Continue reading →

Posted in Metro DC CRE | Tagged Development, Multi-family, Office

Whole Foods Market Reduces Its Store Size

CRE Worldwide Posted on November 15, 2012 by Ramin SeddiqNovember 15, 2012

Whole Foods Market has a new strategy: Instead of the 50K to 70K sf stores it was building five years ago, the natural and organic foods retailer is opening stores around 38K sf in size, according to Seeking Alpha. The … Continue reading →

Posted in US CRE | Tagged Development, Leasing, Retail

The Diminishing Supply of Retail Space in Hong Kong

CRE Worldwide Posted on November 13, 2012 by Ramin SeddiqNovember 13, 2012

Between 2007 and 2011, total retail space in Hong Kong increased by 3.9 percent (6.2 million square feet) while total retail sales in that city grew by an annual average of 13.1 percent, according to South China Morning Post (quoting … Continue reading →

Posted in International CRE | Tagged Absorption, China, Leasing, Retail

Hotel Sector Remains Somewhat Steady

CRE Worldwide Posted on November 10, 2012 by Ramin SeddiqNovember 10, 2012

RevPAR (revenue per available room) – a metric of hotel occupancy is increasing at a slower pace than it did in the initial years following the 2008 economic downturn, according to a CoStar report (quoting data and analysis from Wells … Continue reading →

Posted in US CRE | Tagged Investments, Lending, Multi-family, Vacancy Rates

Second Term

CRE Worldwide Posted on November 8, 2012 by Ramin SeddiqNovember 8, 2012

All other things being equal, commercial real estate activity is likely to increase now that the election is over. For many businesses, the concern is not so much the party that prevails as much as the uncertainly prior to It … Continue reading →

Posted in US CRE | Tagged Government

Not Just For The 99%

CRE Worldwide Posted on November 2, 2012 by Ramin SeddiqNovember 2, 2012

Discount retailer 99 Cents Only Stores plans to open a location on Rodeo Drive in Beverly Hills, according to The Huffington Post. Company president Jeff It contains viagra sans prescription vitamin B5, B6, and D, all of which work together … Continue reading →

Posted in US CRE | Tagged Leasing, Retail

New Accounting Standards To Affect Operating Leases

CRE Worldwide Posted on October 30, 2012 by Ramin SeddiqOctober 30, 2012

Within a few years, new accounting standards – agreed upon by FASB and IASB and aimed at increasing transparency – may require landlords and tenants to include operating leases on their balance sheets as either assets or liabilities – a … Continue reading →

Posted in International CRE | Tagged Investments, Leasing, Lending, Retail

University of Chicago Redevelops Hyde Park

CRE Worldwide Posted on October 26, 2012 by Ramin SeddiqOctober 26, 2012

The University of Chicago is working with the city and private developers to redevelop the 53rd Street retail district north of its Hyde Park campus, according to The New York Times. The $250 million Harper Court project (at the corner … Continue reading →

Posted in US CRE | Tagged Development, Leasing, Office, Retail

Transbay Tower

CRE Worldwide Posted on October 24, 2012 by Ramin SeddiqOctober 26, 2012

San Francisco’s office market is the healthiest in the country due in large part to the growth of the tech sector in that city. Rents average $50.36/sf – up 50 percent since Q1 2010 and vacancy is at 12.7 percent … Continue reading →

Posted in US CRE | Tagged Development, Leasing, Office, Pricing, Vacancy Rates

Dutch Retail Sector

CRE Worldwide Posted on October 20, 2012 by Ramin SeddiqOctober 20, 2012

Bloomberg reports that retail properties in the Netherlands generated returns of 7.6 percent last year – the highest in the Dutch commercial real estate market. Dutch pension group APG Algemene NV – the third largest pension fund in the world … Continue reading →

Posted in International CRE | Tagged Europe, Investments, Retail

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