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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →