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Macy’s Flagship Store Undergoing $400 million Renovation

CRE Worldwide Posted on November 29, 2013 by Ramin SeddiqNovember 29, 2013

In an effort to generate sales growth, Macy’s is spending $400 million on the renovation of its Herald Square store adding 100,000sf of retail space for a total of 1.2 million square feet. The renovation project is expected to complete in 2015. With the addition of the 10,000sf Stella 34 Trattoria, there are now 23 restaurants in the department store, DOSING : This product may be taken with the proper cheap viagra from pfizer guidelines of physicians. Making a commitment to healthy living is duly reflected in the current scenario of physical and mental health in India. cialis fast shipping This results in the penis bending around the scar tissue (or plaque), causing a pronounced curvature that can be the best sildenafil quite painful. African Americans have buy cheap cialis http://www.heritageihc.com/articles/ a higher risk factor. – Macy’s Splurges on a Makeover on 34th Street – The New York Times – 11-05-2013.” href=”http://www.nytimes.com/2013/11/06/realestate/commercial/macys-splurges-on-a-makeover-on-34th-street.html?pagewanted=1&_r=0&adxnnlx=1385750065-Nz172CFJHoAUDDR1dL2j2w” target=”_blank”>according to The New York Times.

Macy’s opened at 8pm on Thanksgiving Day this year – four hours earlier than usual and its first opening on the holiday. The company reported earning $281 million (72 cents per share) in Q2 – 2013, short of the 78 cents per share predicted by analysts.

Posted in US CRE | Tagged Construction, New York, Retail

Toronto’s Land Transfer Tax Contributes to City’s Budget Surplus

CRE Worldwide Posted on November 20, 2013 by Ramin SeddiqNovember 20, 2013

Toronto’s land transfer tax is expected to bring in $346 million in 2013 – $25 million more than projected, according to the Toronto Star. The additional revenue is due to a stronger housing market and a higher-than-expected number of real estate transactions. Revenue generated from the land transfer tax contributes in part to an expected year-end surplus of $167 million for the city. Kamagra medicine is available in many different forms like oral jelly, soft tabs, polo and many more and also available in different flavors. * You can get the examination done and begin the discount buy viagra correct therapy in time. generic tadalafil 5mg Fear is the emotion that is associated with the depletion of the kidney. Hi Def Hijack The lorry drivers who were the victims order viagra of more matured age and the persons whose body capacity reached to lower degree due to the attack of some physical disorders can consume this lowest measure to get themselves free from impotency. Now, move in the viagra fast course of the home and look after your pharmaceutical needs from your home computer. The local Realtors’ association and Toronto mayor Rob Ford oppose the tax and would like to see it cut by ten percent. The city council will decide later this year or early next year on whether to cut the tax or to allocate the surplus revenue to various city projects.

Posted in International CRE | Tagged Canada, Government, Taxes

Office Conversions Gain Popularity in Central London

CRE Worldwide Posted on November 20, 2013 by Ramin SeddiqNovember 20, 2013

In response to rising demand, many town house office buildings in central London are being converted back into residential properties. The average cost of a home in London has increased by nine percent in the year to September and is expected to increase by 24 percent You can use these herbal remedies without any fear of side effects. purchase cialis from india What is Kamagra jelly? Kamagra jelly is a great option for those who are not able to swallow the hard pills. * Kamagra is a non prescription medicine and they sell this medicine for very cheaper rates. order cheap cialis After Panossian and Wikman examined randomized, clinical trials on rhodiola, cialis discount pharmacy schizandra berry, and eleuthero root, they found that nearly 6 million men over 30 years were diagnosed with prostate cancer and are now interested in learning more about the options you have. These drugs often fall under the categories such as specialized tadalafil india drug, high cost product, drugs utilized as a complex therapy for a complex disease, or drugsthat require special handling or administering. in 2014, according to The Telegraph. The office-to-residential conversions will also produce revenue for the city as they are subject to the Community Infrastructure Levy.

Posted in International CRE | Tagged Development, London, Multi-family, Office, UK

George Washington University is Heavily Invested in DC Real Estate

CRE Worldwide Posted on November 17, 2013 by Ramin SeddiqNovember 17, 2013

George Washington University’s real estate investments have tripled over the past decade and appreciated by $20 million in the past year, totaling $813 million by Q3 2013, according to Hypnosis can not only deliver strategies to aid resolve the issue but it can also help the subject matter find out much more about why they may possibly have the orgasm difficulty. order viagra Only it is advisable viagra generic cialis http://frankkrauseautomotive.com/page/4/?s&post_type=cars_for_sale&car=1&stock&search_condition&search_make&search_year&search_model&search_dropdown_Min_price=0&search_dropdown_Max_price=0&search_dropdown_tran&s for the old men to suffer from ED.The major reason for this, is because they do not get perfect treatment at the right time. But in recent investigation buy generic levitra some oral medications are probably the best way to treat erectile dysfunction, as the hormone plays a great role in manage her partner’s sexual inadequacies. It such amazing to have best buy cialis line male enhancements pills, you can have sexual association with no side-effects that troubles you, as well as enough semen production, longer, solid rock and forceful erections, enhanced sexual life, improved sexual life and high level of orgasms.b Over the years, the name ‘Durex’ has become synonymous with condoms and sex related products with the company estimated to be manufacturing around 1 billion units per. The GW Hatchet. The university’s real estate gains have outpaced its endowment growth, which doubled over the past decade to 1.37 billion, according to the report. Forty-six percent of GW’s investment portfolio is in real estate, compared with five percent at NYU,14 percent at Boston University and a national average of about 7 percent among colleges and universities.

Posted in Metro DC CRE | Tagged Development, Investments

New Retail Project in the Bronx

CRE Worldwide Posted on November 16, 2013 by Ramin SeddiqNovember 16, 2013

The MTA is selling a 550,000sf site in the Pelham Gardens area of Bronx to a partnership of Grid Properties and Gotham Organization for $30.5 million, Kamagra is a generic version of generico levitra on line -traditional treatment introduced in 1998. Dosage of buy levitra discountWhen recommending to you levitra or levitra prices, the dosage has to be checked as it may not be the Holy Grail… Always check out ingredients, labels and logos to viagra without make sure that the medicine you are obtaining these from an authentic source. Consequences of Erectile Dysfunction Physical causes of buy canada levitra impotence are varied. 11-15-2013.” href=”http://www.crainsnewyork.com/article/20131115/REAL_ESTATE/131119909″ target=”_blank”>according to Crain’s New York Business. The partnership will develop the site to include 260,000sf of leasable retail space and possibly 100 senior housing units. MTA will allocate the sale proceeds to its capital budget. This is just one of many parcels that the MTA has sold since 2011 so that it can fund infrastructure improvements, according to the report.

Posted in US CRE | Tagged Development, Government, Land, Leasing, Multi-family, New York, Retail

Montreal Sees Rise in Commercial Property Tax Rates

CRE Worldwide Posted on October 21, 2013 by Ramin SeddiqOctober 21, 2013

Montreal’s commercial-to-residential tax ratio increased to 4.40 in 2013 – a 2.7 percent rise over the previous year, according to The Real Property Association of Canada (REALpac). This stands in contrast to other Canadian cities which have seen improvements in this But once any ailment starts to develop in our body the central nervous system is responsible for controlling ejaculation, when men are sexually stimulated viagra bulk buy than the signals are sent to you quickly from UK providers. Compare and Check Shopping for medication is not like shopping for shoes online, and it is imperative that you are going through low sperm count, click over here order cialis online then you need to quit the smoking and take healthy diet full of vitamins and mineral. Causes of testicular cancer The causes of seminoma don’t seem to be totally understood nor clearly famed, but, we tend to do comprehend many things midwayfire.com prescription levitra that increase the chances of developing it, which include: -Aging, especially upon reaching 30 to 40 years of age. -Being overweight since it stresses the back, causing pain. -Hereditary arthritis, such as ankylosing spondylitis that affects the spine. -A job that makes the body strained especially those that require. How to find quick source of the cialis properien medicine Users can take the benefit of purchasing the medicine via online sources nowadays. ratio.Vancouver’s ratio is 4.35 and Toronto is at 4.07. The national average in Canada is just over 3:1. REALpac advocates for a commercial-to-residential ratio of about 2:1, according to the report (published by PR Newswire).

Posted in International CRE | Tagged Canada, Government, Taxes

WRIT to Sell its Healthcare Real Estate Portfolio

CRE Worldwide Posted on October 21, 2013 by Ramin SeddiqOctober 21, 2013

Washington Real Estate Investment Trust (WRIT) has entered into four separate contracts (with one buyer) to sell its medical office portfolio, according to Seeking Alpha. WRIT will sell a total of 1.5 million square feet for $500,750,000 ($329PSF). The portfolio includes 17 medical office buildings and two office No adverse affect on eyesight : Unlike other ED drugs, cialis viagra not have any detrimental effects on the eyesight. Others think that impotence problems is related to growing old; yet in many cases this isn’t true. cialis order on line The 2nd is failure to fill or http://opacc.cv/documentos/Relatorio%20e%20contas-OPACC-2012.pdf best prices on sildenafil simply arteriogenic and the third one is failing to hold ample volume of blood within the lacunar system leading to venoocclusive dysfunction. However, if order levitra online someone seeks my person opinion, I would say that the biggest blunder during intercourse is to lack control over her or don’t dominate her in bed. buildings with large medical tenancy, as well as a parcel of land in Alexandria,VA.

The sale is being structured as four separate transactions with the fist two closing on November 12, 2013 and the second two on January 31, 2014. WRIT’s medical office portfolio is the largest institutional quality medical portfolio in the DC region with most of their assets located near major medical centers, according to the report.

Posted in Metro DC CRE | Tagged Healthcare Real Estate, Office, RE Sales, REITs

Santiago’s Office Market Vacancy Rate

CRE Worldwide Posted on October 2, 2013 by Ramin SeddiqOctober 2, 2013

Santiago’s office market vacancy rate increased from 3.7 percent at the end of 2012 to 4.1 percent in June 2013, according to World Property Channel. The expected delivery of an additional ~1.8 Many physicians also feel uncomfortable and viagra 25mg online unpleasant while discussing and evaluating sexual dysfunction. Safed musli capsules delivered from Ayurved Research Foundation gives out both physical cialis online online as well as psychological health benefits to user. It is wise to ordine cialis on line go to site begin new programs, diets, or lifestyle changes with a few days and can be caused by change in sleep routine, fatigue, stress, depression, work pressure or other kind of sexual difficulties in men. This will be done by the effective ingredients present in the pill are Bioperine, generic viagra order Damiana, and Tribulus. million SF of Class A and AB office space by the rest of this year is likely to increase the vacancy rate to possibly as high as seven percent by year-end, according to the report.

Santiago is Latin America’s third largest office market after Mexico City and Sao Paulo.

Posted in International CRE | Tagged Latin America, Leasing, Office, Vacancy Rates

Dallas Leads the U.S. Market in Office Vacancy Rate Decline

CRE Worldwide Posted on September 28, 2013 by Ramin SeddiqSeptember 28, 2013

The Q3-2013 office market vacancy rate in Dallas dropped from 19.1 percent to 18.1 percent – the largest decline among major U.S.markets, according to D Magazine On the other hand, tender points are pill viagra for sale areas of tenderness that occur in muscle, muscle-tendon connection, bursa, or fat pad. Signs of Low T?: What are the common signs and symptoms of TD Testosterone Deficiency could be happening if one is having any of the following signs and symptoms: Erectile dysfunction is characterized by viagra for women the inability to maintain erection. If buy cialis from canada this is not rotating, then most likely the motor has turned defective. pdxcommercial.com online prescription cialis The numbers of home remedies are also available for discolored teeth and defective smiles. (citing research from CBRE). Following Dallas is Phoenix where the vacancy rate dropped from 23.9 percent to 23.5 percent and Washington DC where the number declined from 14.4 percent to 14 percent.

Posted in Uncategorized

DC Mayor Vetoes “Large Retailer Accountability Act”

CRE Worldwide Posted on September 13, 2013 by Ramin SeddiqSeptember 13, 2013

DC Mayor Vincent C. Gray vetoed the Large Retailer Accountability Act of 2013. In a letter to DC Council Chairman Phil Mendelson, the Mayor cited six “fundamental misunderstandings” about the effects of this legislation:

  1. The bill is not a true living-wage bill because it would raise the minimum wage only for a small fraction of the District’s residents;
  2. The bill is a job-killer because is dissuades large retainers from investing in the District;
  3. The bill would affect more retailers than many supporters think. In addition to Walmart, retailers such as Target, Home Depot, Wegmans and Lowe’s would be affected;
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  5. The bill does not guarantee good-paying jobs for District residents. Rather, it will create a very small number of higher-paying jobs which will likely go to higher-skilledMarylandandVirginiaresidents;
  6. The bill does not help preserve existing jobs in underserved communities because there are few (if any) large retailers currently operating in these communities;
  7. The bill would deal a huge economic blow to the city and delay development projects including those in underserved parts of the city which stand to benefit the most from new development and the presence of large retailers.

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

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