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Wilshire Grand Center

CRE Worldwide Posted on June 24, 2017 by Ramin SeddiqJune 24, 2017

At 1,100 feet, the Wilshire Grand Center is the tallest building west of the Mississippi River and the 9th tallest building in the United States, according to The Skyscraper Center. Owned by Seoul-based Hanjin Group (which is also the holding … Continue reading →

Posted in US CRE | Tagged Construction, Development, Hospitality, Office, Retail

Office Tenant Build-out Costs – 2017

CRE Worldwide Posted on May 16, 2017 by Ramin SeddiqMay 16, 2017

Construction and development costs in the U.S. increased by 2.7 percent in 2016 and are expected to increase along similar lines during 2017, according to JLL’s U.S. Fit Out Guide. The guide, which looks at Class A office build-out in … Continue reading →

Posted in US CRE | Tagged Construction, Development, Investments, Leasing, Office, Pricing

Industrial Sector Update – May 2017

CRE Worldwide Posted on May 11, 2017 by Ramin SeddiqMay 11, 2017

The U.S. industrial sector is experiencing its longest expansion on record. The vacancy rate in this sector dropped to 5.3 percent in Q1-2017 which is 300 basis points lower than the ten-year historical average of 8.3 percent, according to

Continue reading →
Posted in US CRE | Tagged Absorption, Construction, Economy, Industrial, Leasing, Vacancy Rates

CRE Construction in 2016

CRE Worldwide Posted on April 10, 2017 by Ramin SeddiqApril 10, 2017

At close to $25 billion, New York State was first in the country in terms of 2016 commercial property construction expenditures. The industry supported 284,135 jobs in the Empire State, according to NAIOP data. In the U.S. as a whole, … Continue reading →

Posted in US CRE | Tagged Construction, Development, Economy

Lord & Taylor v. White Flint

CRE Worldwide Posted on March 20, 2017 by Ramin SeddiqMarch 21, 2017

A 1975 agreement between White Flint (the developer of what would become White Flint Mall) and Lord & Taylor committed the retailer to lease land on the mall site and in exchange, White flint would construct an enclosed “first class” … Continue reading →

Posted in Metro DC CRE | Tagged Construction, Development, Leasing, Legal, Retail

Audi Field

CRE Worldwide Posted on February 22, 2017 by Ramin SeddiqFebruary 22, 2017

Last week, the DC Zoning Commission granted approval for the construction of Audi Field, DC United’s new $300 million stadium. Located at Buzzard point, the 20,000-seat stadium will include 31 luxury suites, four of which will be reserved for city, … Continue reading →

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

1812 N. Moore Lands Nestlé

CRE Worldwide Posted on February 1, 2017 by Ramin SeddiqFebruary 1, 2017

Nestlé will move its U.S. corporate headquarters from Southern California to Arlington, Virginia, according to ARLnow. The company is leasing 200,000sf on the top nine floors of 1812 N. Moore which is located in the Rosslyn neighborhood. Monday Properties owns … Continue reading →

Posted in Metro DC CRE | Tagged Construction, Government, Office, Vacancy Rates

Denver Passes Energy-efficiency Reporting Rule for CRE

CRE Worldwide Posted on December 27, 2016 by Ramin SeddiqDecember 27, 2016

Starting in 2017, commercial building owners in Denver must identify the Energy Star score of their properties using the EPA Energy Star Portfolio Manager tool, according to If we see the effect viagra online visit that of the medicine, it … Continue reading →

Posted in US CRE | Tagged Construction, Government, Technology

Aston Martin Residences

CRE Worldwide Posted on October 29, 2016 by Ramin SeddiqOctober 29, 2016

British luxury carmaker Aston Martin, in partnership with G and G Business Developments (owned by Argentina’s Coto family), will develop its first-ever real estate project. Located on the Miami River at 300 Biscayne Boulevard Way and overlooking Biscayne Bay, Aston … Continue reading →

Posted in Uncategorized | Tagged Construction, Development, Multi-family

Stockholm-based Skanska Invests in DC’s NoMa

CRE Worldwide Posted on October 9, 2016 by Ramin SeddiqOctober 9, 2016

Skanska USA Commercial Development has started work on a $112 million, LEED Gold residential building which it calls “Resa”. The 12-story, 326-unit luxury building will have 10,000sf of amenity space and 7,000sf of street-level retail. The project is located at … Continue reading →

Posted in Metro DC CRE | Tagged Construction, Development, Europe, Investments, Multi-family, Retail

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