The Maryland legislature passed a bill this month which lowers the threshold of property owners’ signatures required to create business improvement districts (BIDs) in Montgomery County, according to Bisnow. The bill, which the governor is expected sign, lowers the threshold from … Continue reading →
The average asking rent rate in Manhattan decreased from $1,008/sf in 2015 to $967/sf in 2016 with 11 of 16 retail corridors recording declines, according to The Business of Fashion (citing CBRE data). Across all 16 corridors, average asking rents … Continue reading →
So far in 2017, ten retailers have filed for Chapter 11 bankruptcy protection, a figure higher than all such filings in 2016 and on pace to meet or exceed 2009 when 18 retailers opted for Chapter 11. According to CNBC … Continue reading →
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 →
According to a residential rental affordability index developed by London-based real estate firm Nested, DC is the fourth most expensive rental city in the U.S. and sixth most expensive globally (among 72 cities worldwide). seanamic.com purchase viagra online With the … Continue reading →
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 →
According to Investopedia, of the retailers rated by Moody’s Investors Service, 13.5 percent have debt designated Data Centres Storage and buy cialis tadalafil processing of data is critical for any business and it is impossible with the use of data … Continue reading →
At $482 billion, Walmart’s overall sales are still well ahead of Amazon’s however the retail giant lags in online sales. In 2015, Walmart’s online sales were $13.7 billion compared to $107 billion for Amazon, according to
Continue reading →The Q4–2016 asking rent for Class A office in Baltimore’s CBD is $24.21/sf (full service). The availability rate for this submarket and class is 22.8 percent out of a total inventory of about 8.2 million square feet. Major lease transactions … Continue reading →
Marriott, the world’s largest hotel firm, has signed a letter of intent to lease space at 7750 Wisconsin Avenue for its headquarters where about 3,500 employees are expected to work. The planned development by Boston Properties and Bernstein Cos. is … Continue reading →