Gangnam Style
Korea’s most expensive officetels (multi-purpose buildings with residential and commercial units) are located in Seoul’s Gangnam district with prices as high as $434/sf,
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Cincinnati Office Building Sale
On December 11, Neyer Properties purchased two downtown Cincinnati Class A office buildings (Centennial Plaza I & III) in auction for $3.5 million, according to Commercial Property Executive. The seller, New Boston Centennial, paid $13 million for the properties in 1999. Centennial … Continue reading →
Retail Rates in Premium Indian Malls on Par With U.S. Rates
Rental rates at premium Indian malls such as the Palladium (Mumbai), DLF Emporio (Guargaon) and Select Citywalk (New Delhi) range from 4200 to 7200 rupees/sf/year ($77.28–$132/sf/year), according to The New York The victim also needs to notify his doctor if … Continue reading →
Transbay Tower
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 →
DC Chief Tax Appraiser Resigns
Tony George, DC’s chief tax appraiser resigned on Monday after questions were raised about settlements that lowered the proposed assessments of hundreds of commercial properties by $2.6 billion, It is a well-known and indisputable fact that people who are having … Continue reading →
Amazon.com to Buy Seattle HQ Building
Amazon.com will spend over $1 billion to purchase 11 buildings (1.8 million square feet) in Seattle’s South Lake Union district for its corporate headquarters, according This Food & Drug Administration approved medication has succeeded to win hearts sildenafil samples of … Continue reading →
DC Retail Numbers
Retail property rents within a one mile radius of Dupont Circle range from 19.50/sf to 150/sf, with the average at 50.30/sf. Year-to-date net absorption Lower the risks purchase cheap cialis learningworksca.org of kidney stone to avoid impotency. It is more … Continue reading →
Fed to Include CoStar Index in Flow of Funds Accounts
CoStar Group’s Commercial Repeat Sale Indicies (CCRSI) will be included in the Federal Reserve’s “Flow of Funds Accounts of the United States” report beginning with the June 2012 issue, according to MarketWatch. The Fed’s Flow of Funds (FOF) accounts analyze … Continue reading →
Inaccurate CRE Appraisals
The New York Times cites a report by KC Conway of Colliers International showing that commercial real estate appraisals are consistently inaccurate. Of the 2,076 properties studied, 64 percent were appraised above the sale price by a total of $1.4 … Continue reading →
CoStar Leaseback
The Washington Business Journal recognized CoStar Group’s leaseback of its Washington headquarters building at 1331 L Street NW as the Best Real Estate Deal of 2011 in the Urban Office Sale category, according to MarketWatch. The 169,429sf Class A building … Continue reading →