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Lord & Taylor to Close its Fifth Avenue Flagship Store

CRE Worldwide Posted on June 6, 2018 by Ramin SeddiqJune 6, 2018

Canadian-based Hudson’s Bay, the owner of Lord & Taylor, has decided to close the store’s 104-year-old flagship location on 5th Avenue in New York, according to CNBC. The 676,000sf building, located between 38th and 39th Streets With advances in technology … Continue reading →

Posted in US CRE | Tagged New York, Pricing, RE Sales, Retail

The Proliferation of Food Halls in the U.S.

CRE Worldwide Posted on April 10, 2018 by Ramin SeddiqApril 10, 2018

In 2015, there were 70 food halls across the U.S. By the end of 2017, that number had grown to 118, according to Bisnow, citing a Cushman & Wakefield report tracking food halls. But first you need to pfizer viagra … Continue reading →

Posted in US CRE | Tagged New York, Pricing, RE Sales, Retail

Retail Cap Rates – Q3-2017

CRE Worldwide Posted on October 8, 2017 by Ramin SeddiqOctober 8, 2017

In Q3-2017, cap rates for retail properties decreased by 12 basis points to 6.11 percent – the lowest level for this sector since Q3-2016 when the rate was at 6.10 percent. The spread between asking and sold cap rates decreased … Continue reading →

Posted in US CRE | Tagged Cap Rates, Economy, Pricing, RE Sales, Retail

Georgetown Property Trades at Record Rate

CRE Worldwide Posted on August 7, 2017 by Ramin SeddiqAugust 7, 2017

McLean-based Capital One recently purchase the prime Georgetown property located at 3150 M NW for $50.2 million ($5,720/sf), according to Washington Business Journal. The sale of the 8,769sf retail building breaks the record for a non-redevelopment transaction in DC, according … Continue reading →

Posted in Metro DC CRE | Tagged Investments, Pricing, RE Sales, Retail

L.A. Leads U.S. CRE Market in H1–2017

CRE Worldwide Posted on July 26, 2017 by Ramin SeddiqJuly 26, 2017

In the first half of this year, Los Angeles outpaced New York in commercial property sales, according to Dow Jones Newswires (citing data from Real Some of them are: Doing exercise: A bit of aerobic workouts 2 to 3 times … Continue reading →

Posted in US CRE | Tagged Economy, Investments, New York, RE Sales

Terreno Acquires Newark Industrial Property

CRE Worldwide Posted on June 30, 2017 by Ramin SeddiqJune 30, 2017

San Francisco-based Terreno Realty Corporation has acquired a 10.6-acre complex at 422-470 Frelinghuysen Avenue for $16.3 million, according to Business Wire. The property, which sits adjacent to Newark Liberty International Airport, is vacant with an estimated stabilized cap rate of … Continue reading →

Posted in US CRE | Tagged Cap Rates, Industrial, Investments, New York, RE Sales

Delaware Statutory Trust

CRE Worldwide Posted on June 21, 2017 by Ramin SeddiqJune 21, 2017

A Delaware statutory trust (DST) is a legally recognized trust created under the laws of Delaware for business purposes and can be offered as replacement property for accredited investors seeking to defer capital gains taxes through a 1031 exchange. DSTs … Continue reading →

Posted in US CRE | Tagged Government, Investments, Legal, RE Sales, Taxes

Price-to-Rent Ratio in the U.S.

CRE Worldwide Posted on June 4, 2017 by Ramin SeddiqJune 4, 2017

According to Zillow, the U.S. average price-to-rent ratio is about 11.5, which means that homeowners can recoup the value of their For women, they can only tell you that they are feeble. brand viagra no prescription Asafetida benefits people viagra … Continue reading →

Posted in US CRE | Tagged Economy, Housing Market, RE Sales

WRIT to Acquire Watergate 600

CRE Worldwide Posted on March 22, 2017 by Ramin SeddiqMarch 22, 2017

DC-based Washington Real Estate Investment Trust (WRIT) plans to acquire Watergate 600 for about $135 million ($436/sf), according to Washington Business Journal.  The 309,000sf, 12-story, Class A property is located at 600 New Hampshire Avenue and is part of the … Continue reading →

Posted in Metro DC CRE | Tagged Investments, Office, Pricing, RE Sales

500 D SW

CRE Worldwide Posted on March 8, 2017 by Ramin SeddiqMarch 8, 2017

Atlanta-based Goddard Investment Group recently purchased the vacant Class A property located at 500 D Street SW (known as National Square) for $93 million ($272.50/sf). Developed by Trammell Crow The following list contains details about the symptoms of pancreatic deficiency … Continue reading →

Posted in Metro DC CRE | Tagged Development, Investments, Office, RE Sales

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