Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
“The world is transitioning into a more distributed, automated and digital economy, which impacts how occupiers conduct business and think about their workplaces,” says Mark E. Rose at Avison Young.
Double-digit drops in both groundbreakings and permitting for apartment properties brought these metrics down overall, according to federal data released Wednesday.
The properties will continue to be operated by a venture of Kayne Anderson and MB Real Estate Healthcare, which acquired them as part of 10 million square feet of medical office investments over the past four years.
The 20 VIC Management team has built “an extraordinary client base and client loyalty,” says Marla Maloney, president of Cushman & Wakefield Americas Asset Services.
Economically speaking, "I think we're still on the same trajectory we've been on for several years,” the New York Fed president told the Associated Press Monday.
The National Association of Home Builders' Robert Dietz says the current reading for builder confidence is “consistent with our forecast for a gradual strengthening in the housing market.”