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.
CALABASAS, CA—Tenant demand for space in the sector has exceeded new supply by an average of 16 million square feet per year since 2010, says Marcus & Millichap.
VIENNA, VA—Although retail posted the lowest property-type scores in Capital One Securities' latest survey of commercial brokers, it also saw the smallest decline in sentiment from last month.
ATLANTA—Avison Young's Sean Moynihan cautions that tenants need to examine existing leases before the new standards take effect, “a process that could take as long as 12 months.”
NEW YORK CITY—“We have more of the profile of a SEALS team or a Delta Force unit than of several battalions of the US Army,” says Newmark Grubb Knight Frank's Thom Bogle about the firm's new critical transactions platform.
NEW YORK CITY—Ely Razin, CEO of CrediFi Corp., says the launch of CredifX represents “the next generation of both financing and big data” for commercial real estate.
SINGAPORE—Anchor tenant PricewaterhouseCoopers soon will vacate the office tower bearing its name, creating re-leasing opportunities for the property's new ownership.