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.
CANNES, FRANCE—Although he often hears that globalization is in retreat, “I see the exact opposite happening,” MIPIM keynote speaker Parag Khanna said Tuesday.
SANTA BARBARA, CA—However, Yardi Matrix says the current moderation is in line with a return to more normal rent growth that the firm forecast at the beginning of this year.
STAMFORD, CT—The founder and CEO of investment manager Waypoint Residential tells GlobeSt.com why his business model makes as much sense at this point in the cycle as it did following the Great Recession.
WASHINGTON, DC—Values across all four major property types increased during Q3; however, CoStar sees a softening in the priciest assets and markets in most of them.
CHICAGO—Although a large headquarters office may be essential, “law firms may be overlooking an opportunity to create meaningful cost savings by thinking about their space needs differently,” says Daniel Arends, who heads the national legal sector practice at Colliers.
PHOENIX—Although weakened manufacturing output and investor uncertainty could put downward pressure on spending, “we see continued positive news for the health of the construction industry,” says Julian Anderson at Rider Levett Bucknall.
DALLAS—Proceeds from the sale to building materials supplier 84 Lumber will be used “to reinvest in high quality assets more consistent with our current investment philosophy,” says Spirit Realty president Jackson Hsieh.