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Colored-curtain wall mosaics, standalone big-box retail and LEED, in a way, are some trends that are becoming passé in CRE and residential real estate, MG2's Mark Griffith tells GlobeSt.com.
NAI Partners recently shared market highlights and trends across all property types, and pointed to the firm's recently released sublease index as a significant indicator of the health of the marketplace.
Other steps it is taking include placing seven parcels of non-income producing land in Virginia and North Carolina on the market and closing its South Carolina office.
“Commercial property values have, for the most part, been steady, but performance depends on the type of property,” says Green Street Advisors' Peter Rothemund.
Nearly two-thirds of participants in Levin Management's retail survey say it has become harder to find qualified candidates for jobs they are trying to fill, and employee pressure for higher wages and better benefits is rising.
Originally developed in 1920, Emeryville Public Market underwent renovations in 1988 and 2017, and will consist of 167,770 square feet that is anchored by a gourmet food hall and national/regional tenants.
And on development projects that have failed to meet their pro formas, that's exactly what we're seeing, says veteran real estate attorney Y. David Scharf.