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National Real Estate Investor
July 23, 2003
Parke Chapman
New York's Strategic Value A Cornerstone of CBRE/Insignia Merger With the merger between CB Richard Ellis and Insignia finalized, a new brokerage kingdom now rules New York City. mark for My Articles similar articles
National Real Estate Investor
March 1, 2003
Parke Chapman
Today the World, Tomorrow New York The storm came from the south, but the seismic force in commercial real estate came from the west. On Feb. 18, LA-based CB Richard Ellis announced a deal to buy Gotham's top brokerage, Insignia Financial Group, for $415 million. mark for My Articles similar articles
National Real Estate Investor
July 23, 2003
On the Merger, Off The Record Several Manhattan-based real estate executives were queried on the impact of the now finalized merger between CB Richard Ellis and Insignia/ESG. None of the sources, save one, were anxious to go on the record. Here are some of their comments. mark for My Articles similar articles
National Real Estate Investor
April 16, 2003
Parke Chapman
New leases chip away at lower Manhattan's vacancies More than 600,000 sq. ft. of office space in lower Manhattan was leased this week, pushing the downtown market's vacancy rate below 13% for the first time in a year. Two large leasing deals were responsible for the positive trend. mark for My Articles similar articles
National Real Estate Investor
April 1, 2004
Parke Chapman
Boutique -vs- Behemoth When CB Richard Ellis acquired Insignia Financial Group last summer, the heavily publicized deal brought together two of the nation's largest commercial brokerages under one roof mark for My Articles similar articles
National Real Estate Investor
January 1, 2003
A View From The Summit The problems facing commercial real estate CEOs at the dawn of 2003 are daunting. NREI tracked down five prominent CEOs to find out how they are handling the challenges facing their companies, their markets and commercial real estate in general. mark for My Articles similar articles
National Real Estate Investor
July 23, 2003
Parke Chapman
CBRE CEO Wirta on Merger: Size Brings Competitive Advantage Effective today, Ray Wirta is CEO of a bolstered real estate services juggernaut as the official merger between CB Richard Ellis and Insignia/ESG was formalized this morning. For Wirta, who is based in CBRE's Los Angeles headquarters, the merger is clearly a strategic victory. mark for My Articles similar articles
National Real Estate Investor
January 1, 2006
Parke M. Chapman
Ground Zero Waiting Game Above-market asking rents and political bickering over Ground Zero's future are foiling developer Larry Silverstein in his quest to fill the $700 million 7 World Trade Center building. As of late December, just 40,000 of the total 1.7 million sq. ft. was leased. mark for My Articles similar articles
National Real Estate Investor
June 1, 2005
Parke Chapman
Drowning in Data Legions of analysts and data gatherers now provide a steady flow of information about occupancies, asking rents, sales per square foot, and so on for all markets and classes of commercial real estate. If this is transparency, it is of a highly murky vintage. mark for My Articles similar articles
National Real Estate Investor
February 1, 2003
Chapman & Valley
The Sublease Overhang: A 124 Million Sq. Ft. Headache When will vacancy rates return to normal and asking rents stop falling? The answer very much depends on how quickly the office market can clear out a whopping 124 million sq. ft. of sublease space -- about 25% of the total available space nationwide. mark for My Articles similar articles
National Real Estate Investor
September 30, 2003
Parke Chapman
Key CBRE Brokers Defect To Cushman & Wakefield Two of CB Richard Ellis' strongest sales brokers have jumped ship to Cushman & Wakefield only days after another key CBRE broker, Woody Heller, defected to tenant rep firm Studley. mark for My Articles similar articles
National Real Estate Investor
January 7, 2004
Two CBRE Brokers Move to Cushman & Wakefield and JRT Two CB Richard Ellis brokers have moved to rival firms. Steven Strati, formerly a senior vice president and leasing broker at CBRE, is now a senior director at Cushman & Wakefield's Midtown Manhattan office. Meanwhile, CBRE broker Melissa Bazar has left the firm to join JRT. mark for My Articles similar articles
National Real Estate Investor
April 1, 2006
Parke M. Chapman
Full-Service Giants Bulk Up Within the past two decades, the nation's largest real estate brokerages have formed a variety of new service lines that include asset management, appraisal, consulting and mortgage financing. mark for My Articles similar articles
National Real Estate Investor
October 1, 2002
Jessica Miller
Better Days Ahead? It's been a rough year for Grubb & Ellis. On Sept. 6, the stock hit a 52-week low of $1.20 -- less than one-fourth of its value a year ago. Maybe the next 12 months will be better. mark for My Articles similar articles
National Real Estate Investor
November 1, 2004
Parke Chapman
Midtown Manhattan: A Pillar of Strength The real estate market in Manhattan is finally emerging from a three-year slump. Office leasing is on the rise, hotel vacancy rates are tightening and luxury retailers are flocking to Fifth Avenue's midtown shopping corridor. mark for My Articles similar articles
National Real Estate Investor
December 1, 2002
Jessica Miller
Office Properties: The Worst Could Be Ahead After hotels, the office sector is the biggest victim of the soft economy. And unlike the retail, industrial and multifamily sectors, experts predict that office fundamentals will continue to crumble before improvement begins some time in 2004. mark for My Articles similar articles
National Real Estate Investor
March 1, 2005
Parke Chapman
Breaking Away Last month, top-grossing CB Richard Ellis sales broker Bill Palmer officially left the company, closing a stellar 18-year run with the Sacramento, Calif., office of CBRE. The move underscores the challenge of retaining top brokerage talent in one of the hottest investment sales markets in history. mark for My Articles similar articles
National Real Estate Investor
May 27, 2003
Parke Chapman
Chicago's CBD Vacancies Decline, But Troubles Persist Chicago's CBD office vacancy declined by almost half a percentage point during the first quarter, according to a report from CB Richard Ellis. Within the next few months, several large tenants will vacate substantial chunks of space. mark for My Articles similar articles
National Real Estate Investor
April 1, 2003
Parke Chapman
A Supply Glut In the Office Sector Over the past two years, as office markets softened, industry pundits predicted that things would not get as bad as they did in the last recession because this time the market was not overbuilt. It looks like they were wrong. mark for My Articles similar articles
National Real Estate Investor
September 23, 2003
Parke Chapman
Top Sales Broker Moves to Studley Two months after CB Richard Ellis bought Insignia/ESG, a star Insignia sales broker has jumped ship. Woody Heller, who only worked at Insignia/ESG since April 2002, will now join tenant rep firm Julien Studley. mark for My Articles similar articles
Commercial Investment Real Estate
Jul/Aug 2008
Stephanie Bell
A+ Strategies B and C office properties graduate to full occupancy with these marketing approaches. mark for My Articles similar articles
National Real Estate Investor
April 1, 2005
Parke Chapman
Brokerages Benefit by Selling Frenzy Demand for real estate product not only benefitted sellers in 2004, but it also proved to be a boon for the nation's largest commercial real estate brokerages... Notable Deals... Ranking Changes... etc. mark for My Articles similar articles
National Real Estate Investor
January 1, 2006
Jennifer Dawson
Re-Energizing Houston Although the energy industry in Houston is enjoying a resurgence, the office sector continues to lag the broader economic recovery with a metro vacancy rate of nearly 18%. But increasingly the market appears poised for a major turnaround. mark for My Articles similar articles
National Real Estate Investor
March 1, 2005
Matt Hudgins
Fear of Commitment In an era of short production cycles and rapidly changing business models, the new mantra in corporate real estate is flexibility, which is often equal to, if not more important than, achieving the lowest occupancy cost. mark for My Articles similar articles
National Real Estate Investor
February 24, 2004
Parke Chapman
NREI Exclusive: High-Level Investment Sales Team Moves from Cushman & Wakefield to CBRE A quartet of top-producing real estate sales brokers has left Cushman & Wakefield to join rival brokerage firm CB Richard Ellis. mark for My Articles similar articles
National Real Estate Investor
August 25, 2003
Four Insignia Brokers Move To Rival Firm With the CB Richard Ellis/Insignia merger only one month old, four Insignia investment sales brokers have joined real estate investment banking firm Rockwood Realty Associates. mark for My Articles similar articles
National Real Estate Investor
July 1, 2004
Walter Woods
When Will Atlanta Rise Again? While Atlanta's fundamentals continue to lag, the city is adding more structures to its famous skyline. Some new inventory has already come on line in early 2004, including the first of many possible towers at the Atlantic Station. mark for My Articles similar articles
National Real Estate Investor
January 1, 2005
Parke Chapman
Office Glut at Ground Zero The jury decision on insurance liability for the World Trade Center could clear the way for five new office towers to be developed around Ground Zero in a larger plan that could cost as much as $9 billion. mark for My Articles similar articles
National Real Estate Investor
September 1, 2004
Matt Valley
A New Era for Cushman & Wakefield It is precisely that combination of business savvy and leadership ability that has vaulted the 46-year-old Mosler to the top executive spot at New York-based Cushman & Wakefield. mark for My Articles similar articles
National Real Estate Investor
January 1, 2003
Bennett Voyles
A Sky-High Tax Increase Still reeling from the recession and the terrorist attacks on the World Trade Center, the New York real estate industry now faces one more blow: an 18.5% increase in the city's real property tax. mark for My Articles similar articles
National Real Estate Investor
January 19, 2004
Parke Chapman
PricewaterhouseCoopers Subleases 800,000 Sq. Ft. in Manhattan's 300 Madison PricewaterhouseCoopers has signed a long-term sublease for 800,000 sq. ft. at Brookfield Properties' 300 Madison Avenue building. The $800 million deal is believed to be one of Manhattan's largest leasing transactions since 2001. mark for My Articles similar articles
Commercial Investment Real Estate
Jul/Aug 2004
Smart Leasing Strategies Learn how office landlords are attracting tenants in slow markets. mark for My Articles similar articles
National Real Estate Investor
January 1, 2006
Clarification A November article on the purchase of Royal LePage Commercial by Cushman & Wakefield should have stated that as a result of the acquisition, Cushman & Wakefield claims it will become the most dominant brokerage in North America based on deal volume per broker. mark for My Articles similar articles
Commercial Investment Real Estate
Jul/Aug 2007
Jennifer Norbut
Today's Office Tenets Commercial real estate professionals share insights on leasing philosophies in their local markets. mark for My Articles similar articles
National Real Estate Investor
May 1, 2005
Parke Chapman
Finally, An Uptick in Office Rents Average rents nationally rose by 0.7% to hit $20.25 per sq. ft., up from $20.11 per sq. ft. at the end of 2004. In reality, scores of major office markets are still limping, and some won't make a full recovery for several years to come. mark for My Articles similar articles
National Real Estate Investor
October 1, 2002
Margy Sweeney
Chicago's `Long, Flat Bottom' Downtown Chicago continues to bustle with construction activity. This is a good sign and also a scary one. mark for My Articles similar articles
National Real Estate Investor
November 1, 2002
Christine Perez
Pocket of Prosperity When Craig Hall began developing his first office building in Hall Office Park five years ago, there wasn't even a road that led to his 142-acre site in Frisco, a bedroom community about 25 miles north of Dallas -- now one of America's fastest-growing cities. mark for My Articles similar articles
National Real Estate Investor
October 1, 2005
Joe Gose
The Office Investment Gamble Several office markets battered by the tech wreck that jolted Wall Street and led to a recession four years ago are still plagued by double-digit vacancies. But that hasn't fazed investors, who are generally paying more for properties today than they were in 2001 when the buildings were filled with tenants. mark for My Articles similar articles
National Real Estate Investor
July 1, 2004
Gallagher, Kelpe & Kerckhoff
Lone Cowboys Fade Away There's a subtle shift occurring in the real estate brokerage industry. While a majority of brokers are still going it alone, many brokers are forming teams to meet the growing needs of their clients. mark for My Articles similar articles
National Real Estate Investor
December 17, 2002
Parke Chapman
Midtown Manhattan office building could fetch $1 billion Another Class-A office building in Midtown Manhattan is on the market. Located on 52nd Street in the heart of Midtown near Rockefeller Center, 666 Fifth Ave. could command bids as high as $1 billion, or more than $600 per sq. ft. mark for My Articles similar articles
National Real Estate Investor
September 1, 2006
H. Lee Murphy
A Taxing Situation Everyone loves to complain about high taxes -- it's practically the national sport. But for Chicago office building owners, the complaints ring particularly true. mark for My Articles similar articles
Commercial Investment Real Estate
Jul/Aug 2005
Jeffrey S. Weil
All Tenants All the Time Landlords and brokers marketing available office space should develop a clear understanding of the tenant rep's role and build strong relationships with these professionals. mark for My Articles similar articles
Commercial Investment Real Estate
Jul/Aug 2003
Gretchen Pienta
Got Space? Leasing pros share their top tips for securing tenants in today's market. mark for My Articles similar articles
National Real Estate Investor
March 1, 2005
Ten to Watch Larry Silverstein, President and CEO, Silverstein Properties... Mike Bush, Executive Director, Project Real Estate Associate Program (REAP)... Michael Depatie, CEO of Real Estate, Kimpton Group Holding LLC... etc. mark for My Articles similar articles
National Real Estate Investor
February 19, 2003
CB Richard Ellis to acquire Insignia Financial Group CB Richard Ellis has announced it has entered into a definitive agreement to acquire Insignia Financial Group Inc. for $11 per share of common stock in cash, plus the potential for incremental consideration. mark for My Articles similar articles
National Real Estate Investor
October 1, 2007
Correction: Correction to the reported amounted of space that CB Richard Ellis manages globally. mark for My Articles similar articles
National Real Estate Investor
November 5, 2002
Parke Chapman
Report: Manhattan office sales volume up 14% Manhattan's office sales market is booming despite a sluggish leasing climate that has kept vacancy high. mark for My Articles similar articles
National Real Estate Investor
June 1, 2011
Michele Lerner
Office Investment Magnet Experts believe Washington, D.C.'s real estate fundamentals are in place to keep the local office market healthy for the remainder of 2011. mark for My Articles similar articles
National Real Estate Investor
November 1, 2002
Jessica Miller
Office Fundamentals Continue to Crumble Climbing vacancies and a sluggish leasing market continue to dog the national office market. mark for My Articles similar articles
National Real Estate Investor
November 1, 2002
Matt Valley Editor
New office supply is like rubbing salt into the wound Many real estate brokers, developers, and lenders say this is a demand-driven recession, that the industry didn't overbuild this time. The reality is it's also a supply problem in two of the historically biggest job-growth markets, Atlanta and Dallas. mark for My Articles similar articles