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Commercial Property
UK stock market factors to watch on November 19
Nov. 19 (Reuters) - Britain's FTSE 100 Index (.FTSE) is expected to open higher with futures contracts rising 0.50% on Friday.* KINGFISHER: UK home improvement retailer Kingfisher (KGF.L) is forecasting full-year profit at the top of the…
Can I avoid paying capital gains on my home sale?
Q. Do you escape capital gains tax if you immediately put the money from the sale in another home?- SellerA. No one wants to pay tax on the sale of a house.Depending on the specifics of your situation, you may not have to pay anything at…
Adaptive reuse in commercial real estate
By Brian JohnsonPresident 2021Santa Barbara Real Estate Association
Adaptive reuse is not a new concept in commercial real estate. It is the practice of taking an existing building and reassigning it to a new use. It!-->…
Not just digital: FAANGs also take a big bite out of real estate
FAANG is an acronym for this group of the largest of the major publicly traded technology companies comprising Facebook (NASDAQ: FB), Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), Netflix (NASDAQ:…
Alleghany Corporation announces third quarter 2021 and issues letter to shareholders
NEW YORK, November 4, 2021 / PRNewswire / - Alleghany Corporation (NYSE: Y) today announced financial results for the third quarter ended September 30, 2021. A full full text press release for Alleghany's third quarter 2021 results is…
Niagara Falls Budget Suggested | New
Falls Mayor Robert Restaino unveiled a proposed municipal budget for 2022 that would increase spending by $…
Bloomington to see property tax revenues change in 2022 | Bloomington
Fluctuations in the market value of residential and commercial properties in Bloomington will be reflected…
Blotting: Patchogue man arrested for CFA, brawl breaks out at Greenport wedding
Southold Town Police Headquarters in Peconic. (Credit: Grant Parpan)…
Louisville Plans to Purchase Old AT&T Downtown Building for New LMPD Headquarters | New
LOUISVILLE, Ky. (WDRB) - The Louisville Metropolitan Government has reached an agreement to purchase the…
Embrey acquires Retreat at Chelsea Park in Selma, TX
Embrey's purchase of the high-quality 280-unit property built in 2006 closed on October 27 in a sale negotiated by Patton jones from Newmark. Embrey will benefit from the privileged location of the community along the I-35 corridor in…
Wisconsin Assembly to Vote on Workers’ Housing Bills
MADISON, Wis. (AP) - The Wisconsin Assembly is due to vote Tuesday on a package of bills introduced by Republicans and the state's building and real estate sectors as a way to create more affordable housing for workers, reduce regulations…
Vacancy ordinance explored to reduce number of empty buildings | News, Sports, Jobs
City officials have started considering a vacancy ordinance that would target owners of commercial buildings / land who have usually shown no intention of developing them.
The…
The $ 70 million corner of Collins Street offers an opportunity
Despite its past steeped in history, it's what the future holds for property that will be of most interest to potential buyers. Comprising 2,658 m² of rental space on a basement, ground floor, mezzanine and first level, the…
Canadian National Railways and Theseus Pharmaceuticals see action from activist investors
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These disclosures come from 13D filed with the Securities and Exchange Commission. 13Ds are deposited within 10 days of an entity reaching more than 5% in any class of a…
3 major commercial real estate projects to start next year in Koronadal
KORONADAL CITY (MindaNews / October 21) - The city government is preparing for the development from next year of three large commercial real estate projects here by the private sector.
City mayor Eliordo Ogena said…
Ares Commercial Real Estate Corporation expects earnings release and conference call for the third…
NEW YORK--(COMMERCIAL THREAD) - Ares Commercial Real Estate Corporation (the "Company") (NYSE: ACRE) announced today that it will release results for the third quarter ended September 30, 2021 on Wednesday, November 3, 2021 before…
The redesign of the streetscape of the energy corridor attracts curious stakeholders
Cindy Majouirk found it hard to contain her enthusiasm. Granite Properties, Inc.'s senior property manager went from easel to easel, quizzing the consultants on what she was seeing and getting the details of every dot, color, dash and…
Shelby County Four-Year Property Reassessment Cycle Approved
The State Equalization Board on Wednesday approved a four-year property reassessment cycle for Shelby County, ending Shelby County assessor Melvin Burgess's hopes of moving to a cycle two years.Approval of the four-year plan, which is what…
“Insatiable demand” for warehouse space
Credit: (AP Photo / Jenny Kane)May 18, 2021: A warehouse in New Jersey; industrial space under construction, almost all of which was for warehouses, reached 13.9 million square feet in the last quarter, compared to 13.4 million in the…
Prop 120 will lower property taxes – at least for some
Colorado's residential property taxes are already among the lowest in the country, but a measure on the 2021 statewide poll would lower them even more - for some. Proposition 120, if approved by voters, would reduce property tax assessment…
Arthur J. Gallagher & Co. acquires SeaCoast Underwriters, Inc.
ROLLING PRAIRIES, Ill., October 11, 2021 / PRNewswire / - Arthur J. Gallagher & Co. today announced that its U.S. wholesale, enforcement and program brokerage division, Risk Placement Services, Inc. (RPS), has acquired Lake Mary,…
Voting measures target property taxes, child care income | Politics
A right-wing group wants Colorado voters to approve two voting measures…
Featured Commercial Real Estate: Front Porch on Auburn Avenue Seeks Local and Regional Restaurant…
The entrance porch on Auburn Avenue is Atlanta's newest mixed-use development, offering approximately 30,000 square feet of retail space within walking distance of the Beltline's Eastside Trail, bustling Edgewood Avenue and Georgia…
Neighborhood residents versus more apartments nearby; city approves the rezoning of the Willow…
Some Enid residents oppose plans to build more apartments near their…
Mortgage Contracting Services appoints Craig Torrance as CEO
Chad Mosley will continue to serve as President of MCS as an industry leader expanding its services into existing and new markets.LEWISVILLE, Texas, October 7, 2021 / PRNewswire / - Mortgage Contracting Services (MCS), a national provider…
BP takes over a New York start-up that transforms buildings into “virtual power…
BP has strengthened its growing presence in the electricity sector with the acquisition of Blueprint Power, an American distributed technology start-up that aims to transform commercial buildings into âvirtual power…
How the all-electric, all-digital transformation is paving the way for future success
Annick VilleneuveNorthampton, MA --News Direct-- Schneider ElectricThanks to the electrification and digitalization of properties, today's real estate investors, owners and operators can achieve these ambitions and make their facilities…
Benefits of landscaping for your commercial property
No matter what type of business you run, a good first impression goes a long way. The way your business is presented can determine how professional you look, and that doesn't always mean having a stylish website and accurately…
Healthcare real estate investor takes over massive Stemmons skyscraper
A Wisconsin-based medical real estate company has purchased the largest office building in the Dallas Stemmons Freeway corridor northwest of downtown.The 20-story Trinity Towers at Stemmons Freeway and Inwood Road are adjacent to the…
LBX Investments purchases Evergreen Plaza shopping center in Lormax Stern, Fortress
The property also serves as a case study illustrating the evolution of the commercial real estate market over the past decades. Opened in 1952, Evergreen Plaza was the country's first regional mall and became America's second indoor mall…
SUNDAY EDITION | Louisville Hopes New Kentucky Law Will Help Transform Vacant and Abandoned Homes |…
LOUISVILLE, Ky. (WDRB) - Grabbing a cracked cement slab, Kevin Manring barely has to pull before it…
Castaneda Restaurant Ready to Open in New Bear Valley Mall in Hesperia
The kitchen's cooks were actively chopping produce and reviewing recipes on Thursday as they prepared for the opening of Castaneda's Mexican restaurant in Hesperia. "We hope to open this weekend, but we still have a lot of work to do,"…
‘Proudly serving since 1888’ | Chroniclers
"Proudly in service since 1888."It just says it on the side of all of our new fire apparatus, and we really…
European Bank Adds Suburban Philadelphia Hub to ‘Office as Destination’ Strategy
French banking giant BNP Paribas has chosen the route of small American towns, opening a new hub about 160 km from New York in Chesterbrook, Pennsylvania. The suburban campus does not report the plans of the…
Major Buckhead Roads and Sidewalks to Begin Soon
As fall approaches, so will a series of major construction projects that, over the next few months, will begin to transform the streets and sidewalks of Lenox, North Buckhead and Buckhead Village.
A widening of Piedmont Road, a new…
Dallas-area office market still burdened with millions of feet of sublet space
Two large sublet office blocks that were put on the market in downtown Dallas added to the number of surplus retail locations in North Texas.Sublease offices marketed by Uber in the Deep Ellum area and Omnitracs in downtown Dallas have…
The ‘visionary’ leader changed the trajectory of Christopher Newport University
Paul Trible - visionary, great showman, eternal optimist - is retiring from the academic institution he has run for a quarter of a century. His distinctive imprint will remain for decades at…
Upcoming improvements to Jackson Park following the sale of municipal property
JACKSON, Mich. (WLNS) - On September 28, Jackson City Council held a meeting and voted to sell vacant commercial properties on the 900 block of N. West Avenue to Absolute Net Properties for $ 1.5 million of dollars. With this…
Top Australian Real Estate Actors are Denita Wawn, Phil Pearce, David Harrison, Peter Allen, Ming…
2. Phil PearceThe Asian logistics platform ESR caused a stir when it entered the Australian market in 2017. Pearce, a former AMP Capital executive, later led the Goodman Group operations in China. Over the next four years, agreement after…
Corvus Insurance Welcomes Madhu Tadikonda as Chairman
Former AIG Chief Underwriter Joins Corvus at Major Growth Point for CompanyBOSTON, September 28, 2021- (BUSINESS WIRE) - Corvus Insurance, the leading provider of intelligent business insurance products powered by AI-powered risk data,…
Editorial: Slowly move towards affordable housing deal on Morrison Drive | Editorials
At first glance, the idea of ââCharleston County using part of its…
Global Commercial Insurance Industry to 2028 – Adoption of advanced technology in commercial…
DUBLIN, September 27, 2021- (BUSINESS WIRE) - The report "Commercial Insurance Market by Type, Company Size, Distribution Channel and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2028" has been added to…
Brevard Commercial Properties Tackle Illegal Waste
Ralph Perrone Sr. started doing a bit of detective work and what is like diving into dumpsters to find out who put their trash in the big bins outside of his commercial properties.It could be a receipt with someone's name, a cardboard box…
County Council Holds Hearing on Possible Noise Ordinance | national news
ELKTON - The county council debated on Tuesday the possibility of a new county-wide noise ordinance.Some…
Briefs
BRIEFSNaples Real Estate Fair: "Modify real estate contracts"James D. York PA, a local real estate agent, hosts realtors Michael and Morgan York of Downing Frye Realty's York real estate group. The show is called "SWFL Real Estate…
Polar Park’s Left Field building approved for $ 3 million in tax relief
The City of Worcester's $ 2.9 million tax break for Madison Properties' 121,000 square foot mixed-use building adjacent to the $ 160 million Polar Park baseball stadium in Worcester, received the final state…
Captive insurance people move the news
Risk Strategies has appointed Jim Schmidt as the Business Line Manager for the company's operations in the Western region.In his new role at the national…
New Second Avenue redevelopment renderings seek to retain historic character
A new redevelopment proposal for four historic Second Avenue buildings devastated in a bomb explosion on Christmas Day in Nashville would connect the riverside street while trying to preserve as many historic architectural features as…
Have you seen our new commercial real estate newsletter?
We've launched our brand new commercial real estate newsletter and it's better than ever. BusinessLive Journalist Coreena Ford, which specializes in commercial real estate, fully curates the newsletter that drops straight to your inbox!-->…
Home buying boom has pushed up the value of global real estate assets by 5% in 2020
The insatiable appetite for home buying last year saw the world's real estate assets - the world's largest store of wealth - jump 5% in value to an all-time high in 2020, according to a released report Wednesday by Savills. Last!--
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Asian investment remains “very strong” in Sydney despite the COVID-19 epidemic
Strong Asian investments in commercial real estate are driving a seven-figure sales run in the stranded Sydney neighborhood, supported by a bullish residential market and unwavering confidence in the country's post-pandemic…
The Changing Face of Moss Landing
MOSS LANDING - Weathered by age and sea, rusty railings mark the way to Bay Fresh Seafoods, a one-room shop where fourth-generation Moss Landing fisherman Jerid Rold has just arrived with a twisted transport hagfish - one of his few yet…
Do investors like warehouses… and shopping centers? – Daily news
âBubble Watchâ explores trends that may indicate upcoming economic and / or housing market problems.
Buzz: Two of the hottest niches in commercial real estate in August are competitors looking to profit…
How do rents and real estate prices evolve? – Councilor Forbes
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors.
New York real estate…
Vacant Bakersfield storefronts take a closer look | New
Forgotten commercial spaces are poised to gain much more attention as part of one of the city's new…
Rental Fees Rise With New Rancho Villa Ownership, Sparking Concern For Many Residents | Business
An almost immediate 10% increase in rental fees to the prefabricated housing community of Rancho Villa came…
Empire State Building tenants go through real estate crisis
Since the start of the pandemic, much has been written about its effects on commercial real estate, particularly in New York City. With the rise of the delta variant and concerns about the current phase of the pandemic, a!-->…
After recall, Gavin Newsom’s next big win is against the NIMBYs
Gavin Newsom will remain, but not the single-family zoning.
Photo: Liz…
Nebraska Furniture Mart Could Recover $ 1.5 Million From Kansas City, Kansas In “Dark Store” Battle…
Nebraska Furniture Mart, one of the region's busiest retailers, is set to get a refund for the property taxes it paid at its Kansas City, Kansas location after winning an appeal with a tax board in…
Commercial Property: Tighes Hill 1A Elizabeth Street “Grand Prize” Auction | Newcastle…
news, property, The commercial sector of Newcastle's property market appears largely untouched by the latest foreclosure, with agents reporting strong selling activity. Luke Rutledge of Colliers Newcastle told the Newcastle Herald that…
Ludhiana MC tightens the noose around delinquencies and fraudsters
Those who have not paid property tax or tried to evade it by filling in the wrong categories are now on Ludhiana MC's radar.
Tightening the noose around delinquencies and property tax evaders, the municipality launched a…
Houston County, Minnesota has two communities that receive small town grants
HOUSTON COUNTY, Minnesota (WXOW) - Two communities in Houston County have just received a portion of $ 19 million in grants for small town projects. Residents of the Town of Hokah receive $ 721,625 and the Town of La…
Middlesex Street revival underway – Lowell Sun
LOWELL - Not so long ago, Lower Middlesex Street was full of abandoned and dilapidated properties.
It still has a long way to go, but thanks to a number of developers and companies keen to invest in the region's future, as well as public…
Brady Sullivan buys DOT buildings near downtown, beating town
The decaying Department of Transportation complex sandwiched between Loudon Road and the Concord Coach bus terminal has sat vacant for years, greeting motorists with glimpses of low-rise buildings with broken windows, peeling paint and…
Increase in commercial taxes + Village being hired
Hello, OPRF! Letâs get to today's headlines. First of all, the weather forecast for the day: Rain in the evening and at night. High: 88 Low: 73. Here are the best stories in Oak Park-River Forest today: 1. Oak Park…
Angry fans think Disney Genie debut is “the best Universal Studios commercial ever”
If you're a Disney Parks fan, you've probably spent the last few days pondering the many changes that are coming soon to Disneyland Resort in Anaheim, California, and Walt Disney World Resort in Orlando, Florida. Many of these changes…
The PIC is on the track to acquire commercial property
The Public Investment Corporation (PIC) - deemed the largest single investor in SA's commercial real estate sector - continues to make major investments in the sector despite the significant negative impact of the Covid-19 pandemic on the…
Is there a real estate crash coming up? – Daily bulletin
One of the advantages of a five-decade tenure in an industry is hindsight. Yes, it's always crystal clear!
Unfortunately, looking to the future is a bit more murky. Every January we are festooned with economic forecasts from academics.…
Real Estate & Construction Files – August 2021
Goodwill opens donation center in West Richland
Goodwill Industries of the Columbia Inc. has opened a new assisted donation center at 3250 Kennedy Road in West Richland.
The center has a covered area for customers as well as a loading…
Michael Long: Burlington property revaluation is in shambles
This commentary is from Michael Long, a retired English teacher who has lived in Burlington since 1975.
Burlington's property taxes are an unfair mess. Reassessment aims to change valuations to make them fairer as the market changes…
Westfield Shrinking Mall portfolio shows industry division
Large real estate owners are looking to unload more malls through sales or by allowing lenders to take over, thereby sidelining a recovery in the mall sector as more Americans get vaccinated.
Global shopping center…
Multifamily market optimism prevails despite pandemic disruptions | Allen Matkins
Despite the move to the suburbs and falling rental rates, Allen Matkins / UCLA Anderson predicts that panelists in the California commercial real estate survey are optimistic about the next three years in the multi-family housing…
The couple behind American Beech and the transformation of Stirling Square
Brent Pelton, left, and Alex Vinash in Stirling Square, the Greenport property they've transformed in recent years. (Credit: David Benthal)
Generally, it may or may not be true that…
COVID-19 has changed the way banks understand tenant risk
What impact has COVID-19 had on the banking sector? A question that has been explored from every angle over the past fifteen months, since the first global confinement led to a financial crisis.
There are…
Local business buys office, medical and commercial buildings in Rancho Santa Fe for $ 19.5 million
Part of the Rancho Santa Fe Professional Center, 6002-6 El Tordo. Photo credit: Courtesy of CBRE
Real estate firm Gildred Development Company purchased the five-building Rancho Santa Fe Professional Center for $ 19.5 million.…
What is the virtual space in Commercial Property?
Virtual Space Investment is an investment in non-lockable areas or spaces. Virtual space is as good as any other commercial property like a lockable space. The difference being that the investor / owner receives possession (keys) of a…
The Horton family and SWART receive the honors of the July construction site
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July 18, 2021
Cheryl King | Green Thumb Garden Club
(Left): Brenda Carter (far left) and Shirley Grigg (far right) members of the…
Real business: Olivet International pays $ 14.75 million for the Stribling building in Rogers
A 274,312 square foot industrial property in Rogers recently changed hands for $ 14.75 million.
California consumer products supplier Olivet International Inc., through its 1603 N. 35th Street LLC, purchased the 23.3 acre warehouse /…
$ 539 million budget wins switch to Providence for fiscal year 2022
PROVIDENCE - City council gave final approval to Providence's budget on Thursday night, unanimously passing a $ 539 million spending plan for the new fiscal year that began July 1.The new budget does not increase property taxes and…
Developer Hines considers Fort Worth industrial project
Houston-based developer Hines is heading to North Fort Worth for their next Dallas-Fort Worth project.In recent years, Hines has increased its industrial building footprint in North Texas.The commercial real estate company recently sold a…
Carmody law firm moves Stamford offices to city center building
STAMFORD - Carmody Torrance Sandak & Hennessey law firm is relocating local offices to downtown from 707 Summer St. to 1055 Washington Blvd.Carmody signed a "long-term" lease for 19,241 square feet at 1055 Washington, which is a…
Rebecca Yerger, Memory Lane: The Sterling Residence in Napa: An Architectural Rarity | History
Sterling has sailed several times to China and Asia as well as to the West Indies. Gregory added: "It was also his privilege to travel around the world, a journey that lasted nine months and twenty-six days."But Sterling put his life as a…
Sarasota County Commission to Consider 6 Newtown Redevelopment Proposals
SARASOTA - The Sarasota County commission is expected to choose from six proposals on Tuesday from developers looking to buy a plot of more than 114 acres in the county and build affordable, mixed-income housing on the land. The proposals…
Investment in commercial real estate in Ireland is expected to reach € 4 billion in 2021
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Global real estate consultant JLL, who tracks transactions in the investment market in Ireland, reports this week that ⬠1.5 billion in investment deals were…
Vacant New Braunfels School Campus Hosts Fire Training Exercises | Community alert
This week, law enforcement and emergency services are running live training scenarios on the old campus of…