Commercial Real Estate | Index | Western Business Park | Commercial Real Estate For Sale | Lease Miami Office Space | Union Cross Business Park | Commercial Office Space Orlando | Ohio Commercial Real Estate | Comercial Real Estate | Houston Commercial Property For Sale Heavy snow causes Bethel roof collapse Pair of suburban office buildings drops $126M in value since 2007 First REIT's net property income up 9.3% to $24m in Q1 Parking Department needs improvement in billing, collecting money, according to city's Inspector General Fort Mill office buildings sold for $39.5 million Big winners emerge when commercial property values fall Commercial real estate deals in Western New York overcome winter chills SPH REIT's net property income up 3.7% to $40.3m in Q2 Study Finds Repealing Like-Kind Exchange Rules Would Hurt U.S. Small Businesses and Reduce GDP Commercial property investing not for faint hearted
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CURRENT NEWS AND INFORMATION
There was a partial roof collapse Wednesday at 13 Clarke Industrial Park in Bethel. The collapse occurred in the north end of a 95,000-square-foot building that also houses Sky Zone trampoline center.
A slowdown in federal spending hurt. So did a growing desire by tenants to be closer to mass transit and places with a downtown feel.
First REIT reported that its net property income grew 9.3% year-on-year to $24.2m in the first quarter, on back of maiden contributions from its new hospital in Indonesia. First REIT's good results were supported by maiden contributions from the newly-acquired Siloam Sriwijaya in Indonesia, as well as step-up rental income from its existing properties.
City Hallâ€™s new watchdog office found several problems in the Jacksonville parking department, including the failure to bill $45,000 to a company using a downtown parking garage and the department directorâ€™s improper discounting of parking rates for people attending a special event. read more
The three Class A office buildings total about 178,000 square feet, and opened in the last decade. The tenants include paper company Domtar, other corporate operations and two medical offices.
The consultant, Pearson's, recently reduced that value to $100.1 million â€“ a reduction that will save the company about $870,000 a year in property taxes.
The pace of commercial real estate deal-making in the Buffalo Niagara region this winter slowed from last yearâ€™s boom season, as even a flurry of activity last month â€“ driven mostly by one mega-deal â€“ wasnâ€™t enough to overcome the deep freeze that Februaryâ€™s snow and temperatures seemed to impose on the market.
SPH REIT reported that its net property income grew 3.7% year-on-year to $40.3m in the second quarter, on back of higher rental income in both Paragon and The Clementi Mall. The REIT manager reported that while Paragon achieved rental uplift of 11.6% for new or renewed leases in the first half of the year, The Clementi Mall recorded a negative rental reversion of 8.8% on 2.0% of total net ...
The Federation of Exchange Accommodators announced that the Section 1031 Like-Kind Exchange Coalition, of which it is a member, released a study, â€śEconomic Impact of Repealing Like-Kind Exchange Rules,â€ť which concludes that repealing the I.R.C. Section 1031 like-kind exchange rules would slow economic growth, reduce GDP and hurt many U.S. small businesses. (PRWeb March 18, 2015) Read the full ...
A fortune can be made in commercial property, but first time investors should be aware of the risks and do their research, experts say.
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Commercial Real Estate | Index | Western Business Park | Commercial Real Estate For Sale | Lease Miami Office Space | Union Cross Business Park | Commercial Office Space Orlando | Ohio Commercial Real Estate | Comercial Real Estate | Houston Commercial Property For SaleIf you want to buy or sell an office building, logistics distribution warehousing, dry storage buildings or manufacturing facilities in any area, a local Realtor will help you find the best value realty and prepare a Request for Proposal (RFP). We offer consulting services to owners, landlords and sellers, including sales market valuation and a detailed marketing proposal.
Heavy snow causes Bethel roof collapse
First REIT's net property income up 9.3% to $24m in Q1
Parking Department needs improvement in billing, collecting money, according to city's Inspector General
Fort Mill office buildings sold for $39.5 million
Big winners emerge when commercial property values fall
Commercial real estate deals in Western New York overcome winter chills
SPH REIT's net property income up 3.7% to $40.3m in Q2
Study Finds Repealing Like-Kind Exchange Rules Would Hurt U.S. Small Businesses and Reduce GDP
Commercial property investing not for faint hearted