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CURRENT NEWS AND INFORMATION
The global economy may still be in dire straights, but if demand for rental office space is any signal, things could be looking up. Asian cities saw particularly strong growth, most notably in China where a housing and construction bubble continues to be one of the main economic drivers.
Assessments for some Summerland commercial properties were up by more than 30 per cent over last year's figures.
The old Associated Sand & Gravel site in Everett near Paine Field will be home to a 25-acre industrial park.
The lines for coffee and snacks are about to get a lot longer in downtown Sunnyvale.
The Pratt City Commission is expected to approve an annexation agreement in two weeks that will pave the way for local businessman Dale Withers to develop an industrial park opposite Walmart on U.S. 54.
NEWPORT BEACH, Calif., Feb. 2, 2012 /PRNewswire/ --Â Griffin-American Healthcare REIT II (formerly known as Grubb & Ellis Healthcare REIT II) announced today that it has acquired three medical office buildings ...
You'd think that investors would be leery of companies that own and manage commercial real estate. Vacancy rates remain elevated in office buildings and shopping centers. Except for apartment buildings, rents really haven't grown at all in four years. And given the possibility that the global economy may retrench yet again, things could still get worse before they get better.
THE Cebu City Office of the Building Official (OBO) admitted that some buildings in the city are vulnerable to strong earthquakes. Acting Building Official Josefa Ylanan pointed out that even in Japan, where advance technology is used in construction projects, some buildings are still not stable enough to withstand strong earthquakes.
One of the Hartford commercial realty market's worst-kept secrets of to whom major Connecticut landlord Griffin Land & Nurseries recently sold for $16 million cash its 308,000-square-foot Manchester warehouse is no more.
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