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04/10/2012 4:25 PM
Trends in the Single-Tenant Marketplace: Drug Stores are the Hot Commodity ByGarrick Brown, Regional Research Director Drug stores remain the gold standard of single tenant investments and are the most desired properties, according to the research outlined in Cassidy Turley’sNational Single Tenant Net Lease Investment Report. Several other top trends impacting the national single tenant net lease investment market showed: • While drug stores are the most desired single-tenant properties, there remains a wide gap in pricing between Walgreens and CVS properties and Rite Aids due to continued concerns over Rite Aid’s fiscal health. • Demand for single tenant investment...
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03/27/2012 10:35 AM
Sustainability continues to be a hot topic with almost everyone claiming to be some shade of green, which raises the question, “What does sustainability really mean?” In the world of commercial real estate, sustainability can be broadly categorized into two areas – construction and operations.
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03/09/2012 1:59 PM
By Kevin Thorpe, Chief Economist Since January we’ve seen consistently positive economic news – the second recent Greek bailout appears to be consummated, equity markets are rallying, new factory orders are rising, retail sales jumped up in January, copper prices are rebounding, and the recentemployment figures exceeded the most optimistic expectations. Granted, not all news is positive – in particular,Europe isn’t out of the woods yet, Federal debt will become more of a drag on the economy,oil prices are rising over tensions with Iran, and households are still deleveraging. But, there are still plenty of reasons for confidence in the...
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02/29/2012 10:12 AM
By David Lebenstein, Senior Managing Director, Principal,Not for Profit Practice Group Every non-profit’s offices and programs are supposed to help the institution fulfill its mission. But missions evolve, space needs change over time, and rents for renewals can increase beyond a non-profit’s budget – suggesting that it may be time to relocate. Moving your operations, however, is no simple task. You’ll need to assemble ateam of experts – your A-Team – to limit delays and cost overruns as well as to find the space that fits your exact needs. An A-Team should include – • Real Estate Committee – Your...
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01/30/2012 10:03 AM
The US is stuck in a slow recovery after cutting 8 million jobs during the recession. While businesses are earning record profits, they aren’t hiring many of these people back – leading to a high unemployment rate. While we all would like to see unemployment decrease, a high unemployment rate isn’t bad for commercial real estate trends.