By Ilaina Jonas NEW YORK (Reuters) - U.S. store closings and cutbacks turned the second quarter into the worst for strip mall owners in 30 years, as budget-conscious consumers flocked to low-cost warehouse-style grocery centers, according to a report by real ...
It's a measure of the current retail schizophrenia (and the state of business reporting, for that matter) that even as Steve & Barry's creditors are cutting them off, newspapers like the Arizona Republic are running stories headed "Cheap and chic fuels Steve & Barry's." by Lisa Everitt
Finding a source of fund for tenants is itself a challenging job. The challenge becomes even tougher if a tenant has a poor credit score. Tenants try hard to find a loan which is suitable for them and at the same time easy to repay, but fail to get one....
The Brown-Noltemeyer office portfolio consists of seven office buildings in the East End. The challenge put forth by the client was to lease major vacancies in office buildings during a down real estate market cycle. The company identified an aggressive rental rate structure that was both sensitive to prospective tenant...
A commercial property at 1125 Grand Boulevard, Kansas City, Missouri, the 20-story building consists of 205,000 square feet of space, subdivided to accommodate multiple tenants. Develop a project that creates a reliable comfort environment for building tenants. Provide an alternative funding mechanism to maximize the owner's return on investment. The...
The seven-story Windy Point Office Building encompasses 186,000 square feet of rented office space in Schaumburg, 10 minutes northwest of O'Hare Field. Tenants like having the ability to customize the comfort system to meet varying usage schedules and the close control of comfort levels in individual workspaces. A WSHP system...
Hartford Office Plaza property at 100 and 150 South Wacker Drive in Chicago was recently the site of a chiller plant makeover that provides energy source flexibility, enhanced tenant comfort, reduced operating costs, and capacity to accommodate the unique HVAC requirements of modern tenants. The Building 150 chiller plant consisted...
The seven-story building encompasses 186,000 square feet of rented office space in Schaumburg, Illinois, 10 minutes northwest of O'Hare Field. A WSHP system for the building was chosen to accommodate tenants with variable occupancy schedules and a desire to provide maximum local temperature control. The WSHP units range in size...
A commercial property at 1125 Grand Boulevard, Kansas City, Missouri. The 20-story building consists of 205,000 square feet of space subdivided to accommodate multiple tenants. Providing reliable comfort to the building's tenants was becoming an increasing challenge. Further, the design of the building's systems was not capable of properly delivering...
Hartford Office Plaza property at 100 and 150 South Wacker Drive in Chicago was recently the site of a chiller plant makeover that provides energy source flexibility, enhanced tenant comfort, reduced operating costs, and capacity to accommodate the unique HVAC requirements of modern tenants. The Building 150 chiller plant consisted...
Canterra Tower, a 46-story, 936,000-square-foot building, is one of the flagship properties for Oxford Properties Group. Facilitate Canterra Tower's business strategy by providing the expertise and service needed to manage building and security systems. Provide advanced monitoring and control of building systems, meet multiple tenants' needs and reduce operating costs....
Westland Investment Realty, LLC, and Energy Trust of Oregon, Inc. together installed energy-efficient windows, insulation, and compact fluorescent bulbs in the 49 units at Rachel Anne Apartments with help from Energy Trust incentives. In a competitive rental market, it can be difficult for older apartment complexes to attract tenants. Not...
The Owens Illinois building in downtown Toledo is a 28-story office building that more than dominates the Toledo skyline. Replace the obsolete voice activation portion of the fire alarm system, and address the growing limitations of the access control system. Integrate the older technology in the facility while, at the...
Since its completion in 1912, 14 Wall Street in Manhattan's financial district has been a 37-story monument to American Capitalism and financial leadership. It is a fully occupied building with tenants ranging from business offices to a four-star restaurant. To stay competitive in the cutthroat real estate market, the building...
Place Ville Marie PVM is known for its rotating rooftop beacon that illuminates downtown Montreal by night. Since the complex was first erected, Johnson Controls had been under contract with its previous owners to service and maintain the heating, ventilation, and air conditioning equipment. In 1990, the existing controls systems...
Is one a tenant with poor credit score? Does one need loans? One can avail poor credit tenant loans that are available online now. All sorts of poor credit scorers including CCJs, IVAs, arrears, defaults, bankruptcy can avail these loans. With these loans, a tenant with poor credit score can...
Finding a source of fund for tenants is itself a challenging job. The challenge becomes even tougher if a tenant has a poor credit score. Tenants try hard to find a loan which is suitable for them and at the same time easy to repay, but fail to get one....
This Commercial Lease Agreement ("Lease") is made and effective [Date], by and between [Landlord] ("Landlord") and [Tenant] ("Tenant"). Landlord is the owner of land and improvements commonly known and numbered as [Address of Building] and legally described as follows (the "Building"): [Legal Description of Building] Landlord makes available for lease...
Because of competition you have decided to lower the rent. Then you must inform this good news to your tenant. Here is a template that will help you out in writing a letter to tenant.
