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
The business of renting out real estate properties is often confused as simply being an aspect of the business of investing in real estate. But make no mistake, when one buys a property and rent it out a person is now effectively running a business and in order to protect...
Commercial property owners and management firms are seeking new ways to maximize profits and property valuation. Energy use is often the largest single line item on an expense statement. As such the paper represents a range of opportunities for minimizing operating expenses, increasing net operating income, improving tenant satisfaction and...
In addition to making sure the lease and both landlord's and tenant's insurance policies adequately address what will happen when disaster strikes, landlords and tenants should have an emergency plan in place and keep copies of lists containing the names, addresses and both work and home phone numbers of all...
Property insurance carried by shopping center landlords is designed to provide, the amount of money required by the landlord to restore the common area and building improvements in compliance with all codes and regulations, and to replace up to one year of abated effective rent pending the resumption of tenant...
This study explores the impact of the privatization trend toward creating high quality office and industrial investments for the real estate marketplace. A hypothetical DOD tenant is used to explore the implications of the new regulations on the real estate market. This study posits that large office and industrial park...
This is a case study that shows that a tenant may not have to pay full rent for the month it went into bankruptcy, even though it continues to use the leased property. A case involved bankrupt tenants under numerous unexpired non-residential leases in which the annual rent was payable...
Retail continues to outperform other real estate sectors in nearly all major markets, and single-tenant retail buildings. The Portland office market is showing signs that the worst is over. Article conveys that landlords are competing for tenants not only by slashing their rental rates, but also by offering more money...
Driven by the desire to improve internal operations and advance tenant services, real estate companies are seizing upon engineering marvels to advance in the new age. Companies will not be competitive if they do not integrate technology into the fabric of their business, at all levels. From the way they...
One year after the tragic attacks of September 11, much of the American real estate community has attempted to return to business as usual. Yet, it is clear the events of last year have significantly impacted and changed the industry. The impact of the tragedy on the downtown Manhattan commercial...
For shell-shocked property owners, managers and insurance professionals, the bad news about mold is liability and legislation concerns have yet to hit bottom-and the culprit is water damage. Landscaping design errors in both residential and commercial properties can contribute to mold growth as well. Any structure with water leaks, water...
This article illustrates an example of Real-estate entrepreneur who stunned a gathering of 300-plus developers, brokers and academics, when he told them how the company got a big check for constructing an office building. He told that somebody just paid EOP $85 million not to build a building that they...
Due to the constraints being placed on capital spending because of the recession and reduced earnings expectations, major capital expenditures such as lease obligations are, and have been, put off into the future. As an owner of real estate this is very good result due to the fact that a...
The major goal of federal telecommunications deregulation was to stimulate competition in the industry by removing government regulation. The result for publicly traded real estate companies has been a boom in communications choices for tenants. It revolves around the collection of sales or use taxes on remote sales, including sales...
Real estate has always been and will continue to be cyclical. The market, and the economy, is good now, but it cannot last forever. It is only a matter of time before the market turns and a bankrupt tenant, or its trustee or creditors, mounts a legal challenge to a...
CB Richard Ellis announced today that it arranged a 15-year, 39,864 s/f lease at 1501 Broadway on behalf of London-based The Regus Group, which operates full-service business centers worldwide. Paramount Leasehold is the landlord and the asking rent was $69 psf. "Regus is opening a new...
Strengthens leadership position by combining U.S. tenant representation expertise with global platform and Corporate Solutions business CHICAGO and DALLAS, June 16 /PRNewswire-FirstCall/ -- Jones Lang LaSalle Incorporated , the world's leading financial and professional services firm specializing in real estate, and The Staubach Company, the leading real...
NORDIC BUSINESS REPORT-12 June 2008-Danish property developer Sjaelso Gruppen A/S sells land to IkeaC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Danish property developer Sjaelso Gruppen A/S (OMX Copenhagen:SJGR) said on Thursday (12 June) that it has sold a site in Skejby, near Aarhus in Denmark, to the Swedish furniture group...
With the relocation of the Maryland Insurance Administration from its Mount Vernon office to St. Paul Plaza, a 28-story office tower a few blocks to the south, the state agency has committed to keeping about 300 jobs in Baltimore's central business district, the building's owner said. ...
In an effort to expand its green and sustainability practices, Advance Realty Group has accepted the Building Owners and Managers Association International's 7-Point Challenge that asks members of the real estate community to accept the plan as part of everyday business practices. The challenge includes goals for building...
