Commercial Real Estate | Index | Riverview Business Park | Menlo Business Park | Riverview Business Park | Commercial Property Augusta | Office Building Parks | Commercial Real Estate Wa | Warehouse Space Rental | Hotels For Sale In Nj Prominence office park getting $8M â€˜extreme makeoverâ€™ Big winners emerge when commercial property values fall Why your rent will rise again this year Former Starks building owner fought assessments before selling for $14 million RBNZ keeps eye on commerical property
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CURRENT NEWS AND INFORMATION
Investors typically sink money into upgrading the commercial properties they buy, some more than others. In the latter category, Josh Edwards, vice president of Crocker Partners, is operating in the middle of the $8 million in renovations underway at Prominence in Baymeadows.
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 average U.S. rent has climbed 14 percent to $1,124 since 2010, according to commercial property tracker Reis Inc. That's four percentage points faster than inflation, and more than double the rise in U.S. home prices over the same period. "The only relief in sight is rents in the hottest markets are going to go up at a slower pace, but they're still going to go up," says Hessam Nadji, chief ...
The Hertz Investment Group, a California company that owns office buildings around the country, pocketed $14.25 million this month when it sold the Starks building in downtown Louisville. Yet for the last two years, Hertz has been able to lower its annual property tax bill by insisting that the 14-story building is worth much less than that.
The Reserve Bank of Australia isn't the only central bank keeping a close watch on the commercial property market - its New Zealand counterpart is also keeping a nervous eye on it as well. While much of the focus of the review, and most of the focus of subsequent media reports, was on the housing market, the RBA made pointed mention of the commercial property market and its growing vulnerability ...
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Commercial Real Estate | Index | Riverview Business Park | Menlo Business Park | Riverview Business Park | Commercial Property Augusta | Office Building Parks | Commercial Real Estate Wa | Warehouse Space Rental | Hotels For Sale In NjIf 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.
Prominence office park getting $8M â€˜extreme makeoverâ€™
Big winners emerge when commercial property values fall
Why your rent will rise again this year
Former Starks building owner fought assessments before selling for $14 million
RBNZ keeps eye on commerical property