Commercial Real Estate | Index | Buy Commercial Land Orlando | Commercial Property Philadelphia | Office Market | Tri County Business Park | Tucson Commercial Real Estate | Space Rental | Westborough Office Park | Kentucky Property First REIT's net property income up 9.3% to $24m in Q1 Goldberg Segalla law firm doubles downtown Buffalo office space Prominence office park getting $8M â€˜extreme makeoverâ€™ Commercial real estate deals in Western New York overcome winter chills Walmart Sold at Record Cap Rate Keppel REIT's net property income down 12% to $34.6m in Q1
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CURRENT NEWS AND INFORMATION
First REIT reported that its net property income grew 9.3% year-on-year to $24.2m in the first quarter, on back of maiden contributions from its new hospital in Indonesia. First REIT's good results were supported by maiden contributions from the newly-acquired Siloam Sriwijaya in Indonesia, as well as step-up rental income from its existing properties.
Fast-growing law firm Goldberg Segalla LLP is doubling the size of its downtown Buffalo headquarters, as it consolidates two locations in the area and continues its rapid expansion around the country.
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 pace of commercial real estate deal-making in the Buffalo Niagara region this winter slowed from last yearâ€™s boom season, as even a flurry of activity last month â€“ driven mostly by one mega-deal â€“ wasnâ€™t enough to overcome the deep freeze that Februaryâ€™s snow and temperatures seemed to impose on the market.
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Keppel REIT reported that its net property income declined 12% on a year-on-year basis to $34.6m in the first quarter. The decline was mainly due to the expiry of rental support from its 87.5% interest in Ocean Financial Centre in January 2015, the absence of income contribution from Prudential Tower and the absence of rental support from Marina Bay Financial Centre Phase One. Keppel REIT's ...
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Commercial Real Estate | Index | Buy Commercial Land Orlando | Commercial Property Philadelphia | Office Market | Tri County Business Park | Tucson Commercial Real Estate | Space Rental | Westborough Office Park | Kentucky PropertyIf 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.
First REIT's net property income up 9.3% to $24m in Q1
Goldberg Segalla law firm doubles downtown Buffalo office space
Prominence office park getting $8M â€˜extreme makeoverâ€™
Commercial real estate deals in Western New York overcome winter chills
Walmart Sold at Record Cap Rate
Keppel REIT's net property income down 12% to $34.6m in Q1