PARK to Open USA Office to Deliver Design Management and Design Leadership Services to North American Based Industries Prominence office park getting $8M â€˜extreme makeoverâ€™ Construction of multi-tenant office building set for mid-April in American Center Pair of suburban office buildings drops $126M in value since 2007 Commercial real estate deals in Western New York overcome winter chills Fitch Affirms LNR's Special Servicer Rating for Commercial Real Estate Loans Expect weak reports from hospitality REITs as hotel revenues dwindle
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NEWS AND INFORMATION
After more than 17 years supporting leading global companies throughout Europe, PARK will be launching its USA office to service North American based organizations to deliver more business and consumer value through best of class Design Management, Design Leadership & Design-led Innovation. (PRWeb April 10, 2015) Read the full story at http://www.prweb.com/releases/2015/04/prweb12641423.htm
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 35,440-square-foot building will be the final piece of St. John Properties' Madison East Business Center.Â
A slowdown in federal spending hurt. So did a growing desire by tenants to be closer to mass transit and places with a downtown feel.
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.
Fitch Ratings has affirmed the commercial loan special servicer rating of LNR Partners, LLC's at 'CSS1-'.
RevPAR fell 7% year-on-year. Hospitality REITs are expected to turn in weak numbers as the reporting season rolls in, fuelled by declines in overall hotel revenues.
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PARK to Open USA Office to Deliver Design Management and Design Leadership Services to North American Based Industries
Prominence office park getting $8M â€˜extreme makeoverâ€™
Construction of multi-tenant office building set for mid-April in American Center
Pair of suburban office buildings drops $126M in value since 2007
Commercial real estate deals in Western New York overcome winter chills
Fitch Affirms LNR's Special Servicer Rating for Commercial Real Estate Loans
Expect weak reports from hospitality REITs as hotel revenues dwindle