Commercial property investing not for faint hearted Wallet squeeze: Apartment rents projected to rise again Pair of suburban office buildings drops $126M in value since 2007 Select Income REIT Announces Prorated Common Dividend Paterson business group holding seminar on commercial tax appeals Big winners emerge when commercial property values fall Demand for Tech Workers Driving Office Market Momentum, Says New CBRE Report Ranking Top 50 U.S. â€śTech Talentâ€ť Markets
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NEWS AND INFORMATION
A fortune can be made in commercial property, but first time investors should be aware of the risks and do their research, experts say.
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 ...
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.
Select Income REIT today announced a prorated common share distribution of $0.3444 per common share for the period from and including January 29, 2015 through March 31, 2015.
As the cityâ€™s businesses grapple with the impact of their proposed new property assessments, the Greater Paterson Chamber of Commerce is hosting a seminar on commercial tax appeals next week.
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.
Tech talent clustering is a growing driver of demand for office space in both large and small markets across the U.S., according to a new CBRE Research report, â€śScoring Tech Talent,â€ť which ranks 50 U.S.
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Commercial property investing not for faint hearted
Wallet squeeze: Apartment rents projected to rise again
Pair of suburban office buildings drops $126M in value since 2007
Select Income REIT Announces Prorated Common Dividend
Paterson business group holding seminar on commercial tax appeals
Big winners emerge when commercial property values fall
Demand for Tech Workers Driving Office Market Momentum, Says New CBRE Report Ranking Top 50 U.S. â€śTech Talentâ€ť Markets