| Sperry Van Ness to Become SVN
Commercial real estate services organization, Sperry Van Ness International Corporation, has formally changed its company brand name to SVN. The firm has offices in four countries serving 500 markets across the globe. The SVN...
| California REALTORS® disappointed FHFA did not increase Fannie Mae and Freddie Mac conforming loan limits
The California Association of Realtors® (C.A.R.) issued the following in response to the Federal Housing Finance Agency’s (FHFA) announcement to keep the 2016 maximum conforming loan limits for mortgages acquired by Fannie Ma...
| Pro Moves
Guy Ponticello / Bruce Westwood-Booth -- CBRE Capital Markets has strengthened its Corporate Capital Markets and Net Lease Property Group in the Americas with the appointments of Guy Ponticiello as Managing Director, and Bruc...
| When Black Friday Comes, It Will Be Thursday
More retailers are planning to get an early jump on Black Friday this Thanksgiving weekend. According to JLL’s just-released 2015 Holiday Sentiment Report, nearly one-third of retailers surveyed say they plan to open on Than...
| CBRE Group Inc and Real Capital Markets Introduce CBRE Deal Flow
CBRE Group Inc and Real Capital Markets (RCM) have launched CBRE Deal Flow—a new online marketplace for buying and selling commercial real estate that is powered by a customized version of RCM’s technology platform.
| Changing Law Firm Space Strategies Posing Challenges for Landlords
This report provided to us by JLL:
Despite the AmLaw 100’s revenue reaching a record $81 billion in 2014, law firms are focusing on efficiency to define their office layouts and locations. The legal sector is using creative ...
| Kidder Mathews Opens New Roseville, CA Office
Commercial real estate firm Kidder Mathews recently opened its 12th location on the West Coast in Roseville, CA, to serve the greater Sacramento area. The firm has hired 10 brokers plus marketing support staff who are all exp...
| Premier Business Centers to Offer New Concierge Service to Its Clients
Premier Business Centers, the largest privately owned executive suite operator in the US, has teamed up with Portero Concierge Inc to launch Premier Concierge Service. Powered by Portero, Premier Concierge Service will provid...
| U.S. Office Rents Growing at Fastest Pace in Seven Years
Despite the recent global volatility, tenant demand for U.S. office space remained strong in the third quarter of 2015, pushing rental rates up in three-quarters of the U.S., according to new research by Cushman & Wakefield. ...
| Draftsmen & Craftsmen
Construction has been completed on the new offices of United Mechanical Inc, located at 815 Atlantic Ave, east of Constitution Way in Alameda. Ware Malcomb provided interior design services for the project.
| Palisades Mexico Partners Launches $150 Mil Palisades Income & Growth Fund II
Palisades Mexico Partners (PMP), a joint venture between Joaquin de Monet, founder and managing principal of Palisades Capital Realty Advisors LLC, and Sergio Argüelles, president/CEO of Monterrey, Mexico-based real estate de...
| Top Tech Cities Draw Hefty Rent Premium for Office Space
Businesses looking for office space in the nation’s hottest tech markets should expect to pay a premium – and a hefty one in many of the top tech cities, according to a new research report by CBRE Group, Inc. The report, whic...
| Auction.com Facilitates $285 Mil in Sales for July 2015
Auction.com had closings on 70 commercial assets with a combined sales price of $285 mil during the month of July. The transactions included the sale of the high-profile Fisher & Kahn Buildings, a 776.5k sf historic office hi...
| California Home Sales Cool in August
Home sales remained above the 400,000 mark in August for the fifth consecutive month and rose to the highest level since October 2012. Closed escrow sales of existing, single-family detached homes in California totaled a seas...
| US Multifamily Investment Hits $127 Bil Over 1-Year Period Ending Q2 2015
Investment in U.S. multifamily reached $127 bil for the year ending Q2 2015—the highest four-quarter total in history and growth of 36% over the 12-month period, according to the latest research from CBRE. The total surpasses...
| CBRE Completes Acquisition of Johnson Control’s Global Workforce Solutions
CBRE Group Inc has acquired Johnson Controls Inc’s Global Workplace Solutions business, a market-leading provider of enterprise facilities management solutions for global corporations and other large occupiers of commercial r...
| CA Homes Sales in July Reach Highest Level in Three Years
Sustained job and income growth gave home buyers the confidence in July to jump into the California housing market, pushing home sales to their highest level in nearly three years, according to the latest data from the Califo...
| The Latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey Says that California is Booming Again
Commercial construction activity in California has risen to its highest level since 2001. Available financing, low cap rates, an increasingly high demand from technology, advertising, media and information companies, and a s...
| DJM Capital Partners Closes $200 Mil Initial funding for Its Single Tenant Net Lease Fund
DJM Capital Partners Inc has closed its initial round of funding for its $200 mil Single Tenant Net Lease Fund. Retail real estate veteran Robert Brown joined the company last year as Senior Vice President/ Acquisitions to bu...
| Proposed California Split Roll Property Tax Could Cost the Commercial Real Estate Industry $9 Bil/Year
By Rex Hime
There has been a lot of activity on Split Roll Property Tax in California this year. The proponents of removing Proposition 13 protections from commercial property have opened up several paths of attack, includi...