This may well be the year that property owners in secondary and tertiary markets get a chance to cash in on the spending spree of the nation's largest publicly held REITs and real estate operating companies.
National Real Estate Investor
With the Dow Jones Industrial Average hitting record highs, home prices rebounding and interest rates remaining low, the question now is how long it will take the office market to catch up to the recovery.
National Real Estate Investor
Looking for proof that the retail real estate industry is in a better place than it was even a year ago? New development is no longer a distant pipedream, but a tangible possibility as industry players begin conceiving new projects.
Outlook brighter for sales of Portland businessesOregon BusinessMuch like residential real estate that finally seems to be regaining ground lost during the recession, sales of businesses are also seeing modest improvement according to data from BizBuySell.com, the largest online marketplace of businesses for sale.
Costar
Two big deals last week will reshape the commercial mortgage servicing arena and likely affect the outcome of billions of dollars in properties.
Will Building Boom End the Party for Apt. Investors?CostarApartment developers and investors likely can look forward to enjoying another year or two of high occupancy and pricing power in a strengthening economy. But the music may stop by 2015 when the full brunt from the growing wave of new supply is expected to be felt across U.S. markets.
Eugene's Broadway Place sold for $18MOregon BusinessBroadway Place is composed of 170 high-end apartments and 14,000 square feet of first-floor retail space, housed in two buildings on both sides of West Broadway between Charnelton and Lincoln streets, at the west end of the downtown
Portland Business Journal
The 89,000-square-foot store will employ about 200 people and will feature a pharmacy, Starbucks cafe, some groceries, beer and wine, clothing, household items and other goods.