Archive for the ‘Commercial Real Estate Update’ Category:

OFFICE SALES GAIN TRACTION — BUYERS EXPAND SEARCH FOR LOW-RISK PROPERTIES IN TOP MARKET

By Bruce Slaton on December 30th, 2010
by Beth Mattson-Teig Office sales are expected to gain momentum in the coming year as investors move further afield to acquire quality properties in an increasingly competitive arena. Investors made one point crystal clear in 2010. They have a voracious appetite for low-risk office properties in top markets, and they’re willing to pay a premium ... [Continue Reading]

UC DAVIS GETS $2M TO BOOST ENERGY EFFICIENCY OF COMMERCIAL BUILDINGS

By Bruce Slaton on December 30th, 2010
by Melanie Turner   The California Energy Commission on Wednesday approved almost $2 million for the University of California Davis to develop ways to increase the energy efficiency of light commercial buildings. The research represents a promising opportunity for helping the state reach its ambitious greenhouse gas and energy efficiency targets. The goal of the ... [Continue Reading]

STATE BUILDINGS SALE ON HOLD

By Bruce Slaton on December 30th, 2010
by Michael Shaw Opponents of a planned $2.3 billion sale of state office buildings won a temporary victory Monday when a state appellate court halted the deal for the 11 state-owned properties after an appeal was filed earlier in the day. The sale had been scheduled to be completed Wednesday. The Sixth District Court of ... [Continue Reading]

PROPERTY MANAGEMENT POSITIONS LEAD COMMERCIAL REAL ESTATE JOB MARKET

By Bruce Slaton on December 30th, 2010
New postings of commercial real estate positions on key job boards in 2010 have been led by property management and accounting/control positions, according to the CCIM Institute’s Career Center Job Barometer. Both industry specializations each accounted for 22% of job postings in the period of January – September 2010. California accounted for 16% of all ... [Continue Reading]

THE COMMERCIAL REAL ESTATE SECTOR: AN OVERVIEW

By Bruce Slaton on December 30th, 2010
by Jed Smith   Commercial real estate in the U.S. encompasses a wide diversity of building types and sizes. Recent problems with declining commercial space, sales and prices, stagnant and declining rents, troubled assets, and financing illiquidity began with the onset of the Great Recession. The market performance of the sector tends to lag the ... [Continue Reading]

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