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SAN DIEGO — No city has more to lose than this one. Amid sun-drenched palm trees and crashing waves from the Pacific Ocean, this Southern California paradise would seem more likely to inspire a sense of serenity than fear or dread. But San Diego's notch at the far southwestern edge of the 1,954-mile American-Mexican border places the city directly in the crosshairs of President-elect Donald Trump's campaign pledge to deport up to 11 million undocumented immigrants. If Trump were to make good on that seismic promise, one aftershock would be severe damage to the U.S. economy along the border. 
San Diego could very well be ground zero. From construction to tourism to hospitality, industry and labor in the city is fueled in large measure by a group of people who Trump derides as “criminals,” “rapists” or “bad hombres.” While…
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27 Eleven Property Sold, Clearing Way For Mixed-Use Redevelopment
Paydar Properties has purchased 27 Eleven from CSW Development. The sale paves the way for the site to potentially become a mixed-use development with a mid-rise multifamily community. JLL managing director Scott LaMontagne and associate Michael Gonzalez led the seller…
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Texas Schools Reap Rewards of H-E-B Grocery War Dominance With $100M Donation
The love affair between H-E-B and Texas just got deeper with the announcement of a $100M donation to Texas education from the grocery store chain's CEO, Charles Butt. The money will be used to create the Holdsworth Center for Texas…
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TIAA Division Opens New Office To Spend Billions In Southeast U.S., Latin AmericaA division of TIAA, one of the world's largest real estate investment managers, is putting shopping centers in the southeastern U.S. and Latin America high on its shopping list. 
TH Real Estate — the third-party investment management platform of TIAA Asset Management — will focus on urban and neighborhood retail centers in the Southeast this year as part of its expected outlay of billions in equity and debt for…
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CRE Money Managers 215% More Confident In Infrastructure Allocations This YearAs the U.S. nears its longest period of economic recovery ever, top commercial real estate executives are eyeing infrastructure investments as an untapped market for yields this year. In its second annual Real Confidence Executive Index survey, CRE advisory firm Altus Group dissected the real estate preferences of 65 top CRE executives from private equity firms and REITs. The survey provided each exec with a hypothetical $1B and asked how he/she would invest it into a portfolio using both private/public equity and debt to produce the highest returns possible in one year. |
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These Are The Top 6 Premium Office Markets In The WorldCompanies in the world's most expensive office markets are paying upward of $130/SF per year, a pretty penny that only a fraction of corporations can afford. But these firms are paying a premium for more than mere office space. They're buying into the world's most influential and connected cities that house some of the largest corporations and deepest talent pools. Using its Premium Office Rent Tracker to compare premium office costs internationally, JLL found these six markets are the top premium markets in the world. (All stats as of Q4 2016) |
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