Menashe Office Building
Won't Look Like Any Other
Menashe Properties and North Rim Development are working on a six-story building at Southwest 12th Avenue and Morrison Street. The 60k SF structure will house retail on its first floor and offices on its top five.
The building has been designed to appear white at all times, in stark contrast to the usual contemporary route of sleek black glass. This design will benefit occupants while adding a design element to the structure; the floor-to-ceiling windows on floors two through…
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Special Report: Millennial-Targeted Developments Are Too Expensive For Millennials
Across the country, developers have been racing to deliver new, highly amenitized urban apartment buildings aimed at the growing population of Millennials looking to rent. But some worry this focus on urban living has forced rents up, and the Millennials being targeted for these buildings are unable to afford them.
Since the last economic downturn, rents have risen steadily every year. In Q2, nationwide average apartment rent was $1,282, a 5.3% year-over-year rise.
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The Wait For Google Fiber Isn't Over Yet
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S.F.'s Forum Design Acquired By Portland's Ankrom Moisan Architects
Portland-based Ankrom Moisan Architects has purchased San Francisco's 10-employee Forum Design for an undisclosed price. The deal reflects AMA's desire to establish a presence in S.F.'s architectural market.
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Brexit Anniversary: 4 Weeks Later, How Have Global Markets Reacted To The Referendum Vote?
If there is one thing the global marketplace does not react well to, it's uncertainty—which is exactly what Brexit incited. But on the (roughly) one-month anniversary of Great Britain's vote to withdraw from the European Union, markets are finally stabilizing—particularly in the US.
The global financial services industry and commercial real estate sector were genuinely surprised when the June 23 results were tallied and 78% of the UK's population turned up to vote—52% in favor of leaving the EU.
The initial reaction? Uproar. Stocks plummeted and the British pound dropped to a 31-year low as the future looked bleak and the economic effect on a global scale remained uncertain. But the turmoil didn't last long.
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Though Global CRE Investments Declined In Q1, Future Outlook Remains Healthy
It's no surprise that global markets have taken a hit this year, what with the Brexit referendum that sent everything spiraling for a short time last month and China's slowdowns. Despite these shocks, global real estate capital flows appear to be keeping up with the global economy, which has outpaced CRE investments in both real and nominal terms.
In its Property Perspective Global Capital Markets report, released this month, CBRE says real estate investments remain supported by the global economy.
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Bisnow's Office Leasing & Development Series
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Seattle Sales Rep Needed: $3k Referral Fee
Quick: name a beloved, caffeine-charged Seattle institution that is famous for its highly regarded brand, amazingly adept employees and its legendary sales numbers. Of course, if you guessed Bisnow, you are absolutely correct. Now Bisnow is ground-roasted into Seattle culture, we are looking for a grande-sized outside sales rep with three to five years' experience who can do a little coffee talk with the clients. Clients are totally addicted to us, since we're the largest commercial real estate platform in North America. We are ready to offer the job java jolt of a lifetime: an extremely competitive base and commish, full healthcare benefits, and the chance to say, without irony, “coffee is for closers.” Know anyone? We're listening. If we hire them, you get three grand. That's a lotta lattes. For more information, contact Javier at Javier@bisnow.com. |
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