Retail Leases Are Becoming
Much More Complicated
As retail undergoes a massive transformation, the retail lease is changing as well. Leases have become highly negotiated within the past 24 months, and landlords are providing more tenant improvement dollars and data to prospective tenants.
“There is no doubt that the leases now are highly negotiated in every tiny section,” Vestar Regional Director Jennifer Nettles said during a recent Bisnow event in San Francisco. “Are they more tenant-friendly now? Yes, they are.”
Landlords are spending more…
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Small Tech Companies Finding Niche In San Francisco Office
Large blocks of space are in high demand among Bay Area tech companies expanding into and within San Francisco, but startups and small tech companies from outside of the Bay Area are carving a niche within the city as well. Some…
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Apple Enters Healthcare With Launch Of AC Wellness
Apple has officially entered the healthcare realm. Through Apple subsidiary AC Wellness, the tech giant will offer primary-care clinics around Santa Clara County with two set to launch in spring, CNBC reports.
The clinics will initially serve Apple employees and…
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Beyond The Bio: Bisnow's 16 Questions With Real Estate Vet Collete English Dixon
This series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses and lifestyles.
Collete English Dixon spends her days grooming the next generation of industry leaders as the executive director of Roosevelt University's Marshall Bennett Institute of Real Estate, and as real estate chair of the school's Heller College of Business.
Prior to joining Roosevelt University last June, English Dixon had a storied 37-year career at PGIM Real Estate, formerly Prudential Real Estate Investors. As vice president of transactions, English Dixon led the firm's Midwest acquisition strategy, including the purchases of Chicago's 120 North LaSalle and Left Bank at Kinzie Station with Fifield Cos. English Dixon later co-led PGIM's national investment dispositions strategy, and has been involved in nearly $12B in transactional volume in her career.
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Exclusive: Blackstone's New Head Of Europe On Strategy, Technology And What He'll Be Buying When The Next Downturn Comes
Blackstone's new head of European real estate, James Seppala, is confident about the prospects for investing in Europe. Speaking at Bisnow's Follow the Money capital markets event, his first public appearance since he took the role in January, Seppala said Europe would continue to be Blackstone's top global target both this year and potentially further into the future.
“Globally, Europe is [Blackstone's] top investment destination for both our flagship opportunistic business and our growing core-plus business. We are bullish; there are areas of concern of course, but we are looking to continue to invest actively here.”
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WeWork Made $900M In Revenue In 2017, Plans To Open 200 New Locations In 2018
Artie Minson, who also serves as WeWork's chief financial officer, told Bloomberg WeWork brought in $900M in revenue last year as it opened 90 buildings around the world, including its first in South America and Paris. Because of its scale, the company…
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