Tag: Featured
Tag: Featured
Before the pandemic, we heard a lot about “location” and “live, work, play.” While those will continue to be important in the future, one of the latest terms in commercial real estate (CRE) is “smart buildings.” For perspective, studies suggest that the smart building market will grow from $66 billion in 2020 to $109 billion by 2025.
The battle is on. It’s perks & pay versus the Great Resignation.
Industrial Real Estate is currently the best performing commercial real estate (CRE) asset type, touting 44 consecutive quarters of positive net absorption. That’s according to recent forecasts, research articles, reports, and other data and analysis presented over the past couple of months. This spotlights an intriguing success story amid a pandemic that crippled so many businesses and industries.
Inflation is the economic worry of the moment, a headache that could affect commercial real estate over the coming months. But should CRE actually be seen as a hedge against inflation?
LOS ANGELES, CA (April 3rd, 2023) – KBS, one of the largest owners and operators of premier commercial real estate buildings in the nation, announces it has sold Union Bank Plaza, a 675,945 square-foot, Class A mixed-use property located in downtown Los Angeles, California. The buyer, Waterbridge Capital, purchased the asset for $104 million. In addition the buyer assumed approximately $6 million in committed capital obligations to existing tenants. Union Bank Plaza was owned by KBS Real Estate Investment Trust II.
Luke Hamagiwa serves as the market leader responsible for carrying out investment objectives throughout the Mid-Atlantic and Northeastern United States on behalf of KBS REIT, pension fund and sovereign wealth fund clients. Within these markets, he is responsible for the execution of strategic business plans for each of the assets within his portfolio along with new acquisition opportunities and joint-venture partnerships.
If you’re particular about the healthfulness, taste and quality of the foods that go into your freezer, then you may be familiar with Red’s All Natural delicious, convenient and clean-label frozen foods. This relatively young specialty brand has been winning over consumers since 2010 when Red’s frozen burritos first debuted to shoppers in New Canaan, Connecticut.
KBS Welcomes Fredrikson & Byron’s Move-In to 158,000-SF Space, Signs Two Lease Agreements at 40-Story Class A Office Tower in Downtown Minneapolis, Minnesota
In the wake of what’s transpired over the past two and a half years, workers are seeking out employers who offer flexibility and on-site amenities that support their wellbeing — all while nurturing the personal connections that fuel office culture and camaraderie.
Artificial Intelligence (AI) is both the future of commercial real estate (CRE) and a technology that’s already starting to gain users, impact, and money — lots of money. It’s all part of a vast technological transition, one where CRE artificial intelligence will impact markets of every size.
Park Central Apartments in Raleigh, North Carolina
Last year, Disney released a live-action version of “Pinocchio.” As with the 1940 animated classic, audiences were drawn into the story through the Academy Award-winning song that tells us that when we wish upon a star, “anything your heart desires will come to you.”
In an effort to merge close-knit communities with urban-style living, developers and investors have sought innovative ways to create a lifestyle setting where the opportunity to work, live, shop and play can all be found in relatively close proximity. The result has been a rise in modern mixed-use properties, which are generally a fusion of two or more uses, including commercial, residential or retail space.
The sustainable real estate market continues to expand by impressive proportions.
