Blog Archive

All Aboard!

Giovanni Cordoves

How Light Rail is Luring Workers and Driving Commercial Real Estate For millennials, who make up over 30% of today’s workforce, the advantages of owning a car are dwindling. Today’s young talent wants to be in areas that offer live, work, play environments, where things are often within walking distance—or, at most, an easy ride … Read More

How The Office Impacts Employee
Recruitment and Retention

David Zamudio

More than one million jobs have been added since the election, bringing the unemployment rate to 4.3%–a 16-year low. These strong employment figures have expedited the shift in the “war for talent”, characterized by intense competition for top and highly-skilled professionals. In fact, according to a US News article, 40% of employers claim they are … Read More

Portland’s Iconic Commonwealth Building
Evolves Into A New Classic

An Interview with Clint Copulos

Downtown Portland’s bustling Technology Triangle — a growing village of creative and technology companies — has just polished up its most alluring gem. The Commonwealth Building (421 SW 6th Avenue, between Washington and Stark Streets) is a Class A commercial office property that features 14 stories  and over 224,000 square feet, all encased in a … Read More

Automation’s Impact on CRE

Ken Robertson

The 21st Century Technology Revolution has had a profound global impact—touching nearly every aspect of our lives. Machine intelligence is disrupting the marketplace and rendering traditional businesses irrelevant. Netflix vs. Blockbuster. Instagram vs. Kodak. Uber vs. taxi services. The list goes on. Machine intelligence is helping companies streamline operations, improve communication, and support business functions … Read More

KBS Transacts $1 Billion Loan For REIT III

An interview with Rob Durand

KBS’ largest financing transaction in its history — for its REIT III — is signed, sealed, and delivered. Rob Durand, EVP of finance, attributes the financing team’s success to the building of great relationships with the largest lenders in the country. “It’s been a pretty exciting process,” he says. “We’ve been putting this together since … Read More

Why “Off the Beaten Track” Is
Now The Yellow Brick Road

An interview with Marc DeLuca

Non-gateway downtowns are the new golden ticket We’re at the point in the investment cycle where heads are turning toward non-gateway cities, says KBS eastern region president Marc DeLuca. The reason: record pricing in traditional gateway cities, driven mostly by foreign investors who are fleeing a deflationary environment in their home countries and turning to … Read More

Turtle Creek Scores Big with Tenants

Each year, KBS engages Kingsley Associates to perform an independent survey benchmarking tenant satisfaction in our buildings.  We think of it as a reality check, telling us how we’re doing as a landlord, and how our property management professionals are meeting the needs of our customers. Property managers are ranked in multiple categories, the sum … Read More

Young Talent Driving CRE Trends

Brent Carroll

The commercial real estate industry has seen many different trends—trading in big box stores for savvy boutiques; shutting the doors of brick-and-mortars and plunging into the e-commerce world; and not to mention, the explosion of 24/7 micro markets popping up across the country. These trends are driven primarily by demographic behavior. And in the current … Read More

Remote Technology
Makes Waves in the Office Space

Ken Robertson

Cushman & Wakefield’s Che Kit Ho recently posted a fascinating article about Singapore’s Smart Nation program—a high-tech initiative that will employ better technology and smarter apps and data aimed to improve day-to-day city life.  Think self-driving vehicles, assistive technologies and robotics, and even digital public service. Driving this initiative is an incredibly sophisticated data-rich map, … Read More

Technology at the Helm

Mimi Nguyen

Technology is improving information algorithms and changing the way we do business. The commercial real estate sector is hot with activity — closing nearly $490 billion in transactions in 2016 alone, according to Real Capital Analytics. But from where we sit, there are many benefits to new technology infiltrating lending/due diligence processes, but there are … Read More