Sales of commercial properties in Manhattan plummet

Investment in commercial properties in Manhattan plummeted during the second quarter of this year. Sales dropped 60%, to about $5.6 billion, according to The Wall Street Journal. The average number... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJul 17th, 2017

L.A. commercial property sales decline but total surpasses slumping Manhattan

Sales of commercial properties in Los Angeles.....»»

Category: topSource: latimesJul 27th, 2017

Godrej Properties H1 sales bookings beat blues, jump 3-fold at Rs 2,809 cr

Of the total sales bookings, Godrej said the commercial segment contributed Rs 275 crore and almost all of it in Godrej BKC project in Mumbai.....»»

Category: topSource: business-standardNov 5th, 2017

Manhattan landlord expands Long Island City portfolio

Himmel & Meringoff Properties is expanding its Long Island City office portfolio. The firm, which owns roughly 2 million square feet of commercial space in the city, acquired a six-story,... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJun 15th, 2017

Sales Of Ultra-Luxury Homes In Greenwich Continue To Plummet

It used to be that low state income taxes and practically non-existent property taxes, at least compared the neighboring county of Westchester in New York, was more than enough to lure Manhattan's hedge fund billionaires out to Greenwich, CT. .....»»

Category: blogSource: zerohedgeJun 2nd, 2017

Pre-leased commercial space sales up 17 per cent in first quarter

Real estate investors are shifting to pre-leased commercial assets from residential properties.....»»

Category: topSource: business-standardApr 5th, 2017

Steady Pricing Gains Seen in Lower End of Market as Top-End Sales Slow

The first release of CoStar Commercial Repeat-Sale Indices (CCRSI) data for 2017 showed pricing of lower-priced CRE properties moving back into positive territory during January, helping offset an ong.....»»

Category: realestateSource: costarMar 2nd, 2017

Morning Roundup: Sedgwick County home value rose in 2016; Kansas tax collections beat February estimates by $37M

Sedgwick County h o me value rose in 2016 Fifty percent of Sedgwick County residential properties rose in appraised value last year. According to a Wichita Eagle report, the median home sales price jumped nearly $5,100. Commercial property value als.....»»

Category: topSource: bizjournalsMar 2nd, 2017

List Leaders: The biggest commercial property sales in 2016

For big commercial property sales, 2016 was another big year. In all, the year had three properties sell for more than $100 million and the No. 25 deal was almost $43 million. Regarding the top five, three of the properties are located in downtown Min.....»»

Category: topSource: bizjournalsFeb 24th, 2017

Ground wars: Surging property values are upending commercial landlords" ground leases

As the city's largest commercial landlord, SL Green is used to plunking down huge sums for prime Manhattan properties. It paid $2.3 billion in 2015 to purchase a Madison Square Park building that... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 1st, 2017

Selling points: SDG closes on Washington Heights building for $18M, CBRE team sells Newark office tower

SDG Management SDG closes on Washington Heights building for $18M SDG Management, a Manhattan-based commercial real estate management, sales and acquisition firm, has purchased a six-story building in Washington Heights for $18 million or $264 per square .....»»

Category: realestateSource: realestateweeklyDec 14th, 2016

Here"s where Ballantyne sale ranked among top U.S. office deals in 2017

The nearly $1.2 billion sale of most of Ballantyne Corporate Park last year easily blew Charlotte's commercial real estate sales record out of the water. But it was not only a noteworthy deal for the Queen City — it was one of the biggest office .....»»

Category: topSource: bizjournals3 hr. 8 min. ago

Brokers See Listings as Big Challenge in 2018 Apt. Market

Pictured: Brian McAuliffe, president of institutional properties at CBRE, and head of its multifamily sales platform.The big national apartment brokerages think 2018 will be a year in which their biggest s.....»»

Category: realestateSource: costarJan 18th, 2018

Medium, heavy commercial vehicle sales on multiple-year high at 2017-end

A Tata Motors spokesperson said the domestic CV industry witnessed challenge in the initial months of FY18 due to demonetisation.....»»

Category: topSource: business-standardJan 16th, 2018

China"s property sales may finally stop growing this year, UBS says

Soaring demand for properties and a rapid build-up in debt had stoked fears in the world's second-largest economy......»»

Category: realestateSource: cnbcJan 16th, 2018

Industrial sales: 3 metro Denver properties sell for combined $51 million

The three locations total almost 500,000 square feet......»»

Category: topSource: bizjournalsJan 10th, 2018

International Trade Commission"s D.C. headquarters sells for $118.5M

Boston Properties (NYSE: BXP) has sold 500 E St. SW for $118.56 million, or about $452 per square foot, as 2018 takes shape as another active year for big-ticket investment sales. The Boston-based real estate investment trust sold 500 E St., lease.....»»

Category: topSource: bizjournalsJan 10th, 2018

Fleet modernisation proposals to boost CV sales, improve fuel efficiency

8% of overall fleet would need to be replaced if commercial vehicles above 15 yrs are scrapped.....»»

Category: topSource: business-standardJan 9th, 2018

Hot properties of 2017: Northstar community sees $6.35 million home sale (PHOTOS)

The Northstar community on the north side of Lake Tahoe saw what appears to be its biggest home sales transaction ever when an 8,000-square-foot home sold for $6.35 million in late December. Here are some details about the property known as Glades .....»»

Category: topSource: bizjournalsJan 5th, 2018

Trump Tax Bill Could Destroy Manhattan"s Falling Real Estate Sales

Real Estate brokers in New York City blame buyer uncertainty over the Trump tax bill for the recent fall in home sales......»»

Category: topSource: newsweekJan 3rd, 2018

Trump"s tax overhaul has slowed Manhattan"s real estate market even before going into full effect

Eduardo Munoz/Reuters Fourth-quarter home sales in Manhattan slumped as buyers considered the impact of the new tax law.  The Tax Cuts and Jobs Act caps the amount of state and local tax deductio.....»»

Category: topSource: businessinsiderJan 3rd, 2018