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Northern Markets Flourish in the Sunshine State 

During the past decade, north Florida's sunny cities have invested both energy and money in revitalization efforts. City and community support helped rejuvenate Ocala, located in the north central region of the Panhandle. Community raised money was used to construct

Ontario Scenario Looking Good 

In the province of Ontario—home to Canada’s largest city, Toronto, and the nation’s capital, Ottawa—many commercial property segments are expanding. "The Ontario economy appears to be on an extended period of growth with very low inflation," says Brian Hoskins, CCIM,

Ontario's Commercial Real Estate Sparkles 

Due to abundant natural resources, proximity to the United States, and population growth, Ontario, “especially from the greater Toronto area to the west, may be the best place for real estate investment dollars in Canada,” says J.S. Kewin, CCIM, of

Nothing Could Be Finer Than the Carolina Markets 

Wedged between the Appalachians and the Atlantic, North Carolina and South Carolina enjoy a strategic location that business owners find extremely attractive. Other key attributes such as strong economies, low property taxes, and relatively mild climates also have contributed to

Regional Outlook(15) 

EAST Boston Office Availability 10.1 million sf — available space at midyear 2010 51,000 — total number of employees Boston companies need to hire to fill current vacant office space Source Thompson Hennessey & Partners WEST Torrey Reserve West is

Regional Outlook(11) 

HoustonMultifamily Market SnapshotThere is ongoing multifamily construction in several submarkets. Most of the inner loop construction is midrise structures — three to four floors — with a few high rises also being built. Midrise is becoming more accepted, definitely in

New Restaurants Provide Entree Into Local Markets 

Roughly 870,000 U.S. restaurants achieve approximately $426 billion in sales annually, making them a significant part of the economy and a major retail real estate component. To break into this potentially lucrative market, brokers should be aware of current industry

Regional Outlook(7) 

Markets to Watch New Orleans &mdash Local developers are rehabbing the Cosmopolitan Hotel into Louisiana&rsquo s first condo hotel, topping the 24 room historic building with a 26 floor, 103 unit tower, just blocks from the French Quarter. Prices range

Regional Outlook(12) 

CLEVELAND Big Box BonanzaDevelopers and retailers are betting that Cleveland shoppers are ready for a big box shopping center. The 1 million square foot Steelyard Commons shopping center will be home to the first

Regional Outlook(9) 

Seattle Seattle CBD landmark Smith Tower may be transformed from a 37 story office building to 150 residential condos as owner Walton Street Capital seeks city approvals for the conversion. Walton bought Seattle’s first skyscraper in 2006 along with the

Regional Outlook(1) 

Southwest Call Out the Cavalry Troops returning to Fort Hood, Texas, have boosted central Texas&rsquo multifamily market, according to a survey by Apartment Realty Advisors in Austin. Occupancy in the Killeen Fort Hood metro averages close to 92 percent and

Regional Outlook(16) 

MIDWEST A 34 story, 1 million sf office tower is planned for Chicago’s CBD, according to Trammell Crow Co., which will be the master developer along with Insite Real Estate. Although no groundbreaking or completion date was announced, the class

REIT Cycle Poised for Upswing 

After posting impressive total annual returns of 35.8 percent in 1996 and 18.9 percent in 1997, real estate investment trust (REIT) total returns plummeted to a negative 11.4 percent during the first seven months of 1998. This sudden decline has

Regional Outlook(3) 

EASTBoston’s Slow StartBoston’s 2Q08 office market was characterized by slowing deal velocity and stabilizing metrics, with fewer tenants needing space because of the shaky economy, according to CB Richard Ellis. Vacancy in 2Q08 rose to 6.4 percent up from 5.8

Regional Report 

Across the Great Lakes State, the commercial real estate industry is taking advantage of a strong economy and a low unemployment rate. From industrial plants in the Motor City to shopping centers in Grand Rapids, most property types in Michigan

Regional Outlook(21) 

South Miami's Big DealMalaysian developer The Genting Group knows what sells deals today job creation. Its proposed $3 billion Resorts World Miami includes four hotels, more than 50 restaurants, 250,000 sf of retail, and 700,000 sf of convention space. But

Regional Outlook(27) 

EASTLuxury Development Comes to BaltimoreThe Bozzuto Group has secured $75 million to develop the Fitzgerald at UB Midtown in Baltimore. Located in the city’s Cultural District, the mixed use community will occupy 4.6 acres of land owned by the University

Recession Gnaws at Beaver State 

Oregon is a state of contradictions. Despite a strong history of logging and fur trapping — hence the nickname, the Beaver State — Oregon now offers a diverse economy based on manufacturing. Yet the state is known for its environmentalism,

The REIT Approach 

Despite the shaky performance of real estate investment trusts (REITs) on Wall Street this year, as every commercial real estate professional knows by now, they are here to stay. REITs operate in almost every leading and secondary market throughout the

REITs Rally 

An extraordinary reversal of fortune has occurred in the real estate investment trust market this year, particularly compared with the broader equity market, which has solidly outperformed the REIT market for much of the past three years. In large part,

Regional Outlook(20) 

East Boston Office Market Improves Except for three submarkets, all of Boston's CBD and suburban office markets have equalized, with Cambridge and the Back Bay showing landlord favorable conditions, according to Jones Lang LaSalle's 2Q11 report. Helped by the city's

Regional Outlook(14) 

Highlights by State Alabama In Loxley, outside Mobile, Atlanta based PEC Development Group acquired 3,900 acres for a mixed use development including multi and single family homes, retail, office, and industrial space, according to GlobeSt.com. Arkansas Close to 500,000 sf

Regional Outlook(19) 

WEST Portland’s Big Deal Out of town institutional investors have been cherry picking assets in the City of Roses to the tune of 52 commercial transactions in the last six months, according to the Portland Business Journal. In March, American

Regional Outlook 

West One of Honolulu’s largest office complexes, the two tower Bishop Square sold for $247 psf, according to James M. Brown, CCIM, SIOR, president of Hawaii Commercial Real Estate. West One of Honolulu’s largest office complexes, the two tower Bishop

Regional Outlook(17) 

SOUTH Miami closed 2010 on a high note with the sale of the ever colorful 600,000 sf Miami Tower, which sold for $105.5 million at year end, marking South Florida’s largest commercial transaction of the year. Originally the CenTrust Tower