Shelter From the Storm 

Editor's note You can view the tables in the e book version of this article. Now that we are several years past the credit crisis of 2008, the world is still in turmoil. The European debt crisis and unrest in

Deal Makers 

The Biggest Deal Hersh Tencer, CCIM, of the Ontario Infrastructure and Lands Corp. in Toronto represented the city of Ontario in the $76 million sale of 2.5 acres in Toronto to Menkes Developments Ltd. and the Healthcare of Ontario Pension

Employment Evolution 

As the commercial real estate market has so adeptly illustrated during the past five years, the saying "What goes up must come down" has a much broader application beyond Isaac Newton's law of gravity. This idiom has served as an

2012 Expectations and Realities 

“Relatively stable” sounds pretty good these days, and commercial real estate’s back to basics investment approach is why, for generations, individuals, institutions, and funds have invested in this asset class. There are few opportunities that involve little risk, but commercial

Self-Rental Rule 

The only thing worse than incurring a loss on investment property is incurring a loss that cannot be deducted for tax purposes. Self rental property may cause this tax result for some property owners if rental arrangements are not strategically

CCIM Connections 

Winning StrategyEmmitt Smith may be best known among sports fans as a former Dallas Cowboys powerhouse, the National Football League’s all time leading rusher, and a 2010 Pro Football Hall of Fame inductee. He may be widely recognized by reality

International Beat 

Hong Kong’s Biggest DealIn what Jones Lang LaSalle calls “the largest deal ever recorded in Hong Kong’s history,” Mapletree Investments purchased Festival Walk shopping center from Swire Pacific for $2.4 billion, as its first Hong Kong acquisition. Analysts predict it

Land of Opportunity 

It's no secret that commercial real estate in the U.S. has had its fair share of struggles as the economy gets back on track. But when compared to other parts of the world such as Europe, which is experiencing sovereign

Tuned Into the Market 

In a world where business professionals have instant access to information, some might think radio communication is a thing of the past. Not true, say listeners who tune into the “Commercial Real Estate Show,” a weekly online and on air

Distressed Opportunities 

The recent bankruptcy filing by retailer Syms signals that the distressed asset fallout is far from over in the commercial real estate market. In addition, roiling credit markets and the reduction in both commercial and residential real estate values have

Resizing or Right-Sizing? 

Corporations around the globe have been holding on to office space in anticipation of a market rebound, but that’s about to change. “A growing number of corporate property owners say they have up to 50 percent excess leased office space,”

Regional Outlook 

SouthBig Deal in Texas Warren Buffett’s favorite furniture store plans to enter the Texas market in a big way Nebraska Furniture Mart — owned by Buffett’s Berkshire Hathaway — has announced a $1.5 billion development anchored by a 546,000 sf

Utility Budgeting Made Easier 

For commercial property owners, energy budgeting is an involved and, in some cases, difficult project. Multifamily properties in particular are difficult to budget for as there are no nationwide programs to assist owners and facility managers. But budgeting for energy

The New Bottom Lines 

Cost is still the main driver when most corporations consider the future of their office space portfolios, and for good reason. But according to Johnson Controls’ recent Collaboration 2020 study, this narrow perspective signals lost opportunities in the areas of

Gearing Up 

What do you have to look forward to in 2012? More opportunities in smaller markets if current forecasts are any indication. CCIM members possess the network, skills, and tools to emerge as sought after industry leaders. With the strong foundation

The Potential Impact of Lease Accounting Changes on Corporate Real Estate Decision-Making 

The Financial Accounting Standards Board and the International Accounting Standards Board aim to create a unified set of lease accounting standards as part of a larger global convergence initiative. With the goal of improving lease information transparency and comparability, the

Commercial Calculations 

Rent, operating expenses, tax obligations, and several other economic matters are tied to the square footage of leased premises. Generally speaking, a higher square footage yields higher rent and other payments for the leased premises. Therefore, landlords and tenants often

Build Your Business Through Social Media 

Commercial real estate is all about relationships. So the industry's interest in social media — a venue where relationship building is turbocharged — should be expected. "We have gained several clients because of the exposure we received through Facebook," says

Contemporary Zoning Conflicts 

Eighty six years ago, the U.S. Supreme Court validated the practice now known as modern day zoning. Thanks to the court’s decision in Village of Euclid, Ohio v. Ambler Realty Co., 272 U.S. 365 (1926), the substantial majority of American

Market Trends 

2012 Niche Investment Prospects1. Medical office 2. Urban mixed use 3. Data centers 4. Self storage 5. Mixed–use town centers Source Emerging Trends in Real Estate 2012 survey Briefly NotedHospitality — Up to a 100 day wait for visas is

Work Smarter 

This year, the commercial real estate industry will continue to face challenges. CCIM members are looking for information that will help them save time, cut costs, and enhance their productivity. In the current economic climate, for example, retail leasing specialists