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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

Running on Empty 

The road is clear. Lenders have given the green light. Office investors sit in the driver’s seat, poised to push the transaction pedal to the metal. The road is clear. Lenders have given the green light. Office investors sit in

Success Stories 

During the past six months, commercial real estate capital has re entered the market after almost a two year absence. Capital providers are eager to deploy their funds. They are increasingly inclined to consider speculative leasing, secondary markets, sub institutional

Receivership 101 

The gloomy news about the real estate recession continues to pour in. Trepp recently confirmed that the current commercial mortgage backed securities delinquency rate is the highest in its history. Commercial mortgage defaults likely will continue at staggering levels in

International Beat 

Russia's Big Deal Pharmstandart recently purchased the 62,700 sm Northern Tower Business Center in Moscow for an estimated $260 million. This was the region&rsquo s largest transaction since 4Q09, according to Cushman & Wakefield. Moscow office properties traded in 11

Market Trends 

Briefly Noted Hospitality — Hampered by lack of construction financing, new hotel supply is projected at 1.7 percent for 2010 and 1.3 percent annually for 2011 and 2012, according to Lodging Econometrics. The modest increases will aid hospitality’s recovery, allowing

Office Detours: A Regional Roundup 

The September October 2010 cover story, “Running on Empty,” examines the recovery of the office investment market in light of the struggling economy and other factors. The following roundup of regional office markets in the U.S. gives voice to some

Redefining GSA Leases 

While few see an upside to the down economy, this turbulent cycle has prompted many commercial real estate companies to evaluate the efficiency of their business processes. The federal government is no exception. Earlier this year, the U.S. General Services

ReFocus on the Future 

CCIM Members This final column as your CCIM Institute president ends a challenging but exciting year. Many markets are starting to bounce back. Property is becoming more attractive and gaining attention from a diverse group of investors, according to the

CCIM Connections Continued 

In the September October issue of CIRE, CCIMs talk about the CCIM education course or concept that has meant the most to them. Here, other members continue that discussion. By far, the course that has provided repeated and consistent rewards

CCIM Connections 

From the core program to the many elective courses, the institute&rsquo s educational offerings give designees the knowledge and practical skills to compete in a difficult market. As Maggie Gorden, CCIM, notes, &ldquo The courses are demanding, but the rewards

Deal Makers 

The Biggest Deal Christopher J. Brown, CCIM, of Avison Young in Toronto represented Canadian Bank in the 15 year, more than $100 million lease of 170,000 sf of office space in Toronto from an undisclosed lessor. CCIM ROI "MailBridge gives

Choosing a Defeasance Consultant 

With commercial real estate credit markets slowly beginning to thaw, borrowers are beginning to explore the costs and requirements associated with exiting existing real estate debt. If the loan has been sold into a commercial mortgage backed securitization, borrowers will

The Big Fix 

Deferred maintenance in commercial real estate properties poses a significant challenge for market participants over the next several years. While nonrecourse lenders may suffer the most in the short term, this issue will be a serious consideration for property owners,

Buyers Guide 

The Smartphone Graduates Sprint is the first major wireless carrier to introduce 4G service with the HTC Evo 4G, a smartphone that operates with Google&rsquo s Android system. Where Sprint&rsquo s 4G service is available, users can browse and download

Make It Rain! 

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The Google Solution 

“As a sole practitioner, I’ve searched for the best way to sync e mail, contacts, and calendars on my desktop, laptop, and smartphone,” says Joel Kahn, CCIM, owner of Equity Alliance in Bedford, N.H., and senior technology consultant with CCIM

High-Profile Designation 

CCIM Institute understands that its members are facing greater challenges than ever before. That&rsquo s why the institute has invested time and resources into refining its image, improving and expanding member benefits, and extending the reach of the CCIM brand

High-Vacancy High-Wire Act 

As the nation continues its jobless recovery, all commercial real estate sectors are suffering. However, many market experts thought multifamily demand would pick up by midyear &mdash the result of more robust job creation. &ldquo But the numbers from the

Landlord Strategies for Handling Rent Relief Requests 

The ongoing recession has had a profound impact on commercial real estate throughout the United States More and more landlords and tenants are struggling to survive. As a result, most property managers have noticed a significant uptick in the number

Time to Share? 

Has your e mail message ever bounced back because the file attachment was too large? At one time, a CD ROM disk sent via carrier pigeon might have been the fastest way to circumvent this problem &mdash especially if a

Prepare to Work Out 

In the past two years, many businesses and individuals have sought relief from contract obligations entered into during better times. They have received much advice on how to proceed to work out their difficulties. To those of you on the