Category: Office/Industrial

Tribune Media to Sell Iconic Chicago Tribune Tower

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Tribune Media Co. has announced that it will sell the iconic Tribune Tower in Chicago to CIM Group for $240MM. CIM Group, which has recently been expanding in Chicago, has agreed to pay $205Mm in cash and up to $35MM if…

Top 5 Factors Contributing to Industrial Sector growth

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This list of the top 5 factors contributing to the recent growth of the industrial sector was initially inspired by National Real Estate Investor – with our own spin on it, of course. Outsize Demand: Industrial property such as warehouses…

5 Benefits of Augmented Reality in Retail and Industrial CRE

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Since the recent Pokemon Go phenomenon, everyone has been writing about the relationship between augmented reality and commercial real estate. We were recently interviewed by CoStar News on how we see augmented reality helping (and hurting) various sectors of commercial…

How Office Spaces Are Changing and Growing For The Better

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It should be no surprise that the office market has been experiencing some great heat in terms of meeting higher demands and wants for the up and coming millennial generation.  The U.S. office market is being fueled through business expansions,…

IRR on Real Estate: The Two Sides of the Suburbs: Businesses Leaving but Millennials Moving In

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Welcome to our monthly news round-up from our friends at Integra Realty Resources and their blog, IRR on Real Estate! IRR on Real Estate: The Two Sides of the Suburbs: Businesses Leaving but Millennials Moving In Here are the news…

Negative Interest Rates and Their Positive Impact on CRE

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Negative interest rates may seem like an unfathomable possibility for some, especially because of the most recent rate hike here in the U.S. However, due to falling oil prices, some countries are turning to having depositors get paid to hold money…

Oil Prices & CRE: A Turbulent Affair

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Just when we thought prices couldn’t dip any lower, they did. The oil industry is the worst it’s been since the 1990s. The New York Times reports that the price of a barrel of oil has been cut by more…