Like songs, every building has an audience. I once saw Eric Clapton close a great show with the song “Somewhere Over the Rainbow.” It did not work, and the same can be said for buildings. If you try to be something you are not, you will lose your audience.
Real Points
Daily Reports on Commercial Real Estate
Articles by John Alvarado
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Commercial Property SalesCurrently, the biggest detractor of value in commercial real estate is uncertainty. A parallel comparison can be made about the effect of the election. What will be the capital gains tax policy? How will fiscal policy affect interest rates? Will there be stimulus tactics that fundamentally change the attractiveness of real estate as an investment?
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OfficeAs the summer draws to a close, we are transitioning into what has historically been the most active time of the year in the investment sales arena. What we’re likely to see is a continuation of what is an already deeply fragmented market along the three asset categories I call Trophies, Tweeners, and Traumas.
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OfficeThis spring break, I’m introducing my teenage daughter Megan to one of my favorite cities in the world: San Francisco. Being a real estate geek, every trip we make includes a visit to landmark office buildings that, in my opinion, give every destination a “sense of place.” Which got me to thinking: If I were going to some of my other favorite cities, what buildings would I visit, and why?
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OfficeInvestment sales activity for the Dallas office market has more than doubled over the past year, with several properties trading hands in recent months—including the sale of the 1.4-million square foot trophy Williams Square to Atlanta-based Brookdale Group to kick off 2012.
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- Bill Sheahan Designs LLC has leased 1,033 square feet of retail space at 6969 Hillcrest Ave. in University Park. More »
