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Brett Widness

Brett Widness is the managing editor of Urban Land. Previously, he worked in online editorial at the Washington Post, AARP, and AOL, now part of Yahoo!

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Development and Construction
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News
In Brief: Nine Projects Transforming Boston
In July, real estate website Curbed highlighted nine significant projects including the Hub on Causeway and Fenway Center, plus two projects in the Seaport area. Several of these will be highlighted either as tours or sessions at the ULI Fall Meeting in Boston in October.
August 27, 2018
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Brett Widness
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Economy, Market & Trends
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News
In Brief: Dodge Momentum Index Increases in July
The Dodge Momentum Index, a leading indicator for construction spending for nonresidential buildings, moved 1.4 percent higher in July to 169.8 from the revised June reading of 167.3. The commercial component of the Momentum Index grew by 3.3 percent, while the institutional component fell 1.5 percent.
August 9, 2018
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Brett Widness
Economy, Market & Trends
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News
In Brief: Prime Office Rents Rise across Three Major Regions, CBRE Reports
Hong Kong Central remained the most expensive office market in the world, according to CBRE’s annual Global Prime Office Occupancy Costsreport. Hong Kong Central’s overall prime occupancy costs of US$307 per square foot (US$3,305 per sq m) per year topped the “most expensive” list, followed by London’s West End, Beijing’s Finance Street, and Hong Kong’s Kowloon.
July 23, 2018
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Brett Widness
Industrial
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News
In Brief: CBRE Finds That Increases in Prime Logistics Rents Have Accelerated Globally
Prime logistics rents increased globally during the 12 months ended March 31, accelerating their growth in many markets due to strengthening economies around the world and greater demand for distribution of goods bought both online and in stores, according to a report from CBRE. Prime rrents increased by 3.2 percent across the globe in this year’s first quarter from a year earlier, exceeding the previous 12-month period’s 2.2 percent global increase.
July 16, 2018
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Brett Widness
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Market Trends
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Finance – Capital Markets
In Brief: Industry Optimism Pulls Back Slightly in RCLCO Midyear Survey
According to a survey by RCLCO, sentiments about the real estate conditions in the U.S. remain at a relatively high level, but slightly below where they were six months ago. Just over one-half (51 percent) of RCLCO’s Mid-Year 2018 Sentiment Survey respondents say U.S. real estate market conditions are moderately or significantly better today than they were 12 months ago, five percentage points lower than in the year-end 2017 survey.
July 9, 2018
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Brett Widness
Economy, Market & Trends
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News
In Brief: Dodge Momentum Index Up in May
The Dodge Momentum Index eked out a small gain in May, moving 1.8 percent higher to 167.8 (2,000=100) from the revised April reading of 164.9. May’s gain was the result of a 4.7 percent increase by the commercial component of the Momentum Index, while the institutional component fell 2.4 percent.
June 12, 2018
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Brett Widness
Philanthropic Impact
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News
Audio: ‘Detroit Rising’ Podcast Previews the ULI Spring Meeting
Jill Ferrari, a partner at Shelborne Development and vice chair of ULI Michigan, and Eric Larson, chief executive officer of both the Larson Realty Group and the Downtown Detroit Partnership, who is also serving as a co-chair of the ULI Spring Meeting Host Committee, were recently interviewed on a podcast produced by Crain’s Detroit Business.
April 20, 2018
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Brett Widness
Design and Planning
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News
Video: View from the Top of the Comcast Technology Center in Philadelphia
In January 2014, Comcast Corporation announced that it would build a second skyscraper at 1800 Arch Street in Philadelphia’s Center City, near the Comcast Center headquarters that it had moved into just six years before. The tallest building in Philadelphia is set to open its doors in 2018.
April 16, 2018
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Brett Widness
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Economy, Market & Trends
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Industrial
In Brief: Growth in Online Grocery Sales Expected to Increase Demand for U.S. Cold-Storage Warehouse Space
The growing popularity of online grocery shopping could result in demand for up to 35 million square feet (3.25 million sq m) of U.S. cold-storage space shifting from retail stores to warehouses and distribution centers within the next seven years, according to a report from CBRE.
April 2, 2018
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Brett Widness
Economy, Market & Trends
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News
In Brief: Investors See Upside in Coworking Spaces—Up to a Point
While commercial real estate investors generally take a positive view on coworking, maintaining a balance of traditional and coworking space in a building is critical when it comes to creating long-term capital value. According to a CBRE survey, investors say that a coworking occupancy of a third of the space or less, with a qualified operator, supports a healthy capital value.
March 19, 2018
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Brett Widness
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