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.

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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.

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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.

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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.

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Recent Articles

  • In Brief: Seattle, Los Angeles Are Top Multifamily Markets for 2018

    February 20, 2018

    The top two markets for the multifamily sector from last year trade places for 2018, according to Marcus & Millichap’s 2018 Multifamily North American Investment Forecast. Driven by robust employment in the tech sector and soaring home prices that keep rental demand ahead of elevated deliveries, Seattle-Tacoma ranks first on the chart. The metro area outperforms last year’s leader, Los Angeles, which slid one spot.

  • In Brief: Residential and Mixed-Use Developments Continue to Drive High Crane Counts in Toronto, Seattle

    February 6, 2018

    The North American tower crane tally is holding relatively steady as of the first half of 2018, according to the Rider Levett Bucknall Crane Index. A total of 383 cranes were counted in January 2018, up two from July 2017, a 0.5 percent increase.

  • Survey: U.S. Tax Reform Could Provide Modest Boost to Growth

    January 31, 2018

    The Winter/Spring 2018 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey reflects the favorable changes to the commercial real estate market caused by the recent federal tax overhaul. Survey participants predict that it will cause moderate though uneven growth.

  • In Brief: CBRE Foresees Continued U.S. Office Market Expansion in 2018

    January 29, 2018

    Improved U.S. office market fundamentals should continue, downtown markets will receive a disproportionate amount of new supply, the tech sector likely will remain a primary demand driver, and occupiers will pursue space efficiency and agility this year, according to a CBRE report.

  • Moody’s: Climate Change Adaptation and Mitigation Could Affect Cities’ Bond Ratings

    January 17, 2018

    In December, Moody’s Investors Service issued a report encouraging cities to invest in climate adaptation and mitigation. Cities will be evaluated in the future at least in part on how they prepare for both short-term climate “shocks” and longer-term trends associated with climate change. Moody’s is the largest credit rating agency to date to publicly outline how it evaluates climate change risk and integrates it into its credit rating assessments.

  • Hines Gift to ULI Will Support WLI Grants

    January 16, 2018

    ULI’s Women’s Leadership Initiative (WLI) has received a $90,000 gift from Hines, the global real estate organization, to support the creation of the WLI Hines Innovation Grants, with the goal of helping raise the visibility and number of women in leadership roles in the real estate industry and within ULI’s membership.

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