Tweet I went out to the Inland Empire this morning to look at a recently developed retail center. The center is market anchored and has built-out shop space and a few national tenants operating on pads. The shop space is approximately 90% vacant. Here is a photo of the interior of one of the shop [...]
Tweet The following are exerpts from a report just issued today by CreditSights‘ REIT analyst Craig Guttenplan titled “REIT 2Q Fundamentals: Protracted Pain Despite Gain.” From the report (emphasis mine): Commercial real estate (CRE) fundamentals for the core domestic property types continued their downward progression during the second quarter. Vacancy rates rose and market rents [...]
Tweet Another email in my inbox today from CREOBA. The reason I think this is newsworthy is twofold. First is the predatory tagline of their upcoming dinner: “Is the commercial real estate market about to collapse?” The second is the fact their guest speaker is a residential auction specialist. Did I mention that I love [...]