Five Office Markets Account for 70 Percent of All Office Building Sales $10 Million and Up Boston, NYC, Washington DC, Los Angeles and San Francisco accounted for 70 percent of the $10 million and up office building sales since January 2009.  Most of the transactions… Read more

The Wall Street Journal reported today a slowing rate of increased vacancy at large shopping centers (albeit slight going from 8.9 to 9 percent in Q2) and declining lease rates (down 0.2 percent, though the smallest drop in seven quarters) in the top 80 U.S…. Read more

CoStar Article Reports Some Solidification Coming Back to Commercial Real Estate Market But Refinancing Still a Major Concern This is one of the few tidbits of insight into the commercial market.  Appears that lenders and borrowers are finally seeing eye-to-eye on valuations, which is an… Read more

Nothing to the post changed. I simply uploaded an easier to view spreadsheet of the Estimated Percent Change in Value Since Acquisition.   Following is an update on commercial real estate values across the country.  (For the full details of this refer to my post February 12, 2010)…. Read more

Following is an update on commercial real estate values across the country.  (For the full details of this refer to my post February 12, 2010). MIT tracks prices from properties sold from the NCREIF database.  (National Council of Real Estate Investment Fiduciaries)  NCREIF basically consists of… Read more

Here is a quarterly Commercial Market Cycle analysis, Market Cycles Q1 2010, prepared by Dr. Glenn Mueller.  This covers more than 50 major cities and includes offices, industrial properties, retail and hotels.  Please feel free to distribute this but do give Glenna and Dividend Capital credit…. Read more

Just-released Spring edition of NAR’s Commercial Magazine Commercial Connections. See page 12 of NAR’s Commercial Magazine for my article on commercial real estate values and cap rates.  Bad news is that commercial real estate values have plummeted.  Great news is that transaction volume will increase… Read more

http://www.costar.com/news/Article.aspx?id=CB58F9797974B3A09990193DBF51EC19 In the article accessible via the link above, the CoStar Group reports that Q1 2010 Bank results are better than somewhat expected in regards to continued deterioration of commercial real estate.  The question becomes, however, if we are using the logic “a rolling loan… Read more

5 Million Square Feet Absorption by Year End in DC Alone As the government becomes the lone bright spot for office demand (see the Globe Street article ), it relays to the taxpayer that growing government cannot be tamed or shrunk at will. What is… Read more

An article from the Mortgage Bankers Association finds some less than rosy expectations for commercial real estate in 2010. Approximately three of every four commercial experts surveyed expect the following in 2010: Rents to decline Interest rates to rise 60 percent expect a full market… Read more