Insights and perspectives with the world's most experienced real estate valuation and consulting professionals.

Lulling shoppers with private daycare, and betting on the South Bronx

04.10.15
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed this week: The Wall Street Journal: Jersey City mayor seeks to limit chain stores downtown Jersey City wants to break from the shackles of chain restaurants and stores.  The mayor has proposed new rules that would limit chain retailers in the city’s downtown, aiming to keep locally owned shops in business and make Jersey City a true destination.  Proponents of these regulations say it will keep …

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Keystone XL: How Energy, Government, and the Economy Interact – A Guest Post from Llenrock Group

04.7.15
Posted by:
Ray Cirz
Ray Cirz

This post from Eric Hawthorn is part of our Llenrock Group guest post series and originally appeared on the Llenrock Group blog. The energy sector, of course, is a huge driver of local economies, the national employment rate, and commercial real estate values and demand throughout the country. I’ve discussed this subject before, of course, in the context of such things as the Marcellus and Bakken shale plays and the industry that’s sprung up around …

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How the OC plans to stay youthful, and why renters want to stay put

04.6.15
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed last week: The New York Times: Office space is hard to find for Silicon Valley newcomers The only thing higher than some tech firms’ valuations is the rent they pay.  San Francisco’s office market is booming, and office rents are astronomical.  Startups, already faced with the challenges of gaining notoriety and financial backing, are particularly burdened by these high rent rates, as they add one more obstacle …

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Philadelphia’s CBD office market is drawing new investor attention

03.31.15
Posted by:
John Pasquarella
John Pasquarella

Philadelphia may lack the famous addresses of New York City and the dominance in a booming sector like San Francisco in tech, but the city does offer investors and companies one important quality, and that’s stability.  It’s that stability that’s steering investment toward the expanding and robust Philadelphia office market. Compared to other U.S. cities, Philadelphia’s Central Business District office market is strong; the city experienced booming transaction volume activity in 2014 over its five-year …

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New Partnership with National Bureau of Property Administration Provides Clients Access to Commercial Property Tax Appeal Services

03.31.15
Posted by:
John Albrecht
John Albrecht

Commercial real estate tax appeals is a critical and complex area of real estate services.  To help clients better navigate and understand this field, Integra Realty Resources has forged a new partnership with industry leader National Bureau of Property Administration (NBPA). Through this partnership, IRR and NBPA can help their clients identify potential CRE property tax appeal issues and seek to realize savings so they pay only their fair share of taxes.  IRR will draw …

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Peaches aren’t the only Georgian export, and development caps strike fear into the heart of Silicon Valley

03.27.15
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed this week: The New York Times: Flurry of freight spurs new commercial building construction in Georgia With freight traffic on the rise, the Port of Savannah is seeing amazing growth.  But while maritime transport continues to be a hot business for the region, it’s not just the port itself that’s seeing commercial real estate traction.  Commercial development around the port has also picked up in order …

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The Willis Tower breaks another record, and why e-commerce is streamlining retail and industrial channels

03.20.15
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed this week: The Chicago Tribune: Willis Tower to be sold for $1.3 billion to Blackstone Group Willis Tower, formerly the Sears Tower, is shattering records, as the private equity firm Blackstone Group is suspected to have purchased the building for a record-breaking $1.3 billion.  This would be the highest price ever paid for a U.S. office tower outside of New York City, and would set the …

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How the demise of big banks will impact property owners, and Washington State’s new hot city

03.13.15
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed this week: National Real Estate Investor: Shifting bank branch strategies impact property owners, investors Almost 100,000 physical banks exist in shopping centers across the U.S., making them an important tenant for retail developers.  Yet as more and more people adopt online banking, the role of the national brick-and-mortar bank is changing.  JP Morgan Chase recently announced its plans to close 300 branches over the next 20 months, and …

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A shocking stat in New York’s hotel space, and what your smartphone can tell you about Seattle leasing

03.6.15
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed this week: The New York Times: Hotel market staggers in New York City In New York City, a troubling start to the new year has some questioning their crystal ball about the future of the hotel sector.  In January, the industry watched as RevPAR, occupancy, and ADR all decreased, causing concern among many investors and developers.  Some are worried that a stronger dollar and weaker global …

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Top 40 Under 40: IRR’s Rusty Rich named top business professional by Birmingham Business Journal

03.3.15
Posted by:
John Albrecht
John Albrecht

Here at Integra Realty Resources, we strive to provide clients the expertise and service they need to make informed decisions about the commercial real estate market.  Through our research, valuation, and counseling services, our appraisers across the country are helping business and individuals navigate all of the ebbs and flows of this complex market.  That’s why we are always proud to hear when one of our team members is recognized for their work in the …

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