Viewpoint: The Great Sell-off has started in real estate
. But suburban office buildings located in places such as Cary and off Falls of Neuse Road saw vacancy rates drop to 11.26 percent and 9.50 percent, respectively.had far more new leases signed
than their counterparts in the past year, with net absorption of 254,358 square feet. Cary, by contrast, registered 140,335 square feet and Falls of Neuse has 23,400 square feet of net absorption in the past 12 months. But there is a noticeable shift taking place as absorption rates in downtown properties across most of theIf the world’s largest real estate investor starts looking at office buildings in the suburbs, one of the largest beneficiaries of that trend would be retail. While parking will be a massive issue to solve because suburban office buildings’ parking density is far lower than the downtown parking equation, new restaurants, shops and walkable landscapes are sure to pop up in the future.
Municipalities may soon face a swath of rezoning requests in areas not inside the central business districts, especially if big money is lurking in the background. What remains to be seen now is whether this move is just temporary for private equity and other institutional investors parking their money in a ‘”safer” real estate haven — or are employers, investors and workers collectively convinced that people will work far longer at their home than at their office?
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
U.S.-Stock Funds Are Down 17.3% So Far in 2022Monthly Monitor: After a weak end to August, stock funds are unlikely to be able to close the year in positive territory.
Leer más »
Singapore's GIC funds Indian rocket startup Skyroot ahead of first launchIndian rocket startup Skyroot Aerospace said on Friday it had raised $51 million in a funding round led by Singapore sovereign investor GIC, which it plans to use to begin commercial satellite launches by the middle of next year.
Leer más »
Utah community raises funds to protect school crossing guardsPeople in one Cache Valley community are working together to protect their crossing guards. This comes after one crossing guard was hit by a car.
Leer más »
San Jose seafood restaurant owner charged with bilking $3.5M from COVID relief fundsA federal grand jury has indicted a San Jose restaurant owner with bilking $3.5 million in federal COVID-19 relief funds and spending it to refinance his home, buy a Lexus and use at a casino, charging documents indicate.
Leer más »
Argentinian Tax Authority Wins Landmark Case to Confiscate Funds From a Digital Account – Regulation Bitcoin NewsThe Argentinian Tax Authority (AFIP) has recently won a landmark case in the area, allowing it to seize funds from a digital account in the country to pay tax-related debts.
Leer más »
Why Some Queens Neighborhoods Clobbered by Ida May Not be Prioritized for Climate FundsDespite the loss of life and property, as well as frequent flash floods, the state of New York does not consider parts of Queens to be “disadvantaged” for the purposes of determining who should be prioritized for climate change financial aid — here's why
Leer más »