commercial real estate

The Vancouver Sun reports that downtown Vancouver’s Hudson’s Bay Department Store  read more »

A San Francisco Chronicle article (“S.F.’s biggest mall lost nearly $1 billion in property value after retail exodus”)  read more »

The Austin Business Journal reports that Meta (former Facebook) has leased all 33 office floors of the under construction Sixth and Guadeloupe Tower, which is due to open in 2023.  read more »

North America’s largest post-World War II central business district has just received unwelcome news (Note). Writing in the Calgary Herald, columnist Chris Varcoe (“Staggering $17B drop in value of downtown towers fuels search for solutions”) reported that downtown property assessments were down C$1.1 billion in a single year.  read more »

What is the future of real estate after Covid-19? If you were unable to join Richard Florida, Joel Kotkin, Marshall Toplansky and other leading experts to see where the real estate market is going, you can still listen to the discussion at the link below.  read more »

The restoration of central city living and working environments has been one of the more important developments in the nation’s metropolitan areas over the past two decades. Regrettably, a good story has been exaggerated out of all proportion in the print, electronic and online media.    read more »

Coming soon to a market near you: a bust in commercial real estate that will make the subprime mortgage crisis look like a picnic. The other shoe drops in 2010.  read more »