Author: admin

The race is on for companies looking to attract young, talented employees. According to a recent study, Millennial workers place more value on a potential job’s location and amenities than young workers have in the past. No longer are recent college graduates simply content with moving to wherever they can find steady employment. This has led to an interesting development in the world of commercial real estate, as companies are beginning to develop their office spaces and move their corporate headquarters to more desirable locations to Millennials.

The modern office space has changed. In the past, the demands of the vertically integrated corporation required tight coordination in both space and time, what architect, Frank Duffy calls “synchrony” and “co-location.”

Many businesses are feeling pressure to curb costs by reducing their office footprint. In the year 2000, there was an average of 253 square feet per worker.

It’s a strange experience to attend a tech conference like I did last Thursday and have no one — not the audience or the speakers — mention the biggest tech story of the year. It’s a little like attending a family reunion and having nobody comment on your Aunt Mary’s 25-year old boyfriend. Motorola Mobility […]

The S&P has upped the US.  It has raised the outlook for US debt from “negative” to “stable” which some take as an indication that we are unlikely to see a ratings slide like the one in 2011 that took us from AAA to AA+ anytime soon. The agency cited a lower federal deficit, the […]

We’ve all been inundated with talk about the era of Big Data. But these last few weeks, we felt its impact in dramatic fashion. Just hours after the explosions at the April 15 Boston Marathon, the FBI had amassed10 terabytes of data that four days later led them to the two suspects. Big Data is […]

With the Bush era tax cuts on capital gains poised to expire at the end of the year, the investment sales market went on a tear in the 4th quarter. According to CoStar, total deals were up 46% from the same time a year ago based on transaction data through Dec. 31, according to Brian […]

According to the U.S. Green Building Council, the perceived cost benefits of green building include the following: Operating costs decrease of 13.6 percent for new construction and 8.5 percent for existing buildings; Building value increases 10.9 percent for new construction and 6.8 percent for existing buildings; Occupancy increases of 6.4 percent for new construction and […]

On December 5, 2012, the world lost it’s greatest living jazz artist, Dave Brubeck.  Some may dispute that claim but consider his achievements. He was the first jazz artist to reach rock-star status with 1959’s groundbreaking album, Time Out, the first jazz album to sell a million copies. The album gave us the hit singles […]

If history repeats itself, QE3 will be good for commercial mortgage-backed securities (CMBS). The Fed’s third round of quantitative easing – which is purchasing $40 billion of residential mortgage-backed securities (RMBS) each month from Fannie Mae and Freddie Mac – will free up money for the commercial real estate market and lure investors away from […]