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Cut Four Risks of Renting to Seasonal Pop-Ups

August 14, 2011    

Retail real estate experts predict that more, not fewer, national-brand “pop-up” shops will appear in shopping centers this holiday season than during the past few years. Pop-up shops can be a great way to add pizzazz to your center, but only if you protect yourself from common risks...

D.C. Office Complex Trades for $356M

July 31, 2011    

The Washington, D.C., office complex that stretches from 1100 to 1101 4th St. at Waterfront Station has recently been traded in a $356 million transaction. The trade took place between owner and developer Waterfront Associates L.L.C. and USAA Real Estate Company. Waterfront Associates began...

Foreign Developers Buy Up Miami CRE

July 31, 2011    

The City of Miami, Fla., has been hunting overseas for prospective commercial developers in an attempt to revitalize its struggling commercial real estate market and minimize a projected $54 million budget deficit in 2012.

BOMA International Names Zoccola Chairman

July 31, 2011    

The Building Owners and Managers Association (BOMA) International has recently named Boyd R. Zoccola as its Chair and Chief Elected Officer. Zoccola, who has worked as a commercial real estate owner, operator, and developer for over 20 years, has been executive vice president of Hokanson...

Get Right to Security Deposit Increase in Key Situations

July 31, 2011    

Requiring tenants to give you a security deposit before moving into the office building or retail space you own can help protect you if you later can't collect rent from them or need to pay the cost of repairing damage they may have caused. But depending on a security deposit to give you...

Hawaii Adopts CRE Appraisal Law

July 31, 2011    

Hawaii Senate Bill 975, which introduces new stipulations concerning the way in which leasehold land rent negotiations are determined, was passed into law on July 12. The bill was originally vetoed by former Gov. Linda Lingle, but current Gov. Neil Abercrombie let the bill through, as expected...

Designating Tenants' Operating Hours

July 31, 2011    

If you own a shopping center or strip mall, some of your retail tenants will probably ask you to allow them to operate during hours that are the most convenient for their businesses, even though you've set operating hours for the entire center. And you may be tempted to give some tenants,...

Are Emails Binding in Real Estate Negotiations?

June 20, 2011    

Q During negotiations for an office building lease, I sent a prospective tenant several emails stating the space's square footage. The square footage that I quoted should have been big enough for the tenant's business needs. The tenant signed a...

Boston Properties Nixes $468M New Jersey Deal

June 20, 2011    

Boston Properties has terminated its agreement to sell its Princeton, N.J., two-million-square-foot Carnegie Center portfolio to an entity affiliated with the Landis Group—the project's original developer—for $468 million. The exchange was announced on April 25, but it provided...

Georgia State Eyes Iconic Equitable Building

June 20, 2011    

Georgia State University might buy the iconic Equitable Building in downtown Atlanta, a skyscraper that helped shape the city's skyline since the 1960s—but in the modern era became an emblem of the metro area's commercial real estate woes. The Equitable Building was acquired by an...

BOMA Lends Support to CRE Bill

June 20, 2011    

Building Owners and Managers Association (BOMA) International recently joined several commercial real estate organizations in support of legislation introduced by Reps. Devin Nunes (R-Calif.) and Shelley Berkley (D-Nev.), targeted at the equity crisis.

Talk Show Host Charged with CRE Fraud

June 20, 2011    

Federal prosecutors have charged the host of a South Florida real estate talk show with defrauding investors by creating a Ponzi scheme. According to authorities, Anthony F. Cutaia, host of the local TV and radio show “Talk About Mortgages and Real Estate,” recruited investors for...