US & Canadian Marketwatch (1Q 2008)Providing you with useful market data at-a-glance: US Metropolitan Office Market What's Hot Vacancy Rates Manhattan 5.1% Honolulu 8.2% Miami 8.6% San Francisco 9.0% Los Angeles 9.6% What's Not Vacancy Rates Detroit 25.8% Dallas/Ft. Worth 21.6% New Jersey Central 19.8% Atlanta 19.3% Cleveland 18.7% US Industrial Market What's Hot Availability Rates Tucson 5.6% Tampa 5.7% Long Island 6.7% Cincinnati 7.0% Portland 7.1% What's Not: Availability Rates Austin 19.4% Atlanta 18.7% Boston 18.1% Phoenix 16.3% Baltimore 15.3% Photo courtesy of bomabaltimore.org Canadian Industrial Market Availability Rate Toronto 5.4% Waterloo Region 7.2% Ottawa 7.7% London 7.9% Believe it or not*: Toronto had 5.2 million SF of absorption, an increase of 306% from the previous quarter. * Based on results from Real Capital Analytics Log In to Read Full Article
RACER Trust’s Proving Ground Stimulates Efficiency
Judge Robert Gerber, sitting in the U.S. Bankruptcy Court for the Southern District of New York, signed an order in effect creating RACER Trust in March 2011. RACER — for Revitalizing Auto Communities Environmental Response — was handed a portfolio of more than 300 properties scattered over 89 locations in… Read more
Water, Water Everywhere?
While in the following pages I will recount a number of serious localized water shortages, I can tell you at the outset, this will not be another gloom-and-doom scenario to which you are treated daily in your local and national news sources. Now, in my 54th year of professional effort… Read more
State-of-the-Art Remediation for Brownfield Sites
“That land doesn’t mean anything to you?” In “Gone with the Wind,” Scarlett O’Hara learned that “land’s the only thing in the world worth working for, worth fighting for, worth dying for, because it’s the only thing that lasts.” What if a vacant, blighted swath of land, regardless of ownership,… Read more