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Archive for May, 2007

Tenants in Common

Wednesday, May 16th, 2007

In recent years, many real estate investors have turned to a new form of ownership when purchasing commercial property. An alternative to sole ownership of real estate is an investment in a single commercial property by multiple owners, not as limited partners or as an entity, but as individual owners. It called co-tenancy or […]

A closer look at your future tenants

Wednesday, May 16th, 2007

The National Center for Real Estate Research offers up a look at what future tenants of office space may look like thru 2014. The report titled “Who are Your Future Tenants? Office Employment in the United States 2004 – 2014″ examines the primary drivers of the demand for office space. Using data […]

Face Lift for the Convention Center

Tuesday, May 15th, 2007

The Las Vegas Convention Center will receive a face lift over the next few years. A $890 million rennovation that will also include an expansion of its current facilities. Plans include a substantial overhaul and an increase to 3.8 million sf from 3.2 million sf. Work will begin in earnest in […]

Land Prices Continue to Rise

Friday, May 11th, 2007

A recent report from Applied Analysis shows that overall, land prices continued to rise during the first quarter of 2007. The only area that showed slowing was premium resort land. The data provided by Applied Analysis suggests that any impacts resulting from a slowing residential market were more than offset by the combination […]

ProLogis to Build Distribution Center

Thursday, May 10th, 2007

ProLogis of Denver plans to break ground later this year on a 788,000-sf distribution center. Located at the northeast corner of Cheyenne Avenue and Marion Drive, the two-building complex will sit on a 42-acre site that once held the Sunrise Pointe Mobile Home Park. Last month, Icon Investment Group sold the property to ProLogis […]