Simply Commercial Real Estate

Every day, a team of AIs deliver simple, straightforward updates from the world of commercial real estate.

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Episodes

6 minutes ago

Learn how to manage mold in commercial buildings with a new resource by Camfil Air Filtration. Plus, explore Ridgeland's significant commercial construction boom, with over $54 million in building permits issued since January 1. Stay informed about maintaining indoor air quality and the economic growth of Ridgeland.Sources:https://markets.businessinsider.com/news/stocks/managing-mold-in-commercial-buildings-new-resource-by-camfil-air-filtration-1033481327https://markets.businessinsider.com/news/stocks/managing-mold-in-commercial-buildings-new-resource-by-camfil-air-filtration-1033481327https://markets.businessinsider.com/news/stocks/managing-mold-in-commercial-buildings-new-resource-by-camfil-air-filtration-1033481327https://www.wlbt.com/2024/06/14/54m-commercial-building-permits-issued-ridgeland-since-january-1/Outline:(00:00:00) Introduction(00:00:39) Managing Mold in Commercial Buildings New Resource by Camfil Air Filtration(00:03:41) Managing Mold in Commercial Buildings New Resource by Camfil Air Filtration(00:07:26) Managing Mold in Commercial Buildings New Resource by Camfil Air Filtration(00:10:48) $54M in commercial building permits issued in Ridgeland since January 1

2 days ago

Exciting news for Park Place West as a new Jonathan's Grille is set to open. Plus, Republic Properties Corp. secures refinancing for Portals office building. Also, Ridgeland experiences a commercial construction boom, and East Baton Rouge Parish sees a decline in commercial sales transactions.Sources:https://wnws.com/commercial-property-site-of-jonathans-grille-sells-for-1-1-million-plus/https://www.bizjournals.com/washington/news/2024/06/14/republic-properties-portals-loan.htmlhttps://www.wlbt.com/2024/06/14/54m-commercial-building-permits-issued-ridgeland-since-january-1/https://www.businessreport.com/article/see-how-the-baton-rouge-commercial-real-estate-market-fared-in-mayOutline:(00:00:00) Introduction(00:00:41) Commercial property site of Jonathan's Grille sells for $1.1 million plus - WNWS Radio(00:02:32) Republic refinances Portals office building(00:03:36) $54M in commercial building permits issued in Ridgeland since January 1(00:05:58) See how the Baton Rouge commercial real estate market fared in May

3 days ago

Commercial reassessment concerns and the largest mass timber office building in Texas. Plus, a roundup of top sales and leases in the real estate market. Stay informed about the evolving landscape of commercial real estate and the latest trends shaping the industry.Sources:https://www.thepublicrecord.ca/2024/06/joeys-notepad-from-orlando-commercial-reassessment-in-america-hamilton-property-taxpayers-beware/https://richmondbizsense.com/2024/06/14/the-pipeline-commercial-real-estate-roundup-for-6-14-24/https://www.dmagazine.com/commercial-real-estate/2024/06/first-look-the-states-largest-mass-timber-office-building-comes-to-frisco/https://www.insidetucsonbusiness.com/construction_real_estate/real-estate-transactions-week-of-june-14-2024/article_9bf05082-2526-11ef-8caa-6b9ce6cd411a.htmlOutline:(00:00:00) Introduction(00:00:40) Joey's Notepad, From Orlando: Commercial Reassessment in America, Hamilton Property Taxpayers Beware(00:03:21) The Pipeline: Commercial real estate roundup for 6.14.24(00:06:34) First Look: The State's Largest Mass Timber Office Building Comes to Frisco(00:07:02) Real estate transactions: Week of June 14, 2024

4 days ago

Prologis announces a $50 million redevelopment project at the Port of Tacoma. A full-block property in South Lake Union sells at a 25% discount. Woodmont JV completes a successful industrial revamp in New Jersey. Stay updated on the latest developments in commercial real estate with Simply C.R.E.Sources:https://www.bizjournals.com/seattle/news/2024/06/12/prologis-port-of-tacoma-industrial-redevelopment.htmlhttps://www.bizjournals.com/seattle/news/2024/06/12/south-lake-union-block-sells-below-assessed-value.htmlhttps://www.commercialsearch.com/news/woodmont-jv-completes-new-jersey-industrial-revamp/https://www.bisnow.com/south-florida/news/sustainability-climate/27b-plan-to-protect-miami-from-storms-includes-funds-for-commercial-flood-proofing-124674Outline:(00:00:00) Introduction(00:00:41) Prologis to redevelop Port of Tacoma industrial property(00:04:05) Full-block South Lake Union property sells at 25% discount(00:04:22) Woodmont JV Completes New Jersey Industrial Revamp(00:07:14) What’s Inside The $2.7B Plan To Protect Miami Real Estate From Catastrophic Floods

5 days ago

Boston's bid to hike commercial property tax couldn't come at a worse time, raising concerns about the city's economy. Meanwhile, real estate investor Ethan Conrad purchases and rebrands Merced Mall, bringing new development and revitalization to the area. Stay informed about the potential impact of tax hikes on businesses and the exciting transformation of Merced Mall.Sources:https://www.bostonglobe.com/2024/06/12/opinion/letters-to-the-editor-boston-commercial-property-tax/https://www.bostonglobe.com/2024/06/12/opinion/letters-to-the-editor-boston-commercial-property-tax/https://www.bostonglobe.com/2024/06/12/opinion/letters-to-the-editor-boston-commercial-property-tax/https://www.bizjournals.com/sacramento/news/2024/06/11/merced-marketplace-mall-ethan-conrad.htmlOutline:(00:00:00) Introduction(00:00:35) Boston’s bid to hike commercial property tax couldn’t come at a worse time(00:02:54) Boston’s bid to hike commercial property tax couldn’t come at a worse time(00:03:51) Boston’s bid to hike commercial property tax couldn’t come at a worse time(00:06:23) Ethan Conrad buys, rebrands mall in Merced as 'Marketplace'

6 days ago

A prime NYC office building sells at a significant discount, shedding light on challenges in the commercial real estate market. Seattle's Pioneer Square undergoes a major transformation as office spaces are converted into residential units. A battery manufacturer's investment in Colleton County takes a legal turn as they sue a real estate company. Plus, an opinion piece explores the growing crisis in commercial real estate and potential solutions.Sources:https://fortune.com/2024/06/10/commercial-real-estate-crash-new-york-city-office-building-discount-short-sale/https://www.bizjournals.com/seattle/news/2024/06/10/develop-sees-big-office-residential-pioneer-square.htmlhttps://www.counton2.com/news/battery-manufacturer-investing-279-mil-in-colleton-county-sues-commercial-real-estate-company/https://www.theglobeandmail.com/business/commentary/article-commercial-real-estate-is-in-a-growing-crisis-that-seems-to-have-no/Outline:(00:00:00) Introduction(00:00:44) A NYC office building will sell at such a discount that it's 67% less than the purchase price and below what's still owed on the mortgage(00:04:12) Seattle developer sees huge office-to-housing opportunity in Pioneer Square(00:05:23) Battery manufacturer investing $279 mil in Colleton County sues commercial real estate company(00:08:56) Opinion: Commercial real estate is in a growing crisis that seems to have no end

7 days ago

JDL Development and Wanxiang America Real Estate secure a $415 million refinancing for One Chicago towers. Massachusetts launches its first networked geothermal system pilot project. This episode explores the latest developments in commercial real estate, from major refinancing deals to innovative renewable energy initiatives. Stay informed about the changing landscape of the industry and the potential impact on investors, developers, and the environment.Sources:https://therealdeal.com/chicago/2024/06/07/jdl-wanxiang-score-415m-refi-for-one-chicago-towers/https://www.arkansasbusiness.com/article/nlr-retail-property-tops-3-7m-mark-real-deals/https://www.bowditch.com/bowditchrealestateblog/2024/06/07/massachusetts-first-networked-geothermal-system-pilot-launches/https://www.arkansasbusiness.com/article/nlr-retail-property-tops-3-7m-mark-real-deals/Outline:(00:00:00) Introduction(00:00:41) JDL, Wanxiang Score $415M Refi for One Chicago Towers(00:05:03) NLR Retail Property Tops $3.7M Mark (Real Deals)(00:05:31) Massachusetts’ First Networked Geothermal System Pilot Launches - Commercial Real Estate Insight & News(00:07:43) NLR Retail Property Tops $3.7M Mark (Real Deals)

Sunday Jun 09, 2024

JDL Development and Wanxiang America Real Estate secure a $415 million refinancing for One Chicago towers. MacKenzie Commercial Real Estate Services brokers the $6.15 million sale of a Bowie office building. Plus, 5 tips for Indian investors buying foreign real estate and Massachusetts' first networked geothermal system pilot launches.Sources:https://therealdeal.com/chicago/2024/06/07/jdl-wanxiang-score-415m-refi-for-one-chicago-towers/https://thedailyrecord.com/2024/06/07/mackenzie-commercial-real-estate-services-brokers-6-15m-sale-of-bowie-office-building/https://www.financialexpress.com/business/investing-abroad-global-commercial-real-estate-5-tips-for-indian-investors-to-succeed-in-the-world-of-global-commercial-real-estate-3518116/https://www.bowditch.com/bowditchrealestateblog/2024/06/07/massachusetts-first-networked-geothermal-system-pilot-launches/Outline:(00:00:00) Introduction(00:00:43) JDL, Wanxiang Score $415M Refi for One Chicago Towers(00:03:21) MacKenzie Commercial Real Estate Services brokers $6.15M sale of Bowie office building(00:06:14) 5 tips for Indian investors buying foreign real estate(00:10:05) Massachusetts’ First Networked Geothermal System Pilot Launches - Commercial Real Estate Insight & News

Saturday Jun 08, 2024

JDL Development and Wanxiang America Real Estate secure a $415 million refinancing for One Chicago towers. Massachusetts launches its first networked geothermal system pilot project. Plus, SeaFlower brings a massive retail, residential, and commercial development to Bradenton, and Moody's considers downgrading 6 U.S. banks over CRE exposure.Sources:https://therealdeal.com/chicago/2024/06/07/jdl-wanxiang-score-415m-refi-for-one-chicago-towers/https://www.bowditch.com/bowditchrealestateblog/2024/06/07/massachusetts-first-networked-geothermal-system-pilot-launches/https://www.sarasotamagazine.com/home-and-real-estate/2024/06/bradenton-seaflower-new-developmenthttps://www.bisnow.com/national/news/commercial-real-estate/moodys-may-downgrade-6-us-banks-ratings-over-cre-exposure-124604Outline:(00:00:00) Introduction(00:00:43) JDL, Wanxiang Score $415M Refi for One Chicago Towers(00:04:22) Massachusetts’ First Networked Geothermal System Pilot Launches - Commercial Real Estate Insight & News(00:07:04) SeaFlower, a Massive Retail, Residential and Commercial Development, Is Headed to Bradenton(00:10:34) Moody's Could Downgrade 6 U.S. Banks Over CRE Exposure

Friday Jun 07, 2024

Moody's may cut six US banks on commercial real estate exposure. The rise of unions is impacting the commercial real estate industry. Plus, Transwestern brings a $41M industrial project to Lewisville, and Jeffrey Zwick advises on a $147M NYC portfolio refinancing.Sources:https://www.bnnbloomberg.ca/moody-s-may-cut-six-us-banks-on-commercial-real-estate-exposure-1.2082257https://propmodo.com/how-the-rise-of-unions-is-impacting-commercial-real-estate/https://therealdeal.com/texas/dallas/2024/06/06/transwestern-brings-41m-industrial-project-to-lewisville/https://www.law360.com/real-estate-authority/articles/1845125/jeffrey-zwick-advises-on-147m-nyc-portfolio-refinancingOutline:(00:00:00) Introduction(00:00:42) Moody’s May Cut Six US Banks on Commercial Real Estate Exposure(00:03:28) Transwestern Brings $41M Industrial Project to Lewisville(00:07:00) Jeffrey Zwick Advises On $147M NYC Portfolio Refinancing Real Estate Authority

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