Friday Mar 08, 2024
Baltimore Real Estate Expansion, Palm Beach County Demand, AT&T Consolidation, and Commercial Real Estate Woes
St. John Properties inks Baltimore renewal and expansion. Palm Beach County businesses holding on to CRE footprints. AT&T consolidates Northern Virginia operations at new Chantilly office space. Powell warns commercial real estate woes will lead to bank failures. Stay informed about the latest developments in the real estate sector with Simply C.R.E.
Sources:
https://www.commercialsearch.com/news/st-john-properties-inks-baltimore-renewal-and-expansion/
https://commercialobserver.com/2024/03/palm-beach-county-businesses-holding-on-cre-footprints-survey/
https://www.commercialcafe.com/blog/att-chantilly-office/
https://fortune.com/2024/03/07/jerome-powell-commercial-real-estate-bank-failures-problem-for-years/
Outline:
(00:00:00) Introduction
(00:00:42) St. John Properties Inks Baltimore Renewal and Expansion
(00:03:03) Palm Beach County Businesses Holding on CRE Footprints: Survey
(00:06:27) AT&T Consolidates Northern Virginia Operations at New Chantilly Office Space
(00:08:23) Powell warns commercial real estate woes will lead to bank failures: 'This is a problem that we’ll be working on for years’