Willis Tower, formerly Sears Tower, located in downtown Chicago is up for sale. The 110-story building is the highest in North America and the decision to sell or recapitalize comes in light of the rising CRE values seen in the country’s top markets. The owners, including two New York based real-estate investors, acquired the building in..
CONTINUE READINGIn a recent interview with Matthew Fanoe, VP of real estate for Coca-Cola, he comments on the changing work environment and its positive effect on human relations. He remarks that the interaction today between peers and service providers is a major change from 20 years ago. There is more of a partnership between service providers..
CONTINUE READINGThe Legislative session is coming to an end, but the supposed New York Property Tax Cap is still just talk. Let’s get a move on! Seeing is believing. It’s not an attack on the public school system! Let’s learn from Massachusetts. A property tax cap was introduced decades ago, but students still score high on national..
CONTINUE READINGSo, two of the biggest commercial real estate websites decided to merge a month ago. What exactly does that mean for those of us in CRE? A revamped and enhanced LoopNet, according to their blog. The website has recently undergone some changes to make the experience and navigation more user friendly. It features a new..
CONTINUE READINGLadies and gentlemen, may I have your attention. President Barack Obama was seen sporting– get ready– an iPad. Why the sudden shift for this famous Blackberry lover? The answer is simple- Apple can keep their consumers happy with constant upgrades to their products. Large-scale contracts with companies such as Microsoft seem to be deals of the..
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