Commercial Observer As was well-telegraphed in advance of its Wednesday meeting, the Federal Open Market Committee announced that the Federal Funds rate would be lifted by 25 basis points (bps) to a range of 2 percent to 2.25 percent — marking the third increase this year and the eighth of the current cycle.

Curbed A new report released last week by Cushman & Wakefield, "Tech Cities 2.0," shows how the tech industry dominates the CRE market. According to the report, tech companies have accounted for 42 percent of the square footage in the top 100 leases in North America since 2017 — double the percentage of the financial industry.

BisNow Pension funds, private equity firms, sovereign wealth funds and other institutional players are giving rise to the competitive real estate debt landscape. Since 2008, the number of private real estate-focused debt funds to close has nearly doubled, according to Preqin data. This article presents a list of the 10 largest U.S. and North American-focused real estate debt funds to close in the past decade.

National Real Estate Investor Understanding the ins and outs of these clauses, including when and why they arise, how they are structured and what the relative benefits might be — and to whom those benefits might apply — is important for anyone involved in commercial real estate.

Join us at the 2018 SIOR Fall World Conference, Oct. 11-13, at the Sheraton Downtown Denver in Denver, Colorado! This will be the not-to-be-missed real estate event of the fall. Click here for conference details.

 

 

SIOR’s dynamic quarterly magazine, SIOR Report, addresses the concerns of industrial and office real estate practitioners. Click here to access the latest edition, which includes articles on the rise of data integration, the state of EB5, automating your brokerage back-office operation, networking in the new age, how to get the most out of SIOR and so much more.

  

SIOR is proud to be partnering with MIPIM at the flagship event, PropTech NYC, coming up on Nov. 6. This event will join real estate decision makers and technology experts together to help bring to life the advantages that PropTech offers. Learn more at https://nyc.mipim-proptech.com/en.html.

 

 

Fabric Company Featured on 'Project Runway' Buying 73K SF Lodi Industrial Building
Globe Street – Sept. 28, 2018
SIOR members Scott Perkins and Andrew Somple represented the seller, AEW, in a 73,373-square-foot industrial building in Lodi, New Jersey.

Real Estate
Columbia Star – Sept. 28, 2018
SIOR member Billy Way represented the seller, 1519 Richland LLC, in the sale of a 4,250 square foot office building located in Columbia, South Carolina.

Regatta Bay Shops Sells in Virginia Beach; Leasing and Property Management Assignment Awarded 
Citybizlist– Sept. 27, 2018
SIOR member John P. Duffy was reported to be the leasing representative on the sale of a 58,721 square foot shopping center in Virginia Beach, Virginia.

Lee & Associates Pasadena Promotes Chris Johnson to Senior Vice President 
Pasadena Business Now – Sept. 25, 2018
SIOR member Chris Johnson was promoted to Senior Vice President of the Pasadena office of Lee & Associates, the largest broker-owned commercial real estate firm in North America

Morgan/Harbour completes two spec warehouses for CenterPoint Properties
RE Journals – Sept. 25, 2018
SIOR member James Estus leased two warehouse facilities in Franklin Park, Illinois. The buildings total approximately 560,000 square feet.

Medicine Man Technologies Tells Uptick Newswire’s Stock Day Podcast They are Looking Forward to Strong Revenue Growth Coupled with a Profitable 2018
Nasdaq – Sept. 25, 2018
SIOR member Brett Roper, CEO of Medicine Man Technologies, noted the success of his company and their seven consecutive quarters of growth.

Allure Labs Acquires a ±93,345 SQFT Industrial Warehouse Building in Hayward, CA for $16.8MM
The Registry – Sept. 25, 2018
SIOR member Mark Maguire represented the seller and fellow member Greig Lagomarsino represented the buyer in a transaction in Hayward, California.

Single Tenant Flex Building in Benicia Industrial Park Sells for $12MM
The Registry – Sept. 25, 2018
SIOR members Brooks Pedder, Douglas Longyear, and Tony Binswanger of Cushman & Wakefield’s Walnut Creek and San Francisco offices represented both the buyer and the seller in a transaction in South Solano County, California

23 Commercial Real Estate Conferences to Attend This Fall and Winter
Commercial Cafe – Sept. 24, 2018
The SIOR World Conference in Denver was reported as one of the top 23 real estate conferences to attend this fall and was named as one of the most prestigious conferences in 2018.

2018 Fall World Conference
Starts: Oct. 11 at 11 a.m. (MT)
Ends: Oct. 13 at 4:30 p.m. (MT)
Where: Sheraton Denver Downtown Hotel, 1550 Court Place, Denver, CO 80202

SIOR Minnesota Chapter - DT Office Fall Crawl
When: Oct. 16 at 3 p.m. (CT)
Where: Marquette Plaza, 250 Marquette Ave., Minneapolis, MN 55401

The New Orleans Dinner
When: Oct. 25 at 6 p.m. (CT)
Where: The Rib Room, 621 St. Louis St., New Orleans, LA 70130

Industry Property Summit
When: Oct. 29-30
Where: Bear Creek Mountain Resort, 101 Doe Mountain Lane, Macungie, PA 18062

SIOR Minnesota Chapter - MSU vs. U of M Hockey Game
When: Nov. 3 at 7 p.m. (CT)
Where: Verizon Center, 1 Civic Center Plaza, Mankato, MN 56001

Inc. Brené Brown's research launched her into the ranks of leadership gurus. Running her own business has been a little more complicated.

Forbes How can Airbnb justify a valuation that is higher than Expedia, Hilton or American Airlines? And how can it keep growing — amid sharpening competition and increasing regulatory scrutiny — and deliver the 10x return their venture capitalists demand?

Fast Company Part of the tech giant’s success comes from employees’ ability to take risks without feeling insecure or embarrassed.