Office market sees rent growth evaporating (Reuters via Yahoo! News) U.S. office rent growth stalled in the second quarter and vacancies crept up, a trend that could portend rising loan defaults in the commercial real estate market, according to a report by real estate research firm Reis.
Council arrived late for this ball (Lexington Herald-Leader) We'll never be the belle of the ball if everyone knows we're easy. That's how I ended my first column about CentrePointe, soon after Dudley Webb unveiled plans for his $250 million luxury hotel, condo and retail complex. I was likening Lexington to a debutante who fancies herself as someone special, yet rushes into the arms of any real estate developer with a hot proposition. So here ...
Helping businesses find space (The Cincinnati Enquirer) Create competition. That's the approach the Cincinnati office of Cresa Partners takes as it helps clients hunt for new office space and renegotiate leases in Greater Cincinnati and Northern Kentucky.
