|
The Silicon Valley cycle: Where are we now and where are we going? Find out at Silicon Valley State of the Market | July 26 |
|
Before developer Crescent Communities demolished a former Goodyear Tires building in Charlotte, North Carolina, to make way for a mixed-use project, it decided to create an artist-in-residence program. The program gave artists free rein of the building before it was scheduled to be torn down. What resulted was a brightly painted creative space that ceased to resemble a former tire store and was transformed instead, by murals inside and out. It was in those moments that Crescent itself found a love for public art. “It was really eye-opening to see what local art can do for a community,” Crescent Vice President of Brand Aldo Muccia said. “It's not just art on walls inside a building, but it is livable and breathable.” As public art on the side of commercial buildings gains popularity, it is presenting a winning solution for cities, landlords and residents alike by engaging the local community, dressing up what might be an otherwise boring wall and helping to advertise the properties themselves. 
Some property owners have found value in creating art on the walls of commercial buildings even when it does not lead to a direct monetary gain. Sources told Bisnow that buildings become known for the murals themselves, drawing foot traffic and ultimately, customers. They…
|
|
|
 |
|
|
|
|
|||||||||||||||||
|
CBRE Report: San Francisco Office Rents Reach New All-Time High
Office rents in San Francisco hit a new historic high during the second quarter. Rents reached $75.54/SF, up 2.7% quarter over quarter and up 2.4% year to date, according to CBRE's latest MarketView report. The increase in rents was heavily…
|
|
|
|
DJM Capital Partners Names New Chief Financial Officer And Chief Operating Officer
San Jose-based DJM Capital Partners has named Ken Lee as chief financial officer and Becky Sullivan as chief operating officer. Lee previously held the title of vice president at the private equity and development firm and worked on both acquisitions…
|
|
|
|
|
|
|
|||||||||||||||||
|
Which U.S. REIT Management Teams Earn Their Compensation, And Which Are Overpaid?Average pay for U.S. REIT CEOs has risen by 11% to $5.6M over the past five years. But which of the captains of the U.S. listed real estate sector are earning their keep, and which are overpaid? That is the question addressed by Green Street Advisors in its annual Executive Compensation and Corporate Governance report. It makes the point that the pay of top executives can materially impact a REIT's share price, so it is important to analyze and rank both compensation and corporate governance. Green Street looked at the pay of the top five named executives of the 80 REITs it covers. It then adjusted that pay to take the size of the REIT into account, as executives at larger companies tend to be paid more. It then compared that adjusted pay to shareholder returns, to analyze which management teams were providing good value for the money. |
 |
|
License Plate Data Collected At Irvine Co. Malls Possibly Provided To ICELicense plate data is being collected at three Southern California shopping centers owned by the Irvine Co. and then provided to a tech company linked to Immigration and Customs Enforcement, according to a report by the Electronic Frontier Foundation. 
The license plate data, collected by automated license plate readers, isn't going directly to ICE. Rather, the foundation said, Irvine Co. provides the data to Vigilant Solutions, which is a technology vendor that sells location data to the federal immigration…
|
|
|
|
