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Investors are eager to get into the market for charter school facilities in Florida, where state leaders strongly support the charter school movement and the sector is expected to expand. 
Colliers International Senior Vice President Achikam Yogev recently brokered a nine-figure charter school deal, and believes there are more deals to come. "As more and more states go for school choice, we'll see a lot more redevelopment and new development of…
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The Harbour Tops Off With 90% Of Units Sold Already
Two 32-story towers comprising The Harbour in North Miami Beach have topped off, with 90% of their 425 units sold, even though the project will not be completed until late 2018. The project is a joint venture between 13th Floor…
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Development Is Ruining Burrowing Owl Habitat
South Florida developers have some small but familiar foes: critters like gopher tortoises and burrowing owls that are commonly found on undeveloped sites, but slow down projects because of their protected status. Burrowing owls, which make their homes in the…
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The Construction Labor Shortage Needs Major Institutional FixesAsk commercial developers in a major market to name their biggest challenges, and the rising cost of construction will be at or near the top of the list. But while the complaints have grown louder in recent years, the underlying problem has been decades in the making, and the current administration's policies only figure to make it worse. |
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Law Firm Buys Private Jet As Cheap Alternative To Leasing Silicon Valley Office Space
A Texas law firm has found an inventive and lucrative way around Silicon Valley's astronomical commercial real estate prices: a private jet. In what is surely one of the most original ways to reduce occupancy cost, Houston-based law firm Patterson + Sheridan bought…
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Exclusive: Booming Leasing Activity Counters Crazy Supply In Top 10 Office MetrosThe top 10 office markets fared well in the second quarter, thanks to robust leasing activity that led to strong absorption and moderate rent gains, according to Colliers International's latest Top Office Metros Report. Six of the 10 largest office markets in the country, as tracked by Colliers, experienced positive net absorption in Q2. Still, rising supply and corporate downsizing are putting upward pressure on vacancy rates. Four markets enjoyed a jump in rents, while rates in the other six metros remained flat. Next is a quick snapshot detailing the performance of the top 10 office markets in Q2. |
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