Us: How will 2011 be viewed when we all have a clear head? The bottom? More of the same? Year you’d rather forget?
John: 2011 will be viewed as a year where the market was not only deeply distressed, but also deeply dysfunctional. Th
According to Cushman & Wakefield’s Global Office Forecast released this week, global office markets will undergo a slow recovery, with several key markets poised to see growth continue through 2012 and 2013.
While 2011 began strongly in office markets around the world, apprehension and uncertainty led to a major bump in the road to recovery during the third quarter, resulting in a conservative outlook for the next year.
While the forecast for growth has become more moderate, strong leasing fundamentals and limited supply will sustain global office markets, the majority of which have little or no new construction planned for either 2012 or 2013.
Leasing activity through 2012 is best characterized as mixed. In the Americas, markets dependent on government leasing will stall, though growth industries such as technology, healthcare and energy will fuel markets like San Francisco, Calgary, Houston and Downtown Toronto. While Europe’s overall economy will remain sluggish, Frankfurt, Munich, Paris, Istanbul, Stockholm and London are expected to outpace other European markets. I Read full article…
An equestrians dream home boasting 51.9 acres, a six-stall custom barn and a more than 9,000-square-foot luxury mansion known as the Vezelay Estate will sell at auction on May 10, Concierge Auctions has announced. The sale is being conducted in cooperation with Brett Jones and Karen Nader of Brandywine Fine Properties Sothebys International Realty.
“Vezelay is a true escape, offering rural relaxation, panoramic views, a custom barn and direct access to the Laurels Preserve, a permanently protected natural area,” Nader stated. “This property is not just a residence, its a lifestyle. We lo
“PRIVATE INGROUND POOL & STORAGE”DetailsType:ResidentialBedrooms:3Bathrooms:1″PLUS 3/4 BATH”Size:1,448 sq. Read full article…
Teen suicide can be an unnerving subject for families and schools to address, but after two local 17-year-olds committed suicide in quick succession this fall, the reticence in Enfield has lifted — and it seems to be what everyone wants, or needs, to talk about.
On Oct. 31, a 17-year-old girl and student at Enrico Fermi High School, took her own life. T Read full article…
When buying or selling real estate in Pasadena, you need to be aware of how the distressed market will impact you and how to best take advantage of it. I think everyone knows how to read a graph, so I will save the explanation. B