Tuesday, we had the opportunity to attend a conference on ”High Performance Green Building Retrofits” at the UCLA Ziman Center for Real Estate. #LEEDNotable statistics and facts in regards to LEED certified GREEN commercial buildings are as follows:
8-9% decrease in operating costs
7.5% increase in value over non-LEED certified
2% increased cost to design and construct a new GREEN building
6% ROI increase over non-LEED certified
3.5% increased occupancy
3% increase in rental rates per sf
These statistics were mainly based on office. The point to be made is that...
Link: 2010 Mid-Year State of the Retail Market Report
This is a great article from Jones Lang LaSalle on the retail sector. #commercial real estate “the days of extend and pretend are coming to a close.”
“currently, more than 700 billion in notes backed by retail properties are underwater, though a majority are still performing and current.”
Alec Brownstein: Copywriter Uses Executives’ ‘Vanity Googling’ To Land A Job (VIDEO) #google #adwords
This is an absolutely amazing marketing segment on landing a job by directly targeting your audience. Watch this
Link: Housing Bulls Are "Not Paying Attention" to the Facts, Says Dean Baker: Tech Ticker, Yahoo! Finance
Griffin Cogorno 949.275.5251 c | 949-718-9898 x134
Link: Follow The Money By Following The REITS « The Oakstone / LAX Morning Minute
This is a great article on REIT’s and rebound headed this way in Commercial Real Estate. Please read this article written by the Morning Minute.
Link: The Winner Is Industrial Real Estate
A great article from @izatoak , the President of The Oakstone Company
Here in Los Angeles, the home of award shows….Best Performing Real Estate Sector In The Recession… goes to…..envelope please….is Industrial Real Estate….yes we all have experienced rough waters…but we see some blue sky.. and we are all trying to keep a sense of humor as we view the Real Estate Markets. AMB Property Corp. research shows, following eight quarters of negative net absorption, national industrial availability reached a historic high of 13.9% at the end of the fourth...
We have read the Quarter 1 Los Angeles industrial real estate market reports from CBRE, VOIT and Grubb & Ellis. Here is a snapshot.Vacancy has increased for the 10th consecutive quarter. “During the quarter, the Greater Los Angeles industrial market experienced a direct vacacy jump from 3.0% at the end of the fourth quarter 2009 to 3.5% at the end of the first quarter 2010”-CBRE. “As expected, market growth has been negative as more tenants reduced their occupancy needs or vacated existing space.”-CBRE. Average lease rates have continued to fall but are slowing...
‘Zombie Buildings’ May Limit Options for Tenants
Tough road if you invested in office within the last 5 years
“Now that the values of many properties purchased during the peak of the market have fallen below the balance due on the loan, some landlords are too capital-constrained to offer the tenant improvement allowances and other concessions necessary to attract tenants in today’s marketplace,” said Robert Bach, senior vice president and chief economist.”
Global Viewpoints: ‘Zombie Buildings’ May Limit Options for Tenants
Link: PIMCO - Investment Outlook Q1 2010 Bill Gross | May 2010
griffincogorno:
This is another great article from the Bond Wizard, Bill Gross. Worth the read. #real estate #investing
There’s a surfeit of instructionals on the secret to investing, ranging from Investing for Dummies to The Intelligent Investor. My bookshelves at home are full of them, and I’ve learned or at least absorbed something from many. Experience is a great teacher, but the foundation of civilization, and too investing, is also dependent upon the capsulization of the experiences of others and that is where...