Geoffrey the Giraffe may have had a bigger impact on the retail sector than expected. With Toys “R” Us closing stores nationwide, the quarterly numbers were down. In fact, Q2 2018 saw a record-breaking 3.8 million SF of negative net absorption. This quar…
Read more »U.S. and Atlanta Market Update Midway through 2018, demand for multifamily is seemingly insatiable. Both net absorption and construction totals increased from Q1 2018 and total multifamily construction in 2018 is expected to surpass 2017, according to…
Read more »The Healthcare Real Estate Services Group at Bull Realty brokered the sale of the Knoxville Dermatology Group building, a Medical Office Building located on 2.65 acres in Knoxville, TN. The sale closed on July 16, 2018 for $10,400,000. The property is…
Read more »This office recovery/expansion has been slow and steady, albeit unique. As referenced in previous Bull Realty Market Update Blogs, muted rent growth despite nationwide job growth has been the case. No more! The first half of 2018 experienced the healt…
Read more »Bull Realty brokered the sale of a 163,000 SF industrial manufacturing and distribution warehouse on 20 acres in Peachtree City, GA. The sale closed on June 1st for $9 million. The building is 100% occupied by Wencor Group, an aviation solutions company.…
Read more »“When you’re finished changing, you’re finished,” said Ben Franklin. Certainly, he wasn’t referring to retail real estate today, but the famous quote seems to apply. The consensus among the informed is that there is no retail apocalypse, despite alarmist…
Read more »Nationally, the office expansion remains balanced due to a healthy job market and rent growth performance for certain metros. “The gap between office markets that are thriving and those that are not widened in the quarter as 41 metros saw an increase in …
Read more »In typical first quarter fashion, activity for multifamily was low. “Net absorptions and new completions are lowest quarterly levels in three years,” according to REIS’ Q1 2018 Preliminary Apartment Trends report. U.S. net absorption was 27,875 units in …
Read more »Recently on America’s Commercial Real Estate Show, “Frothy Market or Beginning of A Golden Age,” I spoke with real estate leaders from PwC to determine what’s really going on in the market. Specifically, my guests were Tim Bodner, Managing Director and B…
Read more »Leaders from Deloitte, PwC and Ernst & Young recently joined host Michael Bull on America's Commercial Real Estate Show to discuss the impact of The Tax Cuts & Jobs Act that was passed in December 2017. Specifically, Michael spoke with Mark Van Deusen…
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