Referrals: CRE Market Performance, Skanska Breaks Ground in Houston and Operating Expense Bills

by CoyDavidson on November 7, 2011

Links to Corporate Real Estate stories around the web:

Commercial Real Estate Weathers Turbulent Times
Despite the Standard & Poor’s downgrade of U.S. debt, a worsening European sovereign debt crisis and rising stock market volatility, the U.S. economy continues to expand and create new jobs, supported by strong consumer spending and business investment. U.S. commercial real estate fundamentals continue their recovery path. Demand for commercial space and net absorption has increased, although general leasing activity slowed moderately during the third quarter of 2011 … read more at NREI Online

Skanska breaks ground on delayed Galleria office building
Skanska USA Commercial Development Inc. is breaking ground on a speculative office building in the Galleria area. The move comes nearly two years after Skanska announced it was acquiring the project site and one year after it first estimated construction would begin … read more at the Houston Business Journal

Why you need to comb through your leases’ Operating Expense bills
Gone are the days when tenants could comfortably rely on their landlords to follow the leases when billing ancillary charges such as operating expenses, taxes and sundry charges. In fact, as the real estate market has softened, landlords are devoting more time and resources to finding new and creative ways to increase revenue … read more at KBA Lease Audit

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