When Blackwell Sanders Peper Martin started looking for downtown office space in preparation for the 2006 expiration of its lease at the Laclede Gas Building, there weren’t many options.
The Peninsula is prospering.
The metro Phoenix office market in 2006 should continue the improvement shown in 2005 because demand is up, vacancy rates are slipping, and the market is one of the most popular in the nation, according to new reports.
A Virginia developer has filed a site plan for a new industrial park in western Winston-Salem that business-recruitment leaders say could be key in landing small to midsize manufacturers in the city.
In technical terms, 2005 was the year of cap rate compression in commercial real estate investing. Less technically, it was the year of investing dangerously.