MIXED USE DEVELOPMENT TRENDS An article in the March 2007 issue of “RETAIL TRAFFICâ€?,  magazine dealing with the retail real estate industry describes some recent trends in mixed use developments. I points out that only a couple of years ago missing office, retail, residential and hotel uses was considered “cutting edgeâ€? but today developers are experimenting with mixing more unconventional uses such as performing arts centers, libraries, city halls, zoos, auto racetracks and sports stadiums to name just a few. Developers, especially those outside the United States, have sometimes been […]

Anemic Job Growth Could Stall Commercial Real Estate’s Momentum By Matt Hudgins Mar 15, 2007 2:53 PM The slowing job market chiefly reflects the housing downturn but will likely throw a damper on demand for commercial space as well, according to some of the nation’s leading economists and real estate forecasters. U.S. non-farm payrolls rose by 97,000 in February. That’s the lowest employment growth in more than two years. “The bad news is that slower job growth means slower absorption of space, particularly for office and apartments,â€? says Hessam Nadji, […]

The article below discusses the differences between triple net (NNN) leases and other types of leases.  There are a few points in this article where I disagree with the authors.   1. Under many full service gross leases the landlord pays for everything including taxes,  insurance, maintenance, utilities, janitorial service and management fees and the tenant pays a gross rent to reimbures the landlord for all those expenses.  This lease form is still used in many leases to government tenants.   2. The other points about rapid increases in net operating income […]