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DesertXpress Enterprises LLC will pay California $842,000 each year to lease the right of way on Interstate 15. Meanwhile, the California High-Speed Rail Authority's $100 billion bullet train project has appeared to have stalled.
At RECon 2019 in LasVegas, where Englewood hosted a cocktail party, CRE professionals were thinking more openly about commercial property uses. One place our team noticed this was while attending this year’s International Council of Shopping Centers’ RECon Expo in LasVegas. High – CRE Cross Pollinates.
The LasVegas Stadium Authority Chairman Steve Hill and Raiders President Marc Badain signed lease and development agreements to build a $1.8 billion, 65,000-seat stadium on Wednesday. Let’s build a stadium,” Hill said after shaking Badain’s hand. The new stadium will be the home of the NFL Raiders and UNLV Rebels
The LasVegas Stadium Authority Chairman Steve Hill and Raiders President Marc Badain signed lease and development agreements to build a $1.8 billion, 65,000-seat stadium on Wednesday. Let’s build a stadium,” Hill said after shaking Badain’s hand. The new stadium will be the home of the NFL Raiders and UNLV Rebels
Monday, Sheldon Adleson, a chief financial backer for the domed stadium to house the Oakland Raiders when/if the team moves to LasVegas, withdrew his support for the project. The proposed lease agreement presented Monday would have the Raiders pay just $1 a year for 30 years to rent the 65,000 seat facility.
As sellers take the upper hand in a competitive housing market, landlords are also set to end the year on a high note thanks to a steady increase in new lease effective rents during the final months of 2021. Record-high 18% same-home new lease rent growth. In aggregate the SFR REITs reported in 3Q21: 98% same-home occupancy.
The Korte Company has completed work on a 6,626 square foot medical building located at 1725 Village Center Circle in LasVegas, Nevada. million project is a planned development including 4,100 square feet of occupied space as well as 2,500 square feet of shell space to be leased by the owner.
The cost of leasing an apartment will rise nearly everywhere across the U.S., leading to rent increases in Sun Belt cities like Phoenix, LasVegas, and Tampa. Rental Markets Brace for Soaring Prices in 2022. Wed, 01/26/2022 - 10:17. but these 10 markets are expected to see the biggest changes.
Additionally, he will be responsible for managing the warehouse and maintaining the equipment leased out on various jobs. According to Greg Korte, president of The Korte Company’s LasVegas Division “Don brings a wealth of experience and knowledge to the job site, which makes him an invaluable asset to our team.”
John Burns Real Estate Consulting’s Single-Family Rent Index tracks 63 markets and found lease effective rates up 6% year-over-year in July, with the historical average being 3%. The SFR REITs combined portfolio is concentrated in four markets (Atlanta, Phoenix, Tampa, and LasVegas) where leasing demand has been very high.
And in LasVegas, the median lease was 5.7% In contrast, some of the hottest pandemic destinations saw the biggest reversals. Riverside, CA, saw rents fall 10.9% in April versus a year ago, resulting in a median rental cost of $2,123. lower than in 2022, settling at a mere $1,509.
More builders and investors are testing the waters of the single-family build-to-rent sector as consumers seek affordable housing options and to lease rather than buy. There are billions and billions of dollars out there to finance homes that can be leased as fast as they can be built.”. cbroderick. Mon, 01/11/2021 - 06:00. million.
TINTON FALLS, NJ — Accredited commercial real estate courses from the CCIM Institute will be featured at Group C Media ‘s new REAL STREET Expo , which will take place February 11-12, 2015 at the LVH/Westgate LasVegas Resort. The one-hour courses will be offered as a package included in the REAL STREET Expo registration fee.
That’s aided by the longer-term leases developers can secure from commercial tenants. The Fremont & 9 th apartment complex in LasVegas, Nevada. Finally, developers who build mixed-use developments tend to be more insulated from economic volatility. This combines to provide greater financial stability over time.
—D.K. Lucy Hudson, Holly Pulliam, Kevin Cui, and Chelsea Davis Sales Team of the Year—Leasing—Gold Award The Marketing Directors New York How do you succeed when you and your marketing team colleagues are all new to one another and you’re working on a new leasing project in a neighborhood that’s not familiar to any of you?
which signed a major lease in June 2011 in Southwest Austin to establish a new R&D center. Apart from Albuquerque, centers will be located in Denver; Orlando, Florida; Burlington, Vermont; and LasVegas. Austin is also home to California chipmaker Altera Corp.,
During construction of the new riverfront complex, IBM will be temporarily lease space at the Essen Centre office complex in Baton Rouge. Raleigh, NC, Austin and LasVegas topped our list of Fastest Growing Cities, while Ann Arbor, MI, Green Bay, WI and Bakersfield, CA were cited as Emerging Financial Centers.
Appointments are now being scheduled for ICSC’s RECon in LasVegas, May 22-25. Over the next two years, we will see a large number of high profile lease renewals as many national tenants reach the end of their 10 year leases that were established during Branson’s last major expansion in 2006 and 2007.”.
The federal Bureau of Land Management, which has subsurface mineral rights for much of the Monterey shale field, in December sold about 15 leases for thousands of acres of potential shale development in California. Barstow is strategically situated midway between Los Angeles and LasVegas. Last year, CA Gov.
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