Where have all the tenants gone? Long time passing Where have all the tenants gone? Long time ago Where have all the tenants gone? Covid struck them one by one When will they ever lease? When will they ever lease? Where have all the State tenants gone? To expensive...
Properties of all shapes and sizes are under the Lender’s microscope. Even property “owners” with long-term relationships with multiple assets with the same lender are under the lender’s microscope. Lenders use ratios, and when the ratios don’t match up with a...
5 Reasons Rents Remain High Despite Shrinking Demand The office market seems like a paradox. Businesses are downsizing, and vacancy rates are soaring, yet rents are slow to go down. Here are five reasons why: Preserving Property Value: Rental income (or potential...
Sacramento Light Rail gets a makeover, but how will we pay for it? And If we expand it, how will we increase ridership? Will it help if Gas Prices hit $10 a gallon? In Europe, mass transit is widely used; why? Here’s what’s happening: New Trains, Improved...
When I sat down to write this post, I wanted to discuss US history’s biggest real estate deals—deals like Sears Tower, which sold for $1.3 Billion, the GM Building in NY, which sold for $2.8 Billion, or Clint Eastwood and Arnold Palmer’s purchase of Pebble...
Big doesn’t mean Bad Check out this article about 20th Place at 19th and F Street. 20th Place is a new project by Cassadyne Properties LLC, headed up by Robert Rodriguez. Patrick Molloy partnered up and acted as the project manager. Together, they created a...
Tom Bacon has been assisting clients with their commercial real estate needs since 1984. The commercial real estate industry is a long term, relationship business. In dealing with others, a level of understanding must be achieved before the end goal can be achieved. We focus on exceptional work every step of the process while keeping an eye on the desired outcome. An exceptional outcome is the natural conclusion to a professionally orchestrated transaction or assignment.