Articles About Development

The Council on Tall Buildings and Urban Habitat (CTBUH) recently announced the finalists for its 2010 “Best Tall Building” awards.  The annual awards recognize exceptional tall buildings from each of four geographical regions and are chosen for their design and technical innovations, sustainable attributes, and the enhancement they provide to their cities and the inhabitants. […]

Jones Lang LaSalle and LaSalle Investment Management have noted reasonable improvement in global market transparency, according to their recently released 2010 Commercial Real Estate Transparency Index. According to the Index, Australia ranks as 2010’s most transparent market.  Canada is next in line, and improving markets include China, India, Poland, Portugal, Romania, Greece and Hungary.  Market […]

Three years after an EF5 tornado tore apart tiny Greensburg, KS, the town of approximately 900 is making a conscious effort to rebuild itself as a green community. City officials, residents and business owners are leading by example, making Greensburg a national model for environmentally conscious living. For example, a wind farm five miles south […]

A new accounting standard could alter the way tenants lease space, a move that carries serious implications for commercial real estate.  The Financial Accounting Standards Board (FASB) has been cooperating with the International Accounting Standards Board to combine its generally accepted accounting principles (GAAP) with international standards. According to Russell G. Golden, the FASB’s technical […]

After nearly two years of waiting, watching and hoping, American commercial real estate is finally regaining strength. This is one conclusion of the Reuters Global Real Estate and Infrastructure Summit held recently in New York City.  Starting in the fall of 2008, real estate investors feared there would be a wide-ranging sell-off of debt-laden commercial […]

Is there something special in the water in Texas?  After surviving the Great Recession in relatively good shape, the Lone Star State can claim that it has more jobs than it did two years ago, as well as the lowest unemployment rate of the 10 largest states at just 8.3 percent.  According to the Texas […]

Home Depot, NCR are greening their companies. Fortune 500 companies are increasingly using energy-saving measures in their corporate real estate.  Some firms are retrofitting warehouses to conserve energy or are applying Japanese principles to building design and operation. Home Depot, for example, has 2,245 retail stores comprising 235 million SF nationally, owns 89 percent of […]

Breakthrough ideas that change industries are increasingly coming from the developing world rather than the United States or Western Europe.  Part of this is due to the fact that the West is outsourcing more research and development to emerging markets.  Currently, Fortune 500 firms have 98 research-and-development facilities in China and an additional 63 in […]

State-owned holding company Dubai World is in talks to renegotiate $26 billion of debt and asking its banks for approval to defer loan payments.  The banks are hoping to avoid a haircut – taking less money than they are owed.  Dubai’s government also might provide a guarantee to the banks that are owned money.  Dubai […]

Advance planning has put the heavily trafficked Internet destination and online media company Yahoo! in a sound position to develop a planned 3,000,000 SF campus in a high-profile location in Santa Clara, CA.  Yahoo! purchased the 48-acre site in 2006 – well before the financial crisis and increased competition from Google and Facebook.  Although no […]