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Self Storage Rents Still Down Across the US

February 20, 2019 |

Self storage rents stayed somewhat flat in January, as new projects coming online are still preventing growth on a national level. Over the past 12 months, street-rate rents fell by 1.7 percent for the average 10×10 non-climate-controlled and by 1.5 … Read More

FRIEDMAN’S STEVEN SILVERMAN & JOSH MILLER SELL A FORMER 95,000 SF KMART LOCATED IN OAK HILL, WEST VIRGINIA

February 20, 2019 |

Farmington Hills, Michigan (February 20, 2019) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, in conjunction with Ten-X Commercial recently sold a 95,000 square foot former Kmart located at 497 Mall Road in … Read More

Payless To Close All 2,300 Stores

February 19, 2019 |

Another one bites the dust.

Payless ShoeSource is reportedly planning to declare bankruptcy and close all of its 2,300 stores nationwide. If that happens, the shoe retailer would be one of the highest-profile victims of the retail apocalypse lately and … Read More

U.S. Retail Sales Fall Most in Nine Years Amid Stock Plunge

February 14, 2019 |

U.S. retail sales unexpectedly fell in December, posting the worst drop in nine years in a sign of slower economic momentum at year-end amid financial market turmoil and the government shutdown.

The value of overall sales fell 1.2 percent from … Read More

FRIEDMAN’S VICTOR LEWIS & KELLEN DUGGAN SELL A 55,000 SQUARE FOOT INDUSTRIAL PROPERTY IN CHICAGO, IL

February 7, 2019 |

Chicago, Illinois (February 7, 2019) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a 55,000 square foot industrial property located at 4931 – 5013 W. Armitage Avenue in Chicago, Illinois. This … Read More

The U.S. Apartment Sector Would Continue to Remain Strong Even in a Recession

February 6, 2019 |

Even if there is an economic downturn in the near future, the apartment sector is likely to hold up, according to industry experts.

“Apartments are still resilient against a possible recession,” says Andrew Rybczynski, senior consultant for CoStar Group Portfolio … Read More

Rise in Office Jobs Boosts Listed Rents, Occupancies

January 29, 2019 |

Office-using employment growth, specifically in the professional and business services sector continues to drive office demand. As a result, vacancy has been getting tighter and listing rates are increasing, especially in secondary markets with strong demographic fundamentals. Cap rates have … Read More

Healthy 2019 Projected for Multifamily Investment

January 24, 2019 |

The 2019 investment outlook is off to a bright start. The underlying metrics supporting the apartment market entering the new year remain healthy. Employers ended last year on a high note, lifting annual job growth to 2.6 million positions and … Read More