ATLANTA — The coworking share of office space here is only 0.8 million square feet in a market of 144.4 million but in common with many other areas, it is fast growing.
The Next Big Thing in Office Space: Neighborhooding.
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A big plus for the New York City economy will be taxable real estate sales, which are predicted to grow 18% in 2018 to approximately $113 billion.
The sale of Five Points represents a recurring trend of private equity capitalizing on stabilized secondary market retail centers at value-add pricing as institutional owners shift portfolios toward primary market core/core-plus assets.
The Senator was a mainstay of California political and social activity for more than 50 years before it was converted to an office building in 1982, and now Seagate Properties has purchased it for nearly $50 million.
Due diligence can be a daunting requirement to navigate in CRE transactions.
Originally Published on January 2, 2019 at 08:01AM
Article published originally via “”flexible office”” – Google News https://www.globest.com/2019/01/02/the-future-scope-of-coworking-space/