As downtown continues its creative office and residential revitalization, especially in the nearby growing Arts District, Row DTLA is seen by some as the missing retail piece for the area to truly create an urban live, work, play and shop destination.
Read MoreDescribed as a members club for businesses, No.18 will offer a range of curated, flexible workspace options in an upscale, sophisticated environment. No18 members will have access to a members lounge, premium private offices and dedicated desks. All members will be able to take advantage of the concierge-level services, fully equipped meeting rooms, and a luxe event area to host meetings and gatherings.
Read MoreMedMen, which entered New York's highly regulated medical market by acquiring the licensed company Bloomfield Industries last year, is not the first to open a dispensary in a highly trafficked part of Manhattan. But it is the most vocal about its ambitions to sell to a nonmedical market once cannabis is legalized for adult use.
Read MoreAnother side of being a broker is when a client contacts you and asks how they can end a lease early. Typically speaking a company is bound to a commercial lease, and many times there might also be a personal guarantee from one of the owners of the company. The responsibility to make payments on the lease go hand in hand with the entire lease term, in some cases for many years. So what happens when a tenant can’t make their lease payments due to changing economic times?
Read MoretheRRD's Joe Killinger sits down with Sturai Yusufi of Commercial Brokers International to talk about women in commercial real estate. Sturai shares her experiences, how she broke into the field, and advice for those looking to break the cre glass ceiling. Contact: Joe Killinger (jkillinger@therrd.com) Sturai Yusufi (sturai@cbi-commercial.com)
Read More(Bloomberg)—Federal Reserve officials leaned toward a slightly faster pace of policy tightening at their March meeting as their growth outlook and confidence in hitting their inflation target strengthened, according to minutes of the gathering released Wednesday.
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