Archive for September, 2010

Impact of lease accounting rule could be significant for Commercial Real Estate

September 30, 2010
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Impact of lease accounting rule could be significant for Commercial Real Estate

We’ve spoken, before, about potential changes in how leases will show up on corporations’ books:  Office Space Leases: Will There be Changes Affecting Accounting Treatment for Corporations?  Well, it looks like the topic is now starting to get a little more press.  Below is an excerpt from the Atlanta Business Chronicle regarding the changes and how they...
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Innovation in Commercial Real Estate

September 28, 2010
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Innovation in Commercial Real Estate

I’ve been on the forefront of complaining about the lack on innovation in Commercial Real Estate.  Whether it is the fact the most brokerage companies continue to tell their new brokers the best way for new business is to cold call.  Or, the fact the actual process of representing a company evaluating their office...
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Empty Office Space In Metro Atlanta Impacts Us All

September 27, 2010
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Below is a link to a video done by Channel 2 News here in Atlanta.  The video does a good job describing the Atlanta Office Market, and the situation that we’re in right now.  However, Channel 2 News didn’t do a good job allowing me to embed the video on my blog, so you’ll have to...
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Grand Opening of World’s Tallest Building – Burj Khalifa (Burj Dubai)

September 23, 2010
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Below is a video of the Grand Opening of the World’s Tallest Building.  It truly is pretty cool to watch.  Enjoy.
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Posted in General Industry Information | 2 Comments »

Great New Lease Management Software from Visual Lease

September 22, 2010
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Great New Lease Management Software from Visual Lease

The one and only Duke Long made me aware of this company and their software.  It looks like a great tool if you are a tenant with multiple locations.  See below for the benefits. Featuring stunning software from Visual Lease. EASY TO USE -User-centered design -Instant access to summary and detail information -Intuitive design allows for...
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Atlanta’s Northeast Office Market’s 2nd Quarter Report

September 21, 2010
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Atlanta’s Northeast Office Market’s 2nd Quarter Report

ATLANTA’S NORTHEAST OFFICE MARKET AT A GLANCE:  • Following a strong first quarter of absorption, Northeast Atlanta’s performance in second quarter was lackluster. There was virtually no change in occupancy levels between quarters and the vacancy rate remained unchanged at 21.3%. • Mostly bolstered by NCR’s headquarter relocation in the first quarter, Northeast’s year-to-date...
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Atlanta’s Central Perimeter 2nd Quarter Office Market Report

September 16, 2010
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Atlanta’s Central Perimeter 2nd Quarter Office Market Report

CENTRAL PERIMETER OFFICE MARKET AT A GLANCE  • Central Perimeter leads all submarkets in year-to-date office space absorbed. This is a complete reversal from the submarket’s performance at mid-year 2009 when it led Atlanta in the amount of occupied space lost. • The Atlanta Journal-Constitution’s move from its longtime Downtown location to 223 Perimeter...
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Still Waiting for Real Estate Shoe to Drop: LeFrak – CNBC

September 15, 2010
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The danger of a collapse in the commercial real estate sector seems to have been overcome due to the low interest rates, but investors are still waiting for the second shoe to drop in downturn, Richard LeFrak, the LeFrak Organization president, told CNBC Friday. See video below:
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Atlanta’s North Fulton 2nd Quarter Office Market Report

September 14, 2010
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Atlanta’s North Fulton 2nd Quarter Office Market Report

NORTH FULTON OFFICE MARKET AT A GLANCE  • For the fifth consecutive quarter, office absorption in North Fulton was negative.  Occupancy dropped by another 65,000 SF in the second quarter. For the year, tenants have given back over 127,000 SF of office space in the submarket. • Compared to Atlanta’s other office markets, North...
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Midtown Atlanta’s 2nd Quarter Office Market Report

September 13, 2010
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Midtown Atlanta’s 2nd Quarter Office Market Report

MIDTOWN ATLANTA AT A GLANCE:  • Second quarter office occupancy dropped by 56,789 SF in Midtown. The submarket’s absorption activity has been bouncing from positive to negative over the past year. This is expected to continue through the remainder of 2010. • Midtown is one of three office submarkets under performing from last year’s...
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Scotland Wright Associates Patrick Braswell Principal Scotland Wright Associates
Direct Number: 404.574.5553 Cell Number: 404.312.2053 Email: pbraswell@scotlandwright.com