CBRE Selling State of California Buildings For .08% Fee
December 18, 2009
The numbers speak for themselves. The six groups vying to handle the massive sale-leaseback transaction for the State of California were: CBRE, HFF, Eastdil Secured, Jones Lang LaSalle, Cushman & Wakefield, and The Palmer Team. The winning bidder was CBRE, whose bid was .08%. That’s right, one-twelfth of 1%. And they weren’t even the cheapest! So [...]
Read More >>CRE: 90′s Then And Now Part Three
November 3, 2009
Business Insider had a two-post discussion on commercial real estate, and the difference between the nineties and now. The original post which references a post by David Lynn of ING Clarion in NREI points out that we don’t have the oversupply problem that plagued the industry in the 90′s. In addition, most real estate is [...]
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