Corporations back in buying game

A recent article in Real Estate Weekly, which quotes Michael Rudder, highlights how the availability in financing has made the current market an good time for companies to purchase their space.  The article highlights the recent acquisitions made by Google, Nordstroms and Coach.   

“It’s a cyclical situation,” said Michael Rotchford, Cushman and Wakefield’s head of corporate finance and investment banking. “In certain times in the real estate cycle matched up to the capital cycle it becomes much more affordable for corporations to buy real estate.”

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The RPG Office Condominium Report

Mid-Year 2012

This report provides an overview of the Manhattan office condominium sales market in the first half of 2012 and it includes historical sales data, an in-depth look at notable office condominium sales in each submarket, and the citywide office condominium availability rates. In addition, this report features an interview with Doug Lasdon, the executive director of the Urban Justice Center. Doug discusses the successes his organization has had in the office condominium market.

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