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.”