Owner and/or developer: Brand Atlantic Real Estate Partners and Wheelock Street Capital. It's no surprise then that the wealthiest Americans are the least likely to store their wealth in their homes. Dance: 300 Banyan is the first ground-up Class A office space in the Clematis Waterfront District in decades and will be a truly unique addition to the West Palm Beach skyline. Marcus & Millichap Brokers Delaware County Retail Center for Nearly $4 Million. The 7th floor loggia at 300 Banyan is a great example of this, with a 2, 500-square-foot indoor/outdoor fitness center, a covered open-air lounge with landscaping and a reflecting pool, and an expansive event terrace with panoramic water views. The tower will also include an elevated parking garage above ground floor retail, lobby and food and beverage offerings. The building design is a marriage of design and functionality, employing a rhythm of cantilevered floor plates to create its architectural interest and to provide shading mechanisms for over 25, 000 square feet of covered outdoor terraces. 9 million sale of Popeyes and Dollar General, a 10, 000-square foot retail property located in Folcroft, PA, according to Sean Beuche, Philadelphia regional manager and Pennsylvania broker of record. Connect with a specialist today.
We are targeting a tenant base that includes hedge fund and investment managers, investment banks, venture capital funds, fintech companies, and family offices. No credit card required. The project will be delivered in two phases: 301 Clematis is scheduled to deliver in the 4th quarter of 2022 after the gut renovation and historic restoration of the existing, 45, 000 square-feet building; 300 Banyan is scheduled to deliver in the 4th quarter of 2023 upon construction completion of the ground-up, 12-story tower. In 2011, then University of Chicago economists Atif Mian and Amir Sufi looked at how homeowners responded to rising home values and discovered that newfound equity wasn't used for further investment or even to pay down expensive credit-card balances but rather largely for home improvement or other consumption. If we want to make housing affordable for everyone, then it needs to be cheap and widely available. "With the waterfront and all of the convenience and energy of Clematis Street, we can't think of a better location for office tenants considering Class A space in West Palm Beach, " said Andrew Dance, Managing Partner at Brand Atlantic.
Gilbane Building Company Awarded 111 Olive Ave Project. But even pre-pandemic research cuts against common understandings of how homeowners use their equity. Not only would this shift in emphasis help American families diversify risk, but it would help them avoid many of the unavoidably unequal features of the housing market. In an interview with UC Berkeley professor Carolina Reid in 2013, a low-income first-time homebuyer explained: "The three months after we bought the house, we tripled our credit card debt. People also tend to underrate the hidden costs of owning a home, including property taxes, utilities, maintenance costs, and upkeep.
A password will be e-mailed to you. Marcus & Millichap announced today the sale of a net leased Starbucks property and a net leased Shake Shack property located at 7979-7999 East Arapahoe Road, Greenwood Village, Colorado. The Port has approved permits with three global concessionaires to create a reimagined airport retail program offering goods from numerous local businesses. Senior Vice President of Operations. What are your predictions for the West Palm Beach office market going forward? The Boston Fed estimated that from January to October 2020, as mortgage rates plummeted, 12 percent of white, 14 percent of Asian, and 9 percent of Hispanic borrowers refinanced their homes—whereas only 6 percent of Black borrowers did, likely because of risk factors such as lower credit scores. Marcus & Millichap announced today the sale of Colorado Springs Family Practice, a 24, 806-square-foot office property located in Colorado Springs, Colorado. Finding the right investment opportunity is easy when choosing from the industry's largest, most diverse collection of exclusive commercial real estate listings. We couldn't think of a better address for office tenants considering Class A space in West Palm Beach. What's special about this project? According to a recent report, Related plans to construct a 25-story tower called One Flagler on the site. At Rabideau Klein, we have extensive experience handling multi-million-dollar transactions for high-end commercial real estate in the Town of Palm Beach and Palm Beach County.
It is propped up by numerous government interventions, including the 30-year fixed-rate mortgage. Salesforce Sheds Additional 125, 000 SQFT of Space in San Francisco, Now... March 3, 2023. However, the market is so dynamic that I wouldn't be surprised if we start to see a broader set of tenants scouting for space. Office floors will feature floor- to-ceiling glass, water views, wide column-free spans, and over 15, 000 square feet of shaded private terraces. 9 percent annual return while the average Black seller earned a 0. Is constantly updating our database with the most current information, but sometimes we over look an important piece of information for you. America has put a lot of weight on this one institution's shoulders. Better government policy can resolve some racial inequities, but not all. Any rights in individual contents of the database are licensed under the Database Contents License: Please confirm your credit card information to continue using BLDUP. In a 2018 survey of a sample of America's mayors—in which most registered serious concerns about housing affordability—less than 25 percent of respondents agreed with the statement "It would be better if housing prices in my city declined. "