News: Brokerage

M Moser creates new 19,800 s/f LEED certified headquarters for Principal Global Investors, Inc.

M Moser Associates has completed the new corporate headquarters for Principal Global Investors, Inc., a subsidiary of The Principal Financial Group (PGI), achieving Leadership in Energy and Environmental Design (LEED) certification for the space which comprises the entire 25th floor of 888 Seventh Ave.   The 19,800 s/f office incorporates low privacy barriers between work stations as well as an open floor plan with few enclosed offices to promote interaction and collaboration among employees as well as to allow natural light to fill the office. M Moser worked with PGI from the beginning in order to understand the firm's goals, including productivity, employee morale and corporate identity. M Moser then managed each step in the process - from design through implementation - to help ensure that the final product reflects and supports those needs. To reach LEED certification, M Moser worked in conjunction with Synergy Construction, Inc. and OMNIBUILD to incorporate a number of high-efficiency elements in the design. The office features low-flow fixtures to reduce water usage by 40%.
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SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
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Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.