McNellis: Does WeWork at All?
Company discloses $1 billion losses in bond offering
By John McNellis
Wall Street’s biggest houses just hawked $702 million in junk bonds for WeWork. The junk...
McNellis: Seeing the Forest for the Trees
By John McNellis
If you are an entrepreneur, you are an optimist. You have to be. And, Pollyanna aside, it is no simple trick remaining...
Russ Solomon, R.I.P.
By John Cumbelich
The world of retail lost an inimitable icon last week with the passing of Russ Solomon, the founder of Tower Records, at...
Taking The Burn Out Of Escalating Construction Costs
By Adam Felson
The cost to build commercial office space is not getting any cheaper thanks to material increases, labor shortages and the demand of...
Goodbye Big Box
By John Cumbelich
First the old news: Department stores are departing; Facebook has replaced the mall as our national hangout; and Amazon and its peers...
A Peculiar Phenomenon in the Rental Market Gets a Lot More Peculiar
by Wolf Richter
Besides that, rents are in free-fall in Chicago, decline in Seattle, plunge here, soar there, city by city.
The peculiar phenomenon that had...
McNellis: Is the 1031 Exchange Panacea or Placebo?
By John McNellis
Upon selling a supermarket last week, we deposited our proceeds into a 1031 exchange account. Call this maneuver the triumph of hope...
We’re Overbuilt in Retail
By John Cumbelich
America’s inventory of shopping centers is ominously overbuilt. Even if the migration of retail sales to the internet had not brought chronic...
McNellis: The Hell of Regulatory Interpretation
By John McNellis
One truth that bears learning is this: News is very seldom as good—or as bad—as it first appears. Even when it comes...
Once Hot Seattle Apartment Market Hit by Onslaught of Supply
by Wolf Richter
Rents fall most in the Amazon neighborhood, as new supply piles up.
In Metropolitan Seattle, there are currently 24,554 apartment units under construction...
