Monthly Archives: July 2014

Of NBA Basketball Franchises and Office Leases

Recently, Steve Ballmer, the Microsoft CEO, agreed to pay a whopping $2 billion for the L.A. Clippers.  That was an astonishing price for a franchise that had historically been the laughingstock of the NBA and, after 30 years, had only … Continue reading

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Big News in Brokerage is Not So Good for Tenants

Kudos to CB Richard Ellis, the world’s largest commercial brokerage firm who was recently awarded the property management contract for Commonwealth REIT’s United States’ entire portfolio consisting of 156 properties in 31 markets.  In their press release, CBRE noted that … Continue reading

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