While 2010 may not turn out to be a banner year for capital flows to commercial real estate, investors of all stripes do have a growing hunger for yield, which has led to an increasing willingness to wade back into the market. Still missing from the overall picture, though: a much-anticipated boom of dispositions/acquisitions of problem loans and distressed properties.

Summer 2010

the roof at night of the 1200 Nineteenth building

1200 19th Street – Creating Modern Curb Appeal

By: Andrew Rollman, AIA, LEED AP, vice president and senior designer, SmithGroup.

Opportunities exist for developers to leverage prime downtown locations and create value through the redevelopment of older assets. Many of these opportunities present complex challenges that require incorporating modern design, technology and environmental strategies into structures that were built more than 30 years ago.      

conveyor belts in Empire Merchants warehouse

Empire Merchants North – Green Design for the End User

By: Edmund Klimek, AIA, partner, and Wanda Lau, LEED AP, communications director, KSS Architects LLP

In the midst of last year’s construction downturn, a construction site in the small town of Coxsackie, New York, seemed oblivious. Activity was buzzing on the 21-acre parcel, the future home of a new corporate headquarters and distribution center for Empire Merchants North, an alcohol distributor.      

Guhn Road Distribution building exterior

Guhn Road Distribution Center – Weathering the Storm

By: Joseph G. Llamas, senior development manager, McShane Development Company

The State of Texas has fared far better than many of its neighbors in the current economy. Few areas of the country remained immune to the near-collapse of the financial markets and the resulting impact on commercial real estate. The occasional industrial build-to-suit surfaced sporadically in 2009, but represented more of the exception than the norm.