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A CIE is the commercial real estate equivalent of the residential Multiple Listing Service. [ 2 ] [ 3 ] CIEs help commercial real estate professionals ( brokers , property owners , developers , investors , tenants , etc.) share information about commercial property, recent sale or lease transactions, market statistics, and contacts.
Here’s why “ghost towers” might have many investors spooked — and what you can do about it.
The BellTel Lofts (formerly the New York Telephone Company Building, 101 Willoughby Street, and 7 MetroTech Center) is a mostly residential building at 101 Willoughby Street and 365 Bridge Street in the Downtown Brooklyn neighborhood of New York City.
The ExxonMobil Building (also known as Exxon Tower, and formerly as Humble Oil Building) at 800 Bell Street in Houston, Texas is a 45-story, 1,200,000 sq ft (110,000 m 2) skyscraper built in 1963, designed by Welton Becket & Associates. [1]
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
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