Investing

Real Estate Giant Affirms Suburban Office Parks Are Obsolete

According to NGKF, the office park model does "not offer the experience most of today's tenants are seeking." As a result, the suburban office market is faced with "obsolescence" on a "massive scale." More than 1,150 US office properties with over 95 million square feet are confronting this problem. Fortunately, a number of these old school office properties can still be salvaged with renovation.

Real Estate News: Warren Buffett’s Berkshire Hathaway Invests into Sears’ Real Estate Portfolio, Seritage Growth Properties

The company owned by Warren Buffett, Berkshire Hathaway, is now one of the shareholders and owners of Seritage Growth Properties stocks.

Real Estate Pros Try Their Hand At Purple Prose In Selling The Priciest Homes

Some real estate agents are now trying a different method in getting the priciest homes out of their inventory, and it's not home staging, nor offering crazy incentives, Stefanos Chen of The Wall Street Journal reports.
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