Patrick McGregor
Patrick McGregor is a senior writer covering the real estate industry and overall economic trends in the United States for several Yardi product publications. He also holds an MBA from Thunderbird School of Global Management. Patrick was previously a commercial real estate analyst at Yardi Matrix for five years. His work has appeared in the New York Times, Bisnow, GlobeSt, The Real Deal, Business Insider, The Denver Post, The Motley Fool, and more.
2021 California Office Sales Report: Bay Area Sales Activity on a Roll, LA & San Francisco Slowly Returning
The California office market was white hot up until the pandemic hit. Two years after, office sales activity is slowly building back toward those levels, with some markets closer than others.
Top 50 Most Expensive NYC Neighborhoods: Hudson Yards & TriBeCa Maintain Top Spots
Sales activity skyrocketed in Q3 2021, while prices, too, were more spread out, but they continued to rise among NYC’s 50 priciest neighborhoods.
Real Estate’s Recovery in New York City
The 21st century is only 20% complete and we’ve already seen multiple unprecedented events — 9/11, the global financial crisis of 2008 and now COVID-19. While history never repeats itself, it…
Prominent Office Leases in New York City: March 2020
Several high-profile office leases were signed by industry-leading companies last month. We rounded up the five most notable in New York City in March – check them out below: 1. R3 & Check Point Software Technologies Move to 1155 Avenue of the Americas …
Lead Generation for Commercial Real Estate Brokers
As a CRE broker, your mission is to assist people in selling, leasing, buying, and investing in commercial real estate. But even if you’re highly…
CRE Pros’ Predictions for 2020: Development in Brooklyn & Queens, Hudson Yards Takes Spotlight
Last year was great for markets all around the world. Although the trade war and tensions in the Middle East may have put a bit…
If Glass Facades are Out, What Will NYC Skyscrapers Use?
Building designs change rapidly, with materials going in and out of fashion all the time. However, glass has been a steady favorite for facades due…
What are Office Building Classes?
Office building classes help commercial real estate investors, tenants, and brokers compare properties in the same market, which helps justify asking rents and asset pricing.…
Working from Home or Staying in the Office?
With email and chat, video conferences and whiteboards, a growing freelance workforce, and countless cloud-based collaboration tools, it’s easy to conclude that working from home…
Top Tech Companies Taking Manhattan Office Space in 2019
Tech companies are seemingly everywhere gobbling up major chunks of office space, especially in NYC’s most densely populated borough, Manhattan. Some of the companies making…
The Different Types Of Office Leases
Commercial office space is normally leased for terms of 5, 10, 15 years, and sometimes more. So, it’s important for business owners to understand the…
San Francisco and Bay Area Office Report Q3 2019: Sales Volumes Set Multi-Year Highs As Lease Rates Rise
Key Takeaways: 18 major office projects were completed in Q3 with 15 more expected by year-end Sales volume sets a 5-year record at nearly $2.7…
Commercial Real Estate Financing Explained
Key takeaways CRE loans tend to be more flex and offer more options than non-commercial loans like shorter terms and a variety of payment options…
16 Things to Consider When Leasing Office Space
One of the most exciting things about running a business is moving into a new office, and it’s an important milestone that can help your…
30 Key Office Leasing Terms You Need to Know
Negotiating a commercial office lease can be complicated; it’s sort of like trying to read a prescription from your doctor. There are abbreviations, jargon, and…
Manhattan Office Report Q3 2019: Price per Square Foot Reaches $1,676, Trophy Leases Surge
Key Takeaways Wafra flips the Coca-Cola Office Building and nets $30 million in less than 30 days Class A+ office rents in Manhattan surge 9.5%…
At Almost $5 Million, Hudson Yards Overtakes TriBeCa as the Priciest Neighborhood in NYC
Key takeaways: Hudson Yards take top spot by large margin TriBeCa falls from top spot for the first time in seven quarters Lower East Side…
Do You Pay a Premium to Live Near a Subway Station?
It seems intuitive that the more amenities something offers, the higher the price tag. A new base-model car can be expensive, but a fully loaded…
Gramercy Park Median Home Prices Go Up 87% in Q2 2019, Brooklyn’s Cobble Hill Surges 171%
Key takeaways: Hudson Yards enters the list as the 2nd most expensive NYC neighborhood in Q2 2019 Little Italy prices increase 153%, landing the neighborhood…
Yardi Breeze Makes Property Management Refreshingly Simple
Let’s face it. Managing your real estate portfolio can be complicated. Until recently, some property managers with small portfolios have felt overlooked by real estate…