Strong consumer spending and the rise in housing construction activity are currently the prime factors for the incredible rebound of the U.S. industrial real estate sector, and experts say as home buying continues to increase, so will demand for warehouse space.
Strong demand for office space is pushing up rents at class-A buildings in all the major U.S. cities, and times have become more challenging for tenants, though they still hold the power in many parts of the country.
High prices, low yields and volatility in their domestic markets have pushed Asian investors to increase acquisitions of U.S. office properties, particularly in the West Coast markets of Los Angeles, San Francisco and Seattle.
Skilled nursing investors competing in today’s frothy market have new goals to shoot for: High-end quality and short-term stays, to both better serve the patients as well as attract profitable Medicare recipients.
Office tenants who became believers in energy conservation in the heyday of the building sustainability movement about two decades ago only to watch building owners take all the credit have cheered a recent new law that will support, track and promote their efforts at being green.
The green movement has been slow to come to the data center industry—not surprising for facilities that are believed to make up to 2 percent of the nation’s total power consumption,—but now many major data center owners and developers have embraced sustainability as a new goal.
The trickle-down of the efficient-office movement is catching up with law firms, forcing partners to figure out ways to not only service downsizing clients, but also save on their own real estate costs.
Businesses are showing their confidence in the economy in early 2015, actively seeking growth and space expansion. Though national office fundamental growth crawled even slower in the first quarter than in previous months, it’s clear the industry’s reset button has been hit hard, experts say, and the next three years should beat records for quick rent growth and absorption.