At a time when most office markets are seeing significant rent increases due to high demand from office space users, Houston’s office market has experienced its first negative absorption quarter in five years....More
Many apartment experts think the number of vacant apartments will rise this year, despite strong rent growth this spring. But in the long term, a growing number of researchers expect the demand for rental apartments to keeping growing for more than a decade....More
The cubicle farm is on the way out. Now that hiring is up again, workplace strategy experts say that most companies want to implement collaborative office designs to attract professional talent....More
Preliminary reports for the second quarter show that office rents are experiencing strong, steady increases in most U.S. markets due to a lack of new construction and renewed hiring in the professional services sector....More
The good news keeps coming for apartments. New resident rents rose 5.2 percent over the 12 months that ended in the second quarter. That’s the biggest rent hike since 1999-2000, according to the latest data from MPF Research, based in Carrollton, Texas....More
High street assets have become a must-have among retail real estate investors in the past year or two, and U.S. cities certainly have no shortage of well-trafficked strips. To make identifying those locations easier, here's CBRE's list of most expensive retail streets in the U.S.
After a tsunami of store closing announcements during the first half of the year, experts forecast that the remainder of 2015 will be relatively quiet as retailers focus on getting through the holiday season. However, retailers will continue to shutter stores throughout the year as leases expire....More
To make it easier to calculate what total office occupancy costs are in the world’s major office markets, CBRE has just published its semi-annual Global Prime Office Occupancy Costs survey, and here we take a look at the most expensive cities in the United States.
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....More
Rents in Manhattan’s famous shopping districts are among the priciest in the world—so pricey, in fact, that many retailers and restaurants have been forced to abandon them in favor of less expensive locales....More
Just because you’re bringing in revenue doesn’t mean your commercial property is profitable. Particularly in properties with small spaces and multiple tenants, it’s easy to chip away at profitability in the minutia of managing the leasing process....More
As major global tech companies like Google and Facebook gobble up office buildings and plan new construction, Twitter is bucking the trend by continuing to lease office space, albeit in the coolest new buildings around.
Giving credence to the theory that the retail sector may be strong enough to spur an interest rate hike in the near future, U.S. chain retailers upped their store opening plans both month-over-month and year-over-year in May....More
Retailers across the nation are rightsizing their bricks-and-mortar stores, driven by several factors, including omni-channel, showrooming, improved inventory management and the desire to expand into urban environments....More
Google tries hard to keep its real estate plans secretwith its spokespeople declining to answer questions from the media regarding the size of its holdings. But judging from the information that has been made public, it's clear that the company's skyrocketing growth is not limited to its number of employees or business acquisitions.
This year’s RECon show in Las Vegas has been marked by an across-the-board optimism about tenant activity, with both owners and brokers reporting a spike in meetings about new store openings and expansions....More
In advance of ICSC’s upcoming RECon show in Las Vegas, Mike Longmore, director of retail business development with commercial real estate services firm JLL, put together a list of markets worth a second look.
U.S. chain retailers have upped their store opening plans ever-so-slightly in April, confirming a positive outlook for the retail real estate sector going forward, according to the National Retailer Demand Monthly report from RBC Capital Markets....More
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....More
Eager to deploy their funds, private equity firms are investing in restaurants and retailers. The way they approach these deals is changing, however. PE firms are increasingly focused on lease obligations as they look to maximize their investments....More