‘Americas’ Archive

Florida Ports – Investment and the Potential Upside

Florida surpassed New York as the third largest state by population, and is the main anchor for the fast-growing Southeast region. Florida’s geographic location positions it to be a major player in the global distribution network, both as a consumer market and major exporter with strong linkages throughout the region. The state of Florida is […]

South America: Politics And Foreign Trade Hinder Growth

Peru, Colombia and Chile have been garnering a lot of international attention as they continue to show overall economic improvements driven by favorable public policies. Unfortunately, decelerating trade and lower commodity pricing are affecting both the trade balance and currency levels, particularly for Colombia and Peru where negative trade balances have resulted in a much […]

The Drayage Industry Continues to Feel the Impact of Worsening Truck Driver Shortage and Chassis Problems at the Ports

Transportation budgets represent one of the highest costs for most shippers to get their products to the end customer. Driver salary is the second largest operating cost (behind diesel fuel) and the shortage of qualified drivers is perhaps the biggest factor pushing up the rates shippers pay for capacity. The drayage industry is already facing […]

Nurturing Innovation: How Institutions Create Startup Ecosystems

“Don’t start a company unless it’s an obsession and something you love. If you have an exit strategy, it’s not an obsession.” – Mark Cuban, entrepreneur and investor According to the U.S. Census Bureau, approximately 97% of all business establishments in North Texas employ fewer than 100 people. Many of these small businesses are young […]

Law Firms: Moving On Up

Law firms are on the move in search of greener pastures. Shades of green range from trendier neighborhoods, closer proximity to amenities, new development, and greenest of all: reduced real estate expenses. While the increased desire to relocate has not translated into a surge in leasing activity, the number of relocations has outpaced renewals in […]

Downtown Toronto’s Explosive Evolution

With weak commodity prices choking off growth in Western Canada, and both Montreal and Ottawa deep in demand doldrums, downtown Toronto stands out as the lone wolf – the hottest market in the country. It’s hard to say whether it’s good timing or fortuitous circumstance, given the downtown market is in the midst of a […]

Washington, D.C. – No Longer Just a Government Town

Washington, D.C. is finally beginning to shake off the effects of sequestration, government dysfunction, and the overall economic slowdown seen during the period from 2012 through 2014. During this time the Washington, D.C. office market was categorized by rising vacancy rates, subdued leasing activity, and negative absorption – something not often seen in the downtown […]

Here’s Why 20% Office Vacancy Doesn’t Matter

Earlier this year, we reported on the resurgence of Downtown Los Angeles in recent years and the accompanying strength of the office market. Our Los Angeles Research team found this strength continued into first quarter 2015. In the Central Business District, direct vacancy remained relatively flat at 20.8% with a small amount of occupancy losses […]

Millennials Reshaping South Florida’s Urban Areas

Throughout South Florida, millennials, young adults born in the early 1980s through early 2000s, are flocking to the area’s amenity-dense urban cores. Since technology has inherently globalized their experiences and created a more diverse interconnected generation, millennials seek to feed their need to explore and interact. The world is at their fingertips due to advances […]

Gone To Texas: Headquarter Relocations And Expansions Are Transforming The Dallas-Fort Worth Economy

The North Texas region is a hot spot for economic activity. Nearly every week an announcement is made in the media that another company has selected the Dallas-Fort Worth (DFW) area as their new home. The sheer number of headquarter relocations and other corporate expansion projects underway are transforming the local commercial real estate landscape. […]