‘Office’ Archive

Brazil Post World Cup

The World Cup ended on Sunday and despite their loss the early consensus is that Brazil was generally well-regarded as host by the international community. The next big hurdle that awaits Brazil are the Olympic Games in 2016. While Brazil can take a sigh of relief now that one of their major forays onto the […]

BRICKELL CITY CENTRE – The Best is Yet to Come

Brickell is not only transforming into a true 24/7 city, but attracting worldwide recognition. Innovative skyscrapers have helped brand it as one of the most prestigious neighborhoods in the county. There is a collection of cool and low-key bars and boutiques that are magnets for young professionals. The culturally heterogeneous mix of people that live […]

Bayou City Outpaces The Nation

Houston’s economy continues to add jobs well above the pace of the nation and in other large metropolitan areas. The unemployment rate in April was 4.6%, far below the national rate of 5.9%, with more than 85,000 jobs added over the last 12-months. The rate of job growth has averaged between 3% and 4% since […]

Live-Work-Play Model: The Hipsterfication Of Los Angeles

Los Angeles has a limited supply of funky brick-and-timber buildings ready to repurpose. Despite this scarcity, there is an abundance of single-story, stand-alone concrete buildings in soon-to-be-hip areas that can serve as incubators for the start-up creative companies that crop up on a weekly basis throughout the city.

Record Developments Rise As Demand Wanes Across Canadian Central Markets

With almost 14 million square feet (msf) of new office developments rising in central Canada, this is the hottest development cycle in over 20 years. Particularly active markets include Vancouver, Calgary and Toronto, where downtown developments under construction total almost 11.6 msf. What is of concern is that this is occurring simultaneously to a pronounced […]

Rising Skyline: New Construction Rent Premium

Construction activity in Manhattan is the highest it has been in over two decades. The resurgence of new development will have a substantial effect on the overall market in terms of both vacancy rates and pricing. • Delivery of new product usually causes a spike in vacancy and in average asking rents—particularly in older/less desirable […]

Atlanta Markets Hot Out Of 2014 Gates

It’s no secret by this point that Atlanta is a commercial real estate market that’s back on a hot streak after taking a big hit during the recent Recession. All the fundamentals have been moving in the right direction for months now, and we entered 2014 with plenty of wind at our backs. Dig into […]

Houston: More Than Energy

Southeast Texas, specifically the Houston-Baytown-Sugar Land 10-county region, has been one of the most consistently productive and growing metropolitan areas in the country for several years. Since the end of 2011, year-over year (YOY) job growth has remained above 3.0% (often exceeding 4.0%), and ended 2013 with an annual increase of 82,000 jobs. This accounted […]

U.S. Employment Update: February’s Employment Thaw

Today’s employment report was positive in a number of ways. It indicates that the slower growth experienced in December and January was likely an anomaly caused by the unusually severe weather and not indicative of a slowdown in the general economy. For the real estate sector, this report is particularly encouraging and strongly supportive of […]

Boston’s Seaport District Rising

Once a predominantly commercial and marine district that fell into a period of steep decline, Boston’s Seaport has, for the past fifteen years, been enjoying a sweeping transformation and resurgence, and today epitomizes the “live, work, play” concept. Crucial to the Seaport’s rebirth was the construction and eventual completion of the Big Dig, a decades-long […]