We have long maintained that one of the keys to the strength of the U.S. economy in 2014 will be whether and when firms shift from worrying about costs to worrying about losing sales. When companies are more willing to take risk, they are more aggressive in hiring and when that happens, the pace of […]
Along with the passage of a Federal budget at year-end 2013 came cautious optimism for increased GSA leasing in 2014. Typically representing about a third of new leases in the District, GSA leasing soared to nearly half of all square footage leased in 2009 and 2010 as the impacts of the Federal Stimulus Package took […]
By Eric Berkman and Andrew Asbill Capital Markets, Washington, D.C. The champagne at election-night celebrations had barely lost its fizz when Senator-elect Tim Kaine of Virginia gave a sobering warning about the fierce financial hangover that is looming. Talking to Matt Lauer on NBC’s Today Show, Kaine reminded us that the fiscal cliff will still […]
Occupier and investor activity in the global property market largely held up in the third quarter – but what are we likely to see in the next few months? Sentiment has certainly become more cautious, which is hardly surprising given the volatility of financial markets and the uncertainty most of us are feeling over the […]
There were natural disasters and man-made disasters and together they brought the economy to a screeching halt.
Office-using employment is definitely booming in San Jose, Dallas, Seattle, and Los Angeles. Overall job creation rates remain strong in Dallas, Orlando, Suburban Maryland, and Houston. Technology, energy, manufacturing and trade sectors have all been staffing up, although the rate of growth may still be below par in some of our major metropolitan areas like […]
The recession of 2007-2009 was partially a result of over-leveraging as consumers borrowed beyond their means to purchase goods and services. This was most notable in the housing sector where lending soared, households borrowed far more than they could reasonably be expected to pay back and the resulting mortgage crisis strained the banking system and […]
21st October 2010 While leasing has improved nationally from third quarter, 2009 to the present, there are differences in the pace of improvement between and within markets and certainly between CBDs (Central Business Districts) and Non CBDs (suburban markets). In the CBDs leasing is up 31.6% year over year while in the suburbs it is […]