There is a coming crisis in many markets: the changing occupier needs can no longer be adequately supported by the majority of the already-built inventory. A review of the class A office buildings across the central business districts of Boston, New York, Washington DC, Chicago, Los Angeles and San Francisco reveals that over 53% of […]
Posts Tagged ‘commercial real estate’
Construction activity has returned in the Northeast. From Central New Jersey to Portland, Maine, new construction has reemerged, particularly in the major markets of Manhattan and Boston. Nearly 38 percent of the 48.0 million square feet (msf) currently under construction in U.S. markets are located in the Northeast.
Developers are now in a race to build the next new addition to the San Francisco skyline. Over the past two years, strong tenant demand, especially from technology firms like Salesforce, Square and Twitter, has propelled San Francisco to outperform much of the US and global market. Vacancy rates have fallen below the 10% mark, […]
The short answer is yes, they impact the momentum of activity surrounding industrial property, particularly by logistics firms. Driving the demand for warehouse/distribution space, specifically big box, 30’ and greater clear height product, is the need to accommodate movement of goods where costs associated are as reduced as possible. For transport, this means a tighter […]
The Current Conditions component of the Index of Consumer Sentiment is one of the better indicators of consumer spending. It is suggesting that consumers feel wealthier and better off in general today than they have in many years…If they begin to increase their spending more rapidly, it will boost the entire US and global economy.
One of the most important influences on the US economy’s performance in 2013 and beyond is the expected shift in the housing sector from a drag on economic activity to a source of stimulus. Over the past several months there has been a growing body of evidence that housing is reviving. The three major measures […]