Posts Tagged ‘development’

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 […]

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 […]

Select South American Markets On The Rise

While much of the world’s spotlight has recently been focused on Brazil, the commercial real estate markets for Colombia and Peru, in particular, have been performing notably well and are forging a much stronger presence on the world stage. Spurring much of this commercial growth is GDP. In 2014, the Colombian economy grew at a […]

Queuing Up For Office Development In San Francisco

With all due respect to Austin and its unofficial city motto, San Francisco had the “keep it weird” rallying cry long before that upstart. It follows, then, that development of almost any sort has been a tricky prospect for many years in this progressive city. Yet it does occur albeit under the close scrutiny of […]

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 […]

RACE TO BUILD

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, […]