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 […]
Posts Tagged ‘vacancy’
Office overall absorption in Mexico City has consistently surpassed completions in recent years. However, new delivery records will be broken in 2015, which points to a possible turning point in office real estate indicators. In the first quarter of this year, the overall vacancy rate was up by 7.9% when compared with that of the […]
Over the last year and a half, São Paulo vacancy has jumped 3.1 percentage points for all CBD class A properties. Historical analysis of vacancy rates show that 15% is the market’s equilibrium point, so in second quarter 2014 São Paulo officially became a tenant’s market.
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 […]