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July 20, 2019
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WHAT'S NEW
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• Class A Office Rents in LA County Reached Highest Level in Seven Years and Will Continue to Rise
8/04/15
Cushman & Wakefield has put together an overview of the Greater Los Angeles office market at the midpoint for 2015. Below is that summary, provided to us by C&W: ECONOMIC OVERVIEW Los Angeles County’s unemployment rate dec...
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• Proposed California Split Roll Property Tax Could Cost the Commercial Real Estate Industry $9 Bil/Year
7/27/15
By Rex Hime There has been a lot of activity on Split Roll Property Tax in California this year. The proponents of removing Proposition 13 protections from commercial property have opened up several paths of attack, includi...
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• Puget Sound Industrial Market Mostly Positive at Midpoint for 2015
7/17/15
Here’s an overview of the Puget Sound industrial market at the mid-year point for 2015. The report was provided to us by real estate services firm Kidder Mathews. The Puget Sound’s industrial market continues to produce mos...
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• San Francisco Industrial Market Treading Water in 2nd Quarter 2015
7/07/15
Here’s a mid-year update on the San Francisco industrial market, provided to us by regional real estate services firm Kidder Mathews: The San Francisco industrial market took a pause in the second quarter of 2015, with negat...
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• Spec Developments Reducing Impact of Positive Absorption Gains in Phoenix
7/06/15
Real estate services firm JLL has just released its 2nd Quarter 2015 Office Insight report on the Phoenix, AZ market. Here is a summary of their findings: Speculative developments reducing impact of positive absorption gains...
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• San Francisco Closing in on Minneapolis as the US City with the Highest Percentage of Green Office Space
6/29/15
San Francisco significantly closed the gap on Minneapolis in the rankings of U.S. cities with the highest percentage of green office space, boasting a 70 percent green office market, up from 67.2 percent in 2014, according to...
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•  L.A. and Other CA Cities Likely to Follow San Jose with Affordable Housing Ordinance that Passes on Costs to Developers
6/24/15
Last week the CA Supreme Court voted unanimously to uphold City of San Jose’s affordable housing ordinance which requires 15 percent of all for-sale units be set aside as affordable units for any development project that crea...
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• The World’s Highest Priced Office Market is Still London’s West End
6/19/15
London’s West End continued to be the world’s highest-priced office market but Asia dominated the world’s most expensive office locations, accounting for four of the top five markets, according to CBRE Research’s semi-annual ...
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• CA Year-Over-Year Home Sales and Prices are Higher for Fourth Straight Month
6/18/15
California home sales softened in May, but the housing market momentum continued to be solid as the spring home-buying season marked higher year-over-year home sales and prices for the fourth straight month, according to the ...
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• Demand for Trophy Office Space in San Francisco Outpacing the Market in General
6/16/15
Demand for San Francisco’s trophy office towers exceeded demand for all space in the market during the first quarter of 2015, as absorption for space in these buildings jumped 4.5% in the period, compared to an increase of 0....
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• Inland Empire Enjoying Robust Retail Growth
5/12/15
2015 is already shaping up to be a robust year of retail expansion in San Bernardino County as national retailers seek out quality space and developers continue to build new centers to accommodate ongoing population growth. ...
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• Los Angeles and Long Beach Ports Top CBRE’s National Ports and Logistics Index
5/07/15
The ports of Los Angeles and Long Beach topped CBRE’s first-ever “Ports and Logistics Index,” thanks to infrastructure that is well-suited to handle the largest cargo container ships, their proximity to Asian export markets, ...
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• L.A. County Office Market Sees Modest 66k sf of Absorption in First Quarter of 2015
5/01/15
The Los Angeles County office market recorded a modest amount of net positive absorption in the first quarter of 2015 as the vacancy rate remained stable at 16.4%, according to Avison Young’s First Quarter 2015 Los Angeles Co...
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• San Francisco is the Number One Choice for Investors in 2015
4/27/15
Half of all real estate investors in North America intend to increase their property acquisitions in 2015, with San Francisco the number one target for the second year in a row, according to the CBRE North America 2015 Invest...
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• Strong Economy Boosting CA Housing Market
4/20/15
California’s housing market continued to pick up steam as existing home sales and prices propelled higher, with both posting back-to-back increases in March, according to the California Association of Realtors® (C.A.R.). Clo...
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• High Demand for Tech Space Driving OC Office Market
4/17/15
Tech talent clustering is a growing driver of demand for office space in both large and small markets across the U.S., according to a new CBRE Research report, “Scoring Tech Talent” which ranks 50 U.S. markets according to th...
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• San Diego Retail Market Continues in Positive Mode
4/14/15
San Diego’s retail market started off 2015 the same way it ended 2014, on a positive note. According to the latest research from CBRE, the region’s development pipeline is filling up with more than 27 planned projects totalin...
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• San Francisco Office Market Enjoying Super Duper Uber Leasing Activity
4/10/15
Continued strong demand by tech companies for San Francisco office properties has pushed vacancy rates to record low levels and created an unprecedented level of net absorption, according to a just-released first quarter 2015...
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• Commercial Real Estate Lending Continues to Grow
4/08/15
Commercial real estate lending increased for the fifth consecutive year in the U.S., as a strong fourth quarter capped expansion across lenders and property types, according to the latest research from CBRE. Loan closings we...
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• CA Pending Home Sales See Double-Digit Annual Jump
3/24/15
Pending home sales in California soared in February to record the first double-digit annual gain in nearly three years and the third straight year-to-year increase, suggesting improved market conditions and more closed transa...
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