| CA Home Prices Continue to Rise While Sales Volume Slows Due to Lowest Inventory Levels in 13 Years
Amid the lowest housing inventory levels in more than 13 years, existing home sales still eked out a year-over-year gain, while the median sales price posted a solid annual increase, per the latest figures from the California...
| Warehouse Construction Surge Lifts Industrial Land Prices By Double Digits In Major US Logistics Markets, Led by California’s Inland Empire
The e-commerce-fueled surge in development of warehouses and distribution centers has generated double-digit, year-over-year percentage increases in prices for industrial land in major markets, led by California’s Inland Empi...
| Portland Industrial Market Closes Out 2017 in Solid Shape
Here’s a quick snapshot of the Portland industrial market at the end of 2017, provided to us by real estate services firm Cushman & Wakefield:
• Thanks to Amazon, 2017 was the year of the mega-lease in greater Portland with ...
| San Francisco Office Market Gets Its Second Wind During Final Quarter of 2017
This end-of-year report on the San Francisco office market was provided to us by commercial real estate services firm Kidder Mathews:
The San Francisco office market got its second wind in the fourth quarter, closing 2017 wi...
| San Diego Office Market Soars in 2017
San Diego’s office market flourished in the second half of 2017, according to Cushman & Wakefield’s latest year-end market report. With a commanding 716.6k sf of positive net absorption in the third quarter, San Diego’s offic...
| Medical Users May Resuscitate Long Dead Retail Big Box Space in the Inland Empire
This report was provided to us by CBRE and is based on research conducted by the global real estate services firm.
We’ve all heard the adage “if the shoe fits, wear it.” When we look at the Inland Empire’s (IE) large supply ...
| SAVE the DATE => January 24 is RENTV's Orange County State of the Market Conference
Here's your chance to hear and mingle with some of Orange County's leading dealmakers as they share their insight on the office, industrial, retail and multifamily markets at RENTV's upcoming State of the Market conference f...
| Businesses Pay a Hefty Premium for America’s Top Office Addresses
America’s most desirable office addresses command an average annual asking rent of $48.65 per square foot, a 47% premium compared to the rest of the country. And they remain as popular as ever. According to JLL’s 2017 Most Ex...
| SAVE the DATE => February 28 is RENTV's San Jose / Silicon Valley State of the Market Conference
Leading CRE pros from San Jose and Silicon Valley will provide an up-to-the-moment overview of the region's office, industrial, retail and multifamily markets at RENTV's annual conference about this important part of the sta...
| Watch Birtcher Development LLC CEO Brandon Birtcher's Impassioned Keynote Address at Recent RENTV South Bay/Long Beach Conference
Highly respected industry pro gives forward-thinking presentation about his company, the market, the economy and the future in a speech entitled "Conventional Thinking May Be Irrelevant".
| Tech Industry’s Impact on Office Demand Spilling over into Submarkets with more Traditional Spaces
The willingness of tech companies to pay a premium for office space in the hottest tech submarkets is spilling over into neighboring submarkets as available space dwindles, according to CBRE’s annual Tech-30 report, which mea...
| Del Mar Heights Blvd Boasts the Highest Retail Rents in the San Diego Area
San Diego’s Del Mar Heights Boulevard is listed as having the 14th most expensive retail rents in the Americas, according to Cushman & Wakefield’s 29th annual Main Street Across the World report, just released. In last year’s...
| Law Firms Adjusting Real Estate Strategies to Respond to Changing Workplace Needs
Law firms are adjusting their real estate strategies in response to advances in technology, shifting client demand, aging workforces and intense competition to attract and retain skilled talent, according to a new report from...
| CA Housing Affordability Drops to Lowest Level in 10 Years
California’s housing affordability hit a 10-year low as tight housing inventory drove home prices higher and reduced purchasing power for homebuyers in the third quarter, primarily in previously more affordable regions such a...
| Outlook for U.S. Commercial RE Lending Market Remains Upbeat
Commercial real estate lending markets remained on the upswing in Q3 2017 with rising equity prices, limited volatility and tightening spreads, according to the latest research from CBRE.
The CBRE Lending Momentum Index, whi...
| CBRE Group Acquires Heery International Inc
CBRE Group Inc has completed its previously-announced acquisition of Heery International Inc (Heery), the project management and design engineering business of the international infrastructure group, Balfour Beatty LLC.
| San Diego Sees Rejuvenated Industrial Market in the Third Quarter
Following a sluggish second quarter, characterized by local experts as an ‘early summer’, San Diego’s industrial market was rejuvenated in the third quarter with nearly 650k sf of occupancy growth, according to Cushman & Wake...
| International Appetite for U.S. Industrial Real Estate Surges
Strong fundamentals, the growing sophistication of logistics facilities and e-commerce growth has led to a surge in foreign industrial investment in the U.S., according to the latest research from CBRE.
Foreign investors ha...
| SoCal Expected to See Triple-Digit Residential Rent Increases Over Next Two Years
The 2017 University of Southern California Casden Economics Forecast finds that rising employment combined with an ongoing lull in homeownership will again drive rent increases over the next two years throughout the region.
| U.S. Office Vacancy Drops to 12.9%
Vacant office space in the U.S. declined by 10 basis points (bps) during the third quarter of 2017 (Q3 2017) dropping to 12.9%, according to the latest analysis from CBRE. Continuing a recent pattern, suburban office markets ...