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• Building Block Foundation Fund Announces White Party 2023 to be Held August 23 at Newport Dunes
7/21/23
Building Block Foundation Fund’s White Party, a once-a-year event that raises funds for significant Orange County charities that support at risk youth, will be held August 23 at the Newport Dunes in Newport Beach.
In 2022 th...
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• Ventura County Industrial Vacancy Rate Rose 2.7% in Second Qtr 2023
7/06/23
This 2nd quarter 2023 update provided by real estate services firm Kidder Mathews
MARKET HIGHLIGHTS
• Direct vacancies rose to 2.7%, steady quarter-over-quarter.
• Direct asking lease rates increased to $1.23/sf NNN from $1...
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• San Francisco Office Vacancies Continue to Reach New Heights
7/05/23
This report was provided by real estate services firm Kidder Mathews
MARKET HIGHLIGHTS
Total Vacancy climbs to 26.8%
Sublease Vacancy increased by 80 bps quarter-over-quarter to 5.8%.
There is a large discrepancy between pr...
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• Orange County Office CRE Market Update – 2nd Qtr. 2023
6/20/23
MARKET HIGHLIGHTS
• The direct market vacancy rate in Orange County is now 12.6%.
• The average asking price on a full-service basis was $2.68/SF.
• During 2Q2023, 270k sf will still be under construction.
Market Drivers
...
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• Save the Date - Aug 17 is RENTV's Greater L.A. State of the Market Conference
6/12/23
Hear and network with industry pros who will discuss the region's office, industrial, retail, multifamily and finance sectors at this annual event.
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• Los Angeles First Quarter Industrial Leasing Activity Lowest Since 2014
5/22/23
This report provided by Cushman & Wakefield
The Los Angeles (LA) industrial market recorded 5.8 msf of new leasing activity across 162 deals in Q1 2023, recording the lowest first quarter leasing total since 2014. New leasin...
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• Bay Area Life Science Development Pipeline Normalizes
5/19/23
This report provided by real estate services firm JLL
Life sciences under development inventory in the Bay Area normalizes after a period of hypergrowth
• The development inventory of life science (laboratory with office) ...
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• Meet the Inland Empire Experts from RENTV's State of the Market Conference
5/17/23
Below are photos of the experts who spoke at RENTV's recent Inland Empire State of the Market Conference, held on May 9 in Ontario.
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• Ventura County's Industrial Market Struggles with Depleted Supply and Soaring Rents in Q1 2023
5/15/23
This report provided by real estate services firm NAI Capital Commercial
MARKET OVERVIEW
In Q1 2023, Ventura County's industrial market experienced a 77.1% increase in vacant space from Q4 2022, with demand for warehouse-d...
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• Office Users Continue to Struggle with Higher Costs, Tight Labor and Supply Chains when Fitting Out Space
5/04/23
This report provided by real estate services firm Cushman & Wakefield
Cushman & Wakefield released its 2023 Fit Out Cost Guide for office markets, finding that supply chain constraints, inflationary pressures and increased l...
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• Seattle Retail Market Remains Stable
4/27/23
This report provided by real estate services firm Kidder Mathews
Seattle Retail CRE Market Update – 1st Qtr 2023
The pandemic created a monumental shift in the way consumers live, work and shop and three years later, most m...
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• Phoenix Office Market Slow, But Holding Up Better than Other Cities
4/24/23
This report provided by real estate services firm Avison Young
While office rental rates fell slightly for both class B and C buildings in Phoenix, average rents increased for class A space as demand for trophy office proper...
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• Industrial Construction in the Inland Empire Catching Up to Demand
4/20/23
MARKET OVERVIEW
The Inland Empire’s industrial market continued to notice the increase in construction shaping up from the impact of demand caused by the pandemic and supply chain challenges that are now a distant memory. Wi...
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• Sacramento Industrial Market Showing Signs of Slowing
4/17/23
This report provided by real estate services firm Kidder Mathews
MARKET HIGHLIGHTS
• Average asking lease rates are $0.80/SF.
• Direct vacancy rates increased YOY from 3.5% to 4.4%.
• Sales transactions decreased by 22.7% Y...
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• San Diego Office Leasing Activity Fell to Lowest Level in 15 Years
4/14/23
MARKET HIGHLIGHTS
• Leasing volume fell over 50% YOY to 1.1 msf.
• Rental rates dropped QOQ and YOY to $3.04/SF on a full-service basis.
• Average sale price per square feet dipped to a five-year low of $227/SF.
MARKET DRI...
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• Houston Office Market Fundamentals Remain Soft but Showing Signs of Improvement
4/12/23
This update provided by real estate services firm Avison Young
Houston’s economy is coming off a remarkable year with record job growth in 2022, but office market fundamentals remain soft, according to Avison Young’s just-re...
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• Commercial Real Estate Vacancy Rates in L.A. County Continue to Rise
4/11/23
This report provided by NAI Capital Commercial
L.A. County's commercial real estate markets slowed in the first quarter of 2023 with vacancy rates rising and rents dropping – except for multifamily rent which jumped back up ...
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• Orange County and Eastern LA are Two of the Most Competitive Markets for Apartments in California
3/27/23
This report provided by RentCafe, a division of Yardi.com
Orange County and Eastern LA are not only the toughest markets for apartment searching in California, but they also rank as the 11th and 20th most competitive in the ...
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• Central Washington Ranks Eighth, Seattle Fifteenth for Data Center Leasing in 2022
3/24/23
This report provided by CBRE
Renewable green hydropower availability and some of the lowest power rates in North America attracted data center operators to Washington State last year, according to a new report from CBRE.
...
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• See the Speaker Panels from March 16 OC CRE Conference
3/20/23
Below are pics of the Office, industrial, retail, multifamily and finance panels from RENTV's 2023 Orange County State of the Market Conference, held March 16 at Irvine Company's Venue event facility in Irvine.
Venue is part...
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