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February 25, 2024
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• Economy Reawakening Tentatively Signals the Beginning of a New CRE Cycle
The Summer 2021 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that Californians have a palpable urge to return to normal, as expectations for the next three years among Survey respondents...
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• The Bay Area Ranks as the Second Largest Market in the Hot Life Sciences Sector
This report was provided by CBRE Life-science lab space has emerged as a coveted sector of commercial real estate as hefty increases in funding and employment have fueled both demand for lab space and construction of it in l...
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• San Francisco Bay Area Retains Top Spot on Annual “Scoring Tech Talent” from CBRE
This report was provided by global real estate services firm CBRE San Francisco has retained its position as the #1 overall market on CBRE’s 2021 Scoring Tech Talent report as North American tech-talent employment weathered ...
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• Investor Demand in Retail Trending Up, Thanks to Consumer Spending
This report was provided by JLL Consumer spending on retail has rebounded, eclipsing pre-COVID levels, according to the latest research by JLL. Now, investor confidence – and demand – is following, evidenced by a bounce-back...
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• U.S. Will Need 330 msf of Additional Distribution Space by 2025 to Meet Robust E-Commerce Demand
This report was provided by CBRE With e-commerce penetration expected to grow to 26% of all retail sales by 2025, the U.S. will need an additional 330 msf of distribution space just to handle the increase in online ordering ...
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• Net-Lease Investment Activity Close to Pre-Pandemic Levels
This report was provided by CBRE Investment in U.S. net-lease properties was close to pre-pandemic levels in Q1 2021, driven by robust institutional acquisition activity, increased interest in office assets as return-to-the-...
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• Film Industry Thrived Through Pandemic Thanks to Streaming Video on Demand
This report was provided by CBRE Pacific Southwest Thought Leadership Like most industries around the world, film and television was rocked by the spread of the Coronavirus pandemic. As a result of social distancing guidelin...
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• Unprecedented Disruption has Reshaped the Future of Logistics
Cushman & Wakefield has released its 2021 Global Logistics Outlook. The report analyzes key drivers affecting growth, global leasing dynamics and provides an outlook for the sector. Here is a summary of that report, provided ...
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• Construction Industry Report Predicts Residential Building Downtown in 2022
While builders in the United States have seen record increases in revenue and net profit with homeowners seeking to improve their living environments because of the COVID-19 pandemic, 2022 predictions for the residential home...
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• Does Your Building Qualify for a Life Sciences Conversion?
This report was provided by real estate services firm Cushman & Wakefield Interest in converting existing real estate assets to life sciences use is growing amongst building owners in many markets. Cushman & Wakefield’s Proj...
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• Ventura County Multifamily and Industrial Markets Enjoying Strong Demand While Office and Retail Markets are Struggling
This report was provided by NAI Capital A year into the pandemic, Ventura County commercial real estate markets continued to diverge. Vacant multifamily housing units and industrial space declined by double digits over the p...
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• East Bay Industrial Vacancy Rate Up Slightly and Expected to Continue to Rise Due to New Construction
This report was provided by the East Bay office of real estate services firm Cushman & Wakefield ECONOMY: Path to Recovery Comes Into Focus The East Bay, consisting of Alameda and Contra Costa counties, recorded a decline ...
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• Larger Office Blocks in L.A. Less Impacted by the Market Slowdown
This update was provided by CBRE While the COVID-19 pandemic and remote working have led to a deterioration in regional office market fundamentals, large footprint space has seen substantially less impact. As of Q1 2021, the...
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• Industrial Construction Picks Up in the Inland Empire
This update was provided by real estate services firm NAI Capital A year into the pandemic, rising rents and soaring demand for warehouses motivated developers to bring new projects online in the Inland Empire. Industrial sp...
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• LPC West Teams Up with WorkSpace for Its Property Management Operations Platform
LPC West has entered into a strategic alliance with WorkSpace, a leading commercial real estate operations platform. Under the partnership, LPC West will embrace WorkSpace as the preferred software platform for all LPC West c...
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• Vaccinations and Economic Stimulus Spur Stronger Second Half Performance for U.S. Hotels
This report provided by CBRE The continued rollout of COVID-19 vaccinations and additional stimulus funds have strengthened the foundation for the recovery of the U.S. lodging industry. According to the February 2021 edition...
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• San Francisco Office Activity is Slowly Picking Up in 2021
This report was provided by Kidder Mathews Director of Research Gary Baragona Market Drivers San Francisco office availability rose slightly in the first quarter to 26.9% across all class types. In particular, sublease ava...
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• San Diego Industrial Market Performing at Record Level
This report was proved by Kidder Mathews Director of Research Gary Baragona The San Diego industrial market continues to perform at record levels amid the pandemic at the end of the first quarter. MARKET DRIVERS • The ave...
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• Portland’s Office Vacancy Rate Rises in the First Quarter of 2021
Here’s a snapshot overview of the first quarter 2021 numbers for the Portland office market. This update was provided by the Pacific Northwest region of real estate services firm Kidder Mathews Market Drivers • Office avai...
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• Report Looks at How Covid Pandemic Accelerated High-Density to Low-Density Population Migration Trend in Sacramento
Here is an interesting look at how the ongoing demographic trend of people moving from high-density markets to lower-density markets was impacted by the Covid-19 pandemic, at least for one market – Sacramento. This report was...
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