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LPC West Teams Up with WorkSpace for Its Property Management Operations Platform 4/26/21 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 4/23/21 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 4/15/21 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 4/14/21 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 4/12/21 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 4/09/21 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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Report Offers Quick Snapshot of How Los Angeles’ Industrial, Office, Retail and Multifamily Markets have been Impacted One Year into the Pandemic 4/08/21 This report was provided by the Los Angeles office of NAI Capital Commercial
A year into the pandemic, the pace of LA County’s commercial real estate markets has changed. As the economy began to reopen from the Covid-19 shut...
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Premier Workspaces Stepping In as Other Coworking Firms Exit 4/07/21 The pandemic has shaken up the coworking/flexible office space industry with struggling and bankrupt coworking operators dominating the headlines. Many coworking operators closed their doors, leaving office building owners wi...
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Big-Box Industrial Transactions Up 25% in 2020 as Retailers Raced to Keep Up with Surge in Online Shopping 3/30/21 This report was provided by CBRE
The top North American markets for large warehouses (200k sf or larger) saw record transaction activity in 2020, with the total number rising 25%, according to CBRE. The surge in leasing acti...
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Industrial Properties Command Rent Premiums in U.S. Airport Markets as Distribution Firms Prioritize Delivery Speed 3/19/21 This report was provided by CBRE
Distribution firms want to be close to major air hubs to expedite speedy deliveries, but there is often a price to pay: Industrial rent premiums average 13% in the top U.S. airport submarkets...
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Phoenix Sees Increase in Leasing Demand for Data Centers, Driving Vacancy Rate to Four-Year Low 3/15/21 This report was provided by global real estate services firm CBRE
Driven by demand from cloud service providers and large tech companies, Phoenix saw the sixth-most data center leasing in North America in 2020, according to ...
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Burnham-Moores Center for Real Estate to Host 25th Annual Real Estate Conference on Three Megaprojects That Will Transform San Diego 3/11/21 The Burnham-Moores Center for Real Estate at the University of San Diego School of Business is holding its largest conference of the year—the 25th Annual Real Estate Conference Virtual Edition on Thursday, March 25, 2021 from...
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2021 NAIOP SoCal USC vs UCLA Real Estate Challenge Goes Virtual on March 4 3/01/21 NAIOP SoCal will hold its much anticipated USC Trojans vs UCLA Bruins Real Estate Challenge on March 4 in a virtual format. Each year five-member graduate student teams from the Ziman Center of Real Estate at UCLA’s Anderson ...
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Multi-Use Logistics Primed for Big Growth 2/25/21 This report was provided by real estate services firm JLL
Industrial commercial real estate assets traded to the tune of nearly $96 bil in the United States in 2020, the second-best year on record, and the outlook for 2021 ...
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2020 Year-End Look at San Diego’s Medical Office Market 2/16/21 This report was provided by Joe Zurek, Senior Associate at the San Diego office of Cushman & Wakefield
MARKET HIGHLIGHTS
SUPPLY AND DEMAND: Resiliency in a Pandemic
At the end of Q4 2020, San Diego’s medical office direc...
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San Jose Ranked No. 1 for Office Development Opportunity 2/08/21 This report was provided by real estate services firm CBRE
San Jose offers the most favorable market for office construction in the U.S., according to CBRE’s U.S. Development Opportunity Index. While the metro secured the 17...
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Unusual Economic Recession Shows Mixed CRE Outlook through 2023, per Allen Matkins/UCLA Anderson Forecast California CRE Survey 2/01/21 The Winter 2021 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that the current pandemic-related economic recession is having a mixed effect on California commercial real estate sectors, a...
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Year-End 2020 Highlights of Phoenix’ Industrial and Office Markets 1/27/21 Here is a quick summary of year-end 2020 numbers for the Phoenix office and industrial markets. These highlights were provided by real estate services firm CBRE and were taken from the firm’s more extensive 2020 final reports...
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Phoenix Ranked Third in Listing of Most Favorable Development Markets in the U.S. 1/21/21 This report was provided by real estate services firm CBRE
Phoenix offers one of the most favorable development markets for commercial construction in the U.S. according to CBRE’s U.S. Development Opportunity Index. The Vall...
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Inland Empire’s East Valley Industrial Market Sees Strong Fourth Quarter 2020 1/13/21 This report was provided by the Riverside office of real estate services firm Lee & Associates
The industrial real estate segment of the Inland Empire’s East Valley finished strong in the last quarter of 2020 with increased ...
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