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April 24, 2024
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WHAT'S NEW
Archive
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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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• San Diego County Medical Office Sector Ends 2022 with Uptick in Activity
3/16/23
This report was provided by real estate services firm JLL Overview • The San Diego medical office market posted its strongest quarter of the year in Q4 with 122.1k sf of net absorption. Most submarkets saw over 10k sf of ne...
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• RENTV's 2023 Inland Empire State of the Market Conference is on Tuesday, May 9 at the Embassy Suites by Hilton Ontario Airport Hotel
3/14/23
The event will feature high-powered panels of top local executives and dealmakers discussing the Office, Retail, Industrial, Multifamily and Finance markets throughout the Inland Empire. The conference will open for registrat...
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• A New Large-Lease Leader: Finance and Insurance Industry Signed More of the Top 100 US Office Leases in 2022 than Tech Industry
3/06/23
This report provided by CBRE The finance and insurance industry supplanted the tech industry last year for the largest share of the top 100 office leases in the U.S., according to a new report from CBRE. Finance and insuranc...
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• 2022 Sets Record for Million sf+ Industrial Leases
2/28/23
This report provided by CBRE Demand for industrial & logistics warehousing space is driving an increase in mega-warehouses, according to a new CBRE report. The largest 100 industrial lease transactions in 2022 included an ...
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• San Diego Multifamily Market Closed Out 2022 with Strong 4th Quarter
2/27/23
This 4th quarter 2022 overview provided by real estate services firm Northmarq San Diego multifamily market highlights: • Most property performance metrics in San Diego improved in 2022, and conditions were strong in the fo...
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