| San Francisco Ranks as the Nation’s Greenest City for Office Space
Institutional owners of office buildings continued to pursue green building certifications in the 30 largest U.S. markets during 2015. Continuing an upward trend over the past decade, green certifications are now held by 11.8...
| U.S. Office Vacancy Rates Hold Steady in Q3 2016
Vacant space in the U.S. office market held steady during the third quarter of 2016 (Q3 2016), at 13.1 percent, according to the latest analysis from CBRE Group Inc. The national office vacancy rate remained at the lowest lev...
| Welltower Inc Acquires 2,590-Unit Senior Housing Portfolio for $1.15 Bil
Welltower Inc has purchased a 19-property senior housing portfolio for $1.15 bil, or approximately $445k/unit. The 2,590-unit portfolio includes a combination of assisted living, independent living and memory care units. Eigh...
| Millennials, Baby Boomers and Favorable Financing Drive Multifamily Cap Rate Strength Throughout U.S.
Lifestyle changes from Millennials, Baby Boomers and a favorable financing environment contributed to resilient multifamily capitalization rates in the U.S. over the first half of 2016—according to the latest research from gl...
| Overall CRE Investment from the Middle East Has Seen a Sharp Uptick
Middle East investment in global commercial real estate reached nearly US$10 billion in the first half of 2016, with the target markets becoming more diverse and a substantial uptick in activity in the U.S., according to the ...
| San Jose, Los Angeles and San Diego Ranked as Three of the Top Five Undersupplied Markets for Self-Storage Facilities
New York, San Jose, Los Angeles, San Diego and Baltimore rank as the top five undersupplied markets when it comes to self-storage facilities according to a new report from the Self Storage Valuation Group at CBRE Valuation & ...
| U.S. Economic Expansion Resilient in the Face of Slowing Global Demand
The U.S. economy weathered rough headwinds in the first half of 2016, however, the key demand drivers that support property markets—consumer confidence, job growth, low interest rates and consumer spending—all remain firmly i...
| Commercial Real Estate Financing Briefs
GEORGE SMITH PARTNERS – Jonathan Lee, David Stepanchak and Adam Candler of George Smith Partners arranged $34 mil in non-recourse money for the ground-up development of a residential and retail mixed-use project in San Franci...
| Rand Sperry Launches New Broker-Oriented Real Estate Services Franchise
Rand Sperry has launched Sperry Commercial Global Affiliates LLC, a full-service commercial real estate franchise providing investment sales, leasing, and management services. Sperry, who serves as CEO, will leverage his deca...
| National Storage Affiliates Buys Portfolio of 22 Properties in California
National Storage Affiliates, a Colorado-based real estate investment trust, has acquired a portfolio of 22 self-storage properties, totaling 1.6 msf of space, in California. The price was not disclosed.
The Extra Space Stora...
| New Trends in Food-and-Beverage Concepts Driving Expansion at Retail Centers
With food-and-beverage outlets now among the fastest-growing categories in retail centers, a new CBRE Group Inc report identifies four emerging eatery formats poised for significant expansion: food trucks, food halls, celebri...
| LiquidSpace and Premier Business Centers Team Up to Provide Businesses a More Flexible Array of Creative Workspace Alternatives
LiquidSpace, the largest real-time network for office space, has entered into a new workspace partnership with Premier Business Centers, one of the largest, privately owned executive suite and alternative workspace companies ...
| E-Commerce Boom Creating Growth Boom for Top US Inland Port Markets
The rapid growth of e-commerce has fueled development of warehouses and distribution centers in the 12 primary U.S. inland-port markets at nearly twice the national rate, according to a new report from CBRE Group Inc. Califor...
| California Home Sales Reach Highest Level in Almost Four Years
After a couple months of lackluster growth in transaction volume, California existing home sales rose to their highest level in nearly four years in June, as sales surpassed the 400,000 mark for the fourth consecutive month, ...
| Latest Allen Matkins/UCLA Anderson Forecast California CRE Survey Questions Duration of Current Construction Boom
The latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey signals that California commercial real estate continues its boom, but as U.S. economic growth slows, there are signs of this boom toppi...
| CA Housing Market Maintains Momentum Despite Tight Inventory
California existing home sales edged up in May, rising above the 400,000 benchmark level for the third straight month, while strained housing supply continued to push prices higher, according to the latest research from the C...
| U.S. Construction Costs Continue to Rise
Despite the global collapse of commodity prices – including many key inputs to construction – overall construction costs continue to rise nationwide in large part due to labor supply and demand dynamics that first surfaced du...
| Commercial Real Estate Financing Briefs
NEWMARK REALTY CAPITAL - Demetri Koston and Skip Slavin of Newmark Realty Capital have arranged $10.2 mil in permanent financing for Lincoln Heights, a stabilized grocery-anchored multi-tenant retail center in Spokane, WA. Th...
| Global Prime Logistics Rents on the Rise, Fueled by E-Commerce Demand
Voracious global demand for e-commerce fulfillment centers and distribution centers fueled a 2.8 percent year-over-year increase in prime logistics rents globally, led by double-digit percentage gains in U.S. coastal markets,...
| C-III Realty Services Becomes Part of NAI Global
C-III Realty Services, an institutional commercial real estate capital markets firm, has been combined with the operations of NAI Global. Through this combination, C-III Realty Services will become NAI Global Capital Markets ...