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December 3, 2023
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• Cross-Border Investment in U.S. Industrial Assets Reaches Record Levels
This update provided by JLL’s Capital Markets Group With more than $143 bil in transactions, investor demand in industrial assets in the U.S. soared to new heights in 2021, up 32% over 2019’s previous high-water mark. Cross-...
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• U.S. Life Sciences Real Estate Investment Market Expected to See Continued Growth in 2022
This report provided by CBRE Investment in U.S. life sciences real estate increased by 62% last year, with further growth of at least 10% expected in 2022, according to a CBRE research report. Investment in life sciences r...
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• JLL Acquires Gilliland Construction Management
JLL has completed the acquisition of Gilliland Construction Management, a leader in project and construction management services for life sciences, lab, retail, hospitality, industrial, multifamily and office properties. Fo...
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• Optimistic Outlook Predicted Across All Commercial Real Estate Sectors
The Winter 2022 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that the current recovery from the recent pandemic-related economic recession has had a positive effect on all California com...
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• Rejuvenated Flex-Office Sector Positioned to Facilitate Long-Term Changes in Office Use
This report was provided to us by real estate services firm CBRE The North American flex-office sector has evolved through the pandemic into a more sophisticated version of itself, gradually shifting to rely more on large co...
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• SoCal Multifamily Market Seeing Record Numbers
This report provided by real estate services firm NAI Capital Multifamily rents in Southern California have reached new highs while the number of vacant units has dipped to record lows. As the sun sets on the eviction morato...
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• National Industrial Vacancy Rate Drops to Just 4.3%
This report was provided by real estate services firm Transwestern The national industrial market continues to shatter records across key metrics, according to Transwestern’s fourth quarter U.S. Industrial Market report. Vac...
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• U.S. Hits Record Number of Warehouse Leases of 1 msf or Greater in 2021
This report was provided by CBRE Last year was a record year for large warehouse leases, driven by a rebounding economy and strong e-commerce sales. Companies committed to 57 warehouse leases of 1 msf or larger across the U....
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• Newmark’s Greg May Named President of NAIOP SoCal’s 2022 Executive Committee and Board of Directors
The Southern California chapter of NAIOP has named its 2022 Executive Committee and Board of Directors, comprised from the leaders of many of the most highly-regarded commercial real estate firms in Los Angeles and Orange cou...
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• Industrial Rental Rates in Los Angeles Continue to Spike as Availabilities Diminish
Los Angeles Industrial CRE Market Update – 4th Qtr. 2021 This report provided by real estate services firm Kidder Mathews MARKET HIGHLIGHTS • Direct vacancies decreased in the fourth quarter to conclude at 1.1%. • Direct a...
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• Cushman & Wakefield Acquires Operations of Pacific Commercial Realty Advisors
Cushman & Wakefield has acquired the operations of long-time alliance member Pacific Commercial Realty Advisors (PACCRA) located in Central California and Idaho. The acquisition comprises PACCRA’s offices in Bakersfield, Fres...
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• Michele Vives Named President of Douglas Wilson Companies
Michele Vives has been promoted to president of Douglas Wilson Companies (DWC), succeeding Douglas Wilson, who continues as CEO and chairman of the board. DWC is a real estate development, receivership and advisory firm that ...
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• Demand for Life Sciences Space Outpacing Construction in Top U.S. Markets
This report provided by CBRE Demand for new life sciences lab space is outpacing speculative construction in the top 12 U.S. life sciences hubs as the industry rapidly expands amid a global race for new drug development, acc...
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• Hanley Investment Group Real Estate Advisors Raises Nearly $32k During Its 2021 Movember Campaign
Hanley Investment Group Real Estate Advisors has raised $31,931 during its 2021 Movember campaign. This year’s campaign, which was dedicated to “Save a Father, Son, Brother & Loved One,” marked Hanley Investment Group’s 11th ...
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• UCLA Bruins Claim the Silver Shovel at NAIOP SoCal’s USC vs UCLA Real Estate Challenge
The UCLA graduate student team took home the coveted Silver Shovel for its winning proposal at the 24th NAIOP SoCal USC vs UCLA Real Estate Challenge, just held November 18. At the annual competition, five-member graduate s...
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• Richmond American Homes Buys Final 261 Single-Family Lots within Menifee Master-Planned Community
Richmond American Homes has purchased the final 261 single-family lots within the Braverde master-planned community in Menifee. The finished lots were sold by IHP Capital Partners. The transaction is the homebuilder’s second...
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• Brick and Mortar Sales Expected to Surge this Holiday Season
This report was provided by CBRE More consumers will return to brick-and-mortar stores for annual gift purchases this holiday season, with in-store sales expected to jump significantly compared to 2020. Faced with the prospe...
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• Draftsmen & Craftsmen
H. Hendy Associates has completed construction on a new global headquarters and production workspace design for Rocket Lab, a space systems company, in Long Beach. Rocket Lab fully occupies a 90.7k sf building owned by Sares ...
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• African-American Real Estate Professionals Association of Los Angeles Hosts the CRE Industry for The Zanja Madre Experience
The African-American Real Estate Professionals association of Los Angeles (AAREPLA) and other culturally diverse trade organizations gathered last Thursday in the award-winning garden plaza at 801 Tower – The Zanja Madre. All...
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• Inland Empire Industrial Demand is Spiking
This Inland Empire Q3 2021 Industrial Market Outlook report was provided by real estate services firm NAI Capital. MARKET OVERVIEW The industrial market in the Inland Empire is going through the roof as a supply chain crisi...
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