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• Silicon Valley Sees Sixth-Most Data Center Leasing in North America in H1 2020
9/16/20
This report was provided by CBRE
Driven by demand from cloud service providers, Silicon Valley tied for the sixth-most data center leasing activity in North America in the first half of 2020, according to CBRE’s latest Nort...
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• Net-Lease Comprises Bigger Share of Commercial Real Estate Investment Activity
9/04/20
This report was provided by CBRE
Net-lease investment fell significantly in Q2 2020, but comprised the highest share of total volume on record amid a sharp decline in commercial real estate investment activity caused by the ...
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• Construction Spending Edges Higher in July
9/03/20
By:
Mark Vitner, Senior Economist
Wells Fargo Securities Economics Group
Charles Dougherty, Economist
Wells Fargo Securities Economics Group
Construction activity appears to be holding up fairly well relative to other ha...
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• Excel Packaging’s HQ Becomes First OC WELL-Certified™ Space
9/03/20
The first WELL-Certified™ space in Orange County – Excel Packaging’s headquarters located at 9313 Research Dr in Irvine – has been completed. H. Hendy Associates led the WELL certification for the 7k sf office space, which ea...
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• Tauro Capital Advisors Arranges Three Real Estate Debt Facilities Totaling $50 Mil
8/24/20
Tauro Capital Advisors Inc has secured a total of $50 mil in revolving debt facilities that will enable single-tenant, triple-net-leased developers to expand their portfolios through new site acquisitions and development. Ta...
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• Clean Up in the Laundromat Biz!
8/13/20
PWS Laundry, which has developed more than 3,000 laundromats and at one time operated in 17 states, is expanding. The company seeks to open 30 to 50 new locations across the U.S. in the next 12 months, maximizing its experti...
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• Architectural Services Firm AO Acquires Sunnyvale-Based WHL Architects
8/12/20
Architectural services firm AO has launched a new design studio, AO Science + Technology, following its acquisition of WHL Architects, a Sunnyvale-based science and technology design firm founded in 1987 by Douglas White, AIA...
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• Check Out RENTV's Latest Podcast!
8/11/20
The commercial real estate industry has found its voice!!
We've just posted the latest episode of the RENTV CRE News & Views Podcast by Steve Bloom, sponsored by Capital Rivers Commercial and Redwood Mortgage.
RENTV's CRE N...
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• 1.8 Million Jobs Were Created in July, Exceeding Expectations
8/10/20
This U.S. Economic Watch report was provided to us by global real estate services firm CBRE
Executive Summary
• 1.8 million jobs were added in July vs. an expectation of 1.5 million, following the strong gains that were ac...
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• Steve DeGennaro Appointed Chief Financial Officer at Marcus & Millichap
8/10/20
Steve DeGennaro has been appointed as Chief Financial Officer at real estate investment services firm Marcus & Millichap, effective August 17, 2020. DeGennaro will succeed Marty Louie, Chief Financial Officer since 2010. Lou...
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• California Commercial Real Estate to Be Negatively Affected Through 2023 Due to Impact of Pandemic
7/31/20
In the wake of the current pandemic-induced economic recession, the Summer 2020 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows uniform pessimism and a drop in sentiment for developers acro...
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• Evolution of Online Retail Drives Retail-to-Industrial Conversion Projects Across the U.S.
7/29/20
This report was provided by real estate services firm CBRE
A new CBRE report finds that 13.8 msf of retail space has been converted to 15.5 msf of industrial space across the country since 2017. As ecommerce continues to exp...
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• BH Properties Launches Program to Finance and Acquire Troubled Properties
7/21/20
BH Properties has launched a debtor-in-possession (“DIP”) initiative and has set aside $200 million in initial funding to finance and acquire troubled middle market real estate assets in receivership or facing bankruptcy. BH ...
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• Construction Employment Rose from May to June in 31 States; Slips in 18 States
7/20/20
This report was provided by the Associated General Contractors of America
Construction employment increased from May to June in 31 states and the District of Columbia, but the gains may have stalled, according to an analysis...
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• OC Industrial Market Remains Steady Despite Economic Headwinds
7/17/20
Here’s a quick second quarter 2020 ending overview of Orange County’s industrial market, provided to us by CBRE
Vacancy Rate:
2.2%
Net Absorption:
(616,861) SF
Construction:
870,595 SF
Lease Rate:
$1.03 NNN
...
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• L.A. Produced More than Double the Amount of Tech Degrees than Tech Jobs Created in the Region
7/16/20
This report was provided by real estate services firm CBRE
The Greater Los Angeles area produced more than double the amount of tech degrees than tech jobs created in the region in the past five years, ranking it fourth in t...
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• Advanced Real Estate Services Spends $26 Mil on 120-Unit Res Asset in Riverside
7/16/20
Advanced Real Estate Services Inc (ARES) has been busy during the past four months, having acquired a new multifamily asset while also completing refi loans on five others along with forming a new investment fund.
In Riversi...
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• Portfolio of 16 Chase Bank Properties in California Listed for $63.8 Mil
7/14/20
MetLife Investment Management (MIM) has awarded the marketing assignment for a portfolio of 16 current and former Chase Bank retail properties throughout California to a team from CBRE. The portfolio has a total asking price ...
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• 30-Year Fixed-Rate Mortgage Drops to 3.03%
7/12/20
According to Freddie Mac’s just-released results from its Primary Mortgage Market Survey® (PMMS®), the 30-year fixed-rate mortgage (FRM) averaged 3.03 percent, the lowest rate in the survey’s history dating back to 1971.
“Th...
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• Inland Empire’s East Valley Industrial Market Saw Strong Activity and Absorption in 2nd Quarter of 2020
7/09/20
This Second Quarter Industrial Market Summary for the Inland Empire East Valley region was provided by Lee & Associates Riverside
The second quarter of 2020 for the Inland Empire East Valley region saw strong activity and gr...
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