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Los Angeles Retail Asking Rates Continue to Increase 5/10/17 In the first quarter of 2017, the Los Angeles retail market vacancy rate ticked up 30 basis points to 4.1% as 532.8k sf were delivered to the market, according to the latest research from NAI Capital. This new space includes ...
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OC Office Market Vacancy Rate at Lowest Level Since 2007 4/28/17 At the end of the first quarter of 2017, the Orange County office market vacancy rate was in single digit territory, the lowest seen since 2007. The vacancy rate registered 9.1%, down 80 basis points from a year ago. At the e...
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U.S. Industrial Markets Continued to Post Strong Numbers in 1st Quarter 2017 4/27/17 U.S. industrial markets absorbed 53.8 msf of space in the first quarter of 2017, well above the quarterly absorption average of 49.3 msf witnessed during the current economic expansion and significantly higher than the averag...
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Draftsmen & Craftsmen 4/25/17 Lifescapes International completed the landscape design for Trumark Urban’s TEN50, the new, luxury 25-story high-rise featuring 151 luxury residences in the heart of downtown Los Angeles. Located at 1050 S. Grand Ave in Downt...
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San Diego Industrial Market Achieves 23rd Consecutive Quarter of Positive Net Absorption 4/20/17 San Diego’s industrial market continued its overall momentum, reporting its 23rd consecutive quarter of positive net absorption (occupancy growth), according to the latest research provided to us by eal estate services firm C...
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Catch Up on the Latest Trends and Developments in Downtown Los Angeles and the Inland Empire 4/13/17 Here’s your chance to get up-to-date on the latest trends and activity in Downtown Los Angeles and the Inland Empire, at RENTV’s upcoming State of the Market conferences later this month. You’ll enjoy expert commentary from m...
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U.S. Suburban Office Vacancy Rate Near Pre-Recession Low 4/10/17 With the migration of many millennials to urban environments, some commercial real estate industry observers are less than bullish when it comes to suburban office product. However, the so-called “downfall of the suburban off...
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Commercial Real Estate Investment from High Net Worth Individuals on the Rise 3/31/17 Demand for U.S. commercial real estate assets from High Net Worth Individuals (HNWI)—those with more than $1 mil in liquid assets—rose in 2016 to $10.3 bil, according to the latest research from global property firm, CBRE Gro...
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Number of Corporate Space Occupiers Citing Economic Uncertainty as a Top Challenge is Growing 3/24/17 While talent continues to reign supreme on the list of top concerns for companies today, a new survey of corporate executives underscores the challenges they are facing in today’s economic environment. Of the 176 Americas exe...
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Starpoint Properties Awards Porsche 911 to 2016 Contest Winner 3/22/17 StarPoint Properties has awarded commercial real estate broker Stewart Weston with a 2017 Porsche 911 for bringing the greatest off-market deal volume in 2016 to the Beverly Hills-based real estate investment firm.
The Porsc...
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Hong Kong and Beijing are World’s Highest-Priced Office Markets 3/21/17 Hong Kong is the world’s highest-priced office market, according to CBRE Group, Inc.’s new Global Prime Office Rents survey. European markets showed the most consistent growth in prime office rent, mostly due to a lack of sup...
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NSB Developing Creative Office Project in El Segundo 3/20/17 SoCal-based NSB Associates is developing Ascend, a stand-alone, 80k sf creative office building designed by legendary architect Frank Gehry. Located at the Utah Avenue Campus in El Segundo, the building is expected to be avai...
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CA Home Sales and Prices Dip from January but Remain Well Above Prior Year 3/16/17 After starting the year on a positive note in January, California home sales and median price backpedaled a bit in February, but still showed strong gains on a yearly basis, according to the latest data from the California As...
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The Majority of Real Estate Investors in the Americas Expected to be Net Buyers in 2017 3/10/17 The prospect of increased U.S. economic growth combined with less regulation, means that investor sentiment for commercial real estate investment is marginally more positive than last year, despite the potential for rising in...
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LA’s South Bay Industrial Market Closed Out 2016 with a Booming Fourth Quarter 3/06/17 Los Angeles’ South Bay industrial market closed out 2016 on a strong note, posting nearly 1.4 msf of net absorption in the fourth quarter of the year – the biggest three-month total since 2004, according to Colliers Internati...
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CBRE Announces 2017 Winners of Global Urban Photography Competition 3/03/17 Moin Ahmed, from Bangladesh, has been named as the winner of CBRE Group, Inc.’s Urban Photographer of the Year competition. Ahmed’s image, “The Man’s Stare,” captures the entrancing visage of a train rider during a rainy day ...
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Barbara Armendariz Launches Boutique Real Estate Services Firm with Kevin Herron 2/27/17 A new, boutique real estate services firm for the retail and industrial property sectors has been launched. The company, SharpLine, is led by President and Founder, Barbara Armendariz, who previously served as a vice presiden...
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Kidder Mathews Acquires OC Property Manager Alden Management Group 2/22/17 Kidder Mathews has acquired Costa Mesa-based Alden Management Group, a commercial property management firm with a large portfolio of office, industrial, and retail properties located throughout the greater Southern California...
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Savills Studley Buys Cresa Orange County 2/14/17 Savills Studley has acquired Cresa Orange County, a move that enables Savills Studley to increase its presence in the region and expand its platform across North America.
Savills Studley has had an office in Orange County s...
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Draftsmen & Craftsmen 2/13/17 McCormick Construction has completed the $2.7 mil renovation of LINQ, an 80k sf creative campus located adjacent to the Redondo Beach Metro station at 2400 Marine Ave in Redondo Beach. Owned by Montana Avenue Capital Partners...
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