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U.S. Office Sector Ends 2014 in “Robust” Mode 1/08/15 U.S. businesses expanded into more office space in 2014 than they had in eight years, leading to rent increases in 70% of the country. According to the latest research from DTZ, a global real estate services provider, the U.S...
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November Home Sales Remain Slow in CA 12/18/14 Slower price gains and the lowest interest rates in nearly two years did little to spur November home sales as low housing affordability and tight supply conditions remained obstacles to entering the market for would-be buyer...
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FibraHotel Buys Sheraton Ambassador Hotel in Monterrey, Mexico 12/04/14 In an interesting hotel buy from just south of the border, FibraHotel has purchased the Sheraton Ambassador Hotel, a 14-story asset located in the renowned historic district of downtown Monterrey. The 229-room hotel was sold ...
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CA Pending Home Sales Show Uptick in October 12/01/14 Pending home sales in California picked up steam in October and rose for the second straight month, portending a pickup in closed sales for the remainder of the year, according to the latest figures provided by the California...
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MemorialCare Health System Selects CBRE for Integrated Real Estate Services 11/12/14 MemorialCare Health System has selected CBRE Group to provide integrated real estate services to the healthcare company. MemorialCare Health System maintains facilities in Los Angeles and Orange Counties.
Under the multi-yea...
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CA Housing Affordability Remained Stable Over Third Quarter 2014 11/10/14 Lower interest rates and minimal home price gains kept California’s housing affordability in check in the third quarter of 2014 and even helped improve affordability in some high-cost counties in the San Francisco Bay region,...
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San Diego County Sees Positive Office Activity Across All Classes 11/07/14 San Diego’s office market saw 650k sf of absorption during the third quarter of this year, with positive activity across all classes – a trend not seen since the same quarter last year. This data is based on a third quarter ...
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Draftsmen & Craftsmen 11/06/14 Construction has been completed on the Cal Poly Pomona student recreation center, the Bronco Recreation and Intramural Complex (BRIC). The new LEED® Silver certified project was completed in September 2014. Built by C.W. Driv...
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Preferred Office Network Adds Premier Business Centers 11/03/14 Preferred Office Network, the only network of office business centers focused on corporate users, has added Premier Business Centers to its network of 76 members and 346 locations in the United States, Canada and Mexico. This...
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Fanfare for the Commons Man-agement 10/31/14 The Building Owners and Managers Association (BOMA) Greater Los Angeles chapter has named The Commons “The Outstanding Building of the Year” (TOBY) for 2014 in the Under 100k sf category. The award recognizes outstanding comm...
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California Home Sales Remain Steady 10/23/14 California home sales remained steady in September, as home price gains eased back from an unusually high increase in August, according to the latest data from the California Association of Realtors® C.A.R.
Closed escrow sal...
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Employees Happier and More Productive at CBRE’s Non-Traditional “Workplace360” Offices 10/21/14 One year after moving into CBRE’s Downtown Los Angeles “Workplace360” office, more than 90 percent of employees report that if given the choice, they would not return to their previous, traditional way of working. As part of...
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Photo Taken at LA’s One Bunker Hill a Winner in Annual CBRE Urban Photographer Competition 10/14/14 Check out this cool photo taken in the lobby of One Bunker Hill, one of downtown Los Angeles’ most historic and interesting office buildings. The photo was taken by American photographer Johanna Siegmann of Los Angeles, who w...
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CA Housing Market Expected to Normalize in 2015 10/10/14 With more available homes on the market for sale, California’s housing market will see fewer investors and a return to traditional home buyers as home sales rise modestly and prices flatten out in 2015, according to the just ...
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SoCal Office Market Continues to Gain Momentum While Industrial Demand Outpaces Supply 10/09/14 The office and industrial markets in Southern California are poised for strong growth, exhibiting strong demand and healthy fundamentals, according to the latest research from leading real estate services firm CBRE.
Both L...
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Tightening Conditions Leading More Major US Office Markets to Reach Tipping Point 9/26/14 The delicate balance between a landlord-favorable market and a tenant-favorable market is approaching a tipping point in several major U.S. cities, according to CBRE’s latest OccupierView report, which analyzes the nation’s o...
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SoCal Chapter of CoreNet Global to Hold Annual REmmy Awards on November 6 9/25/14 On Thursday, November 6, the Southern California chapter of CoreNet Global will hold its annual REmmy Awards and Charity Gala to recognize the best in corporate real estate. The event will be held at Vibiana, a former cathedr...
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Cassidy Turley to Be Acquired by DTZ Investment Holdings Affiliate 9/23/14 Real estate services firm Cassidy Turley has entered into an agreement with an affiliate of DTZ Investment Holdings, backed by TPG, PAG Asia Capital and Ontario Teachers’ Pension Plan (the Consortium that agreed to acquire DT...
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PM Realty Group Takes Multifamily Management In-House 9/18/14 Joan Maxwell has been hired by PM Realty Group as Senior Vice President, as part of the firm’s move to bring property management services in-house for its multi-family division. Maxwell, a 30-year industry veteran, will work ...
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CA Home Sales Slow in August 9/17/14 California home sales pulled back in August, reversing two months of increases, even as the median home price rose from the previous month and year, according to the latest data from the California Association of Realtors®.
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