South Bay Leasing Activity Reaches 4-Year High as El Segundo Stays Hot
|
|
- Berniece Richards
- 5 years ago
- Views:
Transcription
1 office SOUTH BAY market report South Bay Leasing Activity Reaches 4-Year High as El Segundo Stays Hot Market overview MARKET indicators - VACANCY 21.3% NET ABSORPTION 192,700 The South Bay office market saw total vacancy decrease during the second quarter of 2015 by 60 basis points to 21.3% from 21.9% last quarter. Direct weighted average asking rents increased to $2.20 per square foot (P), per month Full Service Gross (FSG) from $2.16 P FSG last quarter. Demand for space was positive with 192,700 of net absorption, a major swing from last quarter s negative absorption due to owner/user conversions to investment properties. Leasing activity reached a 4-year high recording 645,613. The El Segundo submarket had 374,738 of leasing activity, more than half of the market s total. CONSTRUCTION 482,488 RENTAL RATE $2.20 FSG UNEMPLOYMENT 7.6% The two largest sales transactions recorded were Stream Realty Partners acquiring Hawthorne Blvd. in Torrance (302,628 ) from Bixby Land Company for $68.5M ($226 P) and The Muller Company acquiring the 6 building Del Amo Financial Center (353,012) in Torrance from Jamison Services Inc. for $62.4M ($177 P). In addition, 2201 E. El Segundo Blvd. in El Segundo sold for $31.1M, trading from Montana Avenue Capital to AGI Properties, Inc. Montana bought the property in March of 2014 for $11.3M and immediately started renovations, while also signing L Oreal Cosmetics as the lone tenant for the 53,788 building. MARKET trends - >> Total vacancy rate drops to 21.3% from 21.9% HISTORICAL VACANCY VS RENTS Q HISTORICAL net absorption & Construction COMPLETIONS Q >> Weighted average asking rental rate increases to $2.20 FSG >> Leasing activity increases to 55645,613 >> There was positive absorption of 192,700 $ P FSG PER MONTH (WEIGHTED) $2.40 $2.30 $2.20 $2.10 $2.00 $1.90 $1.80 $1.70 RENTS VACANCY 24% 22% 20% 18% 16% 14% 12% % VACANT (TOTAL) 400,000 0 () () () (400,000) NET ABSORPTION CONSTRUCTION COMPLETIONS >> Construction activity at 482,488 $1.60 2Q11 2Q12 2Q13 2Q14 2Q15 10% (500,000) 2Q11 2Q12 2Q13 2Q14 2Q15 1 Colliers International continuously refines its database. As a result, data reflected in this report may not be consistent with data reported in previous quarters.
2 market Report OFFICE SOUTH BAY VACANCY The total vacancy rate decreased to 21.3%, down 60 basis points from 21.9% reported last quarter. A longer historical perspective of the total vacancy rate shows the rate a year ago being 21.2%, as the market has gone through some fluctuations in the past year with major move-ins as well as previous owner-user properties being added to the market. Major move-ins for the quarter included: WPromote and Cherryman Industries moving into Campus 2100 for 33,492 and 17,223 respectively. Mullen Advertising relocated from 999 Sepulveda Blvd. to 28,000 at 2121 E Park Pl. in the Apollo at Rosecrans campus. In the Downtown Long Beach submarket, ATB Law completed their move into 100 W Broadway for 13,166. los angeles DEMOGRAPHICS >> Population: 10,136,509 (2015 Estimate) 10,510,281 (2020 Projection) 3.69% (Growth ) >> Household income: $78,309 (Average) $54,514 (Median) >> Job growth: 2.4% (past 12 months) >> Unemployment rate: 7.6% (as of May 2015) Total vacancy rates continued to be highest in the LAX/Los Angeles/Westchester submarket at 39.0%. Central Torrance recorded the lowest at a rate of 13.5%. rates were highest for Class B space (25.6%) and lowest for Class A space (16.2%) with Class C space in-between at 18.5%. All classes saw a decrease in vacancy rates for the quarter. NET ABSORPTION Net absorption was 192,700 in second quarter 2015, with all submarkets recording positive absorption numbers except Central Torrance, which was relatively flat at -3,400. UNEMPLOYMENT May 2015 figures for nonfarm employment in Los Angeles County showed a recovering job market. Over the past 12 months, Los Angeles County has gained 100,500 jobs for an increase of 2.4%. This gain in employment led to the unemployment lowering to 7.6% compared to 8.0% one year ago. Nine out of the eleven industries tracked by the EDD posted year-overyear gains. Educational and Health Services (+30,100), Trade, Transportation, and Utilities (+20,800) and Leisure and Hospitality (+15,900) posted the largest gains. Manufacturing (-2,100) and Mining/Logging (-200) posted losses yearover-year. VACANCY BY SUBMARKET NET ABSORPTION BY SUBMARKET 45% 40% 0.0% DIRECT VACANCY SUBLEASE VACANCY 250,000 % VACANT 35% 30% 25% 20% 15% 10% 39.0% 0.0% 20.3% 0.2% 22.1% 0.7% 0.3% 18.9% 15.9% 0.5% 13.0% 150,000 50,000 15,000 98,000 31,700 20,800 30,600 5% 0 0% (50,000) (3,400) p. 2 Colliers International
3 market Report OFFICE SOUTH BAY office OVERVIEW EXISTING PROPERTIES VACANCY ACTIVITY ABSORPTION CONSTRUCTION RENTS Submarket/ Class Bldgs Total Inventory Direct Sublease Total Total Prior Qtr Leasing Activity Current Qtr Leasing Activity YTD Net Absorption Current Qtr Net Absorption YTD Completions Current Qtr Under Construction Weighted Avg Asking Lease Rate BUILDING CLASS/SIZE A 10,000-24, , ,456, % 0.5% 16.2% 17.3% 135, , ,800 (40,100) 0 0 $2.52 Subtotal 59 12,456, % 0.5% 16.2% 17.3% 135, , ,800 (40,100) 0 0 $2.52 B 10,000-24, ,378, % 0.2% 12.7% 11.9% 31,943 39,079 (11,000) (12,800) 0 0 $ , ,523, % 0.4% 26.7% 27.0% 431, ,978 47,600 (259,000) 0 482,488 $2.03 Subtotal ,902, % 0.4% 25.6% 25.8% 463, ,057 36,600 (271,800) 0 482,488 $2.03 c 10,000-24, ,184, % 0.0% 9.3% 10.2% 17,985 35,556 10,100 14, $ , ,309, % 0.0% 23.3% 23.7% 28,149 69,899 10,100 28, $1.80 Subtotal 112 3,494, % 0.0% 18.5% 19.1% 46, ,455 20,200 42, $1.81 SUBMARKET/BUILDING SIZE 10,000-24, , % 0.0% 20.4% 25.0% 5,475 6,021 7,400 1, $ , ,192, % 0.0% 39.7% 41.9% 21,276 61,684 90,600 37, $1.57 Subtotal 35 4,354, % 0.0% 39.0% 41.3% 26,751 67,705 98,000 39, $ ,000-24, , % 0.3% 5.7% 6.2% 23,069 25,970 2,600 3, $ , ,458, % 0.8% 20.3% 20.6% 351, ,728 28,000 (396,000) 0 482,488 $2.84 Subtotal ,014, % 0.7% 19.6% 19.9% 374, ,698 30,600 (392,100) 0 482,488 $ ,000-24, ,030, % 0.0% 11.0% 10.1% 15,424 23,449 (9,100) $ , ,231, % 0.6% 14.3% 14.4% 78, ,018 5,700 1, $2.48 Subtotal 112 4,262, % 0.5% 13.5% 13.4% 93, ,467 (3,400) 2, $ ,000-24, , % 0.0% 12.0% 7.0% 1,620 1,620 (8,800) (10,100) 0 0 $ , ,373, % 0.2% 22.9% 24.1% 41,422 76,281 40,500 31, $1.92 Subtotal 47 3,551, % 0.2% 22.3% 23.2% 43,042 77,901 31,700 21, $ ,000-24, , % 0.3% 15.4% 15.3% 1,666 2,121 (600) (1,900) 0 0 $ , ,339, % 0.3% 16.3% 16.7% 48,450 86,862 15,600 31, $1.96 Subtotal 76 4,726, % 0.3% 16.3% 16.6% 50,116 88,983 15,000 29, $ ,000-24, , % 0.0% 10.3% 13.4% 2,674 15,454 7,600 7, $ , ,693, % 0.0% 20.8% 21.1% 54, ,052 13,200 22, $2.30 Subtotal 48 4,942, % 0.0% 20.3% 20.7% 57, ,506 20,800 30, $2.29 MARKET TOTAL Total ,853, % 0.4% 21.3% 21.9% 645,613 1,134, ,700 (269,200) 0 482,488 $2.20 Colliers International p. 3
4 market Report OFFICE SOUTH BAY >> The South Bay market continues to experience positive investment sale activity. >> Currently 210,000 of office space under construction and 272,488 under renovation >> The average asking rates in El Segundo were $2.52 P in Q and reached $2.84 P in CONSTRUCTION No new projects were delivered to the market in second quarter There is currently 482,488 of office space under construction. The largest project is Elevon at Campus El Segundo, a fifteen building office campus totaling 210,000 complemented by high-end retail shops and restaurants. The campus is expected to by completed by next quarter. Renovation activity in South Bay remains strong, as 2201 E El Segundo Blvd, 2040 E Mariposa Ave and 2175 E Park Place in El Segundo are all slated to complete their renovations in These three properties total 272,488. ACTIVITY New leasing activity during the second quarter totaled 645,613 compared to 488,647 in the first quarter of 2015, an increase of 32%. This is also the high-water mark in the last 4 years. The El Segundo/Beach Cities submarket continues to lead the South Bay market in leasing activity, recording 58% of the total activity. Leasing activity this quarter included: DaVita Healthcare Partners leasing approximately 184,000 at Apollo at Rosecrans. Their new HQ will span both 2175 E. Park Pl. (130,000 ) and 2120 E. Park Pl. (54,000 ). In the LAX/ Los Angeles/Westchester submarket, DirecTV subleased 53,000 from Raytheon at 2200 E. Imperial Hwy. Rounding out the major leases signed were Fresh and Easy signing for 33,819 at Hamilton Ave. in Torrance and Regus Executive Suites signing for 12,590 at 2447 Pacific Coast Highway in Hermosa Beach. RENTAL RATES The weighted average asking rent for direct space increased to $2.20 P from $2.16 P last quarter. This represents the 7th consecutive quarter of rate increases for the market. Average asking rents remained highest in the El Segundo/Beach Cities submarket ($2.84 P), and lowest in the LAX/Los Angeles/Westchester submarket ($1.58 P). In some top-tier buildings, particularly in El Segundo, asking rates have pushed well past the $3.00 P mark. Central Torrance saw the biggest jump in asking rents as the new ownership at Hawthorne Blvd increased rents by at least $0.35 for all 60,000 of available space. This caused a $0.16 increase for all of Central Torrance as the market already had the lowest amount of available square footage. WEIGHTED AVERAGE ASKING LEASE RATES BY SUBMARKET LEASING ACTIVITY BY SUBMARKET $ P PER MONTH (FSG) $3.00 $2.80 $2.60 $2.40 $2.20 $2.00 $1.80 $1.60 $1.40 $1.20 $1.00 $1.58 $1.91 $1.91 $2.38 $2.29 $ , , , ,000 50, ,116 57,392 26,751 93,574 43, ,738 p. 4 Colliers International
5 market Report OFFICE SOUTH BAY outlook The South Bay market continues to do well as tenants seek more favorable rates than they ll find in West Los Angeles, Playa Vista and Santa Monica in particular. As leasing activity has reached a four year high, we can expect to see larger blocks of space get absorbed in the next year or so. Rental rates continue to rise on the strength of El Segundo s tightening market. Value-add properties and strong tenant demand for creative space are creating profitable opportunities for those willing to take on renovation projects. The outlook for the overall South Bay market remains positive. market description The South Bay office market is comprised of 32.4 million, representing 9% of the total office space in buildings 30,000 square feet and greater in the Los Angeles Basin. Most of the space (64%) was built in the 1980s, and only 8% was built 1990 current. Nearly half (49%) of its space is contained within mid-rise buildings (5 13 stories), followed by 32 percent in lowrise buildings and 19% in high-rise. It has a large concentration of firms in aerospace (although much less than in the 1980s), automotive, telecommunications, information technology, healthcare, and business services, and is served by a highly educated labor force. HISTORICAL leasing ACTIVITY - UNEMPLOYMENT RATE United States, California & Los Angeles County May , 8.0% 7.6% 1,000, , , , % 6.0% 5.0% 5.3% 6.2% 600, % 500, % 400, % 1.0% 2Q11 2Q12 2Q13 2Q14 2Q15 0.0% United States California Los Angeles County RECENT TRANSACTIONS & MAJOR DEVELOPMENTS SALES ACTIVITY PROPERTY ADDRESS SIZE SALE PRICE PRICE P BUYER SELLER Hawthorne Blvd, Torrance 302,628 $68,500,000 $226 P Stream Realty Partners, LP Bixby Land Company Del Amo Financial Center, Torrance 353,012 $62,400,000 $177 P The Muller Company Jamison Services, Inc E El Segundo Blvd, El Segundo $31,127,500 $579 P AGI Properties, Inc Montana Avenue Capital LLC 680 Knox St, Torrance 106,551 $17,150,000 $161 P The Ruth Group Brookfield Asset Management 1655 W Redondo Beach Blvd, Gardena 44,812 $5,800,000 $129 P BBCN Bank Zions Management Services LEASING ACTIVITY PROPERTY ADDRESS LEASED LEASE TYPE BLDG TYPE LESSEE LESSOR 2175 Park Place, El Segundo 130,000 Direct B DaVita HealthCare Partners Invesco 2120 Park Place, El Segundo 54,000 Direct B DaVita HealthCare Partners Invesco 2200 E Imperial Hwy, El Segundo 53,000 Sublease A DirecTV Raytheon Hamilton Ave, Torrance 33,819 Direct A Fresh & Easy Neighborhood Market, Inc. Omninet Capital 2447 Pacific Coast Highway, Hermosa Beach 12,590 Direct B Regus Executive Suites 2447 Pacific Coast Highway LLC MAJOR DEVELOPMENTS PROJECT DEVELOPER SIZE SUBMARKET STATUS ESTIMATED COMPLETION Elevon At Campus, El Segundo Continental Development 210,000 El Segundo/Beach Under Construction Q E Park Place, El Segundo Invesco 130,000 El Segundo/Beach Under Renovation Q E Mariposa Ave, El Segundo Overton Moore Properties 88,700 El Segundo/Beach Under Renovation Q E El Segundo Blvd, El Segundo AGI Properties, Inc 53,788 El Segundo/Beach Under Renovation Q Nevada St, El Segundo Smoky Hollow LLC 10,000 El Segundo/Beach Proposed TBD Colliers International p. 5
6 market Report OFFICE SOUTH BAY DEFINITIONS OF KEY TERMS USED IN THIS REPORT Total Rentable Square Feet: Office space in buildings with 10,000 or more of speculative office space. Includes competitive space in Class A, B and C single-tenant and multi-tenant buildings. Excludes noncompetitive owner-occupied buildings, buildings that include 30% or greater of medical or retail space, and space that is under-construction, under-renovation or off-market. Net Absorption: Net change in occupied square feet from one period to the next (includes the impact of change in vacant space available for sublease). Leasing Activity: Square feet leased from all known transactions completed during the quarter. Excludes lease renewals. 502 offices in 67 countries on 6 continents United States: 140 Canada: 31 Latin America: 24 Asia Pacific: 199 EMEA: 108 >> $2.3 billion in annual revenue >> 1.7 billion square feet under management >> Over 16,200 professionals Class A Space: Space that an image-conscious company would lease for its headquarters. Typically, this space has a very high level of finish and an excellent location, and commands the highest rents in the market. Class B Space: Highly functional, attractive space, but less prestigious than Class A Space, and commanding lower rental rates. Class C Space: Functional, competitive space, but with a lower level of finish and/or a less desirable location than with Class B Space, and commanding lower rental rates. Low-Rise: Buildings with a total of 4 floors or less. Mid-Rise: Buildings with a total of 5 to 13 floors. High-Rise: Buildings with 14 or more floors. Direct : Space in existing buildings that is vacant and immediately available during the quarter for direct lease, plus space that is vacant but not available for direct lease or sublease (for example, that is being held for a future commitment). Total : Space in existing buildings that is vacant and immediately available during the quarter for direct lease or for sublease, plus space that is vacant but not available for direct lease or sublease. Weighted Average Asking Rental Rates: Weighted by the total square feet available for direct lease. Data is based on Full Service Gross rents, and includes all costs associated with occupying the space, including taxes, insurance, maintenance, janitorial service and utilities. Reported on a monthly, per basis. Space Added (Net): Total square feet added during the quarter via construction completions, including renovated space returned to market, less total square feet taken off-market due to demolitions or conversions. Under-Construction/Renovation: Includes buildings that are in some phase of construction, beginning with foundation work and ending with the issuance of a Certificate of Occupancy. Also includes buildings that are under going substantial renovation. Technical Note Colliers International is continuously refining its database. The data shown in the historical tables and graphics in this report have been adjusted to take into account these changes in the database. This report has been prepared by Colliers International for general information only. Information contained herein has been obtained from sources deemed reliable and no representation is made as to the accuracy thereof. Colliers International does not guarantee, warrant or represent that the information contained in this document is correct. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This report and other research materials may be found on our website at united states: South Bay Office License No Rosecrans Ave, Suite 3301 El Segundo, CA tel FAX BRAWN, DOUGLAS Vice President CRAMER, STEVE Senior Vice President GOODWIN, THACHER Associate HOLLINGSWORTH, JOHN Executive Managing Director LASTITION, ERIC Senior Executive Vice President LUDWIG, GEOFFREY Senior Executive Vice President MATTESON, CAITLIN Research Director Research Services PUTNAM, RICHARD Managing Director Western Region Capital Markets WALSH, GREGORY T. Senior Fice President WONG, CHRISTOPHER Research Analyst Research Services Accelerating success. p. 6 Colliers International
South Bay Experiences Slow and Steady Market Activity
OFFICE SOUTH BAY MARKET REPORT South Bay Experiences Slow and Steady Market Activity MARKET OVERVIEW MARKET INDICATORS - VACANCY 21.4% NET ABSORPTION -68,500 CONSTRUCTION 210,000 RENTAL RATE $2.08 FSG
More informationSouth Bay Records Nine Straight Quarters of Rate Increases
office SOUTH BAY market report South Bay Records Nine Straight Quarters of Rate Increases Market overview MARKET indicators - VACANCY 20.0% NET ABSORPTION 210,400 CONSTRUCTION 365,300 RENTAL RATE $2.27
More informationSouth Bay Records Robust Investment Sales Amid Strong Demand
office SOUTH BAY market report South Bay Records Robust Investment Sales Amid Strong Demand Market overview MARKET indicators - VACANCY 20.5% NET ABSORPTION 295,000 CONSTRUCTION 365,300 RENTAL RATE $2.24
More information>> South Bay Market Hits 9-Year High in Demand
Research & Forecast Report South Bay OFFICE Q3 2016 Accelerating success. >> South Bay Market Hits 9-Year High in Demand Key Takeaways > The El Segundo/Beach Cities submarket once again led the South Bay
More information>> South Bay Continues Momentum To Start 2017
Research & Forecast Report South Bay OFFICE Q1 2017 Accelerating success. >> South Bay Continues Momentum To Start 2017 Key Takeaways > Although leasing velocity dropped from 2016, demand from that period
More information>> Vacancy Drops As Rents Continue To Rise
Research & Forecast Report South Bay OFFICE Q3 2017 Accelerating success. >> Drops As Rents Continue To Rise Key Takeaways > Leasing activity fell year-over-year by 17.8%, the third consecutive quarter
More informationSlow Start to the Year as Hollywood Awaits Construction Deliveries
office CENTRAL LOS ANGELES market report Slow Start to the Year as Hollywood Awaits Construction Deliveries Market overview MARKET indicators - VACANCY 19.1% NET ABSORPTION 24,300 CONSTRUCTION 1,242,600
More informationNegative Absorption Recorded For The First Time In Past Nine Quarters
OFFICE SAN FERNANDO & VENTURA MARKET REPORT Negative Absorption Recorded For The First Time In Past Nine Quarters MARKET OVERVIEW MARKET INDICATORS - VACANCY 15.6% NET ABSORPTION -124,000 CONSTRUCTION
More informationPositive Net Absorption Recorded For The Ninth Consecutive Quarter
OFFICE SAN FERNANDO & VENTURA MARKET REPORT Positive Net Absorption Recorded For The Ninth Consecutive Quarter MARKET OVERVIEW MARKET INDICATORS - VACANCY 15.2% NET ABSORPTION 116,700 CONSTRUCTION 120,933
More informationThe Market Is Energized By Increased Development In Hollywood
OFFICE CENTRAL LOS ANGELES MARKET REPORT The Market Is Energized By Increased Development In Hollywood MARKET OVERVIEW MARKET INDICATORS - VACANCY 20.5% NET ABSORPTION 24,100 CONSTRUCTION 574,000 RENTAL
More informationSan Fernando Valley and Ventura County Witness Declining Vacancy
OFFICE SAN FERNANDO & VENTURA MARKET REPORT San Fernando Valley and Ventura County Witness Declining MARKET OVERVIEW The San Fernando Valley and Ventura County office market saw total vacancy decrease
More informationHISTORICAL VACANCY VS RENTS. Downtown Los Angeles Office Market Q Q RENTS VACANCY $31 2Q10 2Q11 2Q12 2Q13 2Q14
www.colliers.com/losangeles OFFICE LOS ANGELES MARKET REPORT Rate Decrease Below 20% As Market Activity Remains Flat MARKET OVERVIEW MARKET INDICATORS - VACANCY 19.5% The Downtown Los Angeles market in
More informationOrange County Office Market Continues A Positive Stride Into 2016
OFFICE ORANGE COUNTY MARKET REPORT Continues A Positive Stride Into 2016 MARKET OVERVIEW MARKET INDICATORS - VACANCY 12.8% NET ABSORPTION 143,900 CONSTRUCTION 594,300 RENTAL RATE $2.31 P FSG UNEMPLOYMENT
More informationSan Fernando Valley & Ventura County End 2015 On A Positive Note
OFFICE SAN FERNANDO & MARKET REPORT San Fernando Valley & Ventura County End 2015 On A Positive Note MARKET OVERVIEW MARKET INDICATORS - VACANCY 15.4% NET ABSORPTION 74,400 CONSTRUCTION 120,933 RENTAL
More informationStrong Marketwide Leasing Activity Points To A Strong Finish for Tri-Cities
OFFICE TRI-CITIES MARKET REPORT Strong Marketwide Leasing Activity Points To A Strong Finish for Tri-Cities MARKET OVERVIEW MARKET INDICATORS - VACANCY 14.9% NET ABSORPTION 254,6 CONSTRUCTION 113,8 RENTAL
More information>> 2017 Begins With Continued Strong Demand
Research & Forecast Report Central Los Angeles OFFICE Q1 217 Accelerating success. >> 217 Begins With Continued Strong Demand Key Takeaways > Hudson Pacific's Icon at Sunset property delivered 323,3 square
More informationWest Los Angeles Marks Ten Consecutive Quarters Of Positive Market Activity
office market report West Los Angeles Marks Ten Consecutive Quarters Of Positive Market Activity Market overview MARKET indicators - VACANCY 12.9% NET ABSORPTION 84,900 CONSTRUCTION 549,665 RENTAL RATE
More information>> Hollywood Market Activity Flattens
Research & Forecast Report Central Los Angeles OFFICE Q2 216 Accelerating success. >> Hollywood Market Activity Flattens Key Takeaways > There is currently 533,6 square feet () of office product under
More informationRENTS VACANCY $2.10 2Q11 2Q12 2Q13 2Q14 2Q15
office Greater LOS ANGELES basin market report Los Angeles Basin Rental Rates Continue to Climb as Declines EXECUTIVE SUMMARY MARKET indicators - VACANCY 15.5% NET ABSORPTION +1,292,3 CONSTRUCTION 3,646,791
More information>> Market Records Strong Demand To End 2016
Research & Forecast Report Central Los Angeles OFFICE Q4 216 Accelerating success. >> Market Records Strong Demand To End 216 Key Takeaways > There is currently 61,4 square feet () of office product under
More informationOrange County Office Market Continues to Tighten Causing Rental Rates to Increase
OFFICE ORANGE COUNTY MARKET REPORT Continues to Tighten Causing Rental Rates to Increase MARKET OVERVIEW MARKET INDICATORS - VACANCY 12.6% NET ABSORPTION 688,800 CONSTRUCTION 497,387 RENTAL RATE $2.26
More informationOrange County Office Market Continues to Tighten As Vacancy Decreases
OFFICE ORANGE COUNTY MARKET REPORT Continues to Tighten As Decreases MARKET OVERVIEW MARKET INDICATORS - VACANCY 13.5% NET ABSORPTION 101,500 CONSTRUCTION 497,387 RENTAL RATE $2.21 P FSG UNEMPLOYMENT 4.2%
More informationNegative Absorption And Sharp Rise In Total Vacancy to Begin 2014
OFFICE TRI-CITIES MARKET REPORT Negative Absorption And Sharp Rise In Total to Begin 214 MARKET OVERVIEW MARKET INDICATORS - VACANCY 19.4% NET ABSORPTION -154,9 CONSTRUCTION 155, RENTAL RATE $2.63 P UNEMPLOYMENT
More information>> Orange County Market Gains Positive Momentum
Research & Forecast Report ORANGE COUNTY OFFICE Accelerating success. >> Orange County Market Gains Positive Momentum Key Takeaways > The Orange County office market saw positive demand for third quarter
More informationTri-Cities Sees Increased Leasing Activity and Climbing Rents
OFFICE TRI-CITIES MARKET REPORT Tri-Cities Sees Increased Leasing Activity and Climbing Rents MARKET OVERVIEW MARKET INDICATORS - The Tri-Cities office market recorded 165, square feet () of positive absorption
More informationWest LA Continues To Present Strong Market Activity At Year-End
OFFICE MARKET REPORT West LA Continues To Present Strong Market Activity At Year-End MARKET OVERVIEW MARKET INDICATORS - VACANCY 13.1% NET ABSORPTION 388,900 CONSTRUCTION 549,665 RENTAL RATE $3.70 P FSG
More informationOrange County Industrial Continues Positive Momentum
INDUSTRIAL ORANGE COUNTY MARKET REPORT Orange County Industrial Continues Positive Momentum MARKET INDICATORS - VACANCY 2.9% AVAILABILTY 5.2% NET ABSORPTION 394,960 SF CONSTRUCTION 676,700 SF RENTAL RATE
More informationPostive Demand and Robust Leasing Fuels Tri-Cities Market
Q4 215 office tri-cities market report Postive Demand and Robust Leasing Fuels Tri-Cities Market Market overview MARKET indicators - Q4 215 VACANCY 14.4% NET ABSORPTION 127,7 CONSTRUCTION 167,8 RENTAL
More information>> 2016 Off to A Good Start for Tri-Cities
Research & Forecast Report TRI-CITIES OFFICE Q1 216 Accelerating success. >> 216 Off to A Good Start for Tri-Cities Key Takeaways > The Tri-Cities office market saw vacancy decline for the seventh consecutive
More informationDowntown Los Angeles Ends 2014 With Momentum
office downtown LOS ANGELES market report Downtown Los Angeles Ends 2014 With Momentum Market overview MARKET indicators - VACANCY 19.5% NET ABSORPTION 174,900 CONSTRUCTION 464,340 RENTAL RATE $35.77 P
More information>> Orange County Rents Increase to Start 2017
Research & Forecast Report ORANGE COUNTY OFFICE Accelerating success. >> Orange County Rents Increase to Start 2017 Key Takeaways > The Orange County office market saw positive demand for the first part
More information>> Heightened Investment Activity Highlights Year End
Research & Forecast Report South Bay OFFICE Accelerating success. >> Heightened Investment Activity Highlights Year End Key Takeaways > Leasing activity fell year-over-year by 23.5%, the fourth consecutive
More informationSan Fernando Valley & Ventura County Industrial Market $0.48 1Q11 1Q12 1Q13 1Q14 1Q15
industrial SAN FERNANDO VALLEY & VENTURA COUNTY market report Rents Continue To Rise As Vacancy Rate Continues To Decrease Market overview MARKET indicators - VACANCY 2.9% AVAILABILITY 5.2% NET ABSORPTION
More informationPositive Net Absorption Recorded For The Fourth Consecutive Quarter
OFFICE SAN FERNANDO & MARKET REPORT Positive Net Absorption Recorded For The Fourth Consecutive Quarter MARKET OVERVIEW MARKET INDICATORS - VACANCY 16.7% NET ABSORPTION 25,4 CONSTRUCTION 12,3 RENTAL RATE
More information>> Orange County Vacancy Continues to Decline
Research & Forecast Report ORANGE COUNTY OFFICE Accelerating success. >> Orange County Continues to Decline Key Takeaways > The South County submarket led the Orange County market in overall net absorption
More informationRENTS VACANCY $2.10 1Q11 1Q12 1Q13 1Q14 1Q15
office Greater LOS ANGELES basin market report Rising Rents and Positive Absorption Lead to Tightening Market Conditions EXECUTIVE SUMMARY MARKET indicators - VACANCY 15.7% NET ABSORPTION +487,5 CONSTRUCTION
More informationPositive Leasing Activity and Increasing Rents for Downtown Los Angeles
office downtown LOS ANGELES market report Positive Leasing Activity and Increasing Rents for Downtown Los Angeles Market overview MARKET indicators - VACANCY 18.8% NET ABSORPTION -44,700 CONSTRUCTION 771,892
More information>> Downtown LA Carries Momentum Into 2018
Research & Forecast Report DOWNTOWN L.A. OFFICE Accelerating success. >> Downtown LA Carries Momentum Into 218 Key Takeaways > Demand momentum carried over from last quarter into the new year, rising from
More information>> Vacancy Rises With New Deliveries
Research & Forecast Report DOWNTOWN L.A. OFFICE Q1 217 Accelerating success. >> Rises With New Deliveries Key Takeaways > After seven consecutive quarters of declining or unchanged vacancy, the overall
More informationSix Consecutive Quarters Of Positive Absorption As Asking Rents Increase
OFFICE GREATER LOS ANGELES BASIN MARKET REPORT Six Consecutive Quarters Of Positive Absorption As Asking Rents Increase EXECUTIVE SUMMARY MARKET INDICATORS - VACANCY 15.3% NET ABSORPTION +789,2 CONSTRUCTION
More informationLos Angeles Basin Retail Market Witnessed A Slight Increase In Vacancy Rates
RETAIL GREATER LOS ANGELES BASIN MARKET REPORT Witnessed A Slight Increase In Vacancy Rates MARKET INDICATORS - VACANCY 6.2% NET ABSORPTION -551,200 CONSTRUCTION 1,946,000 RENTAL RATE $1.96 P NNN UNEMPLOYMENT
More information>> Vacancy Stabilizes As Rents Rise To End 2016
Research & Forecast Report DOWNTOWN L.A. OFFICE Q4 216 Accelerating success. >> Stabilizes As Rents Rise To End 216 Key Takeaways > After six consecutive quarters of declines, the overall vacancy rate
More information>> Strong Sales Activity Persists in Second Quarter
Research & Forecast Report TRI-CITIES OFFICE Q2 217 Accelerating success. >> Strong Sales Activity Persists in Second Quarter Key Takeaways > Overall vacancy in the Tri-Cities office market decreased in
More informationLos Angeles Basin Retail Market Continues To Witness Decreasing Vacancy Rates
RETAIL GREATER LOS ANGELES BASIN MARKET REPORT Continues To Witness Decreasing Vacancy Rates MARKET INDICATORS - VACANCY 6. NET ABSORPTION 588,800 CONSTRUCTION 3,312,470 RENTAL RATE $2.04 P NNN UNEMPLOYMENT
More information>> New Construction Delivers to the Orange County Office Market
Research & Forecast Report ORANGE COUNTY OFFICE Accelerating success. >> New Construction Delivers to the Orange County Office Market Key Takeaways > Three new office developments were delivered to the
More informationHISTORICAL VACANCY VS RENTS $1.75 2Q10 2Q11 2Q12 2Q13 2Q14
www.colliers.com/greaterlosangeles RETAIL GREATER LOS ANGELES BASIN MARKET REPORT Vacancy Decreases and Net Absorption Increases From Previous Quarter MARKET INDICATORS - VACANCY 6. NET ABSORPTION 732,000
More informationLos Angeles Basin Retail Market Continues To Witness Decreasing Vacancy Rates
RETAIL GREATER LOS ANGELES BASIN MARKET REPORT Continues To Witness Decreasing Vacancy Rates MARKET INDICATORS - VACANCY 6.0% NET ABSORPTION 1,605,200 CONSTRUCTION 2,111,970 RENTAL RATE $2.03 P NNN UNEMPLOYMENT
More information>> Deliveries Mute Demand While Rents Rise
Research & Forecast Report GREATER L.A. OFFICE Accelerating success. >> Deliveries Mute Demand While Rents Rise Key Takeaways > The Greater Los Angeles Basin office market posted positive demand of 1,018,100
More informationVacancy Net Absorption Construction Rental Rate. Vacancy Rate 1.7% Change from Q3 17 (Basis Points) -20 BPS. Construction Completions
Forecast Vacancy Net Absorption Construction Rental Rate Vacancy Rate 1.7% Change from Q3 17 (Basis Points) -2 BPS Net Absorption 394,4 Construction Completions 191,7 Average Asking Rent Change from Q3
More information>> Asking Rents Increase As Space Remains Limited
Research & Forecast Report MID-COUNTIES INDUSTRIAL Accelerating success. >> Asking Rents Increase As Space Remains Limited Key Takeaways > Average asking rents increased $0.02 Per Square Foot (P) Triple
More information>> Greater Los Angeles Retail Starts 2017 At A Slow Pace
Research & Forecast Report GREATER LOS ANGELES RETAIL Q1 2017 Accelerating success. >> Greater Los Angeles Retail Starts 2017 At A Slow Pace Greater Los Angeles Retail Market The Los Angeles Basin retail
More information>> Greater Los Angeles Retail Continues to Witness Declining Vacancy
Research & Forecast Report GREATER LOS ANGELES RETAIL Accelerating success. >> Greater Los Angeles Retail Continues to Witness Declining Vacancy Greater Los Angeles Retail Market The Los Angeles Basin
More information>> Greater Los Angeles Retail Continues to Witness Declining Vacancy
Research & Forecast Report GREATER LOS ANGELES RETAIL Accelerating success. >> Greater Los Angeles Retail Continues to Witness Declining Vacancy Greater Los Angeles Retail Market The Los Angeles Basin
More informationHISTORICAL VACANCY VS RENTS. San Fernando Valley & Ventura County Industrial Market RENTS VACANCY 1Q10 1Q11 1Q12 1Q13 1Q14
INDUSTRIAL SAN FERNANDO VALLEY & VENTURA COUNTY MARKET REPORT Positive Demand For Space Leads To A 4.% Vacancy Rate MARKET OVERVIEW MARKET INDICATORS - VACANCY 4.% AVAILABILTY 6.7% NET ABSORPTION +531,8
More information>> West L.A. Maintains Momentum To Start Year
Research & Forecast Report West Los Angeles OFFICE Accelerating success. >> West L.A. Maintains Momentum To Start Year Key Takeaways > The average asking monthly rent for West Los Angeles rose to $4.63
More information>> Negative Net Absorption Despite Completions
Research & Forecast Report MID-COUNTIES INDUSTRIAL Accelerating success. >> Negative Net Absorption Despite Completions Key Takeaways > This quarter, 542,000 square feet of industrial space finished construction,
More information>> Greater Los Angeles Retail Ends 2016 With Mixed Results
Research & Forecast Report GREATER LOS ANGELES RETAIL Q4 2016 Accelerating success. >> Greater Los Angeles Retail Ends 2016 With Mixed Results Greater Los Angeles Retail Market The Los Angeles Basin retail
More information>> Vacancy Falls To Lowest Rate Ever
Research & Forecast Report San Gabriel VALLEY INDUSTRIAL Accelerating success. >> Vacancy Falls To Lowest Rate Ever Key Takeaways Market Indicators Relative to prior period Forecast Construction Rental
More information>> Greater Los Angeles Retail Starts 2016 On a Positive Note
Research & Forecast Report GREATER LOS ANGELES RETAIL Accelerating success. >> Greater Los Angeles Retail Starts 2016 On a Positive Note Greater Los Angeles Retail Market The Los Angeles Basin retail market
More information>> Vacancy Continues to Decline While Rents Rise
Research & Forecast Report DOWNTOWN L.A. OFFICE Accelerating success. >> Continues to Decline While Rents Rise Key Takeaways > continued its gradual descent for the sixth straight quarter, recording at
More informationNewly Completed Buildings Quickly Sold or Leased As Tight Market Continues
industrial San Gabriel Valley market report Newly Completed Buildings Quickly Sold or Leased As Tight Market Continues Market overview MARKET indicators - VACANCY 1.8% AVAILABILTY 3.7% NET ABSORPTION 16,500
More information>> Rents Rise To Highest Point Ever
Research & Forecast Report SAN FERNANDO VALLEY & VENTURA COUNTY INDUSTRIAL Accelerating success. >> Rents Rise To Highest Point Ever Key Takeaways > Asking rental rates rose $.2 P NNN to $.69 P NNN. Rents
More information>> West L.A. Rent Growth Climbs into Second Half
Research & Forecast Report WEST LOS ANGELES OFFICE Accelerating success. >> West L.A. Rent Growth Climbs into Second Half Key Takeaways > The average asking monthly rent for West Los Angeles rose to $4.74
More information2015 Continues With Strong Industrial Demand & Increased Build To Suit Activity
industrial INLAND EMPIRE market report 2015 Continues With Strong Industrial Demand & Increased Build To Suit Activity MARKET indicators - VACANCY 4.3% AVAILABILITY 6.2% NET ABSORPTION 6.9 Million CONSTRUCTION
More information>> Overall Market Vacancy Rises to Begin 2017
Research & Forecast Report GREATER L.A. OFFICE Accelerating success. >> Overall Market Rises to Begin 2017 Key Takeaways > The Greater Los Angeles Basin office market recorded negative net absorption for
More informationVacancy Net Absorption Construction Rental Rate. Vacancy Rate 2.5% Change from Q2 17 (Basis Points) +30 BPS. GLA Industrial Market.
Q4 2017 Forecast Vacancy Net Absorption Construction Rental Rate Vacancy Rate 2.5% Change from Q2 17 (Basis Points) +30 BPS Net Absorption 4,787,900 SF Construction Completions 11,127,200 SF Under Construction
More information>> Construction Boom Continues Into 2016
Research & Forecast Report GREATER L.A. INDUSTRIAL Accelerating success. >> Construction Boom Continues Into 2016 Key Takeaways > The Greater Los Angeles Basin industrial market delivered 6,099,400 SF
More information>> Tight Market Condions & Rising Rents
Research & Forecast Report GREATER L.A. INDUSTRIAL Accelerating success. >> Tight Market Condions & Rising Rents Key Takeaways > The Greater Los Angeles Basin industrial market absorbed 6,025,000 SF of
More informationOFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
LOS ANGELES NORTH OFFICE FOURTH QUARTER 217 QUICK STATS Direct Vacancy 11.8% Overall Vacancy 12.5% Lease Rate FSG $2.75 Gross Absorption Under Construction MARKET TRENDS Current Quarter 1,6,941 SF 89,158
More informationFOURTH QUARTER 2013 LEASING ACTIVITY CONTINUES TO BE BETTER THAN EXPECTED MARYLAND OFFICE MARKET REPORT MARKET SUMMARY ABSORPTION
Q4 2013 MARYLAND OFFICE MARYLAND OFFICE MARKET REPORT FOURTH QUARTER 2013 LEASING ACTIVITY CONTINUES TO BE BETTER THAN EXPECTED MARKET SUMMARY Updated April 2013 MARKET INDICATORS Q4 2013 Q1 2014* VACANCY
More informationOFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
LOS ANGELES SAN GABRIEL VALLEY OFFICE SECOND QUARTER 218 QUICK STATS Direct Vacancy 11.1% Overall Vacancy 11.4% Lease Rate FSG $2.32 Gross Absorption Under Construction MARKET TRENDS Current Quarter 345,68
More informationOFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
ORANGE COUNTY OFFICE THIRD QUARTER 217 QUICK STATS Direct Vacancy 12.1% Overall Vacancy 12.9% Lease Rate FSG $2.61 Gross Absorption Under Construction MARKET TRENDS Current Quarter 2,479,293 SF 379, SF
More informationShrinking Supply Continues To Push Rates
Research & Forecast Report STOCKTON SAN JOAQUIN COUNTY OFFICE Q1 2017 Shrinking Supply Continues To Push Rates > Office inventory: 8,221,819 > Vacancy: 10.5 percent > Net absorption: 49,103 year-to-date
More informationRESEARCH & FORECAST REPORT
Q3 2014 INDUSTRIAL STOCKTON SAN JOAQUIN COUNTY, CALIFORNIA RESEARCH & FORECAST REPORT Vacancies Continue to Decline to Historic Lows Vacancy rates for San Joaquin County industrial space fell to pre-great
More informationOFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
LOS ANGELES CENTAL/SOUTHEAST OFFICE THIRD QUARTER 218 QUICK STATS Direct Vacancy 14.7% Overall Vacancy 15.2% Lease Rate FSG $3.16 Gross Absorption Under Construction MARKET TRENDS Change from Last Quarter
More informationOFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
INLAND EMPIRE OFFICE THIRD QUARTER 217 QUICK STATS Direct Vacancy 11.4% Overall Vacancy 11.7% Lease Rate FSG $1.83 Gross Absorption Under Construction MARKET TRENDS Current Quarter 529,634 SF 45,24 SF
More information2018: A Ground Breaking Year
Research & Forecast Report STOCKTON SAN JOAQUIN COUNTY OFFICE Q4 2017 2018: A Ground Breaking Year > Office inventory: 8,527,819 > Vacancy: 10.6 percent > Net absorption: 310,934 year-to-date The Northern
More informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
PHOENIX, ARIZONA INDUSTRIAL THIRD QUARTER 217 QUICK STATS Direct Vacancy 8.7% Overall Vacancy 9.% Lease Rate NNN $.54 Gross Absorption Under Construction MARKET TRENDS Current Quarter 5,991,128 SF 4,751,494
More informationSecond Quarter: Suburban Maryland s Uptick in Leasing has yet to be Realized in Absorption Numbers
Q2 2013 OFFICE SUBURBAN MARYLAND SUBURBAN MARYLAND MARKET REPORT Second Quarter: Suburban Maryland s Uptick in has yet to be Realized in Numbers Updated May 2012 MARKET INDICATIONS Q2 2013 Q3 2013 (p)
More informationQ Market Report
///////////////L o s A n g e l e s ///////////// ///////////O r a n g e C o u n t y /////////// ////////////V e n t u r a ///////////////// ////////// I n l a n d E m p i r e //////////// Market Report
More informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
ORANGE COUNTY INDUSTRIAL FOURTH QUARTER 217 QUICK STATS Direct Vacancy 2.3% Overall Vacancy 2.7% Lease Rate NNN $.91 Gross Absorption Under Construction MARKET TRENDS Current Quarter 4,283,991 SF 963,138
More informationOFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
VENTURA COUNTY OFFICE THIRD QUARTER 217 QUICK STATS Direct Vacancy 13.9% Overall Vacancy 14.3% Lease Rate FSG $2.25 Gross Absorption Under Construction MARKET TRENDS Current Quarter 34,43 SF 18,112 SF
More informationRESEARCH & FORECAST REPORT
Q4 INDUSTRIAL FAIRFIELD: SOLANO & NAPA COUNTIES CALIFORNIA RESEARCH & FORECAST REPORT MARKET INDICATORS Q4-13 Projected Q1-14 Industrial Market Review Wine Industry Growth Inspires Development was one
More informationVacancy Increased Slightly During the First Quarter
Research & Forecast Report STOCKTON SAN JOAQUIN COUNTY OFFICE Q1 2016 Vacancy Increased Slightly During the First Quarter > Vacancy rates have been steadily declining since the fourth quarter of 2011.
More informationRESEARCH & FORECAST REPORT
Q2 2012 OFFICE LAS VEGAS NEVADA RESEARCH & FORECAST REPORT Recovery Without Job Growth? Despite office employment still trending downwards, Southern Nevada s office market posted positive net absorption
More informationMarket Research. Market Indicators
colliers international LAS VEGAS, NV Market Research OFFICE Third Quarter 2009 Market Indicators Net Absorption Construction Rental Rate Q3-09 Q4-2009 Projected Clark County Economic Data Jul-09 Jul-08
More informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS. Current Quarter. Direct Vacancy 2.
ORANGE COUNTY INDUSTRIAL SECOND QUARTER 218 QUICK STATS Direct Vacancy 2.2% Overall Vacancy 2.5% Lease Rate NNN $.95 Gross Absorption Under Construction MARKET TRENDS Current Quarter 2,956,71 SF 1,367,18
More informationMarket Research. OFFICE First Quarter 2010
colliers international LAS VEGAS, NV Market Research OFFICE First Quarter 2010 Market Indicators Net Absorption Construction Rental Rate Q1-10 Q2-2010 Projected Clark County Economic Data Jan-10 Jan-09
More informationOffice Stays Positive
Q2 2014 OFFICE LAS VEGAS NEVADA RESEARCH & FORECAST REPORT Office Stays Positive While it may not always be pretty, Southern Nevada s office market continues to improve. Net absorption increased in the
More informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS. Current Quarter. Direct Vacancy 2.
LOS ANGELES NORTH INDUSTRIAL THIRD QUARTER 218 QUICK STATS Direct Vacancy 2.3% Overall Vacancy 2.6% Lease Rate NNN $1.1 Gross Absorption Under Construction MARKET TRENDS Current Quarter 1,632,564 SF 595,199
More informationTime for Retail to Take Stock
Q1 2013 RETAIL LAS VEGAS NEVADA RESEARCH & FORECAST REPORT Time for Retail to Take Stock It is heartening to say, after five years of a bad economy, that the first quarter of 2013 s 119,649 square feet
More informationMarket Research. Market Indicators
colliers international LAS VEGAS, NV Market Research OFFICE Second Quarter 2009 Market Indicators Net Absorption Construction Rental Rate Q2-09 Q3-2009 Projected Clark County Economic Data UNEMPLOYMENT
More informationRed Hot Rents & Cooling Vacancy
Research & Forecast Report NORTH I-680 CORRIDOR OFFICE Q3 2017 Red Hot Rents & Cooling Vacancy > > Office Inventory: 16,926,446 Square Feet > > Vacancy: 12.9 percent > > Net absorption: (380,946) Square
More informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
VENTURA COUNTY INDUSTRIAL FOURTH QUARTER 217 QUICK STATS Direct Vacancy 2.1% Overall Vacancy 2.4% Lease Rate NNN $.7 Gross Absorption Under Construction MARKET TRENDS Current Quarter 1,332,957 SF 774,362
More informationIndustrial Market Review
Q1 2012 industrial Stockton San JoAquin County, California research & forecast Report Industrial Market Review Momentum built-up from 2011 carried the industrial market into its fifth consecutive quarter
More informationRESEARCH & FORECAST REPORT
Q3 2012 OFFICE LAS VEGAS NEVADA RESEARCH & FORECAST REPORT Office Forges Ahead Southern Nevada s office market continued to post positive net absorption in the third quarter of 2012, despite weak employment
More informationIndustrial Market Review
Q3 2013 industrial Stockton San JoAquin County, California research & forecast Report Industrial Market Review Amazon s Completed Facility Helps Balance the Market The San Joaquin County industrial real
More informationEast Los Angeles Flex Office with Abundant Parking For Sale 5128 VALLEY BOULEVARD & 2262 BEATIE PLACE LOS ANGELES, CA 90032
East Los Angeles Flex Office with Abundant Parking For Sale 5128 VALLEY BOULEVARD & 2262 BEATIE PLACE LOS ANGELES, CA 90032 Colliers Brokerage NATHAN PELLOW Executive Vice President License No. 01215721
More informationMedical Takes a Sick Quarter
Research & Forecast Report LAS VEGAS MEDICAL OFFICE Q3 2015 Medical Takes a Sick Quarter > > After two quarters of growth, the medical real estate sector stalled in the third quarter of 2015 > > Asking
More informationOffice Market Continues to Improve
Research & Forecast Report LAS VEGAS OFFICE Q3 2016 Office Market Continues to Improve > > Southern Nevada s office market is improving at a steady rate > > Net absorption has been positive in twelve of
More information