West Los Angeles Marks Ten Consecutive Quarters Of Positive Market Activity
|
|
- Cordelia Anderson
- 5 years ago
- Views:
Transcription
1 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 $3.76 P FSG UNEMPLOYMENT 7.8% The West Los Angeles office market recorded positive absorption of 84,900 square feet () in the first quarter of Total vacancy decreased 20 basis points to 12.9% from 13.1% in the previous quarter. Direct weighted average gross asking rents continued upward as rents jumped to $3.76 per square foot (P), per month full service gross (FSG). Leasing activity totaled 1,267,543 relative to 1,264,658 in fourth quarter of Lease transactions continue to be dominated by the tech, media and law firm industries throughout the market. Investment sales activity in the first quarter included the following transactions as investors continue to take advantage of low interest rates and current market conditions: Invesco Real Estate acquired The Reserve at W. Jefferson Blvd in Playa Vista for $791 P from Shorenstein Properties, IDS Real Estate Group acquired the three building Beats by Dre portfolio in Culver City totaling 127,447 for $847 P from Hackman Capital Partners, Tishman Speyer acquired 520 Broadway in Santa Monica for $805 P from Vornado Realty Trust, Mani Brothers RE Group acquired Jefferson Blvd. in Playa Vista for $542 P from Ocean West Capital Partners and Westbrook Partners acquired the Ocean Park Plaza at 2701 Ocean Park Blvd. in Santa Monica for $722 P from Broadreach Capital Partners. MARKET trends - >> Total vacancy decreases to 12.9% HISTORICAL VACANCY VS RENTS Q HISTORICAL net absorption & Construction COMPLETIONS - Q >> Weighted average asking rental rate jumped from $3.70 P FSG to $3.76 P FSG >> New leasing activity at 1,267,543 >> There was positive demand with 84,900 net absorption >> Construction activity at 549,665 $ P FSG PER MONTH (WEIGHTED) $4.00 $3.90 $3.80 $3.70 $3.60 $3.50 $3.40 $3.30 $3.20 $3.10 $3.00 RENTS VACANCY 1Q11 1Q12 1Q13 1Q14 1Q15 18% 16% 14% 12% 10% 8% 6% 4% % VACANT (TOTAL) 800, , , ,000 0 (200,000) (400,000) (600,000) (800,000) (1,000,000) (1,200,000) NET ABSORPTION CONSTRUCTION COMPLETIONS 1Q11 1Q12 1Q13 1Q14 1Q15 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 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: 7.8% (as of February 2015) vacancy The total vacancy rate decreased to 12.9%. This is a 20 basis point decrease relative to last quarter. Total vacancy rates were the highest in the Marina Del Rey/Venice submarket (23.6%) and lowest in the Olympic Corridor submarket, at a rate of 4.5%. rates were highest for Class A space (13.5%) and lowest for Class C space (5.9%) with Class B space in-between at 10.5%. Compared to the surrounding Los Angeles County submarkets, the West Los Angeles market continues to see tightening market conditions due to the high demand of creative office space from technology, media and entertainment users. net absorption Net absorption recorded at 84,900 in the first quarter, which is relatively flat compared to past quarters. West Los Angeles has recorded positive net absorption every quarter since fourth quarter The best performing submarkets in fourth quarter were as follows: Beverly Hills (151,500 ), Olympic Corridor (79,600 ), Brentwood (62,900 ), West Hollywood (21,000 ), Miracle Mile (17,500 ) and Culver City (16,200 ). Five submarkets recorded negative absorption: Century City (-128,000 ), Marina Del Rey/ Venice (-92,700 ), Santa Monica (-22,800 ), Westwood ( ) and West Los Angeles (-3,900 ). The tenants that occupied space in the first quarter are as follows: Cox, Castel & Nicholson moved into 44,395 at 2029 Century Park East in Century City, True Car, Inc. moved into 33,700 at 1401 Ocean Ave. in Santa Monica, SnapChat moved into 24,815 at 701 Ocean Front Walk in Venice. unemployment February 2015 figures for nonfarm employment in Los Angeles County showed a recovering job market. Over the past 12 months, Los Angeles County has gained 101,100 jobs for an increase of 2.4 percent. This gain in employment led to the unemployment lowering to 7.8% compared to 8.7% one year ago. Year-over-year job gains were most significant in Educational and Health Services (+27,400) Trade, Transportation, and Utilities (+19,600). VACANCY BY submarket West Los Angeles Market NET ABSORPTION BY SUBMARKET West Los Angeles Market 25% 200,000 SUBLEASE VACANCY DIRECT VACANCY 151, % 2.7% 150,000 % VACANT 20% 15% 10% 5% 0% 0.6% 0.7% 21.5% 0.1% 0.2% 0.0% 20.9% 0.2% 14.1% 13.2% 13.5% 13.1% 13.7% 0.9% 11.5% 0.7% 7.2% 0.3% 4.2% 6.9% 100,000 50,000 0 (50,000) (100,000) (150,000) 79,600 62,900 21,100 17,500 16,200 (3,900) (16,500) (22,800) (92,700) (128,000) p. 2 Colliers International
3 market Report OFFICE 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 A ,921, % 0.7% 13.5% 14.1% 1,006,295 1,006, , , ,322 $3.84 B ,567, % 0.7% 10.5% 9.5% 200, ,706 (106,200) (106,200) 0 280,343 $3.58 C , % 0.0% 5.9% 4.2% 18,611 18,611 (12,300) (12,300) 0 0 $2.75 Subtotal 20 10,593, % 0.2% 13.3% 12.1% 201, ,556 (128,000) (128,000) 0 0 $4.30 Subtotal 102 9,210, % 0.9% 8.0% 7.8% 134, ,902 (22,800) (22,800) 0 0 $4.41 Subtotal 71 6,750, % 0.7% 7.6% 9.8% 144, , , , ,900 $4.83 Subtotal 25 5,272, % 0.1% 13.3% 13.6% 180, ,259 17,500 17, $3.08 Subtotal 27 4,743, % 0.6% 14.4% 14.0% 73,565 73,565 (16,500) (16,500) 0 0 $3.88 Subtotal 46 3,633, % 0.7% 14.7% 15.2% 30,670 30,670 16,200 16, $2.56 Subtotal 48 5,959, % 2.7% 23.6% 22.0% 260, ,138 (92,700) (92,700) 0 204,422 $3.17 Subtotal 20 3,363, % 0.2% 11.7% 13.6% 112, ,565 62,900 62, $3.55 Subtotal 22 3,020, % 0.3% 4.5% 7.2% 51,531 51,531 79,600 79, ,343 $3.50 Subtotal 31 2,824, % 0.4% 21.9% 22.7% 73,270 73,270 21,100 21, $4.30 Subtotal , % 0.0% 13.5% 13.1% 4,148 4,148 (3,900) (3,900) 0 0 $2.64 MARKET TOTAL Total ,220, % 0.7% 12.9% 13.1% 1,267,543 1,267,543 78,200 78, ,665 $3.76 Colliers International p. 3
4 market Report OFFICE >> Average rental rates have been increasing at a measured pace since fourth quarter 2011; this trend is expected to continue >> The tech, media and entertainment sectors continue to dominate the West Los Angeles market leasing activity >> Strong leasing activity is expected to provide the West Los Angeles market with momentum continuing a positive absorption trend CONSTRUCTION There were no new buildings delivered to the market in first quarter. The West Los Angeles office market recorded 549,665 of space under construction and renovation. The projects are as follows: Hundson Pacific Properties is renovating the Element LA campus in the Olympic Corridor consisting of five buildings totalling 280,343. Tishman Speyer currently has 204,422 under construction at The Collective at Playa Vista and Kennedy-Wilson Properties is renovating 150 S. El Camino Dr. totaling 64,937 in Beverly Hills, which all are expected to be completed second quarter of ACTIVITY New leasing activity during first quarter was 1,267,543 square feet, a 0.2% increase compared to last quarter. The tech, media and entertainment sectors continue to dominate the West Los Angeles market with large lease signings. The tenants that signed leases in first quarter are as follows: Irell & Manella LLP signed a renewal for 125,250 at 1800 Avenue of the Stars in Century City, Omnicon leased 60,000 at W. Jefferson Blvd. in Marina Del Rey, Kinetic connect leased 55,700 at & Wilshire Blvd. in Brentwood, Group M renewed 44,344 at 6300 Wilshire Blvd. in Miracle Mile and WhaleRock Industries, Inc. leased 30,000 at 750 San Vicente Blvd. in West Hollywood. rental rates The overall weighted average asking rent for direct space increased 1.6% to $3.76 P from $3.70 P last quarter. Average asking rental rates were last historically recorded in the current range at the end of The following submarkets all had significant asking rental rate increases: Santa Monica, Beverly Hills, Brentwood and the Olympic Corridor. Average rental rates have been increasing since Q This trend is expected to continue throughout 2015 as the market tightens. Average asking rents remained highest in Beverly Hills ($4.83 P) and lowest in Culver City ($2.56 P). Class A asking rents were $3.84 P compared to Class B at $3.58 P and Class C at $2.75 P. WEIGHTED AVERAGE ASKING LEASE RATES BY SUBMARKET LEASING ACTIVITY BY SUBMARKET $ P PER MONTH (FSG) $5.00 $4.50 $4.00 $3.50 $3.00 $2.50 $2.00 $1.50 $1.00 $4.83 $4.30 $4.30 $4.41 $3.88 $3.55 $3.50 $3.08 $3.17 $2.56 $ , , , , , , , , , ,000 80,000 60,000 40,000 20, ,148 30,670 51,531 73,270 73, , , , , , ,259 p. 4 Colliers International
5 market Report OFFICE OUTLOOK The West Los Angeles market began 2015 with relatively flat net absorption compared to prior quarters, however, market conditions will continue to experience strong market fundamentals. Investment sales and leasing activity will continue to intensify throughout the year. Rental rate increases and concession reductions are expected to continue as vacancy rates decline. The West Los Angeles market will continue to be the leader of the Los Angeles basin office market with driving demand from the tech, media and entertainment sectors. market description West Los Angeles is a moderately large office market comprised of 56.2 million square feet, representing 19% of the total office space in buildings 25,000 square feet and greater in the Los Angeles Basin. It is also a moderately young and dense market, with 40% of its space built in 1985 or later, and 70% of its space contained within mid-rise and high-rise buildings. It has a large concentration of high-margin firms (including those in the entertainment, digital media, software, and finance sectors), and is situated in the midst of some of the most affluent neighborhoods nationally. HISTORICAL LEASING ACTIVITY Q UNEMPLOYMENT RATE United States, California & West Los Angeles February ,900,000 1,700,000 1,500,000 1,300,000 1,100, , , % 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 5.8% 6.7% 7.8% 500, % 300, % 100,000 1Q11 1Q12 1Q13 1Q14 1Q15 0.0% United States California Los Angeles County RECENT TRANSACTIONS & MAJOR DEVELOPMENTS SALES ACTIVITY PROPERTY ADDRESS SIZE SALE PRICE PRICE P BUYER SELLER W. Jefferson Blvd., Los Angeles 338,695 $316,000,000 $791 P Invesco Real Estate Shorenstein Properties, LLC 3644 Eastham Dr./8600 Hayden Pl./8550 Higuera St., Culver 127,447 $108,000,000 $847 P IDS Real Estate Group Hackman Capital Partners 520 Broadway, Santa Monica 112,985 $91,000,000 $805 P Tishman Speyer Vornado Realty Trust Jefferson Blvd., Los Angeles 89,365 $48,500,000 $542 P Mani Brothers RE Group Ocean West Capital Partners 2701 Ocean Park Blvd., Santa Monia 100,983 $31,457,064 $722 P Westbrook Partners Broadreach Capital Partners LEASING ACTIVITY PROPERTY ADDRESS LEASED LEASE TYPE BLDG TYPE LESSEE LESSOR 1800 Avenue of the Stars, Los Angeles 125,250 Renewal A Irell & Manella LLP Topa Equities W. Jefferson Blvd., Los Angeles 60,000 Direct A Omnicon Vantage Property Investors & Wilshire Blvd., Los Angeles 55,700 Direct A Kinetic Connect CalSTRS 6300 Wilshire Blvd., Los Angeles 44,300 Renewal A Group M Legacy Partners 750 San Vicente Blvd., West Hollywood 30,000 Direct A WhaleRock Industries, Inc Cohen Brothers Realty Group MAJOR DEVELOPMENTS PROJECT DEVELOPER SIZE SUBMARKET STATUS ESTIMATED COMPLETION Element: LA (5 bldgs) Hudson Pacific Properties 280,343 Olympic Corridor Under Renovation Q The Collective At Playa Vista (5 bldgs) Tishman Speyer 204,422 Marina Del Rey/Venice Under Construction Q S. El Camino Dr., Beverly Hills Kennedy-Wilson Properites 64,937 Beverly Hills Under Renovation Q Colliers International p. 5
6 market Report OFFICE DEFINITIONS OF KEY TERMS USED IN THIS REPORT Total Rentable Square Feet: Office space in buildings with 25,000 or more of speculative office space. Includes competitive space in Class A, B and C singletenant and multi-tenant buildings. Excludes non-competitive owner-occupied buildings, buildings that include 30% or greater of medical or retail space, and space that is underconstruction, 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. 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: Includes buildings that are in some phase of construction, beginning with foundation work and ending with the issuance of a Certificate of Occupancy. 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. united states: Downtown Los Angeles Office License No S. Figueroa Street, Suite 3500 Los Angeles, CA tel FAX Downtown LA ALGERMISSEN, STEPHEN Executive Vice President BISSELL, BRENT Vice President DUMONT, CHRIS Senior Vice President DWIGHT, TIM KIRK, TERENCE Vice President MATTESON, CAITLIN Research Director Research Services MUMPER, HANS Executive Managing Director PUTNAM, RICK Managing Director Western Region Capital Markets El Segundo BRAWN, DOUGLAS Vice President GOODWIN, THACHER LASTITION, ERIC Senior Executive Vice President LUDWIG, GEOFFREY Senior Executive Vice President WALSH, GREGORY T. Senior Executive President 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. 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 SPROWLES, MATTHEW STANICH, KYLE VILGIATE, NICO Executive Vice President Accelerating success. p. 6 Colliers International
West 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 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 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 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 informationSouth 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 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 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 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 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 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 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 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 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 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 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 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 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>> 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 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 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 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 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 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>> 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 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 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 informationSouth Bay Leasing Activity Reaches 4-Year High as El Segundo Stays Hot
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
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 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 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 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 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 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 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 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 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 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 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 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>> 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>> 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 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 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 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 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 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 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>> 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 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>> 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>> 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 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 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>> 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>> 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 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 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 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>> 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 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 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 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 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 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 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 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 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
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 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 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 informationGreater Los Angeles MARKETBEAT. Office Q Economy. Market Overview
LOS ANGELES COUNTY Economic Indicators Q2 16 Q2 17 Los Angeles Employment 4.38M 4.44M Los Angeles Unemployment 5.3% 4.4% U.S. Unemployment 4.9% 4.4% 12-Month Forecast Economy The job growth rate in Los
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 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 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 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 WATCH SOUTHERN CALIFORNIA & PHOENIX
SOUTHERN CALIFORNIA & PHOENIX COMMERCIAL REAL ESTATE MARKET FOURTH QUARTER 217 MARKET WATCH SOUTHERN CALIFORNIA & PHOENIX 1.888.659.DAUM WWW.DAUMCOMMERCIAL.COM D/AQ Corp. # 1129558 DAUM TABLE OF CONTENTS
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 informationGreater Los Angeles MARKETBEAT. Office Q Economy. Market Overview
LOS ANGELES COUNTY Economic Indicators Market Indicators (Overall, All Classes) Overall Net Absorption / Overall Asking Rent Overall Vacancy Q4 15 Q4 16 Los Angeles Employment 4.3M 4.4M Los Angeles Unemployment
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 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 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 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 informationGreater Los Angeles MARKETBEAT. Office Q Economy. Market Overview. Outlook LOS ANGELES COUNTY. Economic Indicators
LOS ANGELES COUNTY Economic Indicators Q3 16 Q3 17 Los Angeles Employment 4.41M 4.44M Los Angeles Unemployment 5.2% 4.8% U.S. Unemployment 4.9% 4.4% Market Indicators (Overall, All Classes) Q3 16 Q3 17
More information2.8% 2.0% $811M. 2017: A Solid Year for the Metro Denver Office Sector HIGHLIGHTED METRO DENVER OFFICE. Market Report Q ECONOMIC TRENDS
Market Report METRO DENVER OFFICE Q4 2017 2017: A Solid Year for the Metro Denver Office Sector MARKET OVERVIEW Denver s office market finished 2017 with strong positive absorption during the fourth quarter
More informationStronger Office Market Looking Into Future
Research & Forecast Report Long Island OFFICE MARKET Q2 2015 Stronger Office Market Looking Into Future Rose Liu Research & Financial Analyst Long Island Takeaways Class A & B Long Island economic and
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 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 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 information