LOS ANGELES OFFICE 4-QTR TRAILING AVERAGE. cushmanwakefield.com I 1
|
|
- Jennifer Charles
- 5 years ago
- Views:
Transcription
1 LOS ANGELES OFFICE Q3 17 Q3 18 Los Angeles Employment 4.45M 4.51M Los Angeles Unemployment 4.6% 4. U.S. Unemployment 4.4% 3.9% *3Q18 Average July August Q3 17 Q3 18 Vacancy 14.9% 15.2% YTD Net Absorption (sf) 1.4M 1.3M Under Construction (sf) 1.5M 2.0M Average Asking Rent* $3.18 $3.35 *Rental rates reflect gross asking $psf/mo 4-QTR TRAILING AVERAGE 1,500,000 1,000, Month Forecast 12-Month Forecast $4 $3 The U.S. unemployment rate remained at 3.9% in August, one of the lowest levels in half a century and well below estimates of full employment that range from 4. to 5.. August was the 95th straight month the U.S. economy added jobs, with an average 207,000 jobs a month so far this year, a healthy pace that indicates companies continue to grow and don't anticipate a downturn anytime soon. Locally, Los Angeles County s unemployment rate was 4. in August, down from 4.6% one year ago. Over the last 12 months, the county added 62,000 jobs for a 1.4% annual growth. The prolonged run in office-using job growth continues with the professional and business services sector adding 14,300 jobs, the educational and health services sector increasing by 15,300 jobs and the information sector gaining 12,100 jobs. Greater Los Angeles (GLA) average asking rental rates of $3.35 price per square foot per month (psf/mo) remain relatively flat from last quarter, up $0.03 or 1%. Up 3.8% year-over year, LA West continues to record the highest overall asking rental rates at $4.65 psf/mo. Direct Class A asking rental rates in Beverly Hills reached $5.77 psf/mo, posting the highest rates across the region. Downtown Los Angeles lost a historical and iconic tenant, the Los Angeles Times, as it relocated its offices to El Segundo. After vacating the entirety of their space in July, vacancy in the Non-CBD increased an additional 2.9% from last quarter reaching an overall vacancy rate of 24.6% in third quarter Positive absorption of 331,004 square feet (sf) across the market led to overall vacancy decreasing in GLA by 20 bps from last quarter to 15.2%. 500, ,000-1,000, Net Absorption Asking Rent, $psf/mo Previous 5-Year Average = $2 $1 $0 Year-to-date leasing activity of 10.1 msf, a 7.1% year-over-year increase, was driven by a 169,320 sf and 131,703 sf lease in LA North and LA Central respectively. Anthem Blue Cross signed a 5-floor deal at the LNR Warner Center in Woodland Hills consolidating their footprint in the area. Honey, on online couponing service, made headlines by taking the entirety of newly renovated 4th & Traction in the Arts District establishing their new headquarter location. GLA has now posted positive absorption for five consecutive quarters. Strong positive absorption in LA Central, LA West, LA South and San Gabriel Valley increased year-to-date absorption to 1.3 msf, whereas negative net absorption in LA North and Tri-Cities kept the region from surpassing the 1.4 msf year-to-date absorption numbers this time last year. Strong leasing activity throughout the year should bode well as large move-ins for the fourth quarter are expected. The largest sales transaction this quarter was the sale of Santa Monica Business Park, as Boston Properties paid $627.5 million for the acquisition from Blackstone. In LA West the top psf price for office sales in GLA was Wells Fargo Bank located at 433 North Camden Drive in Beverly Hills was bought by Standpoint Capital for about $193 million ($1,060 psf) from Camden Properties. However, the quarter s largest single building sale by square feet was in Glendale where Goldman Sachs & Company purchased the 505 North Brand Building for $93.5 million or $290 psf. cushmanwakefield.com I 1
2 $2.65 $2.59 $2.87 $2.87 $2.99 $3.04 $3.43 $3.61 $3.94 $4.29 $4.60 $4.65 $2.99 $3.18 $3.22 $3.38 $3.53 $3.53 The CBD overall vacancy rate of 20.2% in third quarter 2018 has decreased year-over-year by 140 basis points (bps). Third quarter leasing activity of 276,924 square feet (sf) and number of leases signed is down from last quarter, but is on par with the first quarter. One of the largest deals is a new tenant to the market. PK Market, a high-end South Korean grocer, has leased three full floors at 712 South Olive with plans to open both a grocery store, food hall concept and offices for a total of about 51,000 sf. Downtown gained another large tenant from the Westside. BDO USA, a global accounting firm, is relocating from Century City to 515 South Flower, occupying 27,280 sf in Leasing activity within the CBD continues to be supported by inner market moves and renewals. The Chicago School of Psychology is relocating from 617 West 7th Street to Aon Center where they plan to occupy 37,515 sf. Ednovate, a college preparatory public charter school by USC, has opted to renew their 38,808 sf space at the Los Angeles Trade Center. Positive net absorption of 45,405 sf brings the yearto-date total to 404,190 sf. Steady market fundamentals poise the CBD for a strong finish to the year. CENTRAL BUSINESS DISTRICT LOS ANGELES WEST $ Rent growth, occupancy gains, and healthy leasing illustrated a solid third quarter Class A product, currently commands an average asking rental rate of $4.82 psf/mo. This is a historical peak and represents an increase of 4.3% year-over-year. LA West continues to attract start-up tech companies, many of which want the ability to scale up or trim down quickly. Co-working giants have been responding as Spaces and WeWork took down two additional large blocks in third quarter, signing sizable deals of 66,300 sf and 52,340 sf respectively. Spaces has three locations in LA West, while WeWork has ten expanding its footprint to over 534,000 sf in this market. Robust leasing by co-working and TAMI companies brought the year-to-date total to a healthy 2.7 msf. This activity is driving growth with six consecutive quarters of positive net absorption. Third quarter overall gains of 161,096 sf brings the year-to-date overall net absorption to 822,700 sf. This has immensely surpassed the 261,116 sf posted the entire year of A new office delivery in Beverly Hills prevented a larger drop in the overall vacancy, only decreasing by 10 bps over the quarter to 12.. TRI-CITIES Leasing activity tapered to 239,126 sf in the third quarter, but year-to-date 1 remains 18.2% higher than a year ago with 871,696 sf. The largest lease was for two floors at 3333 Empire Ave with Fox subleasing 75,100 sf. At 611 Brand, 94,657 sf of space was brought back to the market, formerly Disney occupied space. This contributed to the negative -140,274 sf of direct net absorption posted for the quarter, while overall net absorption year-to-date is now at negative -278,879 sf. Overall vacancy declined 10 bps to 14.1%, whereas direct vacancy increased to 11.7%, a 40 bps increase from last quarter. The largest single move-in was Cigna Healthcare of CA occupying space at 3900 W Alameda for 61,665 sf and Children's Hospital of LA at 800 Brand for 25,384 sf on the 10 th floor, offsetting key move-outs. Overall asking rates rose slightly by $0.03 to $3.04 psf/mo and is up $0.09 or 3.1% from a year ago where it was at $2.95 psf/mo. 1 cushmanwakefield.com I 2
3 $2.02 $2.13 $2.17 $2.29 $2.48 $2.80 $2.13 $2.21 $2.26 $2.40 $2.46 $2.49 $1.99 $2.05 $2.14 $2.15 $2.27 San Gabriel Valley (SGV) leasing activity posted the lowest of the year, but yearto-date leasing activity of 634,065 sf is just shy of the entirety of last year s 642,244 sf. The largest lease of the quarter was signed at 955 Overland Court, with the County of LA taking 33,804 sf. Overall vacancy is down 130 bps from the previous quarter to 13., in large part due to the 98,505 sf occupancy of QTC-Leidos at 924 Overland Court. Rounding out occupancy gains for the quarter was the movein by Tetra Tech for 19,655 sf at East Copley Drive. SGV overall absorption closed the quarter strong with positive 144,074 sf, taking the year-to-date figure to 189,241 sf. Overall asking rates rose $0.13 or 6.1% year-over-year to $2.27 psf/mo. Alhambra/Monterey Park realized the largest rent growth during the same time period by $0.17 or 8.1% to $2.28 psf/mo and holds the highest Class A rental rate in the market at $2.75 psf/mo. The close of the third quarter illustrates SGV market fundamental growth at an upward pace. The decline in vacancy and stable rent growth contribute to the health of the SGV market, this trajectory will continue into the fourth quarter as large tenants are expected to occupy more space. SAN GABRIEL VALLEY LOS ANGELES NORTH Average asking rental rates rose slightly by 1.6% year-over-year to $2.49 psf/mo. Strongest rent growth occurred in Simi/Conejo Valley increasing by 2.4%, yet Central Valley still continues to command the highest average at $2.58 psf/mo. Sherman Oaks is the most expensive submarket with an average rate of $2.80 psf/mo, 11.1% higher than the overall market average. The overall vacancy rate of % is up 210 bps from this time last year as available space increased for all submarkets. However, the market broke its three-quarter long streak of occupancy losses. Several large tenants from different industries brought third quarter overall net absorption to 94,640 sf. Anthem Blue Cross signed the largest deal of the quarter for 169,320 sf, relocating to Burbank Boulevard known as Campus Warner Center. The health insurance giant will be relocating from Oxnard Street in Woodland Hills where they occupy the entire building. This deal pushed new leasing activity to 1.7 msf year-to-date, slightly outpacing the amount recorded this time last year. With very few office developments set to deliver, occupancy growth is expected, which will lead to more robust rent growth in Totaling 1.8 msf through third quarter, South Bay s leasing activity has already surpassed 2007 s year-total by 10.2% and 2018 is on track to have the highest leasing total since Although there was a slight uptick in vacancy this year, the overall vacancy dropped to 16.8% at the end of the third quarter, 20 bps lower than second quarter 2018 s rate. Continued job growth in office-using sectors, especially those in fields related to technology, media, and entertainment has kept demand healthy. El Segundo has emerged as a top choice for these companies, strongly correlated by the data. Since year-end 2013, this submarket has absorbed 1.1 msf of space with its overall vacancy rate decreasing by 340 bps during this time period. With strong tenant demand, there has been significant upward pressure on rents. In the last year, South Bay s average overall rental rate of $2.80 psf/mo has increased by 15.2%. All markets posted rent growth with LAX/Century Blvd posting the highest year-over-year growth at 11.2%, followed by El Segundo submarket with 9.. Rents in the El Segundo submarket have spiked from $3.19 psf/mo FSG at the end of first quarter 2017 to $3.69 psf, a 15.7% increase in just 18 months. The South Bay office market is clearly on an upward trajectory. LOS ANGELES SOUTH cushmanwakefield.com I 3
4 SUBMARKET INVENTORY SUBLET VACANT DIRECT VACANT VACANCY RATE CURRENT QTR NET ABSORPTION YTD NET ABSORPTION YTD LEASING ACTIVITY UNDER CONSTRUCTION AVERAGE ASKING RENT (ALL CLASSES)* AVERAGE ASKING RENT (CLASS A)* Los Angeles Downtown CBD 27,574, ,423 5,361, % 45, ,190 1,127,905 0 $3.53 $3.61 Los Angeles Downtown (Non-CBD) 8,745,597 15,042 2,138, % -196, , , ,311 $3.74 $4.42 Mid-Wilshire 11,714,043 22,309 1,715, % 21, , , ,581 $2.67 $2.78 Los Angeles West 53,128, ,164 6,063, , ,700 2,739, ,749 $4.65 $4.76 Los Angeles North 31,571, ,998 3,959, % 94, ,163 1,712, ,334 $2.49 $2.58 Los Angeles South 30,987, ,629 4,851, % 115, ,155 1,836,437 0 $2.80 $3.07 Tri-Cities 24,268, ,035 2,831, % -54, , , ,267 $3.04 $3.11 San Gabriel Valley 12,505,743 32,034 1,658, , , ,065 0 $2.27 $2.47 GREATER LOS ANGELES TOTALS 200,496,056 2,008,070 28,579, % 331,004 1,261,933 10,049,361 1,996,242 $3.35 $3.61 *Rental rates reflect gross asking $psf/mo Key Lease Transactions Q Burbank Blvd Building E / LNR Warner Center 169,320 Anthem Blue Cross New Lease LA North / Warner Center 963 East 4th Street / 4th & Traction 131,703 Honey New Lease LA Central / Arts District 222 North Pacific Coast Hwy / Pacific Corporate Towers - C 97,590 WeWork New Lease LA South / El Segundo/Beach Cities 1111 South Broadway / The Herald Examiner Building 82,200 Arizona State University New Lease LA Central / South Park 3333 W Empire Avenue / Media Studios North 75,119 Fox Sublease Tri-Cities / Burbank 200 North Pacific Coast Hwy / Pacific Corporate Towers - B 74,198 Chevron USA Renewal* LA South / LAX/El Segundo 5999 Center Drive / Univision Television 66,300 Spaces New Lease LA West / Culver City 400 North Brand Boulevard 61,665 CIGNA Healthcare of California New Lease Tri-Cities / Glendale 2425 Colorado Avenue / Colorado Center - Bldg B 58,403 Bird Rides New Lease LA West / Santa Monica 2834 Colorado Avenue / Santa Monica Gateway - Shift 57,000 Goop New Lease LA West / Santa Monica *Renewals not included in leasing statistics Key Sales Transactions Q Ocean Park Boulevard / Santa Monica Business Park 505 North Brand Boulevard / 505 North Brand Building 311,143 1,188,577 Blackstone / Boston Properties $627,500,000 / $528 LA West / Santa Monica Principal Real Estate Investors / Goldman, Sachs & Company $93,500,000 / $301 Tri-Cities / Glendale 180 East Ocean Boulevard / The 180 Building 199,156 Salvation Army / Thrifty Oil $35,850,000 / $180 LA South / Long Beach 433 N. Camden Drive / Wells Fargo Bank 182,300 Camden Properties / Starpoint Capital $193,000,000 / $1,059 LA West / Beverly Hills 1411 West 190th Street / South Bay Corporate Center 173,854 Sares Regis / Redstone LLC $32,075,000 / $184 LA South / Torrance Ventura Boulevard / Carlton Plaza 152,000 Bantry Holdings / Peregrine Realty Partners $34,400,000 / $226 LA North / Woodland Hills 1640 S. Sepulveda Boulevard / Westwood Terrace 135,943 Westbrook Partners / Ocean West Capital Partners $92,500,000 / $680 LA West / Westwood 2030 Maple Avenue / Insite 101,874 Steelwave / Atlas Capital Group $39,000,000 / $384 LA South / LAX/El Segundo 425 West Broadway 71,589 The Blackstone Group / Sharp Capital $19,750,000 / $276 Tri-Cities / Glendale 3201 Temple Avenue / University Tech Center 43,022 LNR Partners / David & Zaslow $6,852,000 / $163 San Gabriel Valley / Pomona cushmanwakefield.com I 4
5 Explanation of Terms Total Inventory: The total amount of office space (in buildings of a predetermined size by market) that can be rented by a third party. Overall Vacancy Rate: The amount of unoccupied space (new, relet, and sublet) expressed as a percentage of total inventory. Direct Vacancy Rate: The amount of unoccupied space available directly through the landlord (excludes sublease space). Absorption: The net change in occupied space between two points in time. (Total occupied space in the present quarter minus total occupied space from the previous quarter, quoted on a net, not gross, basis.) Leasing Activity: The sum of all leases over a period of time. This includes pre-leasing activity as well as expansions. It does not include renewals. Under Construction: Industrial and office square footage that are being built and have not received certificates of occupancy (C of O). Projects which are beyond site preparation (concrete slab poured and construction is actively progressing). For C&W statistical purposes, these buildings will not be complete by the last day of the reporting quarter. Under renovation: Office and industrial buildings that are undergoing renovation, rehabilitation or conversion and require a certificate of occupancy to be habitable. Overall Weighted Asking Rents: Gross average asking rents weighted by the amount of available direct and sublease space in Class A, B and C properties. Class A Asking Rents: Gross average asking rents weighted by the amount of available Class A direct and sublease space. Cushman & Wakefield 900 Wilshire Blvd, 24 th Floor Los Angeles, CA cushmanwakefield.com For more information, contact: Eric Kenas, Market Director, Research Tel: eric.kenas@cushwake.com Vincent Chang, Assoc. Market Director Tel: vincent.chang@cushwake.com About Cushman & Wakefield Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit or on Twitter Cushman & Wakefield. All rights reserved. The information contained within this report is gathered from multiple sources believed to be reliable. The information may contain errors or omissions and is presented without any warranty or representations as to its accuracy. cushmanwakefield.com I 5
12-Month Forecast. 12-Month Forecast
LOS ANGELES OFFICE Q4 17 Q4 18 Los Angeles Employment 4.47M 4.52M Los Angeles Unemployment 4. 4.7% U.S. Unemployment 4.1% 3.7% *Q4 18 data represents November Q4 17 Q4 18 Vacancy 15.1% 14. YTD Net Absorption
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 informationLOS ANGELES OFFICE 4-QTR TRAILING AVERAGE. cushmanwakefield.com I 1
LOS ANGELES OFFICE Q2 17 Q2 18 Los Angeles Employment 4,426k 4,478k Los Angeles Unemployment 4.8% 4.4% U.S. Unemployment 4.3% 3.8% *Average of first two months of Q2 2018 Q2 17 Q2 18 Vacancy 14. 15.4%
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 informationLOS ANGELES OFFICE 4-QTR TRAILING AVERAGE. cushmanwakefield.com I 1
LOS ANGELES OFFICE Q1 17 Q1 18 Los Angeles Employment 4.41M 4.47M Los Angeles Unemployment 4.9% 4. U.S. Unemployment 4.7% 4.1% *Average of first two months of Q1 2018 12-Month Forecast The U.S. economy
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 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 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 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 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
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 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 informationIndianapolis MARKETBEAT. Office Q Economy. Market Overview INDIANAPOLIS OFFICE
INDIANAPOLIS OFFICE Economic Indicators Market Indicators (Direct, All Classes) Direct Net Absorption/Direct Asking Rent 4-QTR TRAILING AVERAGE Direct Vacancy Q3 17 Q3 18 MSA Employment 1.05M 1.07M MSA
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
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 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 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 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 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 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 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 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 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 informationIndianapolis MARKETBEAT. Office Q Economy. Market Overview INDIANAPOLIS OFFICE
INDIANAPOLIS OFFICE Economic Indicators Q2 17 Q2 18 MSA Employment 1.1M 1.1M MSA Unemployment 3.3% 3.0% U.S. Unemployment 4.3% 3. Market Indicators (Direct, All Classes) Q2 17 Q2 18 Total Market Vacancy
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 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 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 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 informationMARKETBEAT Columbus. Office Q1 2018
COLUMBUS OFFICE Economic Indicators Q1 17 Q1 18 Unemployment 4.1% 3.8% Ohio Unemployment 5.1% 4.6% U.S. Unemployment 4.7% 4.1% Market Indicators (Overall, All Classes) Q1 17 Q1 18 Overall Vacancy 12.2%
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 informationMARKETBEAT MARKETBEAT. Industrial Q4 2016
LOS ANGELES COUNTY Economic Indicators Los Angeles Employment 4.49M 4.52M Los Angeles Unemployment 4.7% 4.6% U.S. Unemployment 4.1% 3.8% *1Q data is for February Market Indicators (Overall, All Property
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 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 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 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>> 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 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 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 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 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 informationMarket Report Q ///////// Orange County Industrial. ///////////////L o s A n g e l e s /////////////
///////////////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 informationColumbus MARKETBEAT. Office Q2 2017
COLUMBUS OFFICE Economic Indicators Market Indicators Q2 16 Q2 17 Unemployment 4.0% 3.9% Ohio Unemployment 5.0% 5.0% U.S. Unemployment 4.9% 4.4% Q2 16 Q2 17 Overall Vacancy 13.3% 13.4% 212K -80K Construction
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 informationMARKETBEAT Columbus. Office Q4 2018
COLUMBUS OFFICE Economic Indicators Q4 17 Q4 18 Unemployment 4.0% 4.0% Ohio Unemployment 4.9% 4.6% U.S. Unemployment 4.1% 3.7% Market Indicators (Overall, All Classes) Q4 17 Q4 18 Overall Vacancy 14.3%
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 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 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 informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
INLAND EMPIRE INDUSTRIAL FOURTH QUARTER 217 QUICK STATS Direct Vacancy 5.1% Overall Vacancy 5.3% Lease Rate NNN $.57 Gross Absorption Under Construction MARKET TRENDS Current Quarter 9,23,744 SF 16,31,563
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 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 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 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 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>> 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 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 informationMarket Report Q ///////// Los Angeles Industrial. ///////////////L o s A n g e l e s /////////////
///////////////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 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 informationMarket Report Q ///////// Los Angeles Industrial. ///////////////L o s A n g e l e s /////////////
///////////////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 informationMarket Report Q ///////// Inland Empire Industrial. ///////////////L o s A n g e l e s /////////////
///////////////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 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 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>> 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>> 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 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 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 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>> 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>> 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 informationMARKET REPORT. Manhattan Office Sector Continues Recovery as Downtown Breaks Record MANHATTAN SNAPSHOT 4.2% 0.8PP 1.98MM SF MANHATTAN OFFICE
3Q 2014 OFFICE MANHATTAN OFFICE MARKET REPORT MANHATTAN Leasing ACTIVITY Availability RATE ABSORPTION 4.2% 0.8PP Asking RENTS 2.3% Note: Compared to 2Q 2014 Statistics 1.98MM SF Manhattan Office Sector
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 informationCaution: Vacancy Increases Ahead
MARKET REPORT DISTRICT OF COLUMBIA OFFICE Fourth Quarter 2016 Caution: Vacancy Increases Ahead Market Indicators Q4 2016 2017 (Projected) NET Despite year-to-date negative absorption, the Washington, DC
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>> 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 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>> 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>> 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 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 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 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 informationMAR KET GLANCE SAN DIEGO OFFICE MARKET REPORT PROPERTY SERVICES DEVELOPMENT INVESTMENT FOURTH QUARTER 2015 PROPERTY SERVICES DEVELOPMENT INVESTMENT
AT A SAN DIEGO OFFICE MARKET REPORT FOURTH QUARTER 215 AT A NEW SUPPLY PUSHES VACANCY RATES HIGHER San Diego s regional economy has been buzzing and added a net total of 37,8 jobs in the 12 months ending
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 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 informationGreater Toronto Area, ON
Greater Toronto Area, ON Office Q1 218 GREATER TORONTO AREA OFFICE Economic Indicators Q1 17 Q1 18 GTA Employment 3.2 mil 3.4 mil GTA Unemployment 7.1% 5.8% Canada Unemployment 6.7% 5.8% Source: Statistics
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 informationVacancy Inches Higher, Despite Continued Absorption
Research & Forecast Report GREATER PHOENIX OFFICE 1Q 2017 Vacancy Inches Higher, Despite Continued Absorption Key Takeaways > > Improving conditions in the Greater Phoenix office market took a pause in
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 informationSummary. Houston. Dallas. The Take Away
Page Summary The Take Away The first quarter of 2017 was marked by continued optimism through multiple Texas metros as job growth remained positive and any negatives associated with declining oil prices
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 informationLeasing cools, but deal flow consistent
MARKETVIEW Downtown Manhattan Office, Q3 216 Leasing cools, but deal flow consistent Leasing Activity.85 MSF Net Absorption (.12) MSF Availability Rate 11.7 Vacancy Rate 9.3 Average Asking Rent $57.5 PSF
More informationHas The Office Market Reached A Peak? Vacancy. Rental Rate. Net Absorption. Construction. *Projected $3.65 $3.50 $3.35 $3.20 $3.05 $2.90 $2.
Research & Forecast Report OAKLAND METROPOLITAN AREA OFFICE Q1 Has The Office Market Reached A Peak? > > Vacancy remained low at 5. > > Net Absorption was positive 8,399 in the first quarter > > Gross
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 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 informationKEY TOWER SALE highlights start of 2017
KEY TOWER SALE highlights start of 2017 Demand for office space in the Greater Cleveland office market remained strong as 2016 wound down and transitioned into the first quarter of 2017. After netting
More informationBoston starts the year slowly, but has plenty in store
Boston Downtown Office, Q1 2017 Boston starts the year slowly, but has plenty in store Vacancy 8.6% Availability 13.9% Quarterly Absorption (67,890) SF Sublease 1.3% Under Construction 1.8 MSF Figure 1:
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 informationCHICAGO CBD OFFICE INVESTMENT PROPERTIES GROUP
CHICAGO CBD OFFICE INVESTMENT PROPERTIES GROUP SECOND QUARTER NEWSLETTER 216 HOT TOPICS Capital markets remain a focus with 14 assets either under contract or sold totaling $2.6 billion, which includes
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 informationSpeculative construction and record breaking investment sales lead the way in Q2 2015
MARKETVIEW Boston Downtown Office, Q2 2015 Speculative construction and record breaking investment sales lead the way in Q2 2015 Vacancy 7.5% Availability 13.9% Absorption 424,525 SF Sublease 0.75% Under
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