Interest rates are on the rise again as the Federal Reserve raises the rate by a quarter-point and the money policy group believes rate bumps are needed to keep a strong economy humming along. The Fed Chairman Jerome Powell said, “Our economy is strong” and that “the overall growth outlook remains favorable.” Read the rest of the article here…
We recently came out with a report that compared 13 Cities across the US and reported on tenant trends. The trends observed were concessions (tenant improvements + free rent), parking, and office density. Please read on to see how these trends stack up.
Commercial real estate is tied to every segment of the economy. It’s one of the things that makes our business so dynamic and resilient. There is always demand from one sector or another. Today, every aspect of the economy is strong, driving growth in every one of our business lines.
Are you looking for ways to make your office space more efficient? Have you explored moving some of your workforce offsite so they can work remote? This is a trend that has been around for a while and it may or may not be the right thing for you to do. We cover this topic in this post, hope you enjoy the post.
We just released our new U.S. Economic and CRE Outlook. Did you know that we are now in the second longest recovery period and by next July (2019), we will be in the longest recovery every recorded? Nearly nine years into the current cycle, the U.S. economy is strong and all the signs say it’s getting stronger. The leading indicators that correlate well with the property markets are in excellent shape.
With the strong industrial market, the challenge is to figure out how to get more storage in our already densely built out markets.
The way to get more out of our industrial zones is to go up in our warehousing. Read the post to find out more about this interesting trend in industrial real estate.
We have seen a steady decline in cap rates over the last several years but that may be about to change. I recently read an article at Real Capital Analytics about cap rates and how they relate to the 10yr US Treasury. Click on this post to see what was said.
In the face of the tightest labor market in approximately 18 years, corporate occupiers are highly focused on talent acquisition and retention. Results of a recent research survey entitled What Occupiers Want, revealed that finding and keeping top talent is the number one challenge for global organizations. Corporate real estate is increasingly becoming a significant tool to attract high-quality talent. This alignment of real estate and business strategy is driving several critical trends, influenced by technology, that impact how space is designed and utilized. Click on this post to read about the five trends that we feel are shaping the current office market.