Category: Cassidy Turley News

March 3, 2015 Off

2015 U.S. and N. California Forecast

By Chris

DTZ hosted our annual State of Real Estate event in San Francisco again this year. Chief Economist, Kevin Thorpe, shared his research, data and forecast for 2015 both nationally and for Northern California.

January 7, 2015 Off

Cassidy Turley is now DTZ!

By Chris

Throughout the end of last year, change has been in the works here at Cassidy Turley. In November 2014, we were purchased by a private equity firm who also acquired an internationally known tenant representation firm DTZ. With the merging of our two companies under the new private equity ownership, we will now be the third largest commercial real estate company in the world taking the name DTZ as our own. As an Intelligent Tenant, this will positively impact you…

April 6, 2013 Off

Job Growth is the #1 Driver of Commercial Real Estate

By Chris

Job growth is the number one drive of Commercial Real Estate. For the last two months, we’ve been sending out updates on what the U.S. employment market looks like. In March, we gave a more detailed report while April gave a different perspective on where that growth was happening. We found it interesting to see which markets are producing new jobs.

January 25, 2013 Off

Q4 2012 Office Market Posts The Stongest Quarter in Five Years

By Chris

Demand for office space surged in the fourth quarter of 2012 posting the strongest quarter of demand for office space since pre-recession 2007. The job numbers have been healthy for quite some time but it wasn’t till the fourth quarter did we see the demand play out. Given the fiscal cliff scenario, the fear of a relapse into recession may be behind us. Asking rents rose 1% when compared to Q4 2011. While this is still a tenant’s market, vacancy is eroding. We estimate that we still need to decrease another 200 bsp before landlords can really push rents. The national rent growth is being pushed by a hand full of West Coast, tech-driven markets as well as the New York City market. Furthermore, we are seing companies functioning on less space per employee. That number has declined from 225sf to 176sf per person in 2012. We estimate that this could fall to as little as 151sf per person by 2017.

December 18, 2012 Off

Fiscal Cliff Impact Scenarios for Commercial Real Estate

By Chris

On Friday December 14th, Cassidy Turley released research examining the impending “fiscal cliff’s” impact on commercial real estate markets across the country. In this post, the fiscal cliff is defined and several scenarios are discussed. We also take our market research platform and discuss the impact to 30 different markets across the country. You can download the report by following the link or you can read the summary in this post. As always, let me know if you have any questions or comments.

September 6, 2012 Off

US Economic & CRE Outlook Webcast: A Big Fat Pause in the Recovery

By Chris

Cassidy Turley’s Chief Economist Kevin Thorpe recently spoke on a company webcast. Mr. Thorpe covered Cassidy Turley’s perspective on the U.S. Economic & CRE Outlook. The presentation was titled, “A Big Fat Pause in the Recovery.” In this post, I summarize what was covered and provide a link for you to listen to the presentation.

September 14, 2011 Off

LEED-CI: Making Green or Just Spending It?

By Chris

Productivity – It’s our buzz word these days. Everyone is doing more with less. Green thinking is popular, but does it fit into business reality? Read on to learn how you can make environmental decisions with your physical space that actually improve your company’s performance … your brand, your people and your facilities.

June 26, 2011 Off

Mid Year Economic Forecast

By Chris

In reviewing our mid year U.S. Macro Forecast Report, several factors stood out describing where we are in the economic recovery and what industry sector may provide significant contributions to our economic engine. This post will highlight the forecast including the effects of QE2, social media technology and the latest market data. Profitability and overall U.S. rents are covered as well. Look for more regarding driving industry sectors in my next blog post on venture capital.