March 15, 2018
Will Commercial Real Estate Values Fall in 2018?
I recently ran across an article in Forbes magazine (see article here) on real estate market and they asked whether…
Tag: Forecast
October 5, 2017
Cushman & Wakefield’s U.S. Macro Forecast
Trying to save money for your company? If you make intelligent real estate decisions you will save time and money.…
May 17, 2016
Healthy Economy Requires Updated Real Estate Strategy
Cushman & Wakefield published the U.S. Macro Forecast this month with promising news. Many key factors in the overall health…
January 15, 2014
2014 Reasons to be Optimistic in 2014
For many of us, 2013 ended up closing with less than stellar results. Will 2014 be a better year? We share our perspective on why 2014 may be a better year for the commercial real estate market.
June 14, 2013
The Search for Yield…
Currently I have been working on several purchase requirements and as I read a recent article from our Research Director I found it very relevant. In the article, Garrick Brown discusses some of what is happening in the investment markets. I would agree that investors are both looking for yield but they are also still very adverse to risk. This is still creating a lot of demand for core assets. If you are willing to take risk then you’ll look outside of the core to increase your yield but if you are not willing to take risk then it can be difficult to achieve an acceptable return. For a good read on some current trends in the investment market, read the enclosed article on Searching for Yield…
March 26, 2013
Current Trends in Office Space
Companies expect more from open-plan offices – more teamwork, productivity, and satisfaction. Do they get it? Read more in my post on the trends of moving toward and open-plan and shared spaces and how it mimics what corporations are doing with their office space. Is it a trend or the new standard, see what is involved in that decision…
January 25, 2013
Q4 2012 Office Market Posts The Stongest Quarter in Five Years
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
Fiscal Cliff Impact Scenarios for Commercial Real Estate
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
US Economic & CRE Outlook Webcast: A Big Fat Pause in the Recovery
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.
June 26, 2011
Mid Year Economic Forecast
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.