According to a new report from
commercial real estate services firm JLL, global volume of hotel transactions will rise this year to $ 68 billion, from $ 60 billion in 2014, based on such trends as strong demand, increased liquidity in the debt markets, a high level of single - asset trades and more activity in secondary markets.
- ft. market, currently have a vacancy of 12.4 percent, much lower than the 15.1 percent vacancy rate for the city's class - A market, according to a recent report
from commercial real estate services firm Transwestern.
«It's a little bit down the road in terms of the mainstream, but it's going to make for a big shift in the construction industry,» says Geoffrey Kasselman, sior, executive managing director
at commercial real estate services firm Newmark Grubb Knight Frank's Chicago office.
Cushman & Wakefield is among the
largest commercial real estate services firms with revenue of $ 5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory.
The local economy, while still shaking off the effects of the collapse in oil prices, is reflecting signs of a turnaround, according to a report by
commercial real estate services firm Cushman & Wakefield, which represented BlackRock in the transaction with Hines.
For example, Nick Wigoda, senior vice president in the Miami office
of commercial real estate services firm JLL, says many new institutional buyers and national tenants have been pushing into the region.
«One of our large corporate clients just went to an open - plan office and was able to decrease its square footage by 20 percent, even though the common - area seating increased by 200 percent,» says Richard Bernstein, executive vice chairman and principal of
commercial real estate services firm Cassidy Turley.
Last year was probably the peak for the growth surge in the space, and demand from tenants and building investors may temper in the next 10 months, according to Craig Meyer, president of industrial brokerage and capital markets
for commercial real estate services firm JLL Americas.
Global commercial real estate services firm Cushman & Wakefield will add two senior appraisers to its Valuation & Advisory (V&A) teams in Denver and Atlanta, augmenting its industry - leading presence in the U.S. and further cementing its position as one of the largest global hospitality practices, the firm announced today.
Allison Porter, vice president of sustainability services for
commercial real estate services firm DTZ, says tenants will now have the same kind of opportunities as Energy Star provides for owners to turn data into a basis for action.
In the past, the fact that
many commercial real estate services firms were family - run organizations, coupled with a dearth of formal programs for real estate education at university level, made the industry unattractive to outsiders.
With interest rates poised to rise, NREI recently talked with Richard Barkham, Ph.D., executive director and global chief economist at
commercial real estate services firm CBRE to discuss what lies ahead for the U.S...
«It is certainly a favorable environment for multifamily investors to secure attractive capital for an acquisition or a refinance,» says Hagan Dick, vice president with
commercial real estate services firm Colliers International.
Commercial real estate services firm Transwestern recently released a study that claims crane - served industrial buildings are at 10 percent vacancy or less as the economy has picked up and the automotive industry is seeing record vehicle sales.
Per a fourth quarter 2016 report by
commercial real estate services firm Newmark Grubb Knight Frank, at $ 33.61 per square - foot, the average asking rent for Class A space in the Route 24 Corridor exceeded the average in Northern New Jersey.
«There is trepidation that the recent economic cycle is becoming rather long,» so with owners looking to capitalize at the peak of the cycle, 1760 Market St., 200 Market St. and 907 Market St. in the CBD were also listed for sale last year, as noted in a report by
commercial real estate services firm Savills Studley.
Sales cannibalization from e-commerce operations is not an issue with off - price retailers, according to Steven Gartner, managing director, retail, for the greater Philadelphia region
with commercial real estate services firm CBRE.
For example, publicly traded banks are ratcheting back their construction bucket in energy markets such as Texas just to show Wall Street that they are taking a more conservative view, says Jeff Zickefoose, an executive vice president at
commercial real estate services firm JLL in Dallas.
As of the fourth quarter, cap rates for the single - tenant net lease retail sector reached a new historic low rate of 6.07 percent, according to The Boulder Group, a net
lease commercial real estate services firm.
Bob Bach, director of research for the Americas with
commercial real estate services firm NGKF, said in a recent report that although growth declined in the first half of 2016, it remains strong enough to take up some of the remaining slack in the labor force and absorb new entrants.
Commercial real estate services firm NAI Hiffman reports that today spec construction makes up about half of all the development in the regional Chicago and Southern Wisconsin markets, about seven million sq. ft., and institutional partnerships are a large part of the growth.
According to a study
by commercial real estate services firm Colliers released earlier this week, even though there was 61 million sq. ft. of big - box industrial space delivered nationally in 2015, the year ended with occupancy at about 93.0 percent, with net absorption making up for almost all the new space.