Sentences with phrase «office space sector»

Not exact matches

Because energy and tech are globalized industries that aren't tethered as closely to the U.S. economy as many other sectors, they weren't hit as hard by the recession, and can afford to shell out more money for attractive office space, says Ryan Severino, senior economist at Reis.

In 2010, the brothers moved Groupe Atwill - Morin's headquarters from its cramped, pricey space in Montreal's Griffintown to an industrial sector of the Plateau Mont - Royal, where they built a new office with rooms to train masons.

Chelsea Market, like 111 Eighth, has been a front - runner in the evolution of the Chelsea neighborhood from an industrial zone to an area known for inexpensive space for food producers, restaurants and office tenants, and now as a tech - sector hub.

In a snapshot of recent tech - sector activity, those companies have leased or renewed leases for 21 million square feet of office space in the last 10 years alone.

The commercial sector consists of real estate used for business purposes; common types include retail and office space.

Investors in this sector also look at sales data for office buildings and retail developments and lease price trends for office and retail space.

Low vacancy rates in office spaces are important to the continuing success of both the cleaning and carpet cleaning sectors, as they depend on getting most of their business from offices and commercial buildings.

This consensus confines the space for political dialectics to a discussion on the capacity or incapacity of the ruling government to deliver or not what they all agree, which conveniently diverts attention from the politician to the bureaucrat and in due course will bring to yet another restructuring of the Home Office's immigration sector.

Las Colinas is adding 22 million square feet of office space and a convention center to accommodate its growing business sector.

Headquartered in Beijing and with offices in Amsterdam, Hong Kong, Tel Aviv, Qingdao, Chengdu, Shanghai and Shenzhen, the company is among the most recognizable organizations in the cryptocurrency space, and the parent of multiple sector - leading products and brands.

However, the sector also has tremendous long - term potential because of the growing demand for medical office space.

As the office market continues to eke out its recovery, the sector is still trying to dig out from under a sizable load of sublease space.

Continuing price escalation is the result of moderate construction and high investor interest in this sector, despite moderating demand for office space over the last few years due to changes in the workplace environment.

The U.S. employment gains continue to be strong, with unemployment dropping below 5.0 percent earlier this year, and adding to demand for housing in a variety of forms, for office space, for the retail sector and for industrial / distribution facilities.

Today, life sciences tenants face a dilemma — a lack of quality office and laboratory space, combined with outsized demand, is pushing rents higher in a sector already struggling with rising labor costs and a bottom line that is only as high as the last well - performing patent.

Key takeaways included: 1) The permanent shift towards experiential retail with a clear focus on experiencing a brand's culture and community, as well as testing and touching products before buying them; 2) the rise of shared office spaces stemming from new work habits which have created a market for office space which isn't owned by an employer, but that workers can rent or subscribe to as members; 3) the importance of predictive investment analytics has created greater access to data and data tools that can help practitioners track with and get ahead of markets trends; 4) the increasing need to focus on more responsible and effective land use as it becomes an increasingly precious commodity; 5) the rise of automation in the transportation industry which is driving a need for nimbler supply chains connecting scalable manufacturing spaces and warehouses in the industrial sector.

Though demand for office space continues to improve, industry experts say it's still too early to expect a surge in speculative construction in the sector.

Today, life sciences tenants face a dilemma — a lack of quality office and laboratory space, combined with outsized demand, is pushing rents higher in a sector already struggling with rising labor costs and a bottom line that is only as high...

Likewise, job growth supports demand for office space, encourages growth in travel and helps boost the hotel sector.

Noting that other office - using sectors, including legal services, accounting and insurance, also are somewhat dependent on the energy industry in the city, David Carter, principal and director of the Houston region with real estate services firm Colliers International, suggests that the Houston office market won't gain much traction until the energy industry begins adding both jobs and space.

Rosen reminded the attendees that office space accounts for only 30 % of the U.S real estate sector as a whole and that it's not a bellwether for all property types.

The commercial market is also seeing changes due to the growth of the sharing economy, as shared and virtual office spaces become bigger factors in the office sector; it will be interesting to see how developers and building owners respond to this new tenanting model.

A great example of this is Fortress Income Fund which is seen as a leader in this space after disposing most of its office portfolio and old industrial assets, to turn its focus on developing new high - tech warehouses aimed at the logistics sector.

Ten - X, in a recent report on the office sector, argues that despite the growth in employment in the country, demand remains «lackluster,» as technology and workstyle changes have cut the amount of office space needed per worker by a third.

Dallas: New space deliveries in the office sector (2.5 million square feet) have pushed vacancies to their highest levels since the 2001 downturn.

South Africa's commercial property sector and landlords of office spaces are likewise seeing a sharp increase of tenants needing to downsize on office area and, where possible, sub-let disused or non-essential spaces to reduce monthly overheads and assist with cash flow.

Their analysis concludes that 67 % of employees in the FIRE sector and 28 % of employees in the Service sector are office space users.

We see the impact of technological progress in the office sector, where space per worker has been declining for some time.

It was here that he found his expertise and interest in income producing properties, which include multifamily homes, shopping centers, warehouses, industrial spaces, office buildings and the hospitality sector.

- The high volatility of demand for office space due to unpredictable economic shocks that affect employment growth in service and financial sectors which determines large portion of additional demand for office space

According to CBRE, demand for office space in Tokyo remains stable across a wide range of sectors in 2017.

Capital and rental value increases across all sectors in first half of the year, while ITC prices start to rise on account of growing demand for freehold ownership and commercial office space faces severe shortages in short to medium term.

The report notes that best bets for investors for the coming years include a focus on all property sectors in the high - growth western energy markets, hold on central business district office space, develop infill condos near subways stops in Toronto, buy infill sites wherever you can and invest overseas.

Ottawa — Like Calgary, the Ottawa office market saw a rise in vacancy rate over the past 12 months from 5.60 per cent to 6.30 per cent and stable rents of $ 17.23 per sq. ft.. Yet the market is expected to remain solid thanks to the stabilizing presence of the federal government, although a slight increase in vacancies is expected to occur due primarily to new supply and some space - juggling before it is absorbed relatively quickly both by the private and public sectors.

In the second quarter 1995 survey, the barometer of space utilization shows a trend toward increasing usage in both office and distribution sectors, while retail, research and manufacturing figures indicate declining use.

National vacancy rates in the office sector are set to decrease to 12.1 percent, while those in the industrial space and retail sectors are set to decrease to 7.1 percent and 11.2 percent, in order.

Is office space a defunct real estate sector?

The global economic slowdown, which has driven down the price of oil and negatively impacted the Canadian energy sector, is expected to have a ripple effect on the demand for office space in Calgary, resulting in flat to negative growth in the near future.

While office and distribution show trends in favor of increasing, it is only the distribution and retail sectors that have move respondents predicting their companies will add space than those who say they will reduce.

The country boasts a strong office sector, with flexible - workspace leaders such as We Work and Regus leasing more than 100,000 square feet of office space in 2017, according to Colliers International.

This unorganized sector operates in perfect compliance with the growth of the corporate environment and demand for office spaces, apart from urban and semi-urban accommodations.

Also, the tech sector seeks nontraditional office space and why new - home costs keeping going up.

As in the office sector, an increase in available space isn't all negative.

With that, the flexible space / coworking sector has emerged as the primary growth driver within the office market.

The reasons for this lag in new buildings are threefold: a large amount of existing vacant space (over three million square feet); a slow recovery in employment in office space occupiers; and no new net growth in the public sector.