Commercial: Office rents soar to 10-year high (4/10/2015)
Jones Lang LaSalle: The rental price of U.S. office space climbed 3.1% in the first quarter of 2015 – its highest quarterly gain in a decade.
Apartment growth shifts to suburbs (3/17/2015)
Some multifamily developers see more opportunity in the suburbs for tenants who want lower rents, better schools and more trees.
NAR: Asians top U.S., Canada commercial investors (3/13/2015)
36% of U.S. commercial Realtors report an increase in international investment: 47% from Asia, 22.5% Europe, 21% Latin America and 20% Middle East.
Commercial to grow despite weaker global economy (2/19/2015)
NAR quarterly forecast: Weakness overseas could hinder commercial growth in the U.S., but more jobs and a stronger U.S. economy should more than offset problems.
U.S. office space demand highest since 2006 (1/9/2015)
DTZ report: U.S. businesses expanded into more office space in 2014 than they have in eight years, and rents increased in 70% of the country.
Congress adjourns without passing terrorism bill (12/18/2014)
A lone senator’s objection derailed passage, and commercial projects will lose coverage or face higher costs Jan. 1. The issue is not dead yet, however.
Apartment boom may put lid on rising rents (12/8/2014)
CoStar Group: Vacancy rates are starting to rise as builders ramp up apartment construction to meet demand. That could help limit rent increases in 2015.
NAR: Commercial real estate demand holds steady despite overseas concerns (11/25/2014)
NAR: Despite a slowing global economy, forward economic momentum in the U.S. should keep commercial activity progressing at a gradual pace heading into 2015.
Commercial market on road to recovery (11/10/2014)
Economists on a panel agreed that improvements in the U.S. economy would create a stronger commercial market next year. In 2014, we “turned a corner.”
Overseas volatility benefits commercial real estate (11/7/2014)
Colliers’ annual int’l investor report finds optimism for U.S. real estate, including “many metropolitan areas in Fla. that were hard hit during the recession.”
Fla. ranked No. 5 for best ‘business tax climate’ (10/30/2014)
The Tax Foundation says 45 U.S. states are worse for business than Fla. in a comparison of tax climates, while only four states are considered more competitive.
Warehouses: The commercial market’s hot sector (10/22/2014)
In the first nine months of 2013, developers purchased as much land for warehouse, industrial park and light industrial projects as they did in all of 2013.