U.S. Office Market Remained Strong in Q3 Says Cushman and Wakefield
Demand for US office space continued to be strong in Q3 of 2018 with stable leasing volumes, rising asking rents, and solid absorption, according to […]
Retail & Office Space
Vacancy Rates at U.S. Malls Reach a 7-Year High
Vacancy rates in enclosed regional malls jumped to 9.1% in Q3 2018, the highest rate since Q4 2011, according to real estate research firm Reis […]
JLL Acquires Canadian Retail Advisory Firm
Northwest Atlantic, Canada’s leading retail tenant advisory firm, has been been fully acquired by Chicago-based JLL, according to Chicago Business. The Toronto-based firm, which represents […]
Newmark Group Acquires RFK Retail Holdings
Newmark Group announced that it has agreed to acquire RKF Retail Holdings and subsidiaries which make up the RKF brand, according to the PR News […]
CBRE Wins Bid to Manage a 720K Square Foot Complex in Downtown Los Angeles
CBRE beat out rivals JLL and Lincoln Property Company to manage 720,000 at the mix-use development known as the Bloc in downtown Los Angeles, reported […]
Facebook Leases 1 Million Square Feet in Sunnyvale
Social media giant Facebook has leased more than 1 million square feet in Sunnyvale, reported the San Jose Mercury News. The deal was arranged through a […]
More CRE Executives Plan to Switch to Unassigned Seating
More than half of corporate execs say they plan to switch to unassigned worker seating for all or some of their employees during the next three years, […]
Real Estate Startup SquareFoot Raises $7 million to Help with Growth Plans
Commercial real estate technology startup SquareFoot announced that it successfully raised $7 million in a series A round of financing to accelerate expansion within New York City, […]
WeWork Entices Brokers from CBRE, JLL and Cushman with Bigger Commissions
WeWork, a $20 billion co-working startup, signed agreements with CBRE, Cushman & Wakefield and JLL in North America, giving their brokers a 20 percent fee […]
Cushman: Retail Carnage to Get Worse with 12,000 Store Closures in 2018
Cushman & Wakefield predicts 12,000 stores will close in 2018, up from 9,000 last year, Business Insider reported. Another 25 major retailers could file for bankruptcy this […]