Sticker Shock Awaits Warehouse Tenants During Lease Renewals
Warehouse occupiers will face double-digit rent increases in the coming months and well into 2022 for renewing their leases or moving to new space, according […]
Commercial
Tech Companies Fueling Demand for Office Space
Office leasing activity by tech companies increased by 122 percent on average in the second and third quarters from the first quarter, according to a […]
Buildings Account for 38 Percent of Greenhouse Emissions Says UN Agency
Buildings contribute 38% of worldwide greenhouse emissions, according to a report by the United Nations Environment Programme (UNEP). Nearly one-third (28%) of emissions are the results […]
Report: The U.S. Needs 300 Million Square Feet of New Distribution Space by 2025
According to a new report from CBRE, global online sales are expected to increase by $1.5 trillion over the next five years, requiring an additional […]
E-Commerce Growth Driving Demand for Added Warehouse Space Says CBRE
The U.S. will need to add 330 million square feet of warehouse space dedicated to online distribution sales by 2025 in order to keep pace […]
IMF Warns of CRE Risks
The International Monetary Fund (IMF) issued a report warning of the risks associated with commercial real estate assets in light of the global COVID-19 pandemic. […]
WeWork Reduces Rents Amid Ongoing Pandemic
New York-based flex-office provider WeWork has reduced rents at many of its properties amid the prolonged COVID-19 pandemic, according to an analysis by Bloomberg News. […]
Commercial and Multifamily Mortgage Delinquencies Continue to Rise
Delinquency rates for mortgages backed by commercial and multifamily properties increased for the second month in a row in December 2020, according the Mortgage Bankers […]
Commercial Real Estate Loans Decline 34 Percent in 2020
Commercial and multifamily mortgage bankers are expected to close $395 billion of loans backed by income-producing properties in 2020, a 34 percent decline from 2019’s […]
Three Real Estate Initiatives on the California Ballot in 2020
In addition to the presidential, congressional and local elections this year, California voters will decide the fate of twelve state propositions, including three directly related […]