Economy, Tax Law Reshaping Office Sector

The new tax law and an increasingly competitive employment market are reshaping companies’ office needs–and the potential implications for investors are significant–said Marcus & Millichap, Calabasas, Calif.

Commercial Real Estate Deal Volume Slips

Commercial real estate transaction volume slipped 0.5 percent in the fourth quarter to $117.4 billion, said Real Capital Analytics, New York.

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Analysis: CRE Reaches ‘Late Stable’ Stage

The commercial real estate market has reached a “late stable” stage with some “moderate” signs of distress, reported RCLCO, Los Angeles.

Small-Cap CRE Leasing Activity Rebounds

Small-cap commercial real estate leasing activity rebounded “smartly” during the fourth quarter, though overall demand for the year came up short compared with 2016, reported Boxwood Means, Stamford, Conn.

Manhattan Transaction Volume Falls

Investment property sales dollar volume in core Manhattan fell 41 percent year-over-year to $23 billion in 2017–the lowest since 2010–reported Eastern Consolidated, New York.