CBRE: ‘Voracious’ Demand for E-Commerce Industrial Centers

Voracious global demand for e-commerce fulfillment and distribution centers fueled a 2.8 percent year-over-year increase in prime logistics rents globally–led by double-digit gains in U.S. coastal markets–reported CBRE, Los Angeles.

Moody’s: CRE Supply/Demand Remains Steady

Commercial property market supply/demand fundamentals held steady in late 2015 consistent with balanced construction and absorption, reported Moody’s Investors Service, New York.

M&M: Labor Market Could Boost Offices, Apartments

Though April did not add much to U.S. payrolls, the labor market remains in sound condition and could benefit offices and apartments, said Marcus & Millichap, Calabasas, Calif.

Offices Could See Stronger Demand

The office market slowed slightly in early 2016. But as financial markets stabilized later in the first quarter, office-using job growth accelerated, which could signal stronger tenant demand to come, analysts said.

Reis: 1Q Commercial Construction Contracts

Commercial real estate construction contracted slightly during the first quarter compared to the previous three quarters but remains healthy, reported Reis, New York.

CRE Executives Growing Cautious

After seven years of a strong bull market, some commercial real estate executives express caution about what lies ahead, reported law firm DLA Piper, New York.

Trepp: CMBS Delinquencies ‘Barely Budge’

The commercial mortgage-backed securities delinquency rate held steady in April, increasing just one basis point to 4.23 percent, reported Trepp, New York.