CBRE, Dallas, reported LEED-certified office buildings command a rent premium over their non-certified peers as the market endures the reverberations of the COVID-19 pandemic and remote work.
Tag: CBRE
CBRE: Record Low Data Center Vacancies Despite Increased Supply in H1 2022
The North American data center market added significant new supply this year, but overall vacancy declined to a record low, reported CBRE, Dallas.
Commercial and Multifamily People in the News Oct. 13, 2022
Personnel News from CBRE, JLL and Newmark.
CRE People in the News October 6, 2022
Personnel News from Fannie Mae, Enterprise Community Partners, Access Point Financial, CBRE Hotels.
Rising Labor, Land Costs Impacting Seniors Housing Development
Seniors housing development costs have risen sharply over the past two years, driven primarily by labor and land, said CBRE, Dallas.
Push to Modernize Spurs Industrial Construction
The advanced age of U.S. warehouses–43 years on average–is spurring record construction as big e-commerce and retail distributors demand larger, more modern facilities, reported CBRE, Dallas.
CRE People in the News Sept. 22, 2022
Personnel News from CBRE, JLL and Greystone.
Commercial/Multifamily Briefs from PNC Bank, Fannie Mae, CBRE
PNC Bank, N.A., Pittsburgh, closed a $181 million fund to develop and rehabilitate affordable rental housing for families and seniors. PNC said the fund will provide financing for nearly 1,800 affordable housing rental units at 17 multifamily properties across 13 states.
CBRE Raises Hotel Sector Outlook
CBRE, Dallas, raised its forecast for hotel performance based on second-quarter gains and its expectation for slightly positive GDP growth next year.
CRE Briefs, September 8, 2022
News in brief from Northmarq, CBRE, Zumper and Partner Engineering and Science, Inc.