The enticements that companies receive to sign new office leases declined last year, on average, for the first time since at least 2019, according to CBRE, Dallas.
Tag: CBRE
CBRE: Data Centers See Strong 2024
CBRE, Dallas, reported supply in primary data center markets increased by 34% year-over-year in 2024, significantly more than the 26% increase in 2023.
CBRE Forecasts Steady Hotel Sector Growth
CBRE, Dallas, forecasts that hotel revenue per available room will grow steadily in 2025 and urban locations will outperform due to improved travel and the recovery of inbound international travel.
Net-Lease Investment Volume Surges, Driven by Strong Industrial Demand
U.S. net-lease investment surged last year, according to new research from CBRE.
Investors Poised to Deploy More Capital in 2025: CBRE
CBRE, Dallas, said investors are gearing up to inject more capital into the U.S. commercial real estate market this year, driven by favorable pricing and despite the challenges posed by interest rate fluctuations.
CBRE: Retail Market Faces Space Shortage
The United States is under-retailed by 200 million square feet amid rising consumer demand, CBRE, Dallas, found in a recent analysis.
CBRE: Medical Outpatient Buildings Poised for Growth
Medical outpatient buildings are poised for lower vacancy and higher rents, leasing activity and sales transaction volume, CBRE reported.
CBRE: Strong Office Conversion Pipeline Will Boost Downtowns
CBRE, Dallas, said office conversions have had a great 2024, with 73 completed and another 30 scheduled for delivery by year-end–the most since the firm began tracking conversion projects eight years ago.
CBRE: Multifamily Vacancy Rate Declines
CBRE, Dallas, reported the U.S. multifamily market’s vacancy rate fell in the third quarter for the first time in more than two years, with renter demand outpacing new supply deliveries.
Dealmaker: CBRE Arranges $91M Sale in Los Angeles
CBRE, Dallas, arranged the sale of Extra Space Storage in Cerritos, Calif. to Houston-based investment firm Hines for $91 million.