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.
Tag: CBRE
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.
CBRE: High-Supply Multifamily Markets Starting to Recover
CBRE, Dallas, reported that multifamily markets that have seen the most growth in new supply–and thus the most negative effective rent growth–may be recovering soon.
CBRE: Office Lease Concessions Decline for First Time in 4 Years
The value of office-leasing concessions – including months of free rent – began to decline in the first half of this year and may be near a peak, according to a new report from CBRE, Dallas.
CBRE: North American Data Center Vacancy Rates at Record Low Despite Booming Supply
CBRE, Dallas, found North American data center supply grew strongly in the first half of 2024, but availability continued to tighten as demand related to cloud computing and artificial intelligence more than offset the new supply.
More Companies Shifting Office Strategies, CBRE Finds
More companies are shifting their office portfolio strategy toward expansion after focusing on contraction since the pandemic, according to a new CBRE survey.
Dealmaker: CBRE Secures $130M Construction Financing in Los Angeles
CBRE Capital Markets’ Debt and Structured Finance secured $130 million in construction financing for the development of a studio campus in the downtown Los Angeles Arts District.
CBRE: Half of U.S. Hotel Investors Plan to Buy More This Year
CBRE, Dallas, reported that investors have generally positive sentiment about the hotel market this year.
CBRE: Boston, New York/New Jersey, Los Angeles Top Life Sciences Subsectors Lists
CBRE, Dallas, released its latest U.S. Life Sciences Talent Trends report, analyzing life sciences employment by subsector and identifying which cities constitute the “top markets” for each.
CBRE: Urban Retail on the Road to Recovery
CBRE, Dallas, released a new report showing that, despite some current perceptions, the overall landscape for urban retail is making a solid recovery.