Office-using employment increased this year, but office absorption remains negative, reported Cushman & Wakefield, Chicago.
Tag: Cushman & Wakefield
Dealmaker: Cushman & Wakefield Advises UCLA on $80M Campus Acquisition
Cushman & Wakefield, Chicago, is representing the University of California Los Angeles as it acquires the former Marymount California University campus in Rancho Palos Verdes, Calif.
Dealmaker: Cushman & Wakefield Arranges $69M New Hampshire Industrial Sale
Cushman & Wakefield, New York, arranged $69 million for the Northeast Industrial & Flex Portfolio, a four-building portfolio totaling 593,000 square feet in New Hampshire.
Bright Spots Amid Offices Sectors Struggles
Office absorption remains negative even though office-using employment increased by 1.9% in the first half of the year, adding 635,000 jobs, reported Cushman & Wakefield, Chicago.
‘Brick & Mortar Here to Stay’
Cushman & Wakefield, New York, said brick and mortar stores will remain a crucial part of the retail sector even if e-commerce grows.
Dealmaker: Cushman & Wakefield, Greystone Close Alabama Multifamily Sale, Financing
Cushman & Wakefield and Greystone arranged provided acquisition financing for City Heights Hoover, a 160-unit multifamily community in suburban Birmingham, Ala.
Cushman & Wakefield: Considerable Scope for Commercial Real Estate to Absorb Rate Increases
Changes in interest rates and changes in commercial real estate cap rates have a weak relationship historically, said Cushman & Wakefield, Chicago.
Dealmaker: Boulder Group Arranges $15M in Net Leased Property Sales
The Boulder Group, Wilmette, Ill., sold two single-tenant net leased retail properties in Illinois and Colorado for $14.7 million.
Dealmaker: Cushman & Wakefield Brokers $101M in Life Sciences, Medical Office Sales
Cushman & Wakefield, Chicago, closed life sciences and medical office property sales totaling $100.9 million in Missouri and Indiana.
Dealmaker: Cushman & Wakefield Arranges $315M Orlando Office Sale
Cushman & Wakefield, Chicago, has arranged the sale and financing of SouthPark Center, a 10-building suburban office park in Orlando, Fla. The sale price equaled $315 million.