Our Cities Research Center, underpinned by 10 years of pioneering city research, brings together our firm-wide resources and expertise on cities around the world to help you identify new opportunities and to navigate through the New World of Cities.
We’ve been investigating property markets in cities across continents for more than 40 years. Ten years ago, in response to the radical and growing impact of urbanization and globalization
What city comes top of mind when you think of high rent – for both residential and office space? New York City? You might be surprised to learn the country’s Most Expensive Street for office space is in a San Francisco suburb, according to a research study released by Jones Lang LaSalle. The… Read More
Mark Detmer, Managing Director and Head of West Coast Industrial Capital Markets, shared his thoughts with Commercial Executive Magazine on the current state of Phoenix‘s Industrial market.
When talking Phoenix industrial product, the label “industrial strength” is a perfect fit. These are the Valley’s assets that came out of the gate strong — at the start of the recovery cycle — and have continued to… Read More
John Bonnell, managing director of Agency Leasing, recently shared his thoughts with the Phoenix Business Journal on the Camelback corridor and overall Valley office trends. While the Camelback corridor is widely regarded as a highly sought after submarket, recent reports indicate otherwise.
The Camelback corridor posted an average 27.4 percent vacancy rate for the first half of 2013, surprisingly higher than the Valleywide average… Read More
Retail transaction volume may have been down in the beginning of 2013, but now the market is busier than ever. JLL is predicting an uptick in retail investment sales by at least 10 percent in 2013, with investors who had formerly been focused on Class A properties moving up the risk spectrum to those B and C assets in search of higher yields. JLL breaks down who’s buying, where, and why.
Michael Prabhu, Managing Director of our property management portfolio in Arizona, Southern California and Nevada, shared his thoughts with CoStar on Building Owners and Managers Association (BOMA) International’s survey “What Office Tenants Want: 2013 BOMA Global Office Tenant Survey Results.”
Michael shared that the outlook among building owners is confident due to the improving economy positively affecting their assets and associated tenant services.
Seaports are focused on enhancing their infrastructure to attract ocean carriers, while industrial users want access to population centers and supply chain optimization. Both are positioning themselves to compete and vie for market share, and this is creating excellent momentum for industrial real estate.
Eastern seaboard ports are preparing for the completion… Read More