Michelle Matteson
New Money
(commercial/multi-family mortgage bankers originations index; 2001 quarterly average = 100)
Young Markets
(% population age 0 to 4 by Designated Market Area [DMA]) Click on images to enlarge.
Forward March
By Walter Page Demand for office space is now recovering at a measured pace, with net absorption rising from 31 million square feet in the first quarter of 2011 to an expected 88 million square feet by the first quarter of 2014. Because new office deliveries are running at less than half of demand (or net absorption), office vacancy rates have declined by 110 basis points in the past two years, to 11.8 percent as of the first quarter of this year, and should fall to 11.2 percent by the first quarter of next year. While growth in office rents…
HSBC Demonstrating Commitment to Ongoing Sustainable Practice in Mexico
It’s a tremendous accomplishment for a building to receive LEED for New Construction certification. But increasingly, buildings that were designed and constructed to LEED standards are proving their operating performance by certifying using LEED for Existing Buildings: Operations & Maintenance (EB:O&M). Any building of any age can certify under EB:O&M, but it can be used as soon as one year after occupancy to prove the post-occupancy performance of a new LEED building. After all, a LEED certification for design and construction is just that — by definition it doesn’t cover the future operations of the building. A new LEED building…
Asian Boom
(top 50 CBSAs based on projected growth of Asian population) By Terry Munoz The Asian population has grown rapidly over the past decade. Indeed, it has been identified as the fastest-growing racial group in America. What has not received much attention is whether the Asian population will continue growing into the foreseeable future. According to the 2010 U.S. Census, Americans who reported their race as Asian or Asian plus another race grew by 45.6 percent between Census years 2000 and 2010. By contrast, the U.S. population as a whole grew by 9.7 percent. Even more impressive, all U.S. states…
Nice News
(employed and unemployed persons by occupation; not seasonally adjusted; numbers in thousands)
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