National
Life Sciences Remodel 2018 CRE Landscape
Strong demand drivers, rapid technological advances and plentiful capital stimulate growth in the life sciences sector, according to CBRE’s latest 2018 outlook. But the downsides of swift growth often defy expectations.
Economy Watch: Retail Sales Gain Ground in December
Compared to a year ago, retail sales were also up in almost every category, with department stores even eking out an annual gain, the Census Bureau reported.
Lowe Snags 26-Building Industrial, Office Portfolio
The properties were constructed between 1954 and 2008, and many of the buildings have been upgraded and expanded over the years.
Economy Watch: Seattle Tops Nation for STEM Job Opportunities
Markets with good STEM employment opportunities are likely to enjoy strong real estate fundamentals as well, according to a recent WalletHub report on Bureau of Labor Statistics data.
Economy Watch: Positive Outlook for Nonresidential Construction in 2018
The Dodge Momentum Index ended 2017 on a high note, which bodes well for construction activity this year.
New Manhattan Office Product to Soar in 2018
Coming off strong leasing activity in 2017, the Manhattan office sector is set to welcome this year its highest amount of new office product since 1986, Cushman & Wakefield executives noted at the firm’s latest press briefing on the market.
NYC No Longer First Global City in RE Investments
Los Angeles ranked fourth globally, according to results of the 26th annual survey of members of the Association of Foreign Investors in Real Estate conducted in the fourth quarter of 2017.
Bridge Office Expands Atlanta Portfolio
The firm snapped up a group of 13 office buildings, situated in key suburban markets, from Piedmont Office Realty Trust.
Working Around the Tax Bill, Other 2018 Hacks
Financial and business advisor Ray Sturm penciled out the real estate environment for 2018, in light of the revised tax legislation, budget cuts and challenges in affordable housing development.
Economy Watch Weekly: Job Growth Down in 2017
The U.S. economy created a total of 2.1 million jobs in 2017, which is down from last year’s total, according to the Bureau of Labor Statistics. Economy Editor Dees Stribling dives into the latest jobs report, for the week ending Jan. 5, 2018.