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Pennsylvania Industrial Rents Stall Out As Leasing Market Finally Normalizes
News

Pennsylvania Industrial Rents Stall Out As Leasing Market Finally Normalizes

... 81/Interstate 78 region of Pennsylvania, according to data from Savills Research & Data Services. Rents grew over 15% in the ... a 61% drop-off from a year prior, according to Savills data. Cushman & Wakefield estimated nearly 15M SF of industrial development ...

Oct 09, 2023
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This Week's London Deal Sheet
News

This Week's London Deal Sheet

... will continue to operate the assets on behalf of Savills Investment Management. DEALS Greystar Real Estate Partners has ... Everyman Cinema and Le Chocolat Alain Ducasse as occupiers.    *** Savills, on behalf of landlord The Langham Estate, has completed ...

Oct 05, 2023
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Houston Office Sublease Market Stabilizes, But Huge Blocks Remain Available
News

Houston Office Sublease Market Stabilizes, But Huge Blocks Remain Available

... and shows that Houston’s office sublease market is stabilizing, Savills Managing Director Alecia Schneider said. “Subleasing is very much an ... s leases don't expire until 2037, according to the Savills report. Other large chunks of sublease space include the ...

Jun 06, 2024
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Oxford Circus
News

Oxford Street Strives To Make Ikea Opening The Symbol Of A Long-Term Comeback

... but also the proposals from Nike for its revamped NikeTown," Savills co-Head of Global Retail Sam Foyle said. "It’s ... Avenue, had real challenges postpandemic. But those are bygone days.”  Savills estimated the vacancy rate at 1.35% at the end ...

May 01, 2025
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This Week's D.C. Deal Sheet: Shaw Affordable Project Gets Financing
News

This Week's D.C. Deal Sheet: Shaw Affordable Project Gets Financing

... a $31M loan in 2013 to refinance the property. PERSONNEL Savills has named Amy Kaufman Brendler and Jon Glass as executive ... recently a senior vice president. She began her career at Savills in the early 2000s, when it operated as Studley. Glass ...

Apr 25, 2025
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245 Summer St. in Boston.
News

Fidelity Puts 800K SF Boston Headquarters Up For Sublease

... sublease, according to a source close to the building. Savills' first-quarter office market report says the 803K SF space ... — the first quarterly decline in three years, according to Savills' Q1 report. Sublease availability has decreased slightly from 4.5M ...

Apr 08, 2025
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Industrial
News

Iput Launches €230M Fund To Develop Nexus Logistics Park

... 3M SF, according to the latest report from Savills Ireland, marking a 58% decline compared with ... size of 42,700 SF. However, Savills said this was distorted by a single ... 7M SF scheduled to complete this year, Savills predicted that prime rents will rise to € ...

Mar 10, 2025
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Plant growth land
News

Some Sectors Will See The 'Buying Opportunity Of A Generation' In 2023

... the main driver of investment performance. For residential property, Savills said much higher costs of debt are expected to ... is set to deliver rental growth.  Across commercial sectors, Savills predicted that the weak consumer environment in 2023 will lead ...

Dec 19, 2022
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Empty warehouse space in New Jersey
News

U.S. Industrial Sublease Availability Hits Record-High 156M SF

... in the fourth quarter, according to Savills data reported by The Wall Street ... industrial space was available for sublease, Savills reported. That dropped to about ... Most of that was in spec projects, Savills reported. Nationwide, industrial vacancy reached 6%, ...

Feb 14, 2024
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Nonprofit charity aid workers volunteers
News

Why NYC Nonprofits Might Have To Start Scrambling For Space

... quality space had already started for nonprofits, data provided by Savills to Bisnow shows. In 2023, 51% of nonprofit ... picture for nonprofits’ office footprints because of leasehold deals, Savills Vice President Marisha Clinton said. “I think we could ...

Feb 10, 2025
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