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2 Planned Demolitions In Rittenhouse Square Add To Wave Of Redevelopment
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2 Planned Demolitions In Rittenhouse Square Add To Wave Of Redevelopment

... prime space. The properties will allow 200K SF of development, Savills wrote. The entire area is zoned for CMX-5, which ... mile radius of that section of Center City, according to Savills. Pearl Properties has begun to demolish buildings to redevelop 113 ...

May 03, 2024
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Delayed Recovery, Economic Angst Darken CRE's December Mood
News

Delayed Recovery, Economic Angst Darken CRE's December Mood

... in their schedule, or delayed and then pushed out,” Savills North American Brokerage Chairman Joe Learner said.  Learner attributes the ... value, slows everything down. Learner said his team at Savills is working with many buildings in financial duress, which ...

Dec 04, 2025
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cold store deep freeze freezer
News

Cold Store Market Warms Up, As Warehouse Investors Look For The Next Big Thing

... estate sectors for environmental, social and governance credentials," Savills IM head of research Andreas Trumpp said. "We ... underpinned by solid fundamentals and steady inter-cyclical demand, Savills IM said. In addition to traditional grocery retailers ...

Sep 07, 2021
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Industrial Rents Drop In Southern California For First Time Since 2009
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Industrial Rents Drop In Southern California For First Time Since 2009

... landlords offer concessions to keep tenants in place, according to Savills' IE report. Barrozo said  the market saw record deliveries ... coming online without tenants at the ready, according to Savills.  Those factors contributed to the dips in average asking ...

Apr 11, 2024
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This Week's London Deal Sheet
News

This Week's London Deal Sheet

... a high-quality environment to promote work and study,” Savills Director Josh Lamb said in a statement. *** Flexible ... boroughs of Barking and Dagenham, Havering and Newham. ACQUISITIONS Savills has expanded its flexible office business Workthere with the ...

Apr 11, 2024
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Burdened By Layoffs And Uncertainty, Tech Leasing To Remain Depressed
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Burdened By Layoffs And Uncertainty, Tech Leasing To Remain Depressed

... s demand for office space cratered in 2023, according to Savills, with only 9M SF leased nationwide last year, compared to ... predict how these companies' space needs will grow, according to Savills Vice Chairman and Atlanta head David Rubenstein. “That’s why ...

Apr 09, 2024
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LA Office Leasing Activity Depressed As Economic Hits Keep Coming
News

LA Office Leasing Activity Depressed As Economic Hits Keep Coming

... 20% from 3.6M, according to Savills, which cited economic uncertainty as a major ... 't precisely alike. In its report, Savills noted that it had found “several anecdotal ... levels by some counts.  According to Savills, sublease space in the second quarter rose ...

Jul 20, 2022
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WilmerHale Renews At 60 State St. But Shrinks Footprint
News

WilmerHale Renews At 60 State St. But Shrinks Footprint

... at Starwood Real Estate Income Trust's 60 State St., Savills announced on Tuesday. The firm has called the State ... $614M from J.P. Morgan Asset Management and Oxford Properties.  Savills' Roy Hirshland, Thomas Fulcher, Arthur Greenberg, Ron Perry and Matthew ...

Nov 04, 2025
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One World Trade Center
News

AI Firm Expands In Move To One World Trade: The N.Y. Deal Sheet

... in the deal. CBRE’s David Hollander represented Wunderkind, alongside Savills’ Scott Bogetti and Will Joumas. The deal comes as AI ... year alone, racking up 486K SF in leases, according to Savills data provided to Bisnow. TOP LEASES Tishman Speyer inked a ...

Oct 14, 2025
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Golden Triangle
News

Master Planner Selected For $260M Southwest Philly Life Sciences Project

... 2021 to well under $1B in 2024, according to a Savills report. That figure sits at approximately $75M for the first ... to CBRE.  Only one of the notable transactions highlighted in Savills' report was in the neighborhood, Cabaletta Bio’s 7,600 ...

Oct 10, 2025
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