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Industrial Vacancies Climb In The Inland Empire With New Supply Hitting Market
News

Industrial Vacancies Climb In The Inland Empire With New Supply Hitting Market

... in the third quarter of last year.  Savills’ calculations found 5.2% vacancy in the ... the market, are pushing that number up, Savills said.  The biggest obstacle for the Inland ... KBC Advisors placed absorption at 1M SF, while Savills tagged it at 4.6M SF. NAI ...

Oct 11, 2023
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The HYM Investment Group's One Congress office building in the distance.
News

Boston Sees Bump In Office Leasing Activity, But Tenant Reductions Keep Vacancy Rising

... , where rents were down 3% year-over-year, according to Savills. Sublease availability reached 4.2M SF in the CBD alone ... , up 32.5% year-over-year, according to Savills. Some sizable sublease blocks came from 2seventy Bio in Cambridge ...

Oct 10, 2023
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Industrial Vacancy In DFW Tops 8% As Construction Pipeline Unloads And Interest Rates Chill Deals
News

Industrial Vacancy In DFW Tops 8% As Construction Pipeline Unloads And Interest Rates Chill Deals

... last couple of years, and it’s been performing well,” Savills Research Manager Deandre Prescott said. “What goes up has to ...

Oct 10, 2023
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How To Start A DE&I Initiative From Those Who Have Already Done It Well
News

How To Start A DE&I Initiative From Those Who Have Already Done It Well

... small and do one thing well,” said Serena Phillips, Savills professional apprenticeships manager, graduate administration. “You could start by ... work with students who take part in the programme. Savills takes similar care in selecting the right mentors for ...

Oct 05, 2023
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TikTok, Parent Company Expand Into New Space In Culver City
News

TikTok, Parent Company Expand Into New Space In Culver City

... Pointe, Commercial Observer reported, citing a Q3 office report from Savills. A source told CO an advertising agency had planned to ... the five-year average of 3.2M SF, according to Savills' Q3 report. The brokerage estimated that the LA market would ...

Oct 02, 2023
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NYC skyline
News

Signs Of Distress Growing In NYC Office Market, But ‘The Worst Is Yet To Come’

... potential enforcement transactions,” said David Heller, executive vice president of Savills’ capital markets group. “Up until this point, there’ ... Manhattan’s office blocks are part of the picture, Savills' Clinton said. As rents drop, so do property values ...

Sep 28, 2023
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Downtown Austin Skyline South Congress Bridge Unsplash
News

Storm Clouds Gathering Over Sun Belt Office Markets As Pace Of Migration Slows

... technology sector," said Michael Soto, the research director for Savills in Southern California.  Leasing activity in the trailing four ... before, the largest decline of any market tracked by Savills.  “Austin was one of the most enviable office markets ...

Sep 06, 2023
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Asian Investor Makes £350M Bet On London Hotel Recovery
News

Asian Investor Makes £350M Bet On London Hotel Recovery

... Queensgate, Mingtiandi reported, citing information from a report by Savills, one of the brokers on the transaction.  Queensgate had ... , but was unable to gain planning permission and appointed Savills and Eastdil Secured to sell the building instead.  The ...

Jan 26, 2022
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Gaedeke Group’s 44 Wall St., where tenants signed a total of 19K SF in lease agreements this week.
News

This Week’s N.Y. Deal Sheet

... , Lyft and global financial services firm FNZ Group. Savills’ Nick Farmakis and David Goldstein represented Sprinklr, while ... Michael Pallas represented building ownership in the deal, while Savills’ Jeff Peck, Daniel Horowitz and Christopher Foerch repped ...

Aug 22, 2023
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Houston Office Is Looking Up, But Don't Get Out The Party Hats Yet
News

Houston Office Is Looking Up, But Don't Get Out The Party Hats Yet

... Houston-area transactions, about 55%, were renewals, per a separate Savills report for Q4. The same report indicated 52% of major ... LLP's 62K SF renewal and expansion in Downtown Houston. Savills Vice Chairman and Southwest Region Lead Mark O'Donnell sounded ...

Jan 11, 2022
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