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Brookfield Defaults On $784M In Loans For 2 DTLA Office Towers
News

Brookfield Defaults On $784M In Loans For 2 DTLA Office Towers

... through the foreclosure process," a fourth-quarter office report from Savills noted. Savills also has offices in the 777 Tower.

Feb 14, 2023
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The Sensational Rise Of Sheds In H1 2020
News

The Sensational Rise Of Sheds In H1 2020

... of the real estate industry left standing. According to Savills' latest Big Shed Briefing, take-up of industrial ... incredibly resilient, even in the face of unprecedented uncertainty,” Savills National Head of Logistics Richard Sullivan said.  "Online retail ...

Jul 08, 2020
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Office Leasing Activity Plummets 75% As Occupiers Put Off Big Decisions
News

Office Leasing Activity Plummets 75% As Occupiers Put Off Big Decisions

... depressed level of activity could continue for some time, Savills said. Occupiers still see COVID-19 outbreaks happening across the ... options will be forced to reevaluate base rent pricing,” Savills said. “As the regional economy’s structural deficiencies ...

Jul 07, 2020
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Big Leases Mask LA Office’s Long Road To Recovery
News

Big Leases Mask LA Office’s Long Road To Recovery

... were deals that were already in motion, said Michael Soto, Savills’ research director for the Southern California region. “Companies that ... 1% of office space was available for lease, according to Savills — a number the brokerage referred to as record high. ...

Jul 01, 2021
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Office building Landsec
News

This Week's London Deal Sheet

... *** Historical-themed visitor attraction operator Puy du Fou has instructed Savills to secure its first UK site. The France-based theme ... of the richness and depth of British history and culture,” Savills Head of Leisure and Trade Ian Simpson said. PEOPLE  ...

Feb 02, 2023
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Tech Office Leasing Plummets Nationwide As Layoffs Hit
News

Tech Office Leasing Plummets Nationwide As Layoffs Hit

... been rapidly rising since the midpoint of last year, per Savills data. In 2022 alone, the industry slashed more than 190 ... % in Silicon Valley and around 44% in Austin, according to Savills. Yasukochi said subleases have been the more popular avenue for ...

Jan 24, 2023
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H.J. Kalikow & Co’s 101 Park Ave., where Canadian wealth management firm CI US Holdings signed a 50K SF lease this week.
News

This Week’s N.Y. Deal Sheet

... landlord in the transaction. Avison Young’s Evan Foley and Savills’ Mitti Liebersohn, previously of Avison Young, repped CI US ... the high $60s per SF at the building’s base. Savills’ Nick Farmakis and Kate Walker represented the tenant, Colliers’ Eric ...

Jan 17, 2023
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San Francisco Skyline
News

San Francisco's Office Availability Tops 32% To Finish 2022

... space is available for lease, according to new data from Savills, highlighting the ongoing struggle for a market that three years ... the end of this? I don't think anyone knows," Savills Senior Director and Head of Office Research Michael Soto said ...

Jan 08, 2023
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This Week's Chicago Deal Sheet
News

This Week's Chicago Deal Sheet

... ,” according to the report. Sublease listings are still surging, Savills added, increasing 54% from pre-pandemic levels to 4.3M ... were in the O’Hare and East-West Corridor submarkets, Savills stated. EXECS Equity, a national commercial real estate firm, ...

Jun 01, 2021
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Birmingham's Fort Retail Park: Back On The Market At £80M As Investors Rethink
News

Birmingham's Fort Retail Park: Back On The Market At £80M As Investors Rethink

... from e-commerce for what are essential buys. The Savills report noted submarkets weighted toward out-of-town parks have ... and the number is in excess of 30 for Aldi. Savills concluded that there were “significant investment opportunities”. Delancey was ...

May 12, 2021
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