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Economic Uncertainty, Hybrid Work Lead To Record-High Availability In LA Office Market
News

Economic Uncertainty, Hybrid Work Lead To Record-High Availability In LA Office Market

... in the top 10 lease transactions by square footage that Savills tracked. Instead, there were five renewals, two relocations ... relocation, one sale-leaseback and one lease extension. The Savills report chalked the leasing activity slowdown up to “occupiers ...

Jul 07, 2023
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Downsizing Makes Up Large Chunk Of Houston’s Q2 2023 Office Leasing Activity
News

Downsizing Makes Up Large Chunk Of Houston’s Q2 2023 Office Leasing Activity

... 11% reduction compared to its previous lease, according to the Savills report. Fluor Corp. had the second-largest lease of the ... .2% to 28.2%, the report shows. However, looking ahead, Savills said availability is likely to increase as companies relocate and ...

Jul 06, 2023
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What Tenants Want: A Peek Into 3 Los Angeles Office Leasing Decisions
News

What Tenants Want: A Peek Into 3 Los Angeles Office Leasing Decisions

... ,” Valenzuela said.  Logical Consolidation Real estate services provider Savills this year announced plans to unify its Los Angeles ... market.  That investment in the property was attractive to Savills, but easy, convenient parking and a direct connection ...

Jul 21, 2025
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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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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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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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