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As VC Targets Life Sciences, Can Golden Triangle Shine Again?
News

As VC Targets Life Sciences, Can Golden Triangle Shine Again?

... probably a more accurate reflection of development going forwards.” Savills estimates life sciences-related takeup this year at around 500K ... Triangle is very much constrained by a lack of stock,” Savills' Lang said. “Occupiers tend to like prefitted built ...

Nov 04, 2024
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Houston Industrial Demand Is Dropping Off Faster Than Its Supply Pipeline
News

Houston Industrial Demand Is Dropping Off Faster Than Its Supply Pipeline

... 9M SF under construction, vacancy is expected to keep rising, Savills Research Manager Deandre Prescott said. “Nationwide, the industrial ... was mild and expected after 2022’s record highs, Savills researchers wrote. About 50% of deliveries this quarter were ...

Oct 22, 2023
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British Land
News

This Week's London Deal Sheet

... another batch of logistics and retail warehouses, he said. Savills advised on the sale.  PLANNING The London planning team working ... with Savills Earth, on behalf of Westminster City Council, have gained ...

Aug 14, 2024
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Irish CRE Bucks European Trends, But For How Long?
News

Irish CRE Bucks European Trends, But For How Long?

... investments becoming more prominent. Reports by JLL, CBRE and Savills found that the Irish CRE market had rebuffed headwinds better ... modern units that are now coming to the market.” Savills Ireland Director of Industrial and Logistics Jarlath Lynn said.  ...

Jul 06, 2022
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3 and 4 World Trade Center
News

This Week's N.Y. Deal Sheet: StubHub Taking 100K SF From Spotify At 4 WTC

... Azovtsev, Michael Bertini, Brad Wolk and Will Jouma of Savills repped StubHub, while Colliers’ Sheena Gohil repped Spotify. *** ... Wakefield. Jim Wenk, Scott Bogetti and Alex Redlus of Savills repped the tenant. *** Affordable housing provider Phipps Houses ...

Aug 06, 2024
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LA Sublease Volume Inches Lower From Record Highs
News

LA Sublease Volume Inches Lower From Record Highs

... at all was notable, reports from JLL, Newmark and Savills said. The decrease came as some companies took advantage of ... the past year, but average taking rents have decreased, Savills Southern California Region Research Director Michael Soto said, adding that ...

Oct 13, 2021
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People in suits on a chess board on the beach
News

It's Poaching Season For Big CRE Brokerages In South Florida

... vice chairman and co-head of the Florida region at Savills. “They want something different today.” Abood is looking to poach ... acquisition opportunities — that’s what sets us apart,” he said.  Savills is making the biggest push for growth in the region ...

Jul 31, 2024
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Move Over, Multifamily: The DFW Oversupply Narrative Has Claimed A New Victim
News

Move Over, Multifamily: The DFW Oversupply Narrative Has Claimed A New Victim

... two years, when quarterly absorption averaged about 8.4M SF, Savills Vice President of Industrial Research Mark Russo said via email ... and job growth should continue to drive leasing, according to Savills. Still, the negative impact on rents will take awhile ...

Jul 08, 2024
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Philadelphia Office Leasing Remained Steady In Q2, And The Fundamentals Aren't Changing
News

Philadelphia Office Leasing Remained Steady In Q2, And The Fundamentals Aren't Changing

... the beleaguered office market, Daniela Stundel, a research manager at Savills, told Bisnow. But they aren't improving, either. “What you ... .9%, though rents in the CBD dropped 1%, according to Savills. Major firms making big moves stuck to the suburbs in ...

Jul 07, 2024
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135 West 50th St
News

This Week's N.Y. Deal Sheet

... Peter Johnson of Avison Young represented Tomorrow Health, while Savills’ Eric Schmall, Allyson Bowen and Christina Bicks represented Vice ... Commercial Observer reports. The library system was repped by Savills’ Ira Schuman and Stephan Steiner in the deal, ...

May 24, 2022
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